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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: BigRedMan who wrote (5043)	7/24/1998 5:45:00 PM
From: Thomas George Warner	Read Replies (3) \| Respond to of 8879

BRM can you explain this, in light of your post? Isn't this the same IGC that is associated with GLOW? msnbc.com BUT MONTGOMERY COUNTY (Pa.) Judge Richard Hodgson rejected prosecutors' request that Michael Simone be taken into custody immediately, instead ordering the president and of Interactive Gaming and Communication Corp. (IGC) to turn himself in to the sheriff of Green County, Mo., on Nov. 21. Hodgson, who heard arguments in the case Oct. 10 and issued a written order Thursday granting Missouri's extradition request, also instructed Simone to give his passport to authorities and remain in Pennsylvania before his surrender. The 49-year-old Simone, who is expected to appeal the decision, faces up to five years in prison and a $5,000 fine if convicted. IGC also could be fined as much as $10,000. Simone has declined repeated requests for comment on his prosecution by Missouri Attorney General Jeremiah "Jay" Nixon, but an IGC attorney, Lawrence Elliot Hirsch, issued a statement in August calling the indictment "a political move to bolster (Nixon's) bid for re-election." QUESTION OF JURISDICTION Simone's attorneys argue that Missouri lacks jurisdiction to try him because all gambling transactions occur on the Caribbean island of Grenada - where the IGC subsidiaries Sports International sportsbook and Global Casino are legally licensed - and note that no Missouri residents have been identified as "victims" of IGC's operations. But Nixon argues that "Missouri law makes only narrow exceptions for the kind of gambling that is legal in our state (riverboats, lottery, parimutuel wagering)." The charge against Simone arises from an earlier lawsuit filed by Missouri against IGC. In May, a Missouri state circuit judge upheld the state's civil lawsuit and fined the company $66,000 for violating state consumer protection laws by misrepresenting to an undercover agent that it was legal to offer Internet wagering in Missouri and then accepting a bet. Included in the ruling was an order that IGC "reject and refuse" all future applications to open wagering accounts from Missouri residents. Simone was indicted on the felony charge of promoting gambling after two other undercover officers Nixon's office allegedly placed more than $100 in bets over the Internet in June. FBI ALSO TARGETED COMPANY IGC also has incurred the wrath of the U.S. Justice Department. In February, FBI agents swooped down on the firm's headquarters and seized documents and cash receipts. Numerous witnesses were subpoenaed to testify about the company's operations before a federal grand jury, but the proceedings were cancelled. The Justice Department and FBI have declined to comment on the raid. The company froze payments to winning customers after the FBI raid, leaving an unknown number of bettors anxiously watching the legal battle in the hope that a favorable outcome would allow them to collect their winnings. Simone's case also has drawn considerable attention in the fledgling Internet gambling industry, where many other companies also maintain U.S. offices designed to lend legitimacy to their operations and help them raise funds