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To: Jim Bishop who wrote (3789)7/15/1999 2:50:00 AM
From: SSP  Respond to of 150070
 
INTQ - Nice market size to get a hold of! Lots of growth in this company!



To: Jim Bishop who wrote (3789)7/15/1999 2:51:00 AM
From: SSP  Read Replies (3) | Respond to of 150070
 
-Casinos International Approved For an Offshore Virtual Casino Wagering License
VANCOUVER, British Columbia, July 14 /PRNewswire/ -- VentureTech, Inc. (OTC Bulletin Board: VTEH - news), an Idaho Corporation, is pleased to announce that its wholly owned subsidiary, EuroAsian E-Casinos International Ltd. (E-Casinos International) has been approved by the Government of Antigua for an Offshore Virtual Casino Wagering License. E-Casinos International, an Antigua based International Business Corporation, expects to launch its first Internet gaming web site (www.asiacasino.com) for real-money on or before July 20, 1999 concurrent with the filing of all requirements with the Antigua Free Trade Zone. The asiacasino.com web site will primarily be marketed to the lucrative Asian gaming market, but will be accessible from all parts of the world with the exception of the United States and Canada. Until such time as the laws regarding online wagering in these jurisdictions are clarified, E-Casinos International has elected not to accept wagers originating from these areas.

E-Casinos International has licensed its software technology from Softec Systems Caribbean Inc. (Softec), a wholly owned subsidiary of Starnet Communications International Inc. (OTC Bulletin Board: SNMM - news). Under the technology agreement, Softec will supply E-Casinos International with a customized, full service Internet gaming system where customers will be able to place wagers for real money on casino-style games of chance, pari-mutuel racing, and at its international sportsbook. E-Casinos International intends to operate multiple Internet gaming web sites around the world with varying cultural themes to appeal to a broad spectrum of international players.

Mr. Art Rosenberg, Chief Operating Officer of VentureTech commented: ''With the launch of our first online casino, we can now begin to realize our vision of becoming one of the premier players in this industry. As a founding member of the Interactive Gaming Council, we expect to help set the standard by which all Internet gaming companies will be judged. Asia Casino is but the first step on a long road toward becoming a broad based gaming provider.''

VentureTech is a high technology investment and finance company licensing leading edge technologies for emerging or developing business opportunities. The company's primary focus is on the exploding business ventures evolving from the rapidly growing Internet. VentureTech, through its wholly owned subsidiaries, has positioned itself to take advantage of two the fastest growing and sizable sectors of a worldwide economy -- the Internet and gambling. Virtual casinos are the new frontier of gambling with an almost unlimited market potential.

To receive further corporate information: Investor Relations: Toll-Free (800) 488-7151 or visit www.vteh.com.

Corporate & Joint Venture Information: Contact Mr. Art Rosenberg, VentureTech: 703-471-5623.

The above statements in regard to VentureTech, Inc. and E-Casinos International which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including VentureTech, Inc. and E-Casinos International's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate and marketplace changes.



To: Jim Bishop who wrote (3789)7/15/1999 9:14:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 150070
 
GO VSE GO.....LOLHARD....

B.C. Securities Commission -
Post says arrested VSE brokers face BCSC hearing
B.C. Securities Commission BCSEC
Shares issued 0 1899-12-30 close $0
Thursday Jul 15 1999
See National Bank of Canada (NA) In the News

The Financial Post reports in a lead business story in its Thursday edition that the British Columbia Securities Commission has launched an action against two Vancouver brokers recently arrested by United States officials on securities fraud charges. Reporter Drew Hasselback says that citing the U.S. arrest warrant, the commission alleges that Michael Kevin Patterson and Dirk Alan Rachfall, two brokers employed by Pacific International Securities, may have been involved in stock price manipulation, fraud and an illegal "kiting" scheme. A hearing in Vancouver is scheduled for July 22, but commission lawyers say they will ask for an adjournment to allow staff to gather more information on the allegations. As a general rule, the commission usually takes action against all persons registered within B.C. who are charged with crimes, according to Sasha Angus, the commission's director of enforcement. P.I. has not been charged under the U.S. investigation, and the BCSC notice of hearing takes no action against the brokerage.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

MM