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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 (4698)3/5/1999 12:35:00 AM
From: kbert  Read Replies (1) | Respond to of 6545
 
Gee!!!
I read this post too!!!
ragingbull.com
Quite scary.
I lost part of my confidence in this company.
They look very small and I don't know if they will be
able to grow.
:(

Archie



To: Nittany Lion who wrote (4698)3/5/1999 11:57:00 AM
From: Analyst Scotty  Read Replies (3) | Respond to of 6545
 
Gary, I think your comment really hits on the crux of the issue! I have come across similar complaints by gamblers raised against other on-line casinos (non-WINR affiliated). The fact is, had our anxious gambler friend possessed a WINNERS debit card he could have withdrawn his funds from virtually any bank machine around the world in quick order.

When I asked Kevin Holmes from CFG today when he expected the launch of the WINNERS debit card he told me that he expected it in 1 1/2 to 2 months but advised me to email David Skinner directly to inquire at ( DSKINNER@AUG.COM ). I would encourage all to do so as well.

I also asked Kevin what he thought about an exciting comment stated on this thread that WINR was already profitable. Kevin's response was that WINR is indeed already profitable, owing to its high margins on gambling transaction (around 60-70%)and ecommerce transaction (around 40%), and very low fixed costs. Furthermore, Kevin confirmed that he expected WINR to post a profit for 1Q 1999.

A couple of comments:

1. I think it would be absolutely fantastic if WINR can post a profit in its first full quarter of operations. Wow!!

2. Although I like to share the information I have received by Kevin, I do not accept such information as "holy gospel." The ultimate WORD on WINR, imo, will come with an unqualified auditors opinion.

3. Ok, the company has low overhead! Hurray! The downside, of course, is that our strapping CEO sometimes has to tunnel his way through an Austrian avalanche to send out a few wire transfers! Point is, I don't believe that an avalanche is going to wipe out the Cyberlink Trust, and of course once Mr. Debit Card is up and running WINR will be basking in the sun! Imo, once the WINNER debit card is up and running, WINR will really start to roll!

Best regards,

Scotty