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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?

To: hammer who wrote (1345)	12/16/1998 9:42:00 AM
From: hammer	Read Replies (2) \| Respond to of 2585

More news is out! (COMTEX) B: GGNC ANNOUNCES GRAND OPENING OF CHINESE VERSION B: GGNC ANNOUNCES GRAND OPENING OF CHINESE VERSION Of Cyberbetz Online Casino and Sports Book Friday, December 18th, 1998 at 8:08 p.m. Pacific Standard Time LAS VEGAS, Dec. 16 /PRNewswire/ -- GIC Global Intertainment Corporation, (OTC Bulletin Board: GGNC) a high technology Internet, entertainment and marketing company that markets an on-line sports book and casino at www.cyberbetz.com, announced the grand opening of its Chinese version of the Cyberbetz on-line sports book and casino has been set for December 18th, 1998 at 8:08 p.m. James Chu, president and CEO stated, "Our Company will commence an aggressive marketing campaign throughout Asia starting December 28th 1998. We have already set up an infrastructure of Cyberbetz representatives in Beijing, Shanghai, Guanghou, Hong Kong, Taiwan, Korea, Japan and Australia to help increase the awareness and client base of the Cyberbetz Sports Book and casino. We will be setting up a number of elite gambling clubs throughout Asia. These clubs will target 'high roller gamblers' in the Asian market. Each representative feels that a target of 500 members per city is very achievable. This will help to spread the word about Cyberbetz on more of an international scale and will also create added value for our existing and future shareholder base." The population in Asia, including China, has now surpassed 3.6 billion. By the year 2010, the Asian population is expected to surpass 4.23 billion. With the explosive growth of the Internet, in conjunction with international business, the largest growth area coming on-line between 2000 and 2002 is expected to come from the Asian market. GGNC will be positioned for this exponential growth. For further information and a detailed company profile see Wall Street Research Group's listing at wallstreetresearch.net or call 1-800-943-2298. The statements in this press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual results may differ materially from GIC's expectations. SOURCE GIC Global Intertainment Corporation -0- 12/16/98 /CONTACT: Chris Sargent of GIC Global Intertainment Corporation, 1-877-GIC-WINS, or Ir@ggncwins.com/ /Web site: www.ggncwins.com/ (GGNC) CO: GIC Global Intertainment Corporation ST: Nevada IN: CNO MLM SU: PDT * end of story *

To: hammer who wrote (1345)	12/16/1998 11:17:00 AM
From: Mac S. Giballa	Read Replies (2) \| Respond to of 2585

Hammer, honestly, you do seem to be pretty sharp, but, do you honestly believe that a private company with $100 million and growing rapidly would sell to GGNC? If they went public instead, they would probably have a market value of conservatively over $500 million. It should be clear that there is something in this equation that doesn't fit. I am fairly sure that you see that, and even Chucky, Zbyte and the Zoid probably see it. I only push this issue because it is the classic type of scam announcement (IMO) that these companies make. No identification of the name, and so on, only big, big money to come. Finally, Hammer, please, do you really believe that GGNC is going to go from $1 million to $500 million in revenues in one year? And since you probably recognize thats its not possible, then how credible is GGNC for making this forecast in a PR? My opinion