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To: LPS5 who wrote (89)10/18/1999 10:11:00 PM
From: afrayem onigwecher  Read Replies (1) | Respond to of 924
 
SNMM - STARNET COMMS INTL INC Up 1.875 (+61.23%)

Exchange: OTC BB
Delay: at least 15 minutes
Last Price: 4.937 at 16:00 EDT
Change: Up 1.875 (+61.23%)
High: 5 1/8 at 11:39 EDT
Low: 3.312 at 9:30 EDT
Open: 3.312
Previous Close: 3.062 on 10/15
Volume: 2,342,100

Meldon Ellis, general counsel for Starnet, said, "Today's announcement is a clear turning point in our efforts to clear our name of the negative publicity generated by numerous unfounded accusations and unsubstantiated legal actions, and a reaffirmation of our strategic intent to remain an Internet pioneer with regard to global gaming. With this hurdle behind us, we can now continue to develop our core gaming business, offering sophisticated gaming products in an orderly, legal and consistent manner."

Looking ahead, Ellis further commented "We fully intend to continue pursuing our defamation suit against Las Vegas Casino Inc. and our appeal of the decision freezing two of our bank accounts in Vancouver. We have every confidence that our positions will be upheld in these matters."