UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JUNE 13, 2003
POKER.COM INC.
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(Exact name of registrant as specified in its charter)
Florida 0-29219 98-0199508
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(State or other jurisdiction of (Commission File (IRS Employer
incorporation or organization) Number) Identification No.)
Suite 630, 1188 W. Georgia V6E 4A2
Vancouver, British Columbia, Canada
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(Address of principal executive offices) (Zip Code)
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Issuer's telephone number (604) 689-5998
(including area code)
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(Former name, former address and former
fiscal year, if changed since last report) (Zip Code)
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.
Yes [X] No [ ]
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
No events to report.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
No events to report.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
No events to report.
ITEM 4. CHANGES IN REGISTRANTS CERTIFYING ACCOUNTANT
No events to report.
ITEM 5. OTHER EVENTS
See Exhibit 1.
ITEM 6. RESIGNATION OF REGISTRANTS DIRECTOR
No events to report.
ITEM 7. FINANCIAL STATEMENTS
No events to report.
ITEM 8. CHANGE IN FISCAL YEAR
No events to report.
Exhibit:
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1. News Release issued by the Company on June 11, 2003.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
POKER.COM, INC.
/s/ Mark Glusing
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Mark Glusing, President
June 13, 2003
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Date
EXHIBIT 1
FOR IMMEDIATE RELEASE
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POKER.COM INC. COMMENTS ON PASSING OF BACHUS PROHIBITION BILL, HR 2143, THE
UNLAWFUL INTERNET GAMBLING FUNDING PROHIBITION ACT.
VANCOUVER, CANADA, June 11, 2003 - Poker.com Inc. (OTCBB: PKER) announces that
the passing of legislation by the U.S. House of Representatives banning the use
of credit cards, wire transfers and other banking instruments to fund internet
gambling activities may largely impact Poker.com Inc. and its wholly owned
subsidiary Skill Poker.com Inc. The Company owns a patent pending technology
which will enable the playing of poker games online without contravening
gambling laws such as what is often referred to as the Bachus Prohibition Act.
H.R. 2143, the Unlawful Internet Gambling Funding Prohibition Act, introduced by
Representative Spencer Bachus, R-Alabama was passed during the session held June
10, 2003 in Washington, D.C.
"We think our strategy to enter into skill based gaming online is right on
course with the way in which legislation is moving with respect to the
prohibiting of pure gaming online. The development of the patent pending Skill
Poker system is on track and we intend to offer online poker players an
alternative to those operators offshore as soon as practically possible", stated
Mr. Mark Glusing, President of Poker.com Inc.
Poker.com Inc., over the last three years, has sold software licenses to
foreign-based corporations in such jurisdictions which allow internet gaming. In
early 2003, the Company announced its repositioning to use a skill based concept
known as Skill Poker and owns a provisional patent application filed with the
United States Patent and Trademark Office. The provisional patent covers a
system of determining the skill level in a tournament setting for many different
card games including all forms of poker. Poker.com plans to use the Skill Poker
concept, enabling the operation of its own skill based online poker card rooms
marketing directly to players in the United States, Canada and worldwide. Once
fully developed, Poker.com Inc.'s poker card room will be the only legal online
system of gaming with all operations including the game servers located on North
American soil. Poker.com Inc. believes its revenue source will comprise largely
from the Skill Poker system and will focus its resources in this area in line
with the legislative changes in the U.S. which may negatively impact the
Company's current royalty revenue through the potential banning of the use of
banking instruments to fund pure internet based gaming.
The Company recently launched a free version of the software which will be used
to incorporate the patent pending technology and reports that management is
pleased with the number of player sign ups and the response to date.
On behalf of the Board of Directors,
Mr. Mark Glusing
President
THIS PRESS RELEASE MAY CONTAIN CERTAIN FORWARD-LOOKING INFORMATION AND
STATEMENTS CONCERNING THE COMPANY'S OPERATIONS, PERFORMANCE AND FINANCIAL
CONDITION, INCLUDING, IN PARTICULAR; THE ABILITY OF THE COMPANY TO DEVELOP THE
SOFTWARE TECHNOLOGY IN CONNECTION WITH THE PROVISIONAL PATENT; COMPETITION FROM
OTHER GAMING COMPANIES TO DEVELOP AND MARKET SKILL BASED GAMING IN NORTH
AMERICA; THE ABILITY OF THE COMPANY TO SUCCESSFULLY MARKET ONLINE GAMING SITES
THAT ARE FOR SKILL BASED GAMING. THESE STATEMENTS ARE BASED UPON A NUMBER OF
UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE
COMPANY. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED
BY SUCH FORWARD-LOOKING STATEMENTS. THIS DOCUMENT IS NOT INTENDED TO BE AND IS
NOT AN ADVERTISEMENT FOR ANY SECURITIES OF THE COMPANY.
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For further information please contact:
Poker.com Inc.
Investor Relations
630 - 1188 West Georgia Street
Vancouver, B.C.
Canada, V6E 4A2
Tel: (604) 689-5998
Fax: (604) 689-8988
Email: Info@skillpoker.com
Url: www.skillpoker.com