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Non-Tech
Sungold International Holdings Corp. (SHIHF)
An SI Board Since February 2001
Posts SubjectMarks Bans Symbol
20 2 0 SGGNF
Emcee:  Troy Griffin Type:  Unmoderated
HORSEPOWER™ GAME

Sungold has negotiated the North American and International internet rights, title and interest in the Horsepower™ animated, equal chance, wagering based, virtual, horseracing system. The Horsepower Game ("Horsepower™") will be marketed on the internet and to licensed operators by Horsepower Network.Com Inc., a subsidiary company 100% owned and controlled by Sungold. Horsepower™ is an exciting animated horseracing game which is viewed on a video monitor. Players can win small prizes or multimillion-dollar jackpots from a $2 wager.

Worldwide Internet gaming revenues are projected to grow from $1.2 billion USD in 1999 to $3.0 billion USD in 2002* (*Bear Stearns, January 2000). Worldwide Internet advertising revenues are projected to grow to $33 billion USD by 2005** (**Forrester Research 1999).The agreement with New Gaming Generation Pty. Ltd. ("New Gaming") of Victoria, Australia, gives Sungold the exclusive perpetual right and license to market the game, sub license the game, sell commercial sponsorships, advertising and other promotional materials in connection with the use of the technology. This includes the rights to all intellectual property including copyrights, patents and trademarks.

Sungold, as part of this agreement, will pay New Gaming a 15% interest in the net revenues of the of Horsepower™ Game, as well as 250,000 common shares of Sungold once $500,000 in net revenues is generated from Horsepower™.

Currently Sungold is assisting its wholly owned subsidiary Horsepower Network.Com Inc. in preparing Horsepower™ for the world wide internet initially as a fantasy wagering game and later in 2000, for legal wagering (wherever internet wagering is legal) and introduction at selected racetracks (initially in North America).

A system upgrade is currently underway to convert Horsepower™ for both internet and racetrack applications. Sungold is assisting Horsepower™ by providing technical support in updating graphics, translation services, security back up and wagering systems to be compatible with the new proposed applications.

The horsepowernetwork.com internet web site will be prepared for an initial release of the game for fantasy wagering purposes only. Emphasis will be placed on consumer education, brand recognition, site identity and corporate advertising. Frequency of hits and site stickiness will be priorities in site design.
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ReplyMessage PreviewFromRecsPosted
20HBN REPORT REPORTS RAPID HORSEPOWER2 GROWTH ON FIVE CONTINENTS Vancouver,Troy Griffin-4/29/2002
19Sungold paid out a new record pick 3 of $40630.00 US. ALSO SEE NEWS RELEASE BELOTroy Griffin-4/15/2002
18SUNGOLD ENTERTAINMENT CORP. ANNOUNCES A EUROPEAN FIRST www.horsepower2.com <hTroy Griffin-3/26/2002
17JOEL LAYKIN - LAYKIN COMMUNICATIONS TO LEAD HP2 LAUNCH IN ASIA Vancouver, BC : Troy Griffin-12/18/2001
16Horsepower2 wins the International Internet Gaming Innovator Award for 2001 VancTroy Griffin-12/5/2001
15SUNGOLD positions Horsepower2 for the world stage - appoints 2 industry leadersTroy Griffin-10/25/2001
14$7,717 US - Largest HP2 Pick 3 pay out to date HP2 paid out a record $7,717 inTroy Griffin-7/19/2001
13THIS IS WHAT WE HAVE WAITED ALMOST TOW YEARS FOR CONGRADULATIONS EVERYONE!!!!!!Troy Griffin-6/19/2001
12SUNGOLD ANNOUNCES HORSEPOWER™2 USD TO GO LIVE THIS WEEKEND WITH A $1,000,000 JACTroy Griffin-6/7/2001
11The following is a recent interview between Mondial Investors Services Inc. andTroy Griffin-5/23/2001
10Sure does not seem to any hurry to build in some some speculation value/volume, Frank-5/22/2001
9SUNGOLD NEWS RELEASE May 4th, 2001 Vancouver, British Columbia [BusinessTroy Griffin-5/4/2001
8SUNGOLD BOARD APPROVES STOCK BUY-BACK PROGRAM Vancouver, British Columbia [BusTroy Griffin-4/25/2001
7Sungold Entertainment Corp. - Horsepower Authorized As A Firecash Merchant VANTroy Griffin-4/18/2001
6HORSEPOWER™ 2 PREPARES FOR $USD WAGERING IN APRIL Vancouver, British ColumbiaTroy Griffin-3/28/2001
5HORSEPOWER™ 2.0 ON TARGET FOR PLAY ON APRIL 2, 2001 Vancouver, British ColumbiTroy Griffin-3/22/2001
4SUNGOLD ONLINE AUDIO INTERVIEW With President & Chief Executive Officer KimTroy Griffin-3/10/2001
3HORSEPOWER 2.0 TO BE PREVIEWED AT SUNGOLD AGM Vancouver, British Columbia [BusinTroy Griffin-2/22/2001
2SGGNF Stock Data Symbol: OTCBB: SGGNF Shares Issued 24,434,743 Recent Price: Troy Griffin-2/22/2001
1SUNGOLD ANNOUNCES APPOINTMENT OF NEW DIRECTORS Vancouver, British Columbia [BusiTroy Griffin-2/1/2001
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