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Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming

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To: Sir Auric Goldfinger who wrote (134)2/28/1999 7:08:00 PM
From: Whisperer!  Read Replies (1) of 363
 
I guess you don't have much experience in the equity markets. RIHI was a what is known as "shell". (not to be confused with janice shell) There in the process of merging with World Net Gaming. The result will be a public internet gaming company. Based on the fact that new company will have over $84 million in gross revenue based on there existing $7 million per month, I would have to say the consultant did a pretty good job.

Last time I checked $84 million in revenue is a pretty real company.

Just so know, Xerox was a reverse merger and they seemed to have faired pretty well.

My suggestion is you sit and back and watch until you have little broader knowledge base to operate from.

Do you know if janice has made an investment decision?
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