 Ho Interactive acquisition of the IPT
Kevin has announced that the Ho Interactive has been signed. Sounds like good news.
Dear IPT Player,
It is with great pleasure that I can announce that the financing package in
relation to the Ho Interactive acquisition of the IPT has been signed. This
means that IPT players will be receiving checks for the World Open
tournament next week. Since President Bush signed into law the bill
outlawing online gaming in America, our initial financing package is lower
than originally contemplated. This shortfall will be made up at the IPO and
through other initiatives. We are now working on finalizing the formal
documents relating to the Ho Interactive acquisition and initial public
offering. We hope to formally sign these documents and make a formal public
announcement early next week. Our staff will be calling each and every one
of you so that we may send checks to you via overnight priority delivery.
Thank you again for your support and patience. Together we can turn the
dream of the IPT into the reality that we all want to achieve. I will update
you again next Monday with more specific details.
Very truly yours,
Kevin Trudeau, Founder
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