Apparently the cops raided the Starnet offices in Vancouver on Friday — they did a DNS cutover to their operations in the Caribbean and no inter- ruption. Clearly they think their recovery path is to get out of the porn business and move into gambling, though..
Ironic that he did a Financial Post interview just prior to the raid.
-Ian.
–=– http://www.canoe.ca/FP/aug23_starnet.html VANCOUVER – Mark Dohlen is lost. Starnet Communications International Inc. has grown so quickly that not even its chief executive can remember which hallway leads where.
“This is what happens when you’re on the road so much,” Mr. Dohlen says sheepishly.
On Aug. 12, Mr. Dohlen spent an hour talking with the Financial Post and leading a tour of Starnet’s downtown office.
Eight days later, RCMP officers and local police would raid those offices as part of an 18-month probe into Internet gambling and pornography. But at the time of the interview, Starnet was still flying high, and an energetic and fast-talking Mark Dohlen vigorously defended the Internet sex and gambling company’s stock-market value, which stood at $422- million (all figures in U.S. dollars).
–=– http://biz.yahoo.com/bw/990823/de_starnet_1.html AUGUST 23 — Starnet is pleased to announce that its wholly owned subsidiary, Starnet Communications Canada Inc. is now accepting offers for the purchase and the sale of the assets comprising its entertainment division.
This will include the flagship sites, www.sizzle.com and www.chisel.com, as well as 9 other revenue generating sites and approximately 50 other promotional sites. Since the commencement of operations in 1995, Starnet has emerged as one of the leading providers of entertainment services via the Internet. This divesture will allow Starnet to focus all available resources on the further development of its core Internet gaming businesses
–=– http://www.techstocks.com/research/story.gsp?id=122391&s=snmm AUGUST 20 — Starnet Communications International Inc. today announced that an investigation by the Coordinated Law Enforcement Unit of British Columbia has temporarily prevented management access to company offices. No charges have been issued by Canadian authorities in this matter.
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-Ian.