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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (5291)	7/27/1999 2:21:00 PM
From: CIMA	Respond to of 150070

OGPS - Perfectly positioned to take advantage of SNMM's woes (down $8.50 today, getting clobbered)with their proprietary casino software IMO. MM's keeping the spread wide, trying to take advantage of any spillover sector panic. News coming Thursday apparently, new money coming in soon and a positive surprise rumored to be in store for current shareholders. Cheap now, but not for long IMO. Tuesday July 27, 11:05 am Eastern Time Company Press Release SOURCE: Las Vegas Casino, Inc. Starnet Sued by Las Vegas Casino, Inc. for One Billion Dollars VANCOUVER, British Columbia, July 27 /PRNewswire/ -- 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 Bulletin Board: SNMM - news; Berlin: SNM) has a wholly owned subsidiary, Softec Systems Caribbean, Inc. which is also being sued. Starnet is also listed on the Berlin Stock Exchange on the 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., ''This company also claims that 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'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.'' In an e-mail received by Las Vegas Casino, Inc.'s management in December 1998, Chairman and Chief Financial Officer Jack Carley had responded to previous complaints made by Las Vegas Casino, Inc. as follows: ''If I could, I'd fire them all (Starnet staff) and start over,'' a remark that failed to satisfy, lessen or ameliorate what appeared to be a number of severe problems that Starnet was experiencing with regard to the viability and integrity of the service it was purportedly offering to its clients. A spokesman for Las Vegas Casino. Inc. added that such problems, far from being overcome, were now actually worse than before. ABOUT LAS VEGAS CASINO, INC. Las Vegas Casino is owned and managed by a group of US corporations, including a finance company, and an international group of companies, who have been in business for more than 140 years. The company is the largest operator of casinos on the Internet. For more information about Las Vegas Casino, Inc. visit the company's Web site at lasvegascasino.com , or e-mail: legal@LasVegasCasino.com . SOURCE: Las Vegas Casino, Inc.

To: SSP who wrote (5291)	7/27/1999 2:28:00 PM
From: CIMA	Respond to of 150070

MRTO - Merlin's take: Merlin's Picks - www.cyberstocks2000.com Companies LOVE to HINT in Press Releases. This press release to me is to bring attention to the company. All I know is that I am Taking some profits in a few stocks (NOT KNSC) and getting more MRTO in hopes they are HINTING about a buyout in which a larger known and possibly traded company will pay MORE than MRTO's present price. May $4 a share? Maybe $7 a share? Maybe they will join forces and it will increase their overall worth or value...then causing their book value to rise? I like this stock...I told you things were in the works...HERE IT IS. New rumor is that a promo firm may be picking them up. Hey 3 PR's in a week or so confirms to me that something is going on! I will attempt to add shares under $3. My avg price now is about $3.20. Good Luck all. Disclaimer: www.cybershops2000.com/disclaimer.htm ______________________________________________________________________ To unsubscribe, write to NSDQMerlin-unsubscribe@listbot.com Start Your Own FREE Email List at listbot.com