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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?

To: M Murphey who wrote (726)	8/12/1998 7:38:00 AM
From: Mr. Miller	Read Replies (2) \| Respond to of 6545

Anyone catch this press? There is still the question of how people will get their money back, but one main reason I posted this is to show that VGTI is trading at $9, having 7+ million shares outstanding and a 52-week hi of $11. I guess they have some kind of revenues stream, but it can't be much at this point. This could be a barometer of share price to come. Follow its chart history(http://www.tscn.com/wsc/Corporate_Snapshot.html) and we could be where they were about 5 months ago before their volatile spiking began. biz.yahoo.com Tuesday August 4, 8:08 am Eastern Time Company Press Release Virtual Gaming Technologies Inc. Receives Accreditation From Barclay's For Credit Card Processing SAN DIEGO--(BUSINESS WIRE)--Aug. 4, 1998--Virtual Gaming Technologies Inc. (OTC/BB:VGTI - news) Tuesday announced that it has received accreditation from Barclay's bank in England for gaming transactions and other Internet commerce. The company anticipates a launch date of processing credit cards through the Barclay's system within the next 30 days. Virtual Gaming will be able to accept VISA and MasterCard transactions for its worldwide gaming customers over a secure platform over the Internet. According to Joseph Paravia, president and chief executive officer of the company, ''This is another factor that separates our company as a leader in the Internet gaming industry. Few companies have yet taken the care and effort to meet the stringent requirements necessary to meet Barclay's, Visa and MasterCard's criteria for processing gaming transactions over the Internet. Our customers and our investors can have confidence in our relationship with Barclay's, one of the largest banks in the world.'' For further information, contact Bruce Merati, chief financial officer, at 619/259-5015 or Investor Relations at VGTI@virtgame.com. Virtual Gaming Technologies (Antigua) Ltd. (a wholly owned subsidiary of the company) conducts online gaming, over the Internet, exclusively targeting non-U.S. residents. Its online Virtual Casino at: virtcasino.com, has been accepting membership applications since November 1997. The company also offers an Internet based pari-mutuel sports betting service for non-U.S. residents at: virtsports.com. The company's corporate Web site is at: virtgame.com. This news release contains forms of forward-looking statements that are based on the company's beliefs as well as assumptions made by information currently available to the company. Such statements are subject to certain risks, uncertainties, and assumptions, which are identified in the company's Rule 15c2-11 Information Statement. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated or projected and the variations may be material. Contact: Virtual Gaming Technologies, San Diego Bruce Merati, 619/259-5015 VGTI@virtgame.com