DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS,AND CONTROL PERSONS
The names, ages, and respective positions of the
directors, officers, and significant employees of the
Company are set forth below. There are no other
persons which can be classified as a promoter or
controlling person of the Company.Thomas S. Hughes, President/Director.
Mr. Hughes, Age 52, has been President of the Company
since March 1997. From 1993 to the present, he has
also served as the President of Electronic
Transactions & Technologies, a privately held Nevada
corporation which developed terminals for wireless
home and internet applications.Jack M. Hall, Secretary/Director.
Mr. Hall, age 72, founded and is currently President
of Hall Developments, a real estate development
company he founded in 1991, which employs a staff of
10 people. Mr. Hall spends approximately 20 hours
per week searching out strategic alliances for the Company.
Diane Hewitt, Treasurer/Director.
Ms. Hewitt, age 51, has been an interior designer
since 1991. Currently she owns and manages her own
firm, D. Diane Hewitt Designs. This firm's expertise
is churches and employs a staff of five people. Ms.
Hewitt currently devotes approximately 25 hours per
week in working with the Company's image development
and consulting with the Company's advertising firm.
Anthony L. Hall, Vice President, Director of Technology.
Mr. Hall, age 34, has been Vice President and
Director of Technology of the Company since
inception. Mr. Hall has been the creative mind behind
the state of the art advancements made by the
company. Mr. Hall is responsible for all
technological decisions including but not limited to
telephone call center, web site design and in- house
software implementation and computer systems
engineering and support. Mr. Hall is a unique
individual within the technological community. A
technological savante who combines incomparable
knowledge of the computer world with the savvy of a
successful businessman. Mr. Hall learned his trade
over the last six years with such renowned
institutions as the Kraft Group (owners of
International Forest Products and the New England
Patriots), Fidelity Investments, Partners Health Care
and most recently as Managing Director of the firm he
founded, Isis Technology Group.Kevin J. Lewis, Vice President, Sports Book
Operations.Mr. Lewis, age 36, has been Vice President and Senior
Manager of Sports Book Operations of the Company
since it was founded. After a long and exhaustive
process, Mr. Lewis was selected from a select group
of candidates to lead the operations and sports
handicapping management of the company. He has 19
years experience as a sports book manager with
several of the largest and most profitable sports
books in the world. He has worked in Las Vegas, the
Domincan Republic, Antigua, Costa Rica and Canada
with such respected sports books as Tradewinds, Grand
Prix Sports Book and WWTS. Mr. Lewis is known as a
sage amongst his peers and is, with little doubt, the
best sports book and betting line manager in the industry.
Over the next few months, James Wexler, will phase
into the position as CEO of the Company. Presently,
Thomas S. Hughes is fulfilling that role. Hughes
will remain as the chairman of the Company once James
Wexler has taken the CEO position.
Mr. Wexler is a highly motivated professional with
almost six years experience in the investment banking
industry primarily with the firms of Morgan Stanley
Dean Witter and Bear Stearns & Co., Inc. In addition,
Mr. Wexler has more than twelve years experience in
the gambling and sports handicapping fields and is
considered a knowledgeable expert within the
industry. For many years, he has served as a
consultant to off shore sports books, handicappers
and sports bettors. Mr. Wexler's visionary leadership
creates the ideal union between fundamental business
theory, state of the art technology and the necessary
knowledge of sports gambling.SECURITY OWNERSHIP OF CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth, as of August 13,
1999, the outstanding Shares of common stock of the
Company owned of record or beneficially by each
person who owned of record, or was known by the
Company to own beneficially, more than 5% of the
Company's Common Stock, and the name and share
holdings of each officer and director and all
officers and directors as a group (out of a total
issued and outstanding shares of 60,523,775 as of that date):Title of Class
Name and Address of Beneficial Owner (1)Amount and Nature of Beneficial
Owner (2)Percent of ClassCommonStockThomas S, Hughes31310 Eaglehaven Circle
Rancho Palos Verdes, California 902754,450,000 7.35%CommonStockElectronic
Transactions& Technologies2500 Via Cabrillo Marina, Suite 112San Pedro,
California 907315,400,000 8.92%CommonStockRogel Technologies
3399 East 19th StreetSignal Hill, California 908045,000,000 8.26%Common
StockCede & Co.P.O. Box 222Bowling Green StationNew York, New York 10274
15,609,149 25.79%(1) Other than the Shares owned by Mr. Hughes
directly and indirectly through Electronic
Transactions & Technologies, none of the other
officers or directors of the Company own any of the Shares.
(2) Neither Mr. Clinton nor Mr. Hughes have the right
to acquire any amount of the Shares within sixty days
from options, warrants, rights, conversion privilege, or similar obligations. |
