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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 21 9:30 AM EST

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To: Lou Farrell who wrote (2592)12/6/1998 6:48:00 PM
From: E. M. Edds  Read Replies (1) of 6545
 
You are assuming, I think, that the gambling sites must be up and running and then incorporate WINR before WINR will be up. However, WINR could choose to be up first, which could/would allow the gambling sites to more comfortably and intelligently choose to incorporate WINR.
From the responses I've read so far, it would be cheaper for both the gambling site and gambler to use WINR system, and would allow the gamblers who come out ahead easier and more timely access to their winnings.
Another question: for non-gambling uses (flowers on-line), would WINR charge the florist up front for incorporating the WINR system? What costs would these florist incur in setting up a system utilizing WINR? The question is how many non-gambling sites would consider the up front costs acceptable (licensing fees and any set up fees)? Or, is it functional on regular credit card or internet systems already?
The last question is how many people wanting to buy flowers would want to put in the extra effort of establishing a WINR account, when they could just buy flowers with a credit card with much less effort.

The utilities of the WINR system in gambling is becoming clearer to me now, although any extra insight would be useful. Credit cards charge 5%, WINR charges 4% both in and out (to total 8%). Do credit cards also charge both in and out? I'm assuming the gambling sites would be able to decrease their in house expenses on money management with WINR. How many states to present allow internet gambling? I know my home state has made it illegal, and assume many (if not most) will or have already done the same to ensure that any gambling is state-run and therefore the money stays in the state.

Finally, as to the timing of WINR's grand opening, did Skinner indicate in his interview or at any other time a general time frame (such as "by the end of the year" or "in the next several months" etc)?

How much of the current price of the stock represent run up due to rumor of WINR's opening last week? What was it before such rumors?
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