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Online Poker News Archives - January 14, 2005

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Copyright 2005 PrimeZone Media Network, Inc.
PrimeZone Media Network

January 14, 2005 Friday 5:40 AM EST

HEADLINE: Wall Street News Alert's Hot Stocks for Traders! January 14, 2005

BODY:
Wall Street News Alert's "stocks to watch" this morning are: AngelCiti Entertainment (OTCBB:AGCI), Sun Microsystems, Inc. (Nasdaq:SUNW), Apple Computer, Inc. (Nasdaq:AAPL) and Verisity Ltd. (Nasdaq:VRST).

Aggressive investors and traders may once again be excited about the latest news concerning one of AngelCiti Entertainment's (OTCBB:AGCI) investments.

Yesterday after the markets closed, Midas Entertainment (an online poker software company which AngelCiti owns 4.6 million shares) issued a press release announcing it has taken over $32.6 million in bets, processed more than $3.2 million in payments and generated $712,000 in gross revenue during its initial four and a half months of operations.

This could be great news for investors! Midas Entertainment's President, George Gutierrez, remarked, "We continue to be amazed by the rapid start we've experienced in growing our user base, processing transactions and generating revenue. The online poker market has grown over 700% this past year and continues to expand dramatically. We are projecting continued growth for both the industry and our company as we look forward to pursuing many exciting opportunities in 2005."

Investors watch this one! To date the company has acquired over 10,500 players playing through the Company's web portal licensees.

For more in-depth coverage of AngelCiti, visit http://216.63.242.254/AGCI0113.htm

In case you are not familiar with the companies: Midas' wholly owned subsidiary, Creative Millennium Ventures, provides gaming software to online-poker sites including CityPoker.com, KingMidasPoker.com, DesertPoker.com and SharkPoker.com. Midas' operations were spun-off from AngelCiti Entertainment, Inc. and into Midas in July 2004. AngelCiti owns 4.6 million shares in Midas Entertainment.

AngelCiti Entertainment is focused on acquiring interests in companies that provide software to the online gaming industry. The online gambling market has been booming since its inception and continues to expand at a rapid pace.

Industry experts estimate that total gaming revenues could grow from $4.5 billion in 2002 to more than $10 billion by 2005 (source: Christiansen Capital Advisors). AngelCiti's wholly owned subsidiary Worldwide Management provides gaming software to numerous online casinos including SharkCasino.com and TheHouseWins.com, and currently services casinos in English, Spanish, German, Chinese and Japanese.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Sun Microsystems, Inc. (Nasdaq:SUNW) down 0.8% on 65.5 million shares traded, Apple Computer, Inc. (Nasdaq:AAPL) up 6.6% on 56.3 million shares traded and Verisity Ltd. (Nasdaq:VRST) up 55.6% on 5.1 million shares traded.

Commentary:

"The Labor Department claimed that unemployment claims ending last Friday rose by 10,000 to 367,000. The rolling four-week average was 12,750 averaging 344,000," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com.

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 40 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

-- Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street! If you receive any such fax, please do not contact us at www.wallstreetnewsalert.com. You may wish to inquire about the fax with the CEO of the company that the fax is written about. --

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational.

The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained.

WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For present and future services, WSCF has been compensated twenty-one thousand dollars for coverage of AngelCiti Entertainment (OTCBB:AGCI), by a third party (National Financial Communications Corp.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd. Sonja Rudd does not accept stock as compensation from any of the companies mentioned in this release.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.


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