(( After 2 days of NO-posts ~ call 502~574~2111 )) >
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G/M Dallas ... UP (or) DN today ... ?
Don't you take that lil' munchkin away ... He works hard ...!!
PRVH P/R ... !!
Press ReleaseSource: Providential Holdings, Inc.
Providential Subsidiary ATC Technology Corp. Receives Orders from Sam's Club
Monday February 24, 7:04 am ET
ATC anticipates imminent orders from other major US and European retailers to post strong sales for fiscal 2003
FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Feb. 24, 2003-- Providential Holdings, Inc. (OTCBB:PRVH - News; www.phiglobal.com) today announced that ATC Technology Corp (www.atctech.com) had recently received purchase orders for 1,000 units of its award-winning Vidego(TM), a mobile wireless DVD player car theater system, from Trade Services Solution, S.A. de C.V., for distribution to Wal-Mart Stores' (NYSE:WMT - News) Sam's Club, Mexico (www.walmartmexico.com.mx).
Keith Wong, President and CEO of ATC Technology Corp., commented: "We are pleased to have received these orders from Trade Services Solution for Sam's Club in Mexico. This will be our entry into an important market outside of the US and it has proven that ATC's products are indeed desirable worldwide. At the MSRP (manufacturer suggested retail price) of $599.99, our portable units provide crystal-clear pictures and are hundreds of dollars less than the dealer-installed systems."
Wong added: "It's noteworthy that the response to ATC's products was overwhelming from the Hong Kong Toy Fair and Las Vegas CES Show last month. Buyers from the United States, United Kingdom, Netherlands, Italy, France, Germany, China and Poland were drawn to ATC's products. The foreign buyers represented the famous companies in their countries, such as Karstadt (Germany), Boots (UK), Jumbo (Greece), TEG (Spain), Toys R US (Australia) and FUN (Belgium). We have begun to see some concrete results from these responses and expect to receive more sizable orders in the near future."
Ya beat me, rager ... g/m ...!
Big Happy B-Day, Bull ... !!
WTAI Responds .. !!
World Transport Authority Responds
World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com
El Cajon, California, February 24, 2003 - World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) learned that a lawsuit was filed against Douglas Norman by the Securities and Exchange Commission. Legal counsel is investigating these allegations and is taking appropriate action to protect the rights of both Mr. Norman and the Company's forward momentum in the interest of the shareholders.
Mr. Norman is a founder of WTAI, which developed the WorldStar utility vehicle and Micro-Manufacturing process. Mr. Norman played a vital role in the research and development conducted by the Company and continues to work diligently as the Company progresses. While not an employee of the Company, he continues to provide international sales services for WTAI. The Company has not yet verified the facts of the lawsuit but is now researching the matter.
"The people associated with WTAI and the WorldStar project are firmly committed to its long term success and have expressed their continued support in light of recent events," commented Mr. Wardrop, President of WTAI.
"The Company has overcome obstacles in the past and is now completing discussions and contractual provisions to expand operations in the Philippines. We will continue to complete other transactions currently in the planning stages now. The success of any business is not based on blind luck or being in the right place at the right time, but rather on perserverance and keeping focus until the goal is reached.
"World Transport Authority, Inc. continues normal business operations and is encouraged about the forward motion in a number of areas," continued Mr. Wardrop. A recent WTAI press release announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology.
It is the mission of WTAI to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique WorldStar Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.
This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.
For further information, please contact:
World Transport Authority, Inc.
Lyle Wardrop Email: lyle@wtaiworldstar.com
(619) 593-2440
(619) 593-2444 Fax
WTAI Responds .. !!
World Transport Authority Responds
World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com
El Cajon, California, February 24, 2003 - World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) learned that a lawsuit was filed against Douglas Norman by the Securities and Exchange Commission. Legal counsel is investigating these allegations and is taking appropriate action to protect the rights of both Mr. Norman and the Company's forward momentum in the interest of the shareholders.
Mr. Norman is a founder of WTAI, which developed the WorldStar utility vehicle and Micro-Manufacturing process. Mr. Norman played a vital role in the research and development conducted by the Company and continues to work diligently as the Company progresses. While not an employee of the Company, he continues to provide international sales services for WTAI. The Company has not yet verified the facts of the lawsuit but is now researching the matter.
"The people associated with WTAI and the WorldStar project are firmly committed to its long term success and have expressed their continued support in light of recent events," commented Mr. Wardrop, President of WTAI.
"The Company has overcome obstacles in the past and is now completing discussions and contractual provisions to expand operations in the Philippines. We will continue to complete other transactions currently in the planning stages now. The success of any business is not based on blind luck or being in the right place at the right time, but rather on perserverance and keeping focus until the goal is reached.
"World Transport Authority, Inc. continues normal business operations and is encouraged about the forward motion in a number of areas," continued Mr. Wardrop. A recent WTAI press release announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology.
It is the mission of WTAI to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique WorldStar Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.
This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.
For further information, please contact:
World Transport Authority, Inc.
Lyle Wardrop Email: lyle@wtaiworldstar.com
(619) 593-2440
(619) 593-2444 Fax
World Transport Authority Responds
World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com
El Cajon, California, February 24, 2003 - World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) learned that a lawsuit was filed against Douglas Norman by the Securities and Exchange Commission. Legal counsel is investigating these allegations and is taking appropriate action to protect the rights of both Mr. Norman and the Company's forward momentum in the interest of the shareholders.
Mr. Norman is a founder of WTAI, which developed the WorldStar utility vehicle and Micro-Manufacturing process. Mr. Norman played a vital role in the research and development conducted by the Company and continues to work diligently as the Company progresses. While not an employee of the Company, he continues to provide international sales services for WTAI. The Company has not yet verified the facts of the lawsuit but is now researching the matter.
"The people associated with WTAI and the WorldStar project are firmly committed to its long term success and have expressed their continued support in light of recent events," commented Mr. Wardrop, President of WTAI.
"The Company has overcome obstacles in the past and is now completing discussions and contractual provisions to expand operations in the Philippines. We will continue to complete other transactions currently in the planning stages now. The success of any business is not based on blind luck or being in the right place at the right time, but rather on perserverance and keeping focus until the goal is reached.
"World Transport Authority, Inc. continues normal business operations and is encouraged about the forward motion in a number of areas," continued Mr. Wardrop. A recent WTAI press release announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology.
It is the mission of WTAI to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique WorldStar Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.
This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.
For further information, please contact:
World Transport Authority, Inc.
Lyle Wardrop Email: lyle@wtaiworldstar.com
(619) 593-2440
(619) 593-2444 Fax
I was aware of that already, Phil >
am I beginning to 'smell' sumppin ...?
.......... sniff, sniff ....!!
WTAI Ceo Arrested ... !!
Reuters
Founder of low-cost vehicle company arrested
Friday February 21, 4:57 pm ET
By Gail Appleson
NEW YORK, Feb 21 (Reuters) - The founder of World Transport Authority Inc. (OTC BB:WTAI.OB - News), a company that sells licenses to build a low-cost utility vehicle, was arrested on Friday for allegedly causing the company to lie about its expected sales.
ADVERTISEMENT
Douglas Norman, 61, a Canadian citizen who lives in El Cajon, California, was indicted for allegedly scheming to boost the company's share price in 2000 and 2001 and then selling his holdings for more than $1.6 million. The indictment was unsealed on Friday in Manhattan federal court.
Norman, who was arrested at his home, is charged with one count of securities fraud. If convicted, he could face a maximum prison sentence of 10 years and a $1 million fine.
Also on Friday, the U.S. Securities and Exchange Commission (News - Websites) filed a related civil suit against Norman accusing him of a carrying out a "campaign of deception." The suit seeks a court order forcing him to repay the illegal profits and barring him from acting as an officer or director of any publicly traded company. It also seeks unspecified penalties.
Neither Norman nor a spokesman for the company could immediately be reached for comment.
World Transport Authority, located in El Cajon, California, sells licenses for the manufacture of the low-cost WorldStar utility vehicle.
Federal authorities said Norman is the self-described founder of the company and the controlling stockholder. Both the civil and criminal cases said he is the vice president of international sales, and a company employee confirmed that he still holds that title.
WTA's Web site states that the WorldStar vehicle costs less than $7,000, has fewer than 500 moving parts and runs on three types of fuels. It says the company "provides the capability for emerging nations throughout the world to be automobile and truck producing countries."
Authorities said WTA's core business is promoting the sale of the vehicle and a system to make it. They said the company's literature claims that a "micro-factory" to make the cars can be built in about 90 days.
To carry out its business, the company sells "master licenses" that gives the licensee an exclusive marketing territory, typically covering one or two countries or a geographic region.
The indictment alleged that Norman schemed to inflate WTA's stock price by authorizing the company to issue a series of false press releases and by paying a consultant to post misleading statements on Internet message boards about the company's activities and expected WorldStar and license sales.
Norman knew that WTA faced substantial obstacles in making money from WorldStar sales as the vehicle was not ready for production at the time of the releases and postings, the indictment charged.
The WorldStar vehicle also had not received government approval for production or sale in the countries where production was to occur, according to the charges.
The indictment charged that the false statements convinced numerous investors to buy WTA common stock and that some of them bought their shares directly from Norman. He then sold large amounts of the stock, reaping more than $1 million in illegal profits, it said.
G/M ksquared ... Hope all is well in your area ...
Agree w/you about ALL those disasters ...
Going out for some vitals, & if-ya reply, I'll ans l8tr ....
WTAI Ceo. Arrested ... !!
Reuters
Founder of low-cost vehicle company arrested
Friday February 21, 4:57 pm ET
By Gail Appleson
NEW YORK, Feb 21 (Reuters) - The founder of World Transport Authority Inc. (OTC BB:WTAI.OB - News), a company that sells licenses to build a low-cost utility vehicle, was arrested on Friday for allegedly causing the company to lie about its expected sales.
ADVERTISEMENT
Douglas Norman, 61, a Canadian citizen who lives in El Cajon, California, was indicted for allegedly scheming to boost the company's share price in 2000 and 2001 and then selling his holdings for more than $1.6 million. The indictment was unsealed on Friday in Manhattan federal court.
Norman, who was arrested at his home, is charged with one count of securities fraud. If convicted, he could face a maximum prison sentence of 10 years and a $1 million fine.
Also on Friday, the U.S. Securities and Exchange Commission (News - Websites) filed a related civil suit against Norman accusing him of a carrying out a "campaign of deception." The suit seeks a court order forcing him to repay the illegal profits and barring him from acting as an officer or director of any publicly traded company. It also seeks unspecified penalties.
Neither Norman nor a spokesman for the company could immediately be reached for comment.
World Transport Authority, located in El Cajon, California, sells licenses for the manufacture of the low-cost WorldStar utility vehicle.
Federal authorities said Norman is the self-described founder of the company and the controlling stockholder. Both the civil and criminal cases said he is the vice president of international sales, and a company employee confirmed that he still holds that title.
WTA's Web site states that the WorldStar vehicle costs less than $7,000, has fewer than 500 moving parts and runs on three types of fuels. It says the company "provides the capability for emerging nations throughout the world to be automobile and truck producing countries."
Authorities said WTA's core business is promoting the sale of the vehicle and a system to make it. They said the company's literature claims that a "micro-factory" to make the cars can be built in about 90 days.
To carry out its business, the company sells "master licenses" that gives the licensee an exclusive marketing territory, typically covering one or two countries or a geographic region.
The indictment alleged that Norman schemed to inflate WTA's stock price by authorizing the company to issue a series of false press releases and by paying a consultant to post misleading statements on Internet message boards about the company's activities and expected WorldStar and license sales.
Norman knew that WTA faced substantial obstacles in making money from WorldStar sales as the vehicle was not ready for production at the time of the releases and postings, the indictment charged.
The WorldStar vehicle also had not received government approval for production or sale in the countries where production was to occur, according to the charges.
The indictment charged that the false statements convinced numerous investors to buy WTA common stock and that some of them bought their shares directly from Norman. He then sold large amounts of the stock, reaping more than $1 million in illegal profits, it said.
ARES Press ReleaseSource: AmeriResource Technologies, Inc.
AmeriResource Technologies, Inc. Retains Investor Relations Firm
Friday February 21, 10:00 am ET
LAS VEGAS, Feb. 21 /PRNewswire-FirstCall/ -- AmeriResource Technologies, Inc. (OTC Bulletin Board: ARES - News) is pleased to announce that it has retained Equitilink, LLC to lead its financial communications and shareholder relations campaign. A San Diego based agency, Equitilink provides a variety of custom services for public companies seeking results-oriented investor relations programs.
ADVERTISEMENT
Delmar Janovec, President & CEO states, "We are pleased to retain Equitilink, LLC as our Investor Relations firm. Equitilink specializes in investor relations for small companies and has previous experience conveying our story to the investment community as well as to the shareholders of ARES. We look forward to working once again with Mr. Mahoney and his fine organization."
Thomas N. Mahoney, Managing Director of Equitilink states, "Given the vagaries of today's markets it is of the highest importance that companies take every possible action to establish better relations with their target audiences, and if they are public companies, provide greater transparency to the same. We look forward to this challenging task, and are pleased to add AmeriResource Technologies, Inc. once again to our roster of clients."
Equitilink, LLC assists public companies in improving their shareholder relations through professional, cost-effective public/investor relations strategies and specializes in working with small-cap & micro-cap companies. Equitilink, LLC helps its clients achieve a greater awareness by expanding public awareness and enhancing corporate image. Additional information is available on the web at http://www.equitilinkpr.com .
Sho glad ya didn't remain in-da pokie long ...!!
ADOT News ....!!
Press ReleaseSource: Advanced Optics Electronics, Inc.
Advanced Optics Electronics, Inc. Announces Financial Relations Representation Negotiations with Product Design and Strategy Firm
Thursday February 20, 8:34 am ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Feb. 20, 2003--Advanced Optics Electronics, Inc. (OTCBB:ADOT - News) is pleased to announce that it is now being represented by CLX & Associates of Miami to represent the company before professional investors and current and potential shareholders.
CLX will be getting our message to financial professionals on a nationwide basis. They will be preparing broker fact sheets and assisting in research reports as well as preparing late news summaries. CLX will also work to enhance our web design and message. In the near future CLX will be assisting ADOT with its business plans and expansion forecasts. CLX's website address is clxonline.com.
Advanced Optics Electronics, Inc. is also in negotiations with Product Genesis located in Boston, Massachusetts. It is anticipated that Product Genesis will be working on an and advising the company on product strategy. Advice provided would also include design strategy and industrial design. Product Genesis has worked on over 1,000 programs utilizing Product Genesis' core competency of innovating and developing complex technology-based products. This work is anticipated to be put in place before ADOT ramps up production.
Advanced Optics Electronics, Inc. (OTCBB:ADOT - News) is a technology company based in Albuquerque, New Mexico. The company maintains an R&D facility and manufacturing plant, and is engaged in building large-scale flat panel displays utilizing its patented and patent pending technology.
In addition to the core business of ADOT, the company has made a strategic technology oriented investment in BIOMODA, Inc. BIOMODA, Inc. (non public) is a company that holds patents and patents pending domestically and internationally for the early detection of Lung Cancer. ADOT currently holds approximately 18 1/2% of BIOMODA, Inc.
NBEU News ...!!
Press ReleaseSource: National Beauty Corp
National Beauty Corp Begins Development in Las Vegas, Nevada
Thursday February 20, 8:31 am ET
FT. LAUDERDALE, Fla., Feb. 20 /PRNewswire-FirstCall/-- National Beauty Corp (OTC Bulletin Board: NBEU - News) Management announced today, that the company has begun development of HAIRMAX (TM), a value based haircutting store, being developed by Hairmax of Nevada Inc., the wholly owned subsidiary of National Beauty Corp. The new store represents the first of 10 expected locations for HAIRMAX in Clark County, Nevada. The first location will be located at the Sahara Pavillion South, a popular shopping location, that includes Office Max, Sports Authority, General Nutrition Centers, as well as other National retailers. The company further announced the are exploring the possibility of opening the first, 24 hour-7 day a week, haircut salon on the famous Las Vegas Strip, the company is presently in discussion with other shopping center developers, for additional HAIR MAX stores. The first Hairmax location in Las Vegas, Nevada, is expected to open in Spring 2003.
ABOUT HAIRMAX CORPORATION: Hairmax of Nevada Inc. and Hairmax of Florida Inc, are subsidiaries of National Beauty Corporation. The companies are in process of developing and building HAIRMAX concept, a provider of haircare services, offered to the public at discounted prices, in addition the company distributes the Hairmax brand of haircare products, sold exclusively at HAIRMAX locations in Florida and Nevada.
Edward A. Roth
President
(954) 717-8680x105
KAHI NEWS ...!!
Press ReleaseSource: Kaire Holdings, Inc
Kaire Holdings, Inc Acquires Medical Transportation Company
Wednesday February 19, 9:30 am ET
LOS ANGELES, CA--(INTERNET WIRE)--Feb 19, 2003 -- Kaire Holdings, Inc (OTC BB: KAHI) announced that it has acquired South Bend, Indiana Ambulance Enterprises, Inc (AMBE). Established in 1995, AMBE is a regional provider of both emergency and non-emergency medical transportation with annual revenues of approximately $3,200,000. The company acquired AMBE for $450,000, payable in restricted rule 144 common stock and promissory note of $250,000. The note, plus annual interest of 4% is due and payable in two years. The company has the option at that time to pay the note in common stock which will be valued at market price.
Kaire CEO Steven Westlund commented on the announcement saying, "The acquisition of AMBE begins the company's strategic expansion into related segments of the health services industry. In addition to emergency medical transportation, AMBE also provides non-emergency medical transportation for board and care patients."
George R. LeFevre, with NeoTactix, commented on the transaction saying, "AMBE is the first of several opportunities that have been identified for Kaire in the quest to bring revenue and profit growth to the company through acquisition." NeoTactix (www.neotactix.com) is a Southern California-based business development practice specializing in guidance to small and emerging growth companies.
ADVERTISEMENT
Kaire Holdings, Inc provides services to targeted segments within the health care industry that includes emergency and non-emergency medical transportation and specialized pharmacy care to targeted segments of the health care market. Pharmacy care products and services are specifically tailored to the needs of patients undergoing complex medication therapy, as well as their associated health care managers. Kaire programs utilize specialized medication packaging that improves patient medication compliance while simultaneously reducing many repetitive tasks for health care managers freeing them to spend more time with their patients. The program also manages patient insurance claims through a wide variety of health care providers as well as facilitating communication between patients and their health care professionals. Specialized programs are available for HIV, diabetics, many seniors and persons in assisted living facilities.
I thank you, Onebgg, muchy appr...!!
Tnx, ez ... (IF) it pulls-back drastically, (and I doubt it will) I'll probly bite ...
Soooo many choices, soooo lil' loot ...!!
ez, I don't own it, but wish I did ....!!
Hear ya are, trade ....
Sent By:
skeballlarry Date: 1/20/2003 10:34:29 AM
Gifs & sounds(instrs)..
http://www.investorshub.com/boards/faqh2post.asp
There is also a GIF board that has some great links to GIFs.
http://www.investorshub.com/boards/board.asp?board_id=1078
If you see a gif that you like, just put your cursor on it & right click it to get properties.
That will give you the web address. write down the address & insert
[ c h a r t ] (no-spaces) at the beginning of the address eliminating the - - h t t p / / or w w w whichever is in the link and insert
[ / c h a r t ] (no-spaces) at the end of the link.
Remove the spaces as I couldn't post it without the spaces.
try it out on the TEST thread & you can see from some of the posts how to post the link.
Agree there ... I think they saddle-em-up and ride them to groc ....
iz-zat where they make Ajax- for stains n shower stalls ...??
alright, saf-trip ... !!
Where-ya goin, Churak ... ??
Breaking News .. !! NATO AGREES on Turkey Defense Plan ...!!
PCTH 1 X 200 R/S = PFAE
THAT he is, trkyhntr ... !! .. I sho wouldn't bet agin-him ..
Been monitoring your posts, and feel you are handling ALL situations 'IN FINE FASHION' ... !!
Amen to that Ed... Who's gonna-win the D/500 today .. !!
Geeezz, N.Korea's leader, (K.Y. Ill's?) birthday is toda .. &
....... so is MINE .....Rats .... !!
It's 20-years for Clara Harris ...!!
POKER.COM News !!
Poker.com Inc. Acquires Skill Poker, Plans to Operate U.S. Based Online Card Room
VANCOUVER, CANADA--Poker.com Inc. (OTCBB: PKER) announced today that pursuant to a news release dated January 16, 2003, the Company has, through its wholly owned subsidiary, acquired a provisional patent application and all the assets in relation to a skill based system of online poker which includes the games of Skill Poker and Skill BlackJack from Blue Diamond International Capital Inc. of Switzerland.
In consideration for the acquired assets, the Company paid Blue Diamond US$50,000 and issued 3,000,000 shares in its common stock. In addition, Blue Diamond will receive the greater of US$3,500 per month or 4% of the gross revenue received by the Company from operating games using the technology of the provisional patent. In the event that the technology is further licensed by the Company to a third party, Blue Diamond will also receive 20% of any initial license fee and 4% of the gross revenue of any such licensee.
The provisional patent application filed with the United States Patent and Trademark Office covers a system of determining the skill level in a tournament setting for many different card games including all forms of poker. Poker.com Inc. has acquired ownership of all materials in relation to the games of Skill Poker and Skill Blackjack, in addition to the domain names SkillPoker.com, SkillBlackjack.com, SkillOmaha.com, SkillHoldem.com and SkillStud.com.
The acquisition was subject to an opinion provided by Professor I. Nelson Rose, a Professor of Law with tenure at Whittier Law School in Costa Mesa, California regarding the general legality of the Skill Poker system. Professor Rose received a Juris Doctor degree from Harvard University in 1979 and is recognized as a leading authority on gambling and the law advising clients such as the United States Government, state gaming commissions, the Federal Government of Canada, commercial gaming operators and has acted as an expert witness in a number of gaming related trials. The Company is pleased to announce that the opinion provided by Professor Rose was satisfactory with respect to the general legality of the Skill Poker system.
Poker.com plans to use the Skill Poker concept enabling the operation of its own skill based online poker card rooms marketing directly to players in the United States, Canada and worldwide. Once developed, Poker.com Inc.'s poker card room will be the only legal online system of gaming with all operations including the game servers located on North American soil. The Company has formed Skill Poker.com Inc., a wholly owned subsidiary registered in the State of Washington for the purpose of developing and operating the Skill Poker concept.
With respect to the dispute involving the domain, www.poker.com, the Company announces that a recent ruling by ICANN (The Internet Corporation For Assigned Names And Numbers) dated February 13, 2002 refused to acknowledge that Communication Services Inc., (the current registrant of the domain), were using the URL illegally and have suggested that action was more appropriate to be commenced against ALA Corp (the previous registrant of the domain). The Company is continuing to pursue all legal avenues through which its rights to the use of www.poker.com may be reclaimed.
On behalf of the Board of Directors,
Mr. Mark Glusing, President
POKER.COM News ...!!
Poker.com Inc. Acquires Skill Poker, Plans to Operate U.S. Based Online Card Room
VANCOUVER, CANADA--Poker.com Inc. (OTCBB: PKER) announced today that pursuant to a news release dated January 16, 2003, the Company has, through its wholly owned subsidiary, acquired a provisional patent application and all the assets in relation to a skill based system of online poker which includes the games of Skill Poker and Skill BlackJack from Blue Diamond International Capital Inc. of Switzerland.
In consideration for the acquired assets, the Company paid Blue Diamond US$50,000 and issued 3,000,000 shares in its common stock. In addition, Blue Diamond will receive the greater of US$3,500 per month or 4% of the gross revenue received by the Company from operating games using the technology of the provisional patent. In the event that the technology is further licensed by the Company to a third party, Blue Diamond will also receive 20% of any initial license fee and 4% of the gross revenue of any such licensee.
The provisional patent application filed with the United States Patent and Trademark Office covers a system of determining the skill level in a tournament setting for many different card games including all forms of poker. Poker.com Inc. has acquired ownership of all materials in relation to the games of Skill Poker and Skill Blackjack, in addition to the domain names SkillPoker.com, SkillBlackjack.com, SkillOmaha.com, SkillHoldem.com and SkillStud.com.
The acquisition was subject to an opinion provided by Professor I. Nelson Rose, a Professor of Law with tenure at Whittier Law School in Costa Mesa, California regarding the general legality of the Skill Poker system. Professor Rose received a Juris Doctor degree from Harvard University in 1979 and is recognized as a leading authority on gambling and the law advising clients such as the United States Government, state gaming commissions, the Federal Government of Canada, commercial gaming operators and has acted as an expert witness in a number of gaming related trials. The Company is pleased to announce that the opinion provided by Professor Rose was satisfactory with respect to the general legality of the Skill Poker system.
Poker.com plans to use the Skill Poker concept enabling the operation of its own skill based online poker card rooms marketing directly to players in the United States, Canada and worldwide. Once developed, Poker.com Inc.'s poker card room will be the only legal online system of gaming with all operations including the game servers located on North American soil. The Company has formed Skill Poker.com Inc., a wholly owned subsidiary registered in the State of Washington for the purpose of developing and operating the Skill Poker concept.
With respect to the dispute involving the domain, www.poker.com, the Company announces that a recent ruling by ICANN (The Internet Corporation For Assigned Names And Numbers) dated February 13, 2002 refused to acknowledge that Communication Services Inc., (the current registrant of the domain), were using the URL illegally and have suggested that action was more appropriate to be commenced against ALA Corp (the previous registrant of the domain). The Company is continuing to pursue all legal avenues through which its rights to the use of www.poker.com may be reclaimed.
On behalf of the Board of Directors,
Mr. Mark Glusing, President
Thank you, ksquared... and for the link ...!!
(?) 4 the board ... Mkts. ARE closed Monday Prez-Day...
Anyone know (for sure) if the mail is delivered..?
Dumb ol' me ... Got-em in on TSAH @ .0011 & again @ .0006 ....
g/m subbrs ... Happy Fri-tradin Day to ALL ..