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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (10537)	8/6/1999 4:06:00 PM
From: HandsOn	Respond to of 57584

Where were You, got some CORL for LINUX hype with Redhat IPO next week. I just picked up some ADBL, just went on the restricted list. Have a good weekend, ttyl.

To: Rande Is who wrote (10537)	8/6/1999 5:33:00 PM
From: fishweed	Respond to of 57584

Rande - It appears there's something up with ARTT. It traded 40% of todays volume in the last hour or so, bucked the trend, spiked up into the close. Some large trades, 25&30,000, at the ask (days high). Traded above the close after hours. fish

To: Rande Is who wrote (10537)	8/6/1999 7:54:00 PM
From: Spark	Respond to of 57584

Rande, Looks like BOP with all the patents it's holding worldwide has some wild ride ahead...will resume trading on Monday (I hope..gggg) VANCOUVER, Aug. 6 /CNW/ - Border Capital Corp. (ASE:BOP) (''Border'') is pleased to report the signing of a settlement agreement with Dion Entertainment Corp. (TSE:DIO) (''Dion'') and other parties (collectively, the ''Dion Group'') which, when completed, will resolve all existing disputes between Border and the Dion Group. The resolution involves reorganization of the ownership and marketing of certain U.S. and International patents entitled ''Methods and Apparatus for Playing Bingo over a Wide Geographic Area'' (the ''Patents''), use of the trade mark ''Power Bingo(R)'' (the ''Trademark''), and the operation of the St. Mary's gaming facility joint venture in New Brunswick. The settlement is based on prior completion of the previously announced acquisition of BingoNet, Inc. (the ''BingoNet Acquisition''). Border and the Dion Group have agreed that, upon completion of the BingoNet Acquisition by Border, the ownership of the Patents and Trademark will be reorganized whereby Border will acquire sole ownership. Upon acquiring sole ownership of the Patents and Trademark, Border and the Dion Group will each pursue complimentary worldwide marketing plans with respect to televised interactive bingo and other pattern recognition games. In particular, Border will grant the Dion Group a master license, permitting it to grant sub-licenses in respect of the Patents and Trademark on an unrestricted basis, subject to payment to Border of a royalty based on a standard industry percentage of net gaming revenues. The master license will be exclusive in Canada and the U.S. for a period of 12 months to enable the Dion Group to establish games in conjunction with its recent formation of Larson Dion Productions LLC with acclaimed Hollywood producer Glen Larson. As a result of certain existing marketing plans, Mexico and Dominican Republic are also protected territories for the benefit of the Dion Group. Dion will also be licensed to establish and operate its own Internet game site(s) using the Patents. The master license will be subject to guaranteed minimum annual royalty payments of $200,000 U.S., commencing on the second anniversary of the completion of the BingoNet Acquisition, increasing to $500,000 U.S. on the fifth anniversary. Completion of the transactions contemplated by the settlement agreement is subject to completion by Border of the BingoNet Acquisition, settlement of the terms of the master license prior to August 15th, 1999, and regulatory approval. Border and Dion have also agreed to continue their joint venture to operate the St. Mary's gaming facility under the terms of their original joint venture agreement and to form a new joint venture management committee with one representative from each party. In a related matter, Border is pleased to announce reaching an agreement with the vendor of BingoNet, Inc. to extend the completion date for the BingoNet Acquisition from July 30th, 1999 to September 30th, 1999, subject to payment of $150,000 U.S. paid July 30, 1999 and two additional payments of $150,000 U.S. each prior to completion. Financing for the $6.5 Million U.S. acquisition price which Border is in the process of arranging will require regulatory approval. Trading in the common shares of Border Capital Corp. was halted on April 26th, 1999, at the request of the company. Resumption of trading was postponed in part to achieve the settlement with the Dion Group. Border expects trading of its common shares to resume on Monday, August 9th, 1999 based on regulatory approval of its Filing Statement dated July 30th, 1999. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. -30- For further information: Mr. Michael Holley, Director (604) 730-6910