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Tue, 30 Jul 2002 04:11:56 -0700
NEWS July 16, 2002 i2corp Enters into Research and Development Agreement with
Nevada Gaming Equipment Supplier For Live Remote Bingo.
The general feeling of the Top Internet Lawyers and Analysts is that "online
gambling and sports betting is here to stay. Attempts at trying to stop it
would be largely ineffective! Banning Internet gambling and sports betting
presents technical and legal problems that Governments are ill equipped to
Whats more, there are NO competitors for the Companys method or technology
for remote wagering. i2corp is the Only Company in the World that can legally
license its method and technology for remote wagering. i2corp is currently
Major Casinos Globally.
Michael Pollock of the Pollock Gaming Resource Group (PRRG) has issued a report
studying the effects of live wagering from remote locations. The study
concludes that live wagering from remote locations does more than create a new
source of revenue for sponsoring casinos. Additionally, it creates a marketing
opportunity, a means to find and cultivate thousands of new customers who can
be encouraged to become on-site patrons. A copy of the full report in pdf
format can be downloaded at http://www.gamingobserver.com/.
i2corp is the holding company for Home Gambling Network, Inc. HGN holds U.S.
Patent 5,800,268, which covers remote wagering on live games and events with
electronic financial transactions. The Patent is comprised of three primary
actions: the gambling is live; the player is remote and physically away from
the actual game or event; and the winnings and losses are transacted
electronically in real time. They include, but are not limited to, horse
racing, soccer, bingo, poker, roulette and many other Las Vegas Casino Games.
FACT: Currently there is an overwhelming opinion that remote wagering in
real-time will become one of the most profitable/prolific industries worldwide.
i2corp recently won judgment against giant UUNET a subsidiary of MCI/WorldCom
in a U.S. Federal Court for Patent infringement. Just another compelling reason
why i2corp has orphaned their competition! Therefore we conclude i2corps
common stock to be overlooked and undervalued!
RECOMMENDATION: STRONG BUY
OTCBB Symbol (ITOO)
Recent Price .05 - .08
52-Week Hi-Lo .05 - .48
Short Term Target Price: .60
This news release contains forward-looking statements as defined by the Private
Securities Litigation Reform Act of 1995. Forward-looking statements include
statements concerning plans, objectives, goals, strategies, future events or
performance and underlying assumptions, and all statements that are other than
statements of historical facts. These statements are subject to uncertainties
and risks including, but not limited to, product and service demand and
acceptance, changes in technology, economic conditions, the impact of
competition and pricing, government regulation, and other risks defined in this
document. These cautionary statements expressly qualify all such
forward-looking statements made by or on behalf of Gaming Advisor. In addition,
Gaming Advisor disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date hereof. The
information herein has been obtained from reputable sources and therefore we
assume its validity. Gaming Advisor has been c
ompensated $5,000 for the dissemination of this information and may at anytime
buy or sell the securities of i2corps common stock.
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