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Author Topic: AGCI - Green Barons picks for June
Livios
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Green Baron Focus Stock Pick

for the Month of June



AngelCiti Entertainment, Inc.

(BB: AGCI - $1.00 per share)



Current Common Shares Outstanding – 6.5 million shares (est.)

Series “A” Preferred – Convertible to 1.0 million common

Current Market Cap – Approx. $7.5 million

Calendar 2005 Year High - $3.50/share Low - .75/share (est.)



Ownership in Online Poker Software Company MDAS now worth over $25 million – Stock Dividend Coming to Shareholders – Major New Developments Expected Soon!

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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osubucks30
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You posted some wrong info. LOOK at the last 10Q!!


As of March 31, 2005, there were 32,224,471 shares of the Registrant's Common Stock, par value $0.00025 per share, issued and outstanding.

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osubucks30
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At the current price the market cap is over $40 million!!
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JasonTT
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osubucks30,

April 26, 2005 – AngelCiti to Redeem Outstanding Loan and Retire Collateral Shares - AngelCiti Entertainment, Inc., an online casino software company, announced that the Company has reached agreement with its lender to retire the outstanding $300,000 loan under its Revolving Credit Agreement, plus all interest and any other amounts accrued hereunder. In addition, AngelCiti will retire 25.6 million of the shares that had been held as collateral in conjunction with that loan. The result of this transaction will leave AngelCiti with approximately 6.5 million common shares issued and outstanding. The effective date of this transaction is May 20, 2005.

AngelCiti President George Gutierrez stated, "This immediately eliminates all but deminimus debt from our balance sheet and further eliminates the uncertainty of having a large block of shares outstanding collateralizing the loan. This is the first step in our progress toward completing the acquisition of Carib Gaming and we anticipate providing investors with additional information on that transaction in the near future."

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You can't argue with idiots, they drag you down to their level and beat you with experience.

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JasonTT
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For those that care, here is green barons DD:

Fundamentally, solid valuation can be seen just in AGCI”s ownership position in Midas Entertainment, Inc. (PK: MDAS). AngelCiti currently owns 3.1 million shares of MDAS which now trades at over $8.00 per share (a valuation of about $25 million). AGCI recently announced that a dividend of one share of MDAS will be paid for every seven shares of AGCI owned by a shareholder. Following payout of the dividend which is expected to take place within the next few weeks, AGCI will retain about 2.1 million shares of MDAS currently valued at over $16 million.

In essence, shareholders will receive stock in MDAS with an approximate value of over $1.00 per share in AGCI stock, while retaining ownership of AGCI which will hold a remaining interest of 2.1 million MDAS shares (The 2.1 million MDAS is worth over $2.00 per share based on the current MDAS price and AGCI share structure). The Green Baron Report believes the additional ongoing assets and business plans of AngelCiti add significantly more value to this stock. More on this will be addressed later.

AngelCiti spun off its online poker operations in July of 2004 to Midas Entertainment, Inc. for an approximate 15% stake in Midas so that it could focus on its core operations. MDAS has in turn experienced tremendous growth since it began it core operations. Online poker continues to grow at the fastest pace of any online wagering sector. The Green Baron Report has some degree of caution that MDAS stock can maintain its meteoric rise, but based on the continued increased popularity of the online poker industry, the estimated huge valuation of industry leader PartyPoker.com, and the potential gains in AngelCiti’s core operations, we believe AGCI remains vastly undervalued at these levels.

Technically, AGCI has found solid support at levels at about .75 to .85 per share (The first trading day of the year on January 3, 2005 is the only day that AGCI has traded below .75 per share). We see a break of over $1.25 per share will establish AGCI in an uptrend, and we do not see much resistance below $2.00 per share. Although we do not provide precise target levels, we see many reasons to support a trading price in AGCI at $4 to $5 per share today.

Please Note: Percentage gains on our home page in AGCI common stock from The Green Baron Report’s profile price to the subsequent high will take into account stock dividend distributions after they have been paid to AGCI shareholders.

About AngelCiti Entertainment, Inc.

AngelCiti Entertainment, Inc. (BB: AGCI) is an online casino software licensor that is focused on acquiring interests in companies that provide software to the online gaming industry. The online gaming market has been booming since its inception and continues to expand at a rapid pace, particularly the online poker market that has grown more than 1000% in the past 20 months and represents a greater that $5 billion industry.

AngelCiti currently retains 3.1 million shares of Midas Entertainment (PK: MDAS). Midas is part of the Prima Poker Network, and since Midas joined Prima Poker, Prima has moved up from about the 7th or 8th position to a very solid 3rd industry position. Party Poker and PokerStars remain the industry leaders. The recent announcement by PartyPoker.com to explore the possibility of going public at a valuation to be more than $4 billion, and the acquisition of ParadisePoker.com by Sportingbet.com for over $300 million continues to create excitement to online companies like AngelCiti.

AngelCiti continues to pursue opportunities in its core online casino software business, which represented a Net Win of over $3.89 million on more than $125 million in wagers since its inception two and a half year ago. It has a pending acquisition of Carib Gaming, the largest land-based gaming operator in the Turks & Caicos Islands with slot machines in over 22 locations and is projected to add in excess of $3 million in annual revenue to the Company in 2005. The acquisition would provide a synergistic combination of online and land based gaming, and would help AngelCiti achieve a listing on the Amex or Nasdaq small cap stock exchange. AngelCiti entered into a Letter of Intent to acquire Carib Gaming in January 2005, and entered into a definitive Merger Agreement in March 2005. An update on this acquisition is expected soon.

The Company currently provides software to casinos in languages including English, Spanish, German, Chinese, and soon French (see announcement on May 24). AngelCiti has also recently added multi-currency wagering options to casino players so they can universally enjoy their online entertainment without currency confusion. From inception in May 2002 though September 30, 2004, AngelCiti has had more than 156,000 downloads of its software, signed up over 58,000 players, and has garnered over 2,000 affiliates to drive traffic to its customers websites as part of its aggressive affiliate program. Moreover, AngelCiti operated casinos have been voted Best Online Casino in the Insider’s Betting Digest, voted Best New Online Casino in the Gambling Online Magazine, and featured in Casino Player Magazine.

Recent Announcements

May 25, 2005 – AngelCiti Plans Additional Stock Dividend in Midas Entertainment to Shareholders - AngelCiti Entertainment announced that management has decided to dividend out additional shares in Midas Entertainment, Inc. (PK: MDAS) held by the company, to shareholders in order to allow them the added benefit of direct share ownership in the meteoric growth of the online poker industry. The dividend will be one share of Midas Entertainment for every seven shares of AngelCiti owned by a shareholder. The record date will be set within the next few weeks.

George Guiterrez, president of AngelCiti Entertainment, stated, "We have received a tremendous amount of positive feedback from the shareholders after the initial dividend and wanted to reward our shareholders for their continued belief in the ongoing development of our company. This is a unique opportunity for our shareholders to own a position in two companies with high growth and return potential in a very hot segment of the market."

Poker's tremendous growth and attraction has been evidenced by such shows as Celebrity Poker and the Travel Channel's World Poker Tour series, which has been a huge ratings success. NBC has recently begun televising poker events as well. Last year's World Series of Poker champion walked away with a world record prize of over $5 million, out of $49 million in total prizes, more than double the prize values awarded in 2003. The 2003 champion also earned his seat by winning an online tournament.

May 24, 2005 – AngelCiti Announces Addition of New Games and Plans for French Language Websites - AngelCiti Entertainment, Inc., an online casino software licensor, announced the recent popular addition of 3-reel Australian slot machines (Ronin, Aztec's Treasure and Goldbeard) have been an even bigger hit than anticipated, and plans to include French as a new language in order to more effectively target European gamblers. AngelCiti already offers multi-currency options enabling people to wager in the currency of their home country.

"Innovation is a key way to stay competitive in the online gaming market," commented George Guiterrez, president of AngelCiti Entertainment. "While we are focused on the corporate transactions on hand such as the acquisition of Carib Gaming, we continue to strive and heighten the online entertainment experience in our software. We have seen a nice jump in wagers this year and anticipate that the growth of players worldwide will continue to add to the bottom line."

April 29, 2005 – AngelCiti’s Software Obtains Certification - AngelCiti Entertainment, Inc. announced that Technical Systems Testing (TST), an internationally recognized accredited testing facility, whose esteemed client roster includes International Game Technology (IGT), Aristocrat, Mikohn and the Michigan, Massachusetts, D.C., and Ontario Lotteries--to name a few--has certified that the Random Number Generator (RNG) used in the AngelCiti-licensed software is deemed to be fair and random.

TST's fully independent and impartial testing procedures ensure that the software systems and equipment that operate today's most trusted gaming destinations are certified to the strictest standards of technical compliance. Gaming applications that bear the TST seal of certification accord end users with the assurance that the game being played is both random in outcome and fair in operation.

AngelCiti President George Gutierrez stated, "This marks another step in our evolution. Certification of the integrity and fairness of online gaming software is critical because it is important for players to know and understand that they are playing online with the same true odds they would receive in a land-based casino. This accomplishment should assist us considerably in our ongoing marketing efforts."

April 26, 2005 – AngelCiti to Redeem Outstanding Loan and Retire Collateral Shares - AngelCiti Entertainment, Inc., an online casino software company, announced that the Company has reached agreement with its lender to retire the outstanding $300,000 loan under its Revolving Credit Agreement, plus all interest and any other amounts accrued hereunder. In addition, AngelCiti will retire 25.6 million of the shares that had been held as collateral in conjunction with that loan. The result of this transaction will leave AngelCiti with approximately 6.5 million common shares issued and outstanding. The effective date of this transaction is May 20, 2005.

AngelCiti President George Gutierrez stated, "This immediately eliminates all but deminimus debt from our balance sheet and further eliminates the uncertainty of having a large block of shares outstanding collateralizing the loan. This is the first step in our progress toward completing the acquisition of Carib Gaming and we anticipate providing investors with additional information on that transaction in the near future."

Green Baron Conclusion

It’s hard to spin through cable channels on television and not see at least one station televising Texas Hold’em or another poker game with professional players or celebrities vying for the top prize. The popularity channeled to online poker sites such as the leader PartyPoker.com is just phenomenal. The industry has seen some consolidation already, and a leading company like the Prima Poker Network could see suitors and continued huge growth.

The Green Baron Report believes AngelCiti stock will begin a major upswing. Its software has recently received certification to be fair and random, the value of its MDAS holdings is significant, there is strong underlying technical support, a large stock dividend is coming any day, and the acquisition of Carib Gaming should bring revenues and synergies to make AGCI a stock worthy of a better exchange listing. We believe the Company’s attendance a conference sponsored by the National Investment Banking Association less than two weeks ago was likely beneficial to the Company.

Members are encouraged as usual to conduct your own due diligence and call the Company contacts to find answers to any information we may not have covered. The Green Baron Report is confident that AGCI will be another big winner, and provide our members with fantastic profit potential. Summer is almost here, so let the games begin!

Company Contact:

AngelCiti Entertainment, Inc.

Evelyn Fallas – (800)908-9574

Evelyn@angelciti.com

www.angelciti.com

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You can't argue with idiots, they drag you down to their level and beat you with experience.

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osubucks30
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Thanks for that info. I just went to the last 10Q. My other question is why don't the shares of MDAS show up on the balance sheet?

Also MDAS is very lightly traded and it is on the PINKS.

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Livios
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Let's see if we can repeat what they did to PLNI during May.

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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Livios
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AngelCiti Surpasses $130 Million in Wagers
Tuesday May 31, 2:23 am ET


PEMBROKE PINES, Fla., May 31, 2005 (PRIMEZONE) -- AngelCiti Entertainment, Inc. (OTC BB:AGCI.OB - News), an online casino software company, announced today that it has reached another corporate milestone in surpassing $130 million wagered using the company's software since inception 3 years ago.

AngelCiti President George Gutierrez stated, ``As we move forward with many of the corporative initiatives currently in motion, we feel it is important to occasionally take a step back and take note of our successful accomplishments over the past few years. We anticipate having further news regarding some of the ongoing events in the near future and look forward to sharing that with investors as they reach fruition.''

About AngelCiti Entertainment, Inc.

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 online casinos including SharkCasino.com, and currently services casinos in English, Spanish, German, and Chinese. For more information, visit http://www.angelciti.com . AngelCiti owns 3.1 million shares in Midas Entertainment, Inc. (Pink Sheets:MDAS), a publicly traded online poker software company. Recent estimates from industry insider PokerPulse.com note that over $200 million is wagered at online poker sites daily.

This news release contains forward-looking statements regarding AngelCiti's business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the Internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and AngelCiti disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in AngelCiti's expectations or future events. The representations of the amount wagered in this press release is presented as measures of performance for the company that is different from those presented in the income statement in accordance with Regulation G promulgated by the Securities and Exchange Commission and is not to be considered as revenue or a GAAP-related financial disclosure criteria.


Contact:
AngelCiti Entertainment, Inc.
Evelyn Fallas
(800) 908-9574
Evelyn@angelciti.com

--------------------
LIVIOS - A DIRTY MIND IS A JOY FOREVER

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JasonTT
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This does look promising. Anyone else in on this?

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You can't argue with idiots, they drag you down to their level and beat you with experience.

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Livios
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I really like the following PR.
The greenbaron expects some great additional news, maybe we go to a bigger exchange soon.

PRESS RELEASE: AngelCiti Plans to File an Application to a Major Stock Exchange Listing

PEMBROKE PINES, Fla., Feb. 16 /PRNewswire-FirstCall/ -- AngelCiti Entertainment, Inc. (OTC Bulletin Board: AGCI), an online casino software licensor, announced today that it plans on moving forward with an application to the Nasdaq(R) or AMEX(R) exchanges upon the successful completion of its merger with Carib Gaming, the largest land-based gaming company on the Turks and Caicos Islands.

AngelCiti President George Gutierrez stated, "Moving to a major national exchange is the next logical step for our company as we meet the shareholder´s equity and market valuation requirements set by the Nasdaq and AMEX. This move will fuel both the future growth of the Company, enhance shareholder value and increase our liquidity and visibility."

Gutierrez continued, "This application is timed with our merger with Carib Gaming. Carib Gaming owns and operates slot machine locations in several bars, restaurants and clubs. During the past year, Carib acquired the Islands´ second-largest gaming operator, further cementing its position as the number-one gaming company on the Islands. AngelCiti´s acquisition of Carib Gaming will provide the Company the unique opportunity to leverage the benefits of online and land-based gaming to one company."



About AngelCiti Entertainment, Inc.: 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 services casinos in English, Spanish, German, Chinese and Japanese. For more information, visit http://www.angelciti.com . AngelCiti spun off its online poker operations in July 2004 and owns more than 4.6 million shares of Midas Entertainment, with a current market value of over $30 million.



This news release contains forward-looking statements regarding AngelCiti´s business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company´s risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the Internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and AngelCiti disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in AngelCiti´s expectations or future events. The representations of net handle and gross net win in this press release are presented as measures of performance for the company that are different from those presented in the income statement in accordance with Regulation G promulgated by the Securities and Exchange Commission and are not to be considered as revenue or a GAAP related financial disclosure criteria.


OTC Financial Network
Rick McCaffrey, Investor Relations
781-444-6100 x625
rick@otcfn.com

AngelCiti Entertainment, Inc.
Evelyn Fallas
800-908-9574
Evelyn@angelciti.com

SOURCE AngelCiti Entertainment, Inc.
/CONTACT: Evelyn Fallas of AngelCiti Entertainment, Inc.,
+1-800-908-9574, or Evelyn@angelciti.com ; or Rick McCaffrey, Investor
Relations, OTC Financial Network, +1-781-444-6100, ext. 625, or
rick@otcfn.com , for AngelCiti Entertainment, Inc./
/Web site: http://www.angelciti.com /
(AGCI)


(END) Dow Jones Newswires

February 16, 2005 08:03 ET (13:03 GMT)

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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ryerras
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NITE is jumping up and down like crazy. I havent seen him do that on any stock. He is surely trying to kill the stock and get the shares as cheap as he can
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ryerras
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Dont sell guys. This is a classic example of MM manipulation to lure us into selling
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JasonTT
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I'm holding for at least a double here.

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You can't argue with idiots, they drag you down to their level and beat you with experience.

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Livios
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Good days are coming here.

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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Mule
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Traders, I am not bashing I just want to point out that I was in on the last dividend. It was a five for one on midas which was restricted. Which means you can't sell the stock for a least a year or until they release them. Before the divedend record date they said it was not restricted and after they gave out the divedend, they were restricted. It pissed off a lot of traders. Also as soon after the divedend is given out sell your AGCI because it will drop like a rock. I have 732 shares of Midas that are restricted and the year won't be up until March of 2006. So I am sitting on over six grand if they ever release them. I hope it goes to $10 or $12 a share. Good luck

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I never knew a Nickle was worth so much....

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JasonTT
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Mule, thanks for the insight, question for you:
Why would you say agci will drop when the dividend is released?

When you say I hope it goes to 10 or 12 a share, are you talking AGCI or midas?

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Livios
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I assume he's talking about Midas.
Thanks for the comment.
This shows why there is so little volume in Midas.

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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Mule
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Sorry just got in, its 12:15 am. Last time they offered a dividend the stock went from around $1.00 to $2.40. and it settled in at $2.06 the day before the dividend date. When the market opened the day after the dividend date it was set at $1.80 and fell sharpley to about $1.10 in about a weeks time. I think the same will happen. It was released that the stock was worth in the $4.00 range. So I held and finally sold at $1.10. I am talking about Midas going to $10 or $12 a share. I still own 732 shares of Midas which is restricted and hope some day to sell them if they ever lift the restrictions. I would call this Evelyn Fallas and ask her if the dividend stocks are restricted. If she says no or I don't know tell her the last time I got the dividend that the shares were restricted and AngelCiti said before the dividend date that they were not restricted and see what she says then. She is going to hand you a line of BS. Don't get me wrong, I am glad that I have those restricted shares but if they don't lift the restrictions, what good are they? When they do lift it who knows what the price of Midas might be. I think it will be a lot lower than the $8 plus that they are now. Think about it. If they lifted the restrictions tomorrow and say half of the people who have those shares try to trade them ( half of 1 Million shares ) what would they be worth? I rest my case. Maybe I am wrong.
Well good luck my friends. Do your DD before buying.

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I never knew a Nickle was worth so much....

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ryerras
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PR released today

-------------------------------
2005-06-02 07:00:27
AngelCiti Reaches Agreement with Basic Investors for $3 Million Commitment to Finance Carib Gaming Acquisition

--------------------------------------------------------------------------------


>
PEMBROKE PINES, Fla., June 2, 2005 (PRIMEZONE) -- AngelCiti Entertainment, Inc.
(OTCBB:AGCI), an online casino software company, announced today that it has
entered into a Business Consulting Agreement with Basic Investors and has agreed
to a term sheet providing $3 million in funding towards the Company's slated
acquisition of Carib Gaming. Carib Gaming is the largest gaming operator on the
fast growing Turks and Caicos Islands and has operations in 23 locations
island-wide.

AngelCiti President George Gutierrez stated, " We are ecstatic as we take our next key step towards completing our acquisition, which will instantly make the company quite profitable. This also serves as the future model for other similar
acquisitions, for which we have recently been offered as well. Finally, we are
proud to announce that the financing will be upon terms we consider quite
favorable and which will preserve and enhance shareholder value both in the
short and long term. The financing and acquisition are truly landmark next steps
in the positive evolution of our company."

About AngelCiti Entertainment, Inc.

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 online casinos including SharkCasino.com, and currently
services casinos in English, Spanish, German, and Chinese. For more information,
visit http://www.angelciti.com. AngelCiti owns 3.1 million shares in Midas
Entertainment, Inc. (Pink Sheets: MDAS), a publicly traded online poker software
company. Recent estimates from industry insider PokerPulse.com note that over
$200 million is wagered at online poker sites daily.

This news release contains forward-looking statements regarding AngelCiti's
business strategies and future plans of operations. Forward- looking statements
involve known and unknown risks and uncertainties. The company's risks and
uncertainties include: intense price competition, economic, political and
regulatory uncertainties, the need to raise additional capital for growth and
expansion and its reliance on the Internet as a means for promoting the software
it sublicenses. The forward-looking statements contained in this news release
speak only as of the date hereof and AngelCiti disclaims any obligation to
provide public updates, revisions or amendments to any forward-looking
statements made herein to reflect changes in AngelCiti's expectations or future
events.

CONTACT: AngelCiti Entertainment, Inc.
Evelyn Fallas
(800) 908-9574
Evelyn@angelciti.com

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JasonTT
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Excellent PR!

Mule,
Thanks for the post.
Do you think the reason for the price drop after the dividend was in place was because once investors got their shares of midas, they sold agci?
From reading these PR's it seems the dividends will come back into effect in a few weeks. What are your thoughts?

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You can't argue with idiots, they drag you down to their level and beat you with experience.

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Mule
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The First part of your question is yes because investors don't believe that the shares are worth more than $1 and I really don't understand the second part of your question. Also this should be addressed at Stocks over 10 cents a share and not on this board. If you have any other questions I would be glad to help but post it on penny stocks over 10 cents a share

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I never knew a Nickle was worth so much....

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Livios
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I took a first position today at 1.10, today's PR was very nice.
I think we may expect to hear one of these days that they closed the deal to acquire Carib Gaming.

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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Livios
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PRESS RELEASE: AngelCiti Entertainment, Inc. Co-Founder Larry Hartman to Conduct Webcast with *************.com

AngelCiti Entertainment, Inc. Co-Founder Larry Hartman to Conduct Webcast with *************.com



PEMBROKE PINES, Fla., June 3, 2005 (PRIMEZONE) -- AngelCiti Entertainment, Inc. (OTCBB:AGCI), an online casino software company, today announced that Larry Hartman, Co-Founder of AngelCiti Entertainment, Inc. will conduct a CEO Webcast so that shareholders and the investment community can learn more about the current and future prospects of AngelCiti Entertainment. The webcast is conducted by Evergreen Marketing, Inc. and will be available to the general public on June 7, 2005 on The Green Baron Investors Society´s website at www.*************.com.



The CEO Webcast with Larry Hartman, Co-Founder of AngelCiti Entertainment, Inc. will be conducted by Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society. For more information about Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society visit them on the web at www.EvergreenMarketingInc.com and www.*************.com.


About AngelCiti Entertainment, Inc.


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 online casinos including SharkCasino.com, and currently services casinos in English, Spanish, German, and Chinese. For more information, visit http://www.angelciti.com. AngelCiti owns 3.1 million shares in Midas Entertainment, Inc. (Pink Sheets:MDAS), a publicly traded online poker software company. Recent estimates from industry insider PokerPulse.com note that over $200 million is wagered at online poker sites daily.



This news release contains forward-looking statements regarding AngelCiti´s business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The company´s risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the Internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and AngelCiti disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in AngelCiti´s expectations or future events.



CONTACT: AngelCiti Entertainment, Inc.

Evelyn Fallas

(800) 908-9574

Evelyn@angelciti.com


(END) Dow Jones Newswires

June 03, 2005 11:01 ET (15:01 GMT)

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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JasonTT
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That will be interesting to watch. Looking forward to it!

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You can't argue with idiots, they drag you down to their level and beat you with experience.

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cruz
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my concern if the dividend shares 1 midas for every 7 agci will be restricted or not.
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Livios
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http://otcfn.com/agci/AGCIMarketAdvRpt.pdf

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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Livios
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quote:
Originally posted by cruz:
my concern if the dividend shares 1 midas for every 7 agci will be restricted or not.

I'm trying to find out if they are restricted or not.

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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Mule
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This is the same crap they fed me in March. They said the stocks were not restricted and now I sit with restricted stocks. Again this is an UNDER 10 CENTS A STOCK BOARD. PLEASE GO TO THE THREAD ON THE OVER 10 CENTS A STOCK BOARD. PLEASE FOLLOW THE RULES AND I WILL NOT TYPE IN CAPITOLS!!!!!!

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I never knew a Nickle was worth so much....

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Livios
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quote:
Originally posted by Mule:
This is the same crap they fed me in March. They said the stocks were not restricted and now I sit with restricted stocks. Again this is an UNDER 10 CENTS A STOCK BOARD. PLEASE GO TO THE THREAD ON THE OVER 10 CENTS A STOCK BOARD. PLEASE FOLLOW THE RULES AND I WILL NOT TYPE IN CAPITOLS!!!!!!

Sorry to hurt your feelings with posting on the pennystockboard.
Won't do it again because you told me so and because i'm very scared of you typing in capitols.
Concerning MDAS, they went from 1$ to 8$ in a year, not bad for your restricted shares if you ask me.
And yes you can not sell them at the moment, but that is still better then getting nothing.
You better start praying that MDAS does really good business, maybe the shares will be at 20$ when yours become tradable.

Good luck, happy trading and don't get frustrated about it.

Livios.

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LIVIOS - A DIRTY MIND IS A JOY FOREVER

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