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| Stock Symbol: SNMM (OTC) SNM (Berlin) News: Forums: |
Starnet is a leading developer of
subscription based online entertainment services. The company got its start as a provider of interactive online pornography but is planning to divest itself of that business and is focusing on online gaming. It has been remarkably successful as a content provider and a developer of gaming software for other sites. Its subsidiary, World Gaming, was reviewed by top40casinos.com as "maybe the best all around (gaming) site on the Internet" with "state of the art everything". The site operates in eight languages. Starnet also offers World Sports Book and World Race Tracks. The latter features real video feeds of seven different horse races worldwide. Starnet's Softec Systems subsidiary licenses its proprietary software to others providing turnkey gaming sites for entrepreneurs. And its financial services division, EFS, developed STAR-MX, the first international financial transaction technology to be certified by a Canadian chartered bank (Bank of Montreal). This Vancouver based business trades on the OTC BB as SNMM and on the Berlin OTC as SNM. On August 20, 1999, the company's Vancouver offices were raided by the RCMP and other police agencies after an 18 month investigation into illegal gambling and prohibited pornography. No charges have been laid as of August 23, but this space will be updated with new info as it happens. See my article on the raid for more. Shares Outstanding: 29,000,000
The Next Level - George Nichols, Internet stock analyst for Morningstar, has an interesting forum here on Starnet. Address: Phone: 604-685-7619 or Starnet Communications International Inc. Phone: 268-480-1651 This page last updated: Aug.23, 1999 |