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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?


To: Gator who wrote (3773)7/25/1999 3:37:00 PM
From: Joel K.  Read Replies (1) | Respond to of 8858
 
Gator, thanks for the link to Homan's reply to the Vancouver Sun article. It never occurred to me there could be a relationship to the shorts. Anyway it appears Mark has stated earnings will be announced this Thursday (right on schedule). Lets hope that on its release the short sellers will run for cover. Lets also hope the stock will go up prior to Thursday in anticipation of good earnings.

Joel K.



To: Gator who wrote (3773)7/26/1999 2:05:00 PM
From: Elly Vasilopoulos  Read Replies (2) | Respond to of 8858
 
The following, sometimes potentially libelous items were retrieved from gamblingonline.com today.

Quoted in full:

-----

Very interesting e-mail from Starnet:
"If I could I'd fire them all and start over"

Starnet must have some huge problems if all the staff should be fired,
according to Jack Carley, the top man in the company. If the company was
the best, as they claim, they would not need to fire the whole lot!

X-Sender: jcarley@starnetc.com
X-Mailer: Windows Eudora Version 2.1.1
To: claude@e-casinos.com
From: jcarley@starnetc.com (Jack Carley)
Subject: For your own information
Date: Mon, 7 Dec 1998 13:32:33 -0800

Claude. We have made a few more internal changes and are actively
searching for personnel to improve our system administrative function. We will
hire as soon as we find them and rid ourselves of the more inexperienced
staff. The key is finding good people and frankly they are far and few
between. If I could I'd fire them all and start over however we all have too
much at stake to come to a dead stop for any length of time. We have 12
programers and 6 systems admin people on staff and you'd think that would
be enough. In any event the details of this week-ends problems are being
reviewed and addressed

Interesting article that confirms that they are very shady people working with
and inside Starnet. What about their lies concerning the Nevada Gaming
Control Board. By the way, Mitchell White is a well known drug addict, and
the son in law of Jack Carley. Nice family! Until a few months ago, Mitchell
White was the top man at Starnet, a drug addict!

vancouversun.com

STARNET SUED FOR
ONE BILLION DOLLARS

Las Vegas Casino, Inc., an Internet-based online casino company that is
Starnet's biggest licensee for its 'turnkey' casino games, is suing Starnet
Communications International, Inc. for $1 billion.

Starnet Communications International Inc. (OTC BB:SNMM) has a wholly owned
subsidiary, Softec Systems Caribbean, Inc. which is also being sued. Starnet is
also listed on the Berlin Stock Exchange on Over-The-Counter market under the
symbol SNM.

Las Vegas Casino, Inc. is claiming damages for a very substantial number of
breaches of agreement. According to a company spokesman from Las Vegas
Casino, Inc., Starnet has too many grave irregularities in their accounting
systems, too many serious bugs in their software, their technical and e-cash
support is extremely deficient, with very serious problems such as massive over
billing of credit card accounts.

Starnet is also refusing to supply the proper accounting records they must
supply under the license agreement. The auditors simply cannot do their work in
these deplorable conditions. Las Vegas Casino, Inc. has received thousands of
complaints from its clients, saying that Starnet's software and the company
itself, and its subsidiaries were the worst they have ever known.

Starnet is fully controlling the client's accounts and the balances of all these
accounts as they process all the cash transactions on behalf of Las Vegas
Casino Inc. through their subsidiary EFS Caribbean. Starnet is the only one who
have access to the systems. All the clients are invited to contact directly Jack
Carley on 1 (604) 685 7619

Starnet's highest management has admitted in writing that these problems were
real, and this evidence of numerous admissions will be presented to the courts
as early as next week.

Company Press Release
LAS VEGAS CASINO INC.

Many readers asked who was H.L.I., the name that Starnet used as a reference
in their misleading and fraudulent e-mail they send out to thousands of clients.
HLI is probably Starnet's only friend in the industry, this company was shut down
by the police in Vancouver, California and Australia. The management was
arrested and all their servers seized. They have been down for approximately
three months. Read our coverage of this scandal at:

gamblingmagazine.com

gamblingmagazine.com

gamblingmagazine.com

IMPORTANT: Reprinting any of Starnet's articles is strongly and
happily encouraged, as long as they are unedited.