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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: gizmo&jack who wrote (1558)	6/2/1999 8:43:00 PM
From: Matt Brown	Respond to of 5041

Check out the GOCA news.. It looks as if GOCA might start releasing some more news more often...I think they need too! I am looking for some acquisition news on something and a new website, like Dan brought up... But for now, check out the excellent news. Look at the amazing growth..This is MONTH to MONTH, NOT QUARTER TO QUARTER!!! biz.yahoo.com GOCA.com reports $5,580,486 in Record E-commerce Revenues for May 1999 Increasing an average of 48% monthly since January 1999 NEW YORK--(BUSINESS WIRE)--June 2, 1999--Go Call Inc. (OTC BB:GOCA) (www.goca.com) announced that its E-commerce division, which processes transactions for GoCasino.com, showed wagering revenues of $5,580,486 for April 1999. Wagering revenues for GoCasino.com have increased to a total of $20,308,242 from January 1999 to May 1999. Wagering revenues are the total amount of funds wagered by the casino players. The 1998 Casino & Gaming Business Market Research Handbook predicts that the Internet gaming market could reach $100-$200 billion in annual revenues by 2005. Several analysts believe the company is currently undervalued in light of the revenue growth shown since January 1999. Sterling Investment Services Inc. (www.sterlinginvestments.com), and Provest Capital (www.provestcap.com), independent research and investment management firms, have a buy recommendation on Go Call Inc. with a price target of $8 per share. Go Call Inc. is also featured in Cashcow Magazine Online (www.cashcowmag.com). Go Call Inc. is following the success of its competitors within the Internet Gaming Market which includes Cryptologic Inc. (TSE:CRY. - news), Starnet Communications International Inc. (OTC BB:SNMM), Atlantic International Entertainment Ltd. (OTC BB:AIEE) and Youbet.com Inc. (OTC BB:UBET). Go Call Inc. develops, markets and manages secure, progressive and profitable ventures springing from the Internet entertainment and e-commerce revolution. The statements in this news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended and are subject to the safe harbor created by these sections. Actual results could differ materially from those described herein as a result of certain factors and circumstances. -------------------------------------------------------------------------------- Contact: Go Call Inc. Ian Smith, 800/448-2296 ir@goca.com www.goca.com

To: gizmo&jack who wrote (1558)	6/2/1999 8:54:00 PM
From: Matt Brown	Read Replies (1) \| Respond to of 5041

Gizmo, Did you know that Canada isn't even going to fool with.... trying to regulate online gambling. Apparently they see it as impossible. If "land" gambling is legal, then why can't "online" gambling be legal. Maybe the US will see it through the eyes of Canada and just drop it. People, keep in mind that GOCA is not based in USA, it is based in Canada and operates the Casino from the Dominican for tax and legal purposes. Very wise. From an email from Henry Zimmer-- "Recently, the Canadian government decided not to make any attempt to regulate internet commerce and this is a big plus for GOCA." People need to keep in mind this Kyle Bill doesn't affect GOCA at all! If anything, it helps. FM

To: gizmo&jack who wrote (1558)	6/2/1999 8:57:00 PM
From: Matt Brown	Respond to of 5041

Notes from the Meeting with GOCA BOD Advisor, Mark G. This was from May 2nd, 1999.... Ryan Hay, recently went and visited GOCA HQ in Canada. He lived right down the street from them and was able to get a feel for our investment in the company. Here are his notes from the meeting-- Okay the office is in the back of one of three Go Intenet Cafes. He first showed me around the offices and told me there were 5 programmers, 2 research guys, and a couple of contact designers and programmers. There was approx. 25 employees in this office. I saw about 15 people and I saw a person at every desk. WE went up to his office and it was okay not real expensive maybe a little cheap I would say (Kind of like Jeff Bezo's office...modest). He is cool though--a young guy with his MBA, a cool dresser, and around nice guy, and took the time for me. So I asked him about the cafe's. He said that the cafe's are not really where the company is going and not a major source for revenue. The phone cards are something that I said probably would more to get the name out rather than a money maker and he agreed. 75% of all revenue are done by the casino. As you might know there are opening two more casino's within the next month or two. You asked if they are the expecting continued growth like the 700%. Well, he said we are expecting to match or beat rev. in the 1st quarter of this year compared all of last years revenue. I said that is nice and he got a big smile on his face. ISP is not their main focus. Casinos are the way to go. Also they are setting up to sell licenses of thier software just like CRY.TO and starnet SNMM--100k for a licensee and the % of net profits. I don't know what their casino looks like yet. Casino is where the focus will continue to be .. Profits will be in the next quarter he believes. (of course he can't go into details) Share structure is now 19 mil and 5 MIL in the O/S and float respectively. Mark also said that he believes that great revenues will come from the bannerad.com subsidirary, which they have not fully began exploiting yet. They also have Go Foreever page. This sounds like free paging for everybody. Have to look at this in more detail. Their quarter ends March 31st Year end Dec 31 Mark said they are planning to soon be at 70 employees (which means adding around 45 new employees to handle the growth) and will have to move locations, probably to Waterloo. ---- These were the highlights and major points from Ryan's interview/meeting with Mark. I hope this helps us all with a better understanding of why I see GOCA as a highly undervalued stock. Please offer any comments, suggestions, and questions! FM