**CSIN** ALL BUYS on L2...NEWS with SNMM, plus major push with 3-4 more releases coming. CEO predicts high profitability.
Stock was just over $1.50 few days ago. Now 1.00 on ask
(PR NEWSWIRE) Casinopirata.com Enters Into Negotiations With Starnet Commu
Casinopirata.com Enters Into Negotiations With Starnet Communications
PORTLAND, Ore., May 11 /PRNewswire/ -- Casinopirata.com Inc.
(OTC Bulletin Board: CSIN) is pleased to announce that it has entered into
negotiations with Starnet Communications (OTC Bulletin Board: SNMM) to acquire
another online casino.
Casinopirata.com, a theme-based Casino and Sportsbook, is now offering
Vegas-style casino games such as blackjack, roulette, pai-gow and craps along
with wagering on professional sporting events such as the NFL, NBA, NHL, and
Major League Baseball. The Company's web site is located at
casinopirata.com.
"This acquisition is in line with our business plan objectives.
Casinopirata.com intends to grow by opening additional online casinos and
acquiring proprietary online gaming technology. We feel that we will easily be
able to deliver our earnings forecasts of $1.50 per share in net income within
the first year of operations. With our stock trading at $1.00 per share we
feel that the price of our stock is very undervalued here," stated Paul
Stringer, President.
Casinopirata's competitors within the Internet gaming market include
Anchor Gaming Inc., Trans World Gaming Group, Argosy Gaming Co., International
Game Technology Inc., Cryptologic Inc., GLC Limited, Atlantic International
Entertainment Ltd., Cybergames Inc., IGN Internet Global Network Inc., OTC and
Global Games Corp.
Starnet is a fully reporting US (Delaware) corporation, which is currently
listed on the National Association of Security Dealers ("NASD") over-the-
counter Bulletin Board and commenced trading in September of 1997 under the
symbol "SNMM". Starnet is also listed on the Berlin Stock Exchange ("Berlin")
and is publicly traded on the over-the-counter market under the symbol "SNM."
Starnet is an Internet Software, Technology and Service Company, which
commercializes on-line applications for established markets. For more
information, please visit snmm.com
The Wall Street Research Group, a company that features undervalued stocks
in emerging growth markets, has listed CSIN as a recommended buy. For further
information or for a hard copy call 1-888-615-1145 or
wallstreetresearch.net
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