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To: Codee who wrote (1701)10/5/1998 1:44:00 PM
From: Tom Frederick  Respond to of 6545
 
Codee, I would assume that the two main sources of revenue for now, being software fees and percentage of transactions, are both tied to a final contract. Did Interbet already pay the user fee to set up, even though the system is not "on line" yet? Also, is TISS already contracted to lease the software and therefor has THAT fee been paid, in which case the only thing left to do is deliver the system and get on line, right? If this is not correct, someone please clarify.

Whichever the case, revenues with a capital R, will commence once any of the deals is completed with either Interbet or TISS on line and collecting bets with the WINR system.

Does anyone know of any additional revenue streams?

Does anyone know when we will know of some time frame for TISS to get on line?

Tom F.