| An SI Board Since February 2001 |
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GLMC |
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"Ginger… “IT”… and now we have JOKER?? GlobalMedia.com (NasdaqNM: GLMC) of Vancouver, British Columbia carries the distinction of being the lowest priced stock we have ever picked on Stockprowler.com, yet it has the potential of being, quite possibly, the next big thing. The buzz is building on the message boards that GlobalMedia has developed a milestone interactive wireless streaming video technology code named “JOKER” that will enable “play by play” wagering on sporting events. If the speculation proves to be true, this company could see one heck of a reversal of fortunes.
But is there a basis for this speculation… what evidence is out there that such a project even exists? Several things lend credence to the notion. First, Winston Barta, GlobalMedia’s vice-president for business development, was previously a vice president of marketing for Starnet Communications International, Inc., a publicly traded company also located in Vancouver, B.C. which develops and provides Internet gaming systems and operates its own offshore online gaming systems. Second, what is the extent of GlobalMedia’s relationship with Poker.com, “The Ultimate Gaming Portal”? Click on this link: store.poker.com and scroll down to the bottom of the page… it states “Part of the GlobalMedia Network”. Third, a RagingBull poster claiming to be a former senior software developer at GlobaMedia, has stated flatly that it (JOKER) was a real project when he was employed with the company, although he was not involved with the project. The poster claims the project reached the prototype stage and involved a range of devices including handhelds…
In 1999 alone, worldwide revenues for the gaming industry exceeded over one trillion dollars, of in which $800 million was spent through online gaming. This represents less than ten percent of total gaming revenues. Internet experts and venture capitalists predict that these online revenues will increase tenfold within the next three years. If, indeed, GlobalMedia has developed a new gaming technology, the world will beat a path to its door."
...reprinted from Stockprowler.com 2-11-2001
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