SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pettee who wrote (3648)1/4/1999 11:26:00 AM
From: Provocateur  Read Replies (1) | Respond to of 6545
 
I don't recall whether they publicized the profit margin they expect. In my discussions, they have taken the 50% level as a conservative estimate. Others on this thread have been more bullish, seeing 80% to 90%. In terms of distributors being paid as they sign up contracts, I assume you are referring to Vaudeville, TISS, Access, etc. My main concern was that the licensing fee was going to be their cut as they sign up customers. But I have been told that won't happen. So I must assume, there is some other arrangement yet undisclosed. Probably some tiny form of profit-sharing. I will try and find out. As for getting the ball rolling with the SEC and NASDAQ, I was told they will start by filing some paperwork this month.

Prov