BioStem Technologies Inc. (BSEM)

[JoeSnuffyBulletCtchr]

With a signed software contract with the DR Government for 2 1/2% of the gambeling tax revenue for sports betting, race betting, lottery, etc? Heck you'll probably see it over 10 cents in a few hours... over a dollar in a day(maybe pushing it, but realistic.) 62.5 million a year for just the illeagle gambling taxes that would get collected that's not even thinking about the LEGAL GAMBLEING....


TODAYS ARTICLE?: (link at bottom)

Inland Revenue pushes for gambling law

In the Dominican Republic the authority charged with the welfare of children, young people and the family, the Coordinación Nacional de Niños, Niñas, Adolescentes y Familia (NNA), has announced the confiscation and destruction of 144 illegal gaming machines. They were removed from food stores as well as premises such as betting shops and billiard halls around the country.

Marisol Torba, head of the NNA, watched the demolition process that took place at the Dominican Naval dockyard in Santo Domingo. She commented, “In these places gaming machines operate illegally and permit access by those underage.” She added, “Gaming machines that are not properly authorized by the Home Office to operate in the places allowed under the law are being confiscated by the Ministry of Welfare for Minors throughout the Dominican Republic.

The tax authorities are seeking a law to regulate casinos, lotteries, sports betting and other gambling facilities.

Germania Montás Yapur, director of the Inland Revenue (DGII), said that according to a recent study these businesses generated more than US$2.5 billion a year but contributed little to the state. She pointed out that there were around 30,000 betting shops in the country in the hands of about 1,000 owners who had become accustomed to managing the revenues without any supervision of the sector. (E-12.21.10)



this is all in my own oppinion... just thought i'd share..


http://www.casinocompendium.com/nna.html