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Non-Tech : CAOL: The Chinese AOL and Internet Lottery
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To: gizmo&jack who wrote ()5/25/1999 12:23:00 PM
From: Khris Smith  Read Replies (1) of 720
 
This is in regard to a question I sent Brian:
Hi Khris,

At this time the kiosks will accept cash only for the purchase of lottery
tickets.

With respect to the sale of other items, this is from a previous response:
The strategy of the Company with respect to the lottery kiosks is to create
a name brand/image across all of the kiosks as they are acquired. The
kiosks will, as permitted by municipal, county and other regulatory bodies,
sell additional products such as newspapers. As a
name brand and image are established we also believe that it may be possible
to generate advertising income. In our business plan we are not assuming
any revenues being generated from the sale of additional products or from
advertising income.

Best Wishes,

Brian
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