| An SI Board Since January 1999 |
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IGNIF |
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Website: ignwin.com
IGN Internet Global Network (IGNIF: OTC-BB, IGN: VSE) is a well organized, dynamic company with a diverse presence in the Internet/E-Commerce arena. Not only do they have one of the highest rated On-Line Gaming sites but also boast several other non-gaming commercial sites of extraordinary promise. The following is taken from a promotional write-up by the Wallstreetdaily (http://www.wallstreetdaily.com):
IGNIF has developed a strong corporate structure consisting of five (5) operating subsidiaries. Each of these groups operates as independent companies with their own revenue source and profitability targets.
The main focus of IGNIF is to position itself to take full advantage of commercial opportunities throughout the Internet. Winstreak Internet Gaming, the most developed of IGNIF's subsidiaries, operates "Casinos of the World" an Internet gaming site which offers a complete line of casino style games. (http://www.casinosoftheworld.com). Winstreak has three (3) other operating divisions, SHARC, WinSport and Powerlotto.
IGNIF has its own Internet financial services company known as INTERFI, (http://www.interfi.com). All of the advertising activity for IGNIF and its subsidiaries is conducted by another IGNIF company called VantageAD, (http://www.vantagead.com). In addition, IGNIF is developing a well conceived shopping site called ShopTrek,(http://www.shoptrek.com). The last operating company is IGN Broadcast.(http://www.ignbroadcast.com) which offers online broadcast services. It provides Internet based digital audio/video content.
In analyzing IGNIF one is forced to look at other public companies that are also active in the Internet Gaming Industry and to compare what they offer to IGNIF. In comparison, several companies actively promoting Internet Gaming sites have enjoyed dynamic market activity; with one reaching a high of over $25.00 USD. Predominantly these companies focus on Online Gaming with little or no diversified business activity. IGNIF's successful casino operation, (http://www.casinosoftheworld.com) if analyzed on its own merits,is clearly worth strong consideration. However, when looked at as part of IGNIF with all of its other Internet business based activities; several starting to produce revenues, the investment opportunity is very unique and the growth potential is substantial. Therefore, it was because of this research that WallStreetDaily chose IGNIF as its Stock Pick for January.
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