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

To: Analyst Scotty who wrote (4435)	2/7/1999 2:17:00 PM
From: Ed Pettee	Read Replies (1) \| Respond to of 6545

Here is more on the interview with David Skinner: Qest; You have been in business for only 5-6 weeks. Skinner:We started in Mid December. We have been developing the software program for 1 1/2 years. He stressed " We are a financial software on-line processing company. The only company that he knows that can process Visa,Master Charge, AMEX, and Discover Cards for our customers to deposit funds into their Winners account.He stressed that we are not a gambling company per se . He mentioned his early background of working with Sports Books via 800# 's. He also stated that we look for blue chip companies to sign up, so that the customers can feel certain that they are with quality Gambling houses and not fly by nights. He was asked if these are off-shore companies , and he answered yes and listed about 5 off-shoe locations. Asked How this works with the customers money: Skinner described how the funds are deposited with the Trust in Liechtenstein and the safety of those funds. He stressed the safety of the customers funds. That the bank has been around since 1954.The customer can select any of the Casino's or Sports Books and play their games. He can also move the money around to the other Casinos. He further described how the customer gets his money out within 24 hours by way of a wire transfer, or cashiers check. However he mentioned the Debit Card now being set up with a Bank.When this is in place the customer will have instant access to his funds thru 300,000 ATM machines in 117 countries. Asked what kind of games: Response: All types that would be found in a normal Casino, and he ticked off about 5-6, including Poker and Texas Hold-um. This prompted a question on whether you can play Poker with other people from around the world . The answer was yes on one site, in a Poker Pit , you can play against other people from all over the world. He mentioned that we currently have 8-Casino's 7 Sports Books and another Casino and a Lottery coming on line soon. On the question of how we make money: he stated we have 4 ways. One an in-processing fee of 5%. Two an out-processing fee of 2.5%, Third We receive a one time $50,000 licensing fee for the length of the contract, and fourth we receive interest on funds held in the Trust. I will add a second post.

To: Analyst Scotty who wrote (4435)	2/7/1999 2:54:00 PM
From: Ed Pettee	Read Replies (1) \| Respond to of 6545

Continuation of Interview: Question asked on how we are doing so far?: We had 200,000 hits on the Web site the first month, these resulted in 1500 registered users. Question on what are you doing to market this concept?: We are marketing basically through the Gaming industry.A few companies have made inquires about utilizing our financial services for on-line business services. This is because we have a currency translation table that allows us to convert currencies to any denomination, and we are set up for Euro-dollars as of Jan 4th. We anticipate business from the E-Commerce side. Question: What do you see as your major challenges? We don't have any major challenges. Every thing we set out to do in our introduction was accomplished. My only concern is that we can't hook up fast enough all these customers that come to see us. <<This answer concerns me. I never met a young developing company that didn't have some challenges. >>> Question--What about the size of the market and do you have any estimate of the kind of dollar volume that could run through your Company? <<Listened to the answer to this three times and no specifics>> Skinner --The Govt. estimated in 1998 ,the size of the Internet Mkt at 200-300 million. They stated that by the year 2000 it would be at 2.0 Billion. Currently it is estimated at $500 million on the internet, and it is growing every day, and every day as we receive more and more customers coming into our site, we anticipate tremendous growth over the next 2-3 years.

To: Analyst Scotty who wrote (4435)	2/7/1999 3:49:00 PM
From: Ed Pettee	Read Replies (2) \| Respond to of 6545

Interview ; A few questions left unanswered ; There has to have been a change from 4% in and 4% out we had been told previously? Or are different contract handled differently? What happened to the $100,000 license fee, it now seems to be $50,000 , which is in line with the last two contracts. There was an annual renewal fee talked about earlier, here he states "per each contract". Of course if the contracts are renewable on a year or two basis that would indicate more revenue. I listened to the tape 5-6 times and couldn't pick up any mention of a transaction fee, did this come from some other source? I have a high degree of interest in when the first financial statements will be filed with the SEC, so we can start to get a handle around what the revenue looks like in relationship to the registered users. It sounds like David is very pleased with the sign up to date. It is significant that he said "tremendous growth over 2-3 years". People who are looking for 2-3 months action may not have the patience to wait it out. The other issue is the quality of the registered users. Are they small dollar participants or big hitters. I imagine as we get out 6-9 months we will be able to determine the average dollar's processed "in" the system and "taken out" by the average registered user. The names of the different countries mentioned by Skinner of where these 1500 users were coming from was kind of impressive. Of course when he mentions Malaysia, and Australia , I am dreaming of some kind of Multi-Millionares with big bucks, but it may be just the opposite. There was confusion on my part of David's comment on the interest we receive on the funds in the Trust. The questioner asked if we can invest those funds. David said yes, but made a point to say not the customers dollars since these have to always be safely secured. This would mean Winners funds only, which would seem be much less if the customers funds are excluded. I believe the debit card and signing up of customers for the business use of the system could produce significant revenue. I do think that Gary's comment on the amount of awareness out there for this company is key. As a start-up development company, with no financial filings and no listing it's hard to get a lot of awareness. However, if the revenues are impressive and the margins are as we have been told, it shouldn't take long to get recognized. There is really a lot of potential, if our distributors meet their annual goals of I believe 55-60 location sign ups this year , and the registered users climb in conjunction with the new sites. Any comments on my reading of the interview different from some one else would be appreciated.