OK, got laughed off BigTex's board with this...what do ya'll think?-->
WSMI.com's Billion Dollar On-Line World Wide Charity Lottery
TORONTO, Sept. 14 /CNW/ - World Sports & Music Inc.-
WSMI.com(CDN:WSMI) is proud to announce it has been contracted to develop and market a global on-line charity based billion-dollar global lottery on behalf of the Honorable Prince Attila Alperen Han I. of Alperin Investments. WSMI.com will host this international lottery on a website that will be announced later this fall at an international press conference outlining ticket sales and charitable recipients. The first draw for the billion-dollar lottery will be targeted for April 23, 2000 (International Children's Day).
The lottery winnings will be paid in US funds and there will be two draws annually of one billion dollars US. All profits derived from ticket sales will be used to fund worldwide charities and recognized non-profit organizations. The prize money will be held in trust that will be managed by a third party auditing firm. Honorable Prince Attila Alperen Han I. of Turkey and the Turkish Royal Family believe that this philanthropic venture will benefit many needy organizations around the world, providing necessary funding and assistance while creating the chance for ticket winners to become extremely wealthy
through a regulated semi-annual on-line lottery.
WSMI.com's role in this international lottery will be to develop and
manage state of the art interactive websites and act as the on-line ticket window for sales to a global audience. WSMI.com will create mirrored sites in 21 different languages for people on all continents to have the chance to participate in the billion-dollar lottery (subject to gaming laws in certain countries). Due to the amount of traffic anticipated on the site, many major advertisers are Interested in purchasing banner space and WSMI.com will handle all of these transactions including the management of the database for everyone that visits the site. The expected daily traffic for the billion dollar lottery site will be just over 1 million unique visits per day making the website one of the most active in the world.
WSMI.com will also host and develop an on-line auction site and e-store on the billion dollar lottery site to give visitors and ticket buyers the ability to buy and bid on unique products that will be donated from individuals and corporations from around the world.
Paul Gorman, Vice President of Communications for WSMI.com, explained,
''Although many details can not be released at this time, the international press conference will be a venue for the world to be brought up to speed on the world's largest lottery. As soon as the prize money has been put into an irrevocable trust, WSMI.com will announce the press conference date. At the risk of making a gross understatement, WSMI.com's spearheading of this massive campaign will dramatically increase our presence in the on-line and e-commerce
world, while allowing us to participate in a charity program that will benefit many worthy causes.'' Revenues for WSMI.com from this project will be generated from the database management, auction sale commissions, advertising sales and ticket sale commissions. This agreement between WSMI.com and its strategic partners is for 5 years and runs until the end of the year 2004. WSMI.com specializes in on-line marketing of sports and entertainment collectibles merchandise. WSMI.com licenses 'turn key' on-line auction sites and e-tail stores to help traditional business establish an on-line presence through strategic alliances. WSMI.com is a charter member of the Internet
Marketing Consortium and further information on the Company can be found at wsmi.com World Sports & Music Inc. - WSMI.com is a publicly traded company quoted on the Canadian Dealing Network (CDN) under the stock symbol CDN: WSMI. As of Sept 14, 1999 there are 33,994,009 shares issued and outstanding in the company.
newswire.ca
>> WSMI closed today at $0.34 cents cdn!<<
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There is much, much more to this little Canadian company than this so I sincerely believe it deserves some serious looking into. I've been following this company for several years so maybe that's why the above announcement is more believable to me than someone who's first exposure is this very "fantastic" sounding News Release. This is a real company soon to be listed on at least the OTC-bb. I'm looking for a hundred bagger! Have I flipped?
stockhouse.com
chart.canada-stockwatch.com |
