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 (4439)2/7/1999 4:42:00 PM
From: BacN4th  Respond to of 6545
 
Ed,
I tracked you fairly close in what Skinner had said. I am glad for the confirmation of what I had somewhat visualized what they have been doing lately which was "running around" signing up new sites. I got the impression from his opening statement that he was looking beyond the gaming sector to direct the company's efforts. How he plans to pursue this I would be interesting in knowing. Not just the part of stating we going into "e-commerce" but what part, how marketed etc.

The fee part (5% and 2 1/2%) was, as you stated, different from earier posts and I am not sure the impact, if any, this will have on revenues (since we haven't see any) so I will hold back any opinion. That goes the same with the comment about the $50,000. per site as well.

I have been curious about number of sign ups (1500) but would like to know if that is "knocking their doors off" as well as signing new sites. To me the number of Cards is the deal. I would like to see them get extremely aggressive in this area.

He was careful on his "future forward looking" statement as to where the company was going relative to revenues etc. He backed up earier posts concerning coming out with frequent news.

Overall I liked the interview but will closely watch progress on the distribution and growth of the numbers of "debitcards" issued.

Thanks,
Bac



To: Ed Pettee who wrote (4439)2/7/1999 4:44:00 PM
From: Nittany Lion  Read Replies (1) | Respond to of 6545
 
Ed,

Thanks for the recap.

There has to have been a change from 4% in and 4% out we had been told previously? Or are different contract handled differently?

As recently as last week, the TISS sites were charging the "customer" 4% in and 4% out, i.e. I deposited $5 and was only credited $4.80 and when I transferred back the amount was 4% less than I requested. Of course, this is the amount the TISS sites are charging the customer - that doesn't necessarily mean that this is the same as what WINR is charging the vendor (TISS).

Gary