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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Nittany Lion who wrote (2600)12/6/1998 8:29:00 PM
From: Ed Pettee  Read Replies (1) | Respond to of 6545
 
Gary,,

Glad to see you on the Winners thread, I am sure you will bring the same in depth research to this as I am use to with you on a couple of other threads.

As you may have read, since the original announcement of operations there have been some promised start-up dates that were missed for one reason or another. (Even a hurricane in the case of Interbet) Now the Company has decided to not put up any timtables and this is causing frustration with those who are not patient. The Web sites have been under constuction the last couple of weeks and best guesses are that we are on the edge of announcing operations. A lot of the history I assume you may have read in Mr. Millers DD. By the way he became frustrated with the waiting and moved on. There was a Conference Call with David Skinner on June 3rd which is recapped on post #239 , I have a hard copy (12 pages if you want it sent). The license fee of $100,000 and its annual renewal of $50,000 have stayed pretty constant. There seems to be some difference on the % of revenue in and out . This started out at between 0.5% to 2.0% with an average of 1%. Post #25. also post #246. There has been very little direct communications on specifics from the Company.

David Skinner spoke at a leading Conference on Internet Gaming in New Orleans(about 11/1) and was very well received. He was invited to speak again at a Conference in Wash. D.C. on Nov 29 time frame to explain the safe guards of the system , and he had to decline based on other committments.

Any way you cut it the Revenue projections become quite staggering if the number of locations we are talking about come about. And because of the high margins the bottom line come out real well.

<Off Topic> Will you be on the 10:00 Pm NRAG chat cc this evening.

If I can help on Winners let me know.

PS You are correct as a debit card Winners expects revenue from other sources.