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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (15791)9/28/1999 9:49:00 AM
From: Whisperer!  Read Replies (1) | Respond to of 52051
 
649.COM INC. (ABET)


COMPANY INFORMATION
649.com Inc. is a high tech company dedicated to giving lottery players access to a simple, easy to play instant draw lottery over the Internet.

Lottery excitement has swept the globe. Combine this excitement with the global reach of the Internet and you have yourself a winning combination. 649.com Inc. has realized this and has set forth to provide the world with a dynamic, instant draw, online lottery game. Countries worldwide have initiated lotteries realizing the scope, demand, and profit potential. The appeal and popularity of the lottery, responsive to the chance of winning, has blazed a new frontier on the Internet. Multi-Million dollar jackpots make it difficult to resist the opportunity to win big.

The business of 649.com Inc. is to develop and operate a unique method of playing 6/49 lottery on the Internet and on stand-alone video lottery terminals. The concept is based on the player selecting 6 numbers out of 49. Immediately after this selection is made, an instantaneous draw takes place on the players screen. Prizes will be paid on matches of 3/6, 4/6, 5/6, and 6/6.

A match of 6/6 will pay the jackpot prize of 5 million dollars. When the jackpot is won, it will be automatically replenished and available to be won again. (jackpot will be insured.)

649.com Inc. wants people to be able to enjoy playing the 6/49 based lottery from wherever they have Internet access. For instance the privacy of their home, office, or while on a cruise.

For people residing in jurisdictions where online gaming is frowned upon, 649.com, Inc is planning to offer a "free play" area. Where permitted, a player may access the "free play" area of the Website and still have an opportunity to win a major prize, such as a luxury automobile. This prize will be paid for from targeted banner ad revenues.

649.com Inc. is creating a fun, interactive browser based gaming platform that promises to be fast and easy to use. (no downloads)

The web-site is now open and may be accessed at 649.com. Mindquake Software, Inc. is designing the lottery software, and 2BCreative is designing the Website. Beta testing will take place in the near future.

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INVESTOR HIGHLIGHTS

PATENT PENDINGS FILED COVERING CONCEPT OF INSTANT DRAW AFTER EACH BET.

VIDEO LOTTERY TERMINALS WILL GIVE OPPORTUNITY TO INSTANTLY WIN $1 MILLION.

PLAY FOR FREE AREA WITH CHANCE TO WIN MAJOR PRIZE.

TROUBLE FREE INSTANT ACCESS WEBSITE.

NO SOFTWARE DOWNLOADS

PLACEMENT OF SERVER IN OFF SHORE LOCATION

EFFECTIVE MARKETING AND TRACKING OF WEBSITE.

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FINANCIAL INFORMATION

The Industry the company is involved in is Internet Commerce. The Target Market is International Internet Users. There are 250,000,000 Authorized Shares. There are approximately 19,975,650 shares outstanding. The Active Float (common shares) is 500,000.