Good Morning to all, I am new to this thread and hope
to get to know some you. If I make some mistakes or
start to go a stray, I hope that some will have the
forthright to guide me down the right path. I NEVER
spam threads, ALWAYS look forward to challenging
discussion, supported by facts and have very little
tolerance for bad language and defaming of one's
character. I hope to contribute to this thread when
time allows.
I think this company fits your criteria of and E commerce
company leading the pack into a new way of doing business.
I am a private investor only, for 7 months.
I have provided a link to the thread, of whom you will find
some very astute investors who have done exhaustive research
of the facts, very knowledgeable and quite willing to discuss
any questions that you might have.
This is an information Post assembled by the thread initiator
Mr. Miller (Private Investor) who tends to have the ear of the
CEO. Mr. Skinner(CEO) knows that Mr. Miller post all on SI and knows
the cause/effect that misinformation can have on a company at the
early stages. Not to mention Mr. Miller is obviously intelligent
in his own right and is to be commended for the consistent
display of many facts about this company.
To: Mr. Miller (1601 )
From: Mr. Miller Tuesday, Sep 29 1998 11:16AM ET
Reply # of 1689
WINR is Winners Internet Network, Inc.
Most recent information:
WINR had been setting up their system with interBet to be the first to use the system officially: (http://www.interbetcasino.com/). Unfortunately, due to the circumstances surrounding Hurricane Georges, WINR will be moving forward with contract negotiations with other operators who had been waiting for WINR to complete their interface with interBet casino. This opens the door for WINR to complete their previously negotiated deal with TISS. In addition, there is information from previous conversations with David Skinner, Jr. that more than 50 operators have been in contact with WINR regarding use of the system. In addition, David will be speaking about his product at a conference in New Orleans at the end of October which will be attended by several hundred operators. It is certainly an exciting time for WINR.
Background
WINR launched their internet e-commerce software solution for the world of online gaming Monday, August 31, 1998. The solution is expected to be THE standardized payout system for an exploding online gaming industry. This system will offer several unique benefits. One benefit is the availability of a debit card for easy, immediate access to any winnings and cash in the established account to be held by arguably the best financial institutions in the world. A second benefit, it will accept almost any form of currency. Uses of this debit card will extend from cash access at ATMs(300,000+ sites) to general buying power online and onland where VISA, MC, AMEX, Eurocard, and the Diner's Club cards are accepted, practically anywhere in the world. No other internet payout system offers these capabilities.
WINR has four means of acquiring revenues. One and two, it receives revenues from each wager or transaction that is made into and out of their system. Three, they will receive revenues from the interest that accrues while the bank account holds cash for use. Four, they are paid a yearly licensing fee for use of the system with each individual internet casino site(so if an operator such as interbet has two sites, WINR gets two fees/year every year). Profit margins are expected to be 70%-90%.
WINR homepage:
winr.net
Related e-commerce site:
shoppingdowntown.com
WINR is not an internet casino.
WINR has 13.0 million shares outstanding and 5.4 million in the float. FY is calendar year. Insiders own over 62% of the stock.
Contacts
1)David Skinner, Jr. 1-800-358-4242
e-mail--->dskinner@aug.com
He is the President and CEO of WINR.
2)Dr. Reinhard Proksch: e-mail--->reinhard@proksch.com
He is the managing director of the Cyberlink Trust
Links to Press in chronological order from most distant to most recent:
Message 4356135
Message 4351736
Message 4351763
Message 5452027
Message 5452036
Message 5452038
Message 5452046
Message 5452050
Message 5452052
Message 5452062
Message 5452070
Message 5630109
Message 5724079
www4.techstocks.com
Information about Dr. Proksch:http://www.proksch.com/PARTNER.HTM
Dr. Proksch will be the managing director of the system, and
he will be paid a percentage of the interest which
accrues in the accounts being held in Trust by the CMS for the
corresponding clients.
The affiliated banks have assets in excess of $400 billion and include the following:
llb.li
commerzbank.com
lgt.li
Good luck and welcome.
Mr. Miller
I look forward to seeing some of you on the other
thread. I hope that now takes offense for my post.
I feel that this is one of the pioneers in this
new world of business and should not be overlooked.
Best Regards to all
WB
|
