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


To: Laura E. who wrote (75241)12/22/2000 9:36:13 AM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
GO CMRC GO.....LOLLLLLLLLLLLLLLLLLL!!!



To: Laura E. who wrote (75241)12/22/2000 9:51:18 AM
From: StocksDATsoar  Respond to of 150070
 
I'M LOADING UP ON PWIN UP TO 15c......READ THE NEWS AND NOT A BUY RECO..

Applies to -- PWIN

PlayandWin Inc. Engages Simmonds Capital Limited

PlayandWin Inc. Engages Simmonds Capital Limited

LAS VEGAS, Dec 21, 2000 (BUSINESS WIRE) -- PlayandWin Inc. (OTCBB:PWIN)
announced today that it has engaged Simmonds Capital Limited (TSE:SMM) for
financial advisory services, to source acquisitions for PWIN, enhance current
management and board, and to facilitate up to US$5 million in financing.
Simmonds Capital will advise and assist PWIN on its current business planing and
funding strategy. For its services, Simmonds Capital will earn common shares and
warrants as various performance-base milestones are achieved.

Simmonds Capital Limited is a merchant banking company with an active role in
certain strategic investments. The company's current investments include
interactive gaming technology focused on the North American horse racing market
and wireless communications.

Stewart Garner, president, PlayandWin Inc., states, "The addition of the
Simmonds team will strengthen our platform for growth via acquisitions and
strategic partnerships. Our recent trip to Arizona was an overwhelming success
in presenting Racingo(R) to many racetracks and jurisdictions we had yet to
visit. We are extremely enthused about our immediate and long term goals and
ambition."

PlayandWin Inc. holds the exclusive license to the Racingo(R) concept for the
Internet as well as North American on-track and off-track versions of
Racingo(R). PlayandWin Inc. retains the right of first refusal to introduce the
Racingo(R) concept internationally and to other venues (i.e. cruise ship lines,
airlines, Native American gaming and bingo) from Racingo Investments Ltd.
PlayandWin Inc., through its 100% wholly owned subsidiary Lynx Gaming, is a
partner in Racingo Investments Ltd. For more information about PlayandWin,
please visit our Web site at www.playandwininc.com

Racingo(R) combines the ease of bingo and the excitement of horse racing with
lottery size jackpots. Racingo is a pari-mutuel, 'Bingo-type,' proprietary game
with the outcome based on a series of horse races, protected worldwide by
trademarks and patents. As in Bingo, Racingo(R) players bet to form a winning
pattern on a grid. In Racingo(R), the winning numbers are determined by the
outcome of the horse races.

This release includes projections of future results and "forward-looking
statements" as that term is defined in Sections 27A of the Securities Act of
1933 as amended (the "Securities Act"), and Section 21E of the Securities
Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are
included in this release, other than statements of historical fact, are
forward-looking statements. Although management believes that the expectations
reflected in these forward-looking statements are reasonable; it can give no
assurance that such expectations will prove to have been correct. Important
factors that could cause actual results to differ materially from the
expectations are disclosed in this release, including, without limitation, in
conjunction with those forward-looking statements contained in this release.

CONTACT: PlayandWin Inc.
Stewart Garner, 905/850-3940
or
Simmonds Capital Ltd.
John G. Simmonds, 905/833-3838

URL: businesswire.com
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Copyright (C) 2000 Business Wire. All rights reserved.

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KEYWORD: ARIZONA NEVADA
INDUSTRY KEYWORD: ELECTRONIC
GAMES/MULTIMEDIA
ENTERTAINMENT
GAMING
INTERNET
PRODUCT