CAOL: The Chinese AOL and Internet Lottery Message Board

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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: gizmo&jack who wrote ()	5/12/1999 2:23:00 PM
From: Khris Smith	of 720

I just spoke with Brian Ransom at CAOL: He is still optimistic that BOTH the Lottery Kiosks and the ISP will receive favorable legal oppinions. He has spent many years forming relationships in China, and feels the outcome will be favorable. Many of us have had questions as to what a "favorable legal opinion" actually is.This is how it was explained to me. The CAOL lawyer must check all laws, both domestically and Chinia's. After assertaining that it is legal to proceed, we will receive a "favorable legal opinion". Everything is still going forth, if it was not, Brian R. assured me there would be a news release stating so. We are all alittle early, this company will prove to be a good investment. I know how hard it is to see a 5/8 bid...believe me I feel it too--but hang in there. I can call again and will ask any intelligent questions. To me, we need a signing of the contract, and they are working on it. That is the best I can ask for. nitetrade / khris PS Lets not start worrying about online gambling, the revenue will be from the lottery-keep focused.

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