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


To: Thomas George Warner who wrote (5761)8/3/1998 10:02:00 AM
From: Gennaro  Read Replies (3) | Respond to of 8879
 
Concering Great Spirit Inc.

Not sure what the connection is between Glow and Great Spirit, but will ask Gary this question later, but what is clear from the press releases is that GSPI supposedly has a contract for management and other consultation arrangements. Glow has signed a contract for a software licencing fee. These are two very different items. Perhaps one explanation is that Glow does not want to be directly involved with the running of the internet gambling site. It seems a pretty good deal if Gary could sell his software to a number of sites, and collect 10% of the profits for very little effort. If memory serves me correctly didn't a company called Micro something make a bundle selling software. In any case, GSPI, is about the same as Glow, no sec filings yet, doesn't even have a phone number, but guess what, share price is up 35% today because a PRELIMINARY Agreement has been reached on July 30th. Hey BOb, I'm sure you can go dig up some dirt on these guys.

Its interesting Glow signs similar deals, and actually reports they have a signed deal, and the stock drops. GSPI tell us they might have a deal and their trading at 1.50.

Go FIGURE!!

Oh by the way, thanks Bob for your great DD. <<<<SARCASTIC

G



To: Thomas George Warner who wrote (5761)8/3/1998 10:23:00 AM
From: MMpro  Read Replies (1) | Respond to of 8879
 
T.G.W. you left out the best part of that GSPI press release...

look at the end and notice who the contact is.... GaryB!!!

Seems like they are raising money thru this other company ....


Great Spirit Announces Name Change
Business Wire - July 07, 1998 11:56
MINNEAPOLIS--(BUSINESS WIRE)--July 7, 1998--Great Spirit, Inc. (OTC BB:GSPI) announced today that its name and symbol change have been completed.

Great Spirit was acquired in March, 1998 by Fiber Crete Products, Inc., an Oklahoma corporation listed on the Bulletin Board, symbol FCET. The Company then filed an amendment to its articles of incorporation in Oklahoma to change its name to Great Spirit, Inc. The company currently has 13 million common shares outstanding.

Application was then made to the NASD to change its symbol to GSPI. The company has authorized common shares of 50 million and 20 million preferred shares.

Great Spirit is providing the financing for the construction of an Indian Casino named Golden Bears Casino on Highway 101 in Northern California. The casino is scheduled to open during July,1998. Under terms of its contract with Resighini Rancheria Tribe, Great Spirit's compensation will be thirty percent (30%) of the net operating income of the facility, which includes a 15,000 square foot casino, a convenience store and gas outlet.

In addition, Great Spirit has a contract to provide finance and management services to Internet Gaming Corp., a Dominica, West Indies company providing Internet gambling worldwide.

The Company is currently raising $4 million through a Regulation D Private Placement of Common Shares.

This press release contains forward-looking statements which are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve a number of risks and uncertainties, including timely development and market acceptance of certain products and services, successful integration of acquisitions, the ability to operate within the framework of available resources. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.

For further information, contact Great Spirit on its E-mail site: greatspiritinc@hotmail.com or FAX at (612) 370-1003.

CONTACT: Great Spirit, Minneapolis
Gary Borglund, 612/672-0834
E-mail: greatspiritinc@hotmail.com
Fax: 612/370-1003





To: Thomas George Warner who wrote (5761)8/3/1998 10:35:00 AM
From: jjbucci  Respond to of 8879
 
T.G.W.

Precisely my point....You post Innuendo....Please post the facts, you state that GLOW has said they have no relationship with IGC, (Internet Gaming Corporation), I don't ever remember reading this, When their press releases say that they do.
From the July 7 Press Release;
--------------------------
Internet Gaming Corporation (IGC), a private company with whom Global Games already has a licensing agreement in place in
Dominica, will participate in this government project and will provide tech support for the Virtual World Casino and Sports
Book. IGC will receive a portion of our licensing service fees for their tech support services. The Commonwealth of Dominica
and IGC will operate independent sites, but will work cooperatively to the mutual benefit of all parties.
---------------------------
Instead of Posting that Gary is as a Contact of both Great Spirit and GLOW. You post it as innuendo, why not just post the facts so everyone can check it out.

Actually, I believe this was covered early on (Maybe, not with the Great Spirit name though).

I believe what you are seeing is the original Global Games decided that it made sense to attack gambling in a number of ways, Using IGC to handle the Actual Gambling Management, Great Spirit for the Development and financing and GLOW for the software.

This seems rather intelligent to me. Insulates GLOW from the dangers of the financing, building and running of the gambling site. (See Internet Gaming and Communications and their indictment by the state of Missouri). This IMO removes much liability from the company.

BUT, why didn't you just state the facts ? It would have been much easier on all concerned rather than insinuating that some sinister plot is at hand ? The innuendo that something sinister is going on is what is causing the problem with the price of the stock. And you are responsible for a lot of the innuendo.

I hope you understand my point !!!!

Now having said this, It was good DD, but it should have been stated as fact and not innuendo.

jjbucci