I believe now that the origin of Pegasus Gaming is told in the following EDGAR filing for ``Oasis Information Systems``, the company that became ``777 Sports Entertainment``, the holder of all them Chimera licenses you keep reading about.

In short, Clear Water Mining -> Oasis Information Systems -> 777 Sports Entertainment, the umbrella over ``Pegasus`` and its ``customers``.

Here is the link to the original filing from the year 2002:

http://sec.edgar-online.com/2002/05/20/0001096759-02-000008/Section2.asp

This makes great reading. It explains how the original software came to be created and who created it. It describes the origins of what I believe to be the whole Chimera/Pegasus/777 enterprise, purchase by purchase.

Note that the website ``777SportsEntertainment`` is registered to Alexander (``Sandy``) Anderson, the same person listed as Pegasus` Corporate Secretary and Director.

I believe that Pegasus was created to sell software to itself, as operator of a growing number of online gambling sites.

Investment? People, you make the call...