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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN
ADVV 0.7500.0%Sep 27 5:00 PM EST

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To: THOMAS GOODRICH who wrote (213)5/24/1999 7:03:00 PM
From: Michael Graham  Read Replies (3) of 483
 
Ok, so the 15% of gross wagered is the "net win" which is more or less the net income. But WorldNet's 50% take of the net win is taken out of that 15%, right? So CSIN's actual take will be 7.5%? Or is CSIN's 15% already have WorldNet's portion taken out. I don't so because that would mean that CSIN's net win would be 30% and I don't think it's that high.

Is the above correct? Is CSIN's actual take 50% of the 15% net win?

Thanks,

Mike
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