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Gold/Mining/Energy : RANGESTAR TELECOMMUNICATIONS (V.RTL) -- Ignore unavailable to you. Want to Upgrade?

To: SG who wrote (95)	3/27/1998 8:53:00 AM
From: Michael Harb	Read Replies (1) \| Respond to of 255

Hello folks. I've been posting about WWWC on the USAG and now WWWC threads for about a year now. Current discussion about WWWC can be found here: techstocks.com It appears WWWC is going to use RTL as a vehicle for marketing and sublicensing their software internationally. As has been mentioned, US regulators have been giving a lot of the emerging casino/sportsbook operators a hard time. So I think WWWC is trying to project everything but the software developement offshore. Here is what WWWC had to say, in an investor letter I received yesterday: "As publicly announced, we have executed a Letter of Intent to license software distribution rights (and subsequent server site sales) to Rangestar Telecommunications, Ltd., a Canadian company trading on the Vancouver Stock Exchange (Symbol: RTL). We are working closely with Rangestar principals, their attorneys and their investment bankers to effect orderly preliminary liaison with regulators of the Exchange to ensure that our contemplated transaction comports with applicable rules and regulations." ---can you tell an attorney wrote that paragaraph? I feel this intended relationship, if it comes to fruition as expected, should be mutually beneficial. It reduces risk for WWWC and it will allow RTL shareholders to share in the success of WWWC's first-rate casino product. Seems like RTL's stock price doesn't even remotely value the inherent value of this deal. Does RTL operate any other lines of business? Do they have any other revenue streams, or are they a shell looking to make a deal? If anyone has any questions related to WWWC, I'd be happy to give them a shot either here or on the WWWC thread. Good luck to all RTL shareholders. mike