Starnet Announces Cour Hearing Results on สล็อต 888 เว็บตรงสล็อต 888 เว็บตรง Communications International Inc.
Starnet Announces Cour Hearing Results on สล็อต 888 เว็บตรง
สล็อต 888 เว็บตรง Communications International Inc. (OTC-BB: "SNMM") ("Starnet" and the "Company"), a leading provider of proprietary software for the Internet gaming industry, today reported that the British Columbia Supreme Court has extended the restraining order over two of Starnet's bank accounts for an additional six months to allow the RCMP to complete their investigation into Starnet's on-line gaming operations.
President and Chief Executive Officer Meldon Ellis said, "While we are disappointed with the ruling, it is consistent with the Court's past opinions. As we expected the Court to grant additional time to the RCMP to complete their investigation, we have prepared for this contingency. We have instructed our lawyers to file an appeal with the British Columbia Court of Appeal immediately and believe that our case has considerable merit. We will proceed with this appeal expeditiously and hope to be in a position to set an appeal date within a few months."
Ellis added, "Management continues to be disappointed with the handling of this matter by the authorities, from the pace of the investigation to the apparent unwillingness to examine the issues involved. Despite our full cooperation and support of establishing legal precedents that would provide beneficial regulation of online gaming, action by the parties involved has been slow and reluctant. This is unfortunate, given the possible benefits to all parties of resolution."
Ellis continued, "We are aggressively pursuing all possible opportunities t
Resolve the investigation. Restructuring efforts have been designed to enhance the clarity of our operations and eliminate potential misunderstandings of our
Operations. What has become increasingly clear to management over the past year is that while legal institutions in North America have struggled to adapt to the new reality of I-gaming, several international jurisdictions have been more proactive. These jurisdictions provide stable launching pads for our operations and form the foundation of our strategic growth plans."
"Going forward, we will continue to develop our online gaming operations and expand internationally," said Ellis. "Our revenues are rapidly and consistently สล็อต 888 pg growing, and as investments in new software and online pari-mutuel services decline over the next two quarters, we anticipate generating significant positive earnings. In the short term, we expect to make several announcements related to our new software and pari-mutuel operations, as well as growth in our core gaming operations. Over the past year, we have built a better Starnet, with enhanced products and services. As a result, we are better positioned than ever to capitalize on industry growth and look forward to a strong year."
About Starnet
Starnet is a leading developer and producer of Internet technologies for gaming
Applications on casino en ligne. Products currently offered and under development comprise a full suite of gaming products, including casinos, sports betting, bingo, lotto, and horse racing. Games are available in a number of different formats including Java, C++, and HTML and comprehensive marketing support software is also provided. For more information, please visit http://www.snmm.com or email [email protected]
Starnet is a fully reporting US (Delaware) corporation, which currently trades on the National Association of Security Dealers ("NASD") Over-The-Counter Bulletin Board. The company began trading in September of 1997 under the symbol "SNMM". Starnet is also listed on the Berlin Stock Exchange where it is traded on the Over-The-Counter market under the symbol "SNM".
