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Casino Royale Sale Finalized

3 October 1996

SPOKANE, Wash The long-rumored sale of Funscape's Casino Royale site has been finalized. Imperial Energy Corp. (IMPN OTC Bulletin Board) announced September 26, 1996 that it has acquired 100 percent of the issued and outstanding capital stock of Funscape Corp., a close Nevada corporation, through the issuance of 2.6 million common shares.

Funscape Corp. is the owner of CASINO ROYALE(TM), an Internet Virtual Gaming Casino which allows players worldwide to actually participate in the thrill and excitement of Las Vegas, Atlantic City, and Monte Carlo style gaming with potential to win cash prizes. Beta testing has been successfully concluded and for that reason, the company expects to increase its Internet links one hundred fold during the next 12 months.

Towards enhancing the amount of "Funbucks" played daily, the company is developing a public relations and marketing program to inform the 40 million daily Internet users about "CASINO ROYALE" and its realistic and exciting contests. "CASINO ROYALE" has received rave reviews from constants and critics. The Internet address for the casino is http://www.funscape.com.

A random sample of the daily activity at "CASINO ROYAL" indicates that of the $8,352.50 in "Funbucks" played, pay-outs average 70 cents on the dollar leaving 30 cents on the dollar for a prudent loss reserve, payment of operating expenses, taxes and dividends.

The number of transactions handled during the random sample represents less than 10 percent of the capacity of the system's potential once the redundant system is fully operational. To fully service the potential domestic market of 26.6 million contestants would require an additional 93 redundant systems.
Source: Business Wire

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