Good questions Tom.
WINR has four means of obtaining revenues. Percentage of transaction fees will vary, going as high as 4% I have heard David say. Your question on license fees is the source of my disgust with CFG. WINR has not received any money from anyone for any licenses at this time.
I have sent an e-mail to David with several questions. I will post what I get. David is in town today, but he is sick with a URI(upper respiratory infection).
As far as I know, WINR is moving ahead with getting TISS connected and moving forward with all the other operators that are interested, but I do not have information about what stage they are in with each of them. Some could be in the initiation stage, some in the middle, some nearly done. I have to think that TISS is one that is nearly done. I await news, but I will post pertinent info from David.
Patience is key here. Our product has only been available for a short time. interBet was promised in the contract to be first, so WINR put forth their effort this month for them. They are "out" for now, so WINR is moving with their product to others.
Believe me, we are not alone in our frustration with getting revenues going. CFG wants it, david wants it, Proksch wants it. We have been here a long time, but I admitted long ago, that I got in perhaps too early. Our product was finalized less than 40 days ago. 40 days. Is that enough time? I say no. They are young, they are new, they are going to make some mistakes, but the future is as bright as ever. Online gaming is getting attention(thanks to Sue Schneider) and still growing, rapidly.
70 cents or 50 cents or a quarter is a joke compared to the long term of this company. I do not feel in any way that we will go under. With this in mind, I look forward to a long, prosperous future with David et al.
Miller |
