| To: ezmoney who wrote (34501) | 12/29/1999 8:09:00 PM | | From: John F. Poteraske | | | |
PNET I mentioned in a earlier post-has a
interesting product related to internet
web sites. Will take a look at ACCR. OT-
Take a look at DGIX-Im guessing with retail
sales looking good hopefully will translate
into better numbers for dgix-make pewter etc
merchandise has some nice licenses with prof.
sports teams, nascar. Insider holds a nice
chunk of stock also. |
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| To: TokyoMex who wrote () | 12/30/1999 9:49:00 AM | | From: Dr. Microcap | | | |
Players Network Engages Accounting and Legal Firm for Form 10 Filing
LAS VEGAS, Dec. 30 /PRNewswire/ -- Players Network (OTC Bulletin Board: PNTV) today announced that they have engaged the law firm of McDermott Will & Emery and the accounting firm of Friedman Alpren & Green to prepare and assist in the legal and accounting requirements for the Company's planned Form 10 filing with the Securities and Exchange Commission. The Company anticipates filing the Form 10 with the SEC in February to become a fully reporting company and satisfy the requirements for continued listing on the NASD OTC Bulletin Board.
McDermott Will & Emery, with eight U.S. offices and additional overseas offices, is one of the largest law firms in the country in terms of representation of publicly-traded corporations. Friedman Alpren & Green LLP, based in midtown Manhattan, was ranked 64th in Public Accounting Reports "Americas 100 Largest Public Accounting Firms." Friedman Alpren & Green is in the process of preparing an audit of Players Network's 1998 and 1999 financial results for the Form 10 filing.
Players Network is the first and only digital 24-hour gaming and entertainment network which specializes in producing customized television programming to serve the rapidly growing gaming industry. Players Network delivers its 24-hour television channel directly into hotel and casino guestrooms. The Company's format is designed to educate new players and promote casino games and activities. With 180 million people per year visiting U.S. casinos, the industry is now the largest form of participant entertainment in the world. Programming includes shows on basic gaming instruction, news, sports and racing, entertainment and tournaments. Players Network has launched a gaming and entertainment Internet portal which will incorporate Players Network programming and information worldwide on the Internet.
Visit Players Network's Web Site: playersnetwork.com
Included in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct.
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SOURCE: Players Network
CONTACT: Mark Bradley of Players Network, 702-895-8884; or Alan Woinski of Casino Journal Publishing Group, 201-599-8484 |
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| To: Dr. Microcap who wrote (34504) | 12/30/1999 6:25:00 PM | | From: hoffy | | | |
CDIK up 27% 0n 9X normal volume.
All the volume came in the afternoon.
Company developing new treatment for Glaucoma.
May see news soon. |
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| To: TokyoMex who wrote () | 1/5/2000 4:43:00 PM | | From: Dr. Microcap | | | |
Online Gaming Systems - OGAM - Announces European Licensing Agreement
Preliminary Up-Front Fees Total $400,000
BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 5, 2000--Online Gaming Systems, Ltd. (OTCBB: OGAM) announced today its first European licensing agreement delivered through its distribution alliance with John Huxley Casino Equipment Company based in England. The license agreements include the Company's Internet gaming product lines, including both gaming and wagering products. Terms of the agreement call for preliminary, up-front licensing fees of more than $400,000 plus incremental recurring revenue streams and maintenance fees for the duration of the agreement. Further details regarding the licensee will be released at a later date under the terms of the agreement.
Online Gaming President and CEO Richard Iamunno stated, "We are very pleased that our joint efforts with John Huxley have produced such a significant licensing agreement in such a short period of time. We continue to be enthusiastic about our arrangement and believe that our complimentary strengths will generate value for our shareholders as our full array of new and existing products continue to penetrate the global marketplace. We will continue with Huxley's significant gaming experience to build our recurring revenue base which, as we've stated in the past, is a primary goal for our company".
John Huxley Chairman, Jeffery Lindsey stated, "We are pleased to announce these licenses as a product of our hard work with Online Gaming Systems. Our company's resources continue to be focused on this project, an endeavor that we believe is in its infancy. Over time we believe market penetration is achievable worldwide, adding significant incremental value to both companies."
Online Gaming Systems, Ltd. (www.ogsltd.com) develops and markets Internet and private network transaction based products that it only offers to licensed gaming operators in regulated jurisdictions. These products include: Internet Casino Extension(TM) (ICE(TM)), a growing suite of casino games; webSports(TM), a sports wagering system; Lotto Magic(TM) a lottery system for private, government and fund raising purposes; and Bingo Blast(TM) a multi-player system for charity and private organization use. The company also offers wireless and portable gaming devices through its Las Vegas based Excel Design, Inc., a wholly owned subsidiary and Anchor Gaming (SLOT) its exclusive North American distributor.
This press release contains potential forward-looking statements regarding the Company. The future performance of the Company involves risks and uncertainties that could cause actual results to differ materially. Such risks include competition and pricing pressures, dependence on telecommunications carriers, management of growth, customer turnover, technological change, governmental regulation, unauthorized use of technology, system failures and a variety of stock market-related risks. For a more complete description of certain such risks and uncertainties, we refer you to the documents that the Company files from time to time with the Securities and Exchange Commission including 10K filed May 7, 1999 and form 10Q filed November 18,1999.
For Investor Relations please contact: Integrated Corporate Relations / Tom Ryan, 203/222-9013 Ira W. Miller or Larry Fortune / 949/833-9001
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Contact:
Online Gaming Systems, Ltd., Boca Raton
Richard Iamunno, President & CEO
Phone 561/393-6685
Fax 561/393-1485 |
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| To: TokyoMex who wrote () | 1/10/2000 2:22:00 PM | | From: Dr. Microcap | | | |
Europa Cruises Corporation Announces Sale of M/V Europa Sun
MADEIRA BEACH, Fla., Jan. 10 /PRNewswire/ -- Europa Cruises Corporation (OTC Bulletin Board: KRUZ) announced today that on December 30, 1999, it entered into an Agreement for the Purchase and Sale of a Vessel and Business Assets for a total purchase price of Four Million, Six Hundred and Fifty Thousand Dollars ($4,650,000). The Company agreed to sell the M/V Europa Sun, certain equipment, and any transferable lease rights it had to its Miami Beach, Florida port to Stardancer Casino, Inc. The purchase price includes the payment by the Purchaser over time of approximately $1,800,000 to Debis Financial Services, Inc., which holds a first mortgage on the Europa Sun. The payment to Debis will be secured with a $1,800,000 Letter of Credit. The remaining $2,850,000 is payable in three installments over the next sixty days of approximately $950,000 each. The Company is in receipt of a nonrefundable $950,000 deposit. The Company will retain title to the Vessel as security until the fall purchase price in the amount of $4,650,000 has been paid. The Company intends to use the proceeds of the sale to pay down a significant portion of the Company's debt.
Deborah A. Vitale, President of Europa Cruises Corporation, commenting on the sale stated: "The proceeds of this sale, coupled with the recent sale of the Stardancer in December, will place the Company on more firm financial footing and should allay any concerns as to the financial demise of the Company. The two sales are important steps in realizing our goal of becoming an essentially debt-free, asset rich entity and represent a strong strategic move for the Company. The direction of the Company is shifting to Mississippi where our greatest prospects for maximizing shareholder value rest."
Europa Cruises Corporation owns, operates and/or leases gambling ships. Until the sale of the Sun, the Company owned three vessels, including the Sun, which it chartered to Stardancer Casino, Inc. The Company now owns two vessels. The Company operates one of its vessels, the M/V Europa Sky, out of Madeira Beach, Florida. The Company offers day and evening gambling cruises which include Las Vegas style gaming, including blackjack, slot machines, craps, and roulette in addition to dining, dancing and entertainment.
The Company, through its wholly owned subsidiary, Casino World, Inc., intends to build a destination casino resort and hotel at its 404 acre site on the Bay of St. Louis in Diamondhead, Mississippi. The site, which is located immediately off Interstate 10, is adjacent to a site on which Mandalay Resort Group, previously known as Circus Circus Enterprises, Inc., also intends to develop a destination casino resort and hotel.
The business of the Company is subject to risks and uncertainties. The development of the Diamondhead, Mississippi project is also subject to risks and uncertainties which include those relating to permitting, financing, the activities of environmental groups, the outcome of litigation and the actions of federal, state, or local governments and agencies.
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SOURCE: Europa Cruises Corporation
CONTACT: John R. Duber, Director and Director of Investor Relations of Europa Cruises Corporation, 440-331-0194 |
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| To: TokyoMex who wrote () | 1/11/2000 9:54:00 AM | | From: Dr. Microcap | | | |
Tuesday January 11, 9:05 am Eastern Time
Company Press Release
SOURCE: Networks North Inc.
Networks North Inc. Announces an Advertising and Sponsorship Agreement With The GM Card(R)
NASDAQ:NETN
TORONTO, Jan. 11 /CNW-PRN/ - Networks North Inc. (NASDAQ: NETN - news) announced today that its subsidiary NTN Interactive Network Inc. (NTNIN) has entered into a three (3) year advertising/sponsorship agreement with The GM Card© through its agency.
NTNIN has launched an aggressive sponsorship and advertising campaign promoting ``The GM Card©' on the NTN Network broadcast to over 530 subscribing pubs and restaurants across Canada. NTNIN's unique advertising medium offers The GM Card© access to an untapped - captive audience of more than 3 million viewers per month.
The GM Card© is the title sponsor of one of NTNIN's most successful programs - The GM Card Match & Win Game which challenges the player to match the score posted at the start of every GM Card Game instead of achieving the highest score. The 1/2 hour interactive program will begin airing in February 2000 and can be played Monday, Tuesday and Wednesday nights only on the NTN Network. Substantial prizes will be awarded to players who match as well as a superior grand prize.
``We are delighted that this agreement is such a great fit for both NTNIN and GM..it gives NTNIN a chance to increase revenues through a whole new channel' says Dave Redgers, President of NTNIN. The GM Card© applications are now available at each participating NTNIN subscribing location across the country. With The GM Card© as the official credit card of the network, NTNIN will gain revenue from each valid application returned to General Motors.
NTNIN's audience is young, well educated, and affluent. Eighty percent of players fall into the attractive 18-49 age category, eighty percent are college educated and the average household income is over $50,000. Current advertisers including Pennzoil, Headline Sports, Pro-Line, Lotto 6/49 and The Canadian Football League to name a few, have found this highly desirable combination irresistible.
The NTN Network is the world's leading network of live, interactive entertainment available in pubs and restaurants across North America. Last month, 3.1 million Canadians coast to coast watched and played big-name sports, games and live event programs. NTN Interactive Network Inc. (NTNIN) is the exclusive Canadian licensee of NTN Communications, Inc. (AMEX:NTN - news) a leading producer and programmer of interactive television, on-line and Internet entertainment.
Networks North Inc.'s other operating units include wholly owned Magic Lantern Communications Ltd., Interlynx Multimedia Inc. and GalaVu Entertainment Network Inc. Magic Lantern is Canada's premier distributor of educational media resources, with exclusive rights to over 14,000 titles in English and French. Magic subsidiaries provide MPEG encoding, DVD authoring, video duplication, and fulfillment services for broadcasters. Interlynx Multimedia Inc. is a developer of web-based interactive software in the areas of training, knowledge management and e-business. GalaVu Entertainment Network Inc. is a technology-based entertainment provider of interactive in-room entertainment systems for over 200 hotels in Canada.
SOURCE: Networks North Inc.
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More Quotes and News: Networks North Inc (NasdaqSC:NETN - news)
Related News Categories: computers, internet, telecom
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