posted
Research this stock tonight and it will blow you away. PrizeWise, their new product which will be launched May 7th and their existing products are awesome....don't miss your Opportunity to buy at these levels, you will never see them again. Be informed read their headlines and check out their financials.
posted
Hard to do DD on this one, their website doesn't appear to load. Looking at the charts, its way oversold at this point. What are some other opinions? It actually has revenue and looks like a well run company. Would have to see what the product is. AAC is holding strong at .80 (as the "next" ebay)
Posts: 85 | From: Pendleton, OR USA | Registered: Apr 2004
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posted
I don't follow this one closely so I have never heard of PrizeWise. Can you give us an explanation as to what it is and does it somehow compliment their patch products, gun sights, etc?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
"prizewise'people put up products,cars,tv's,anything ,then they sell raffle tickets to anyone for a buck,i think,the seller gets a certain price,one lucky person gets the product,they have some pretty nice stuff,like a 64 restored chevy,that caught my eye,hard to say how the public will take to this,but who knows,you can go to website an check it out,its up,but does not launch till 5/7/2004
Posts: 72 | Registered: Mar 2004
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posted
Upside, Prizewise is like ebay. Except that you purchase $1 raffel tickets instead of an auction. You can purchase more if you like but you only have to get one to win the product. To sell, you set your reserve i.e. 20,000 for a 15,000 car and then they sell the chances to win. Once they sell 20,000 tickets the selling is stopped. Then they raffel, pull one name and contact the winner. Prizewise then pays the seller, not the winner. The only down side I see is that you may want too much money for the object you are selling and your reserve will not be met. I don't know what happens to the $ already paid for that object. But the Upside (scuse the pun) is you have the opportunity to pay one buck and win something like a car. Big payoff. Sorta like many penny stock.
posted
Thanks for the replies! Sounds like an interesting idea, I just wonder if the company is taking a new direction or is this some kind of weird synergy?
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
i got in this because of the patches,prizewise came along a bit later,i look at it as xtra iceing on the cake,while waiting for gov.contracts for patches,who knows maybe this could take off in the meantime,
Posts: 72 | Registered: Mar 2004
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posted
Thats a brilliant idea. But unless they have inroads somewhere or the dough to generate the traffic it needs, it wont succeed. To get 45000 people to pay the $1 to get in the raffle, they will need somewhere in the range of 250-300K hits (at their current buy/hit ratio). And actually probably much closer to 1 million. That takes teaming up with the like of Yahoo, AOL, Bravenet etc... which has a very large traffic base to pull from. Just my analysis.
Also curious how you patent a raffle (even if it is in electronic format).
Posts: 85 | From: Pendleton, OR USA | Registered: Apr 2004
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posted
You can Patent a technology like Priceline did...Consider that Compass Capital Group provided a commitment to provide $5 million in capital funding. Apparently they believe in the company, and one should follow the smart money..
Posts: 21 | From: Greenwich,CT | Registered: Apr 2004
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posted
Went to there website today. their website Sounds like a good idea but what happens if they dont sell the min. required tickets. Does it stay open until they do. If so they may never raffle anything off if the website doesn't take off.
Posts: 9 | Registered: Feb 2004
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posted
Im in on this. Well diversified company and prizewise could be huge, I liken it to a lottery. I mean, I will spend a buck for a chance to win a 200K house. With 1 in 400,000 odds its much better than the lotto I would think.
The commercial they plan to run is well done to, make sure you take a look at that.
posted
Guys!! Don't get too excited about it. It may be a good Idea, But! If you look through the Items for sale at Prizewise.com You will see that 98% of the Items have NO TICKETS Bought!! no one is buying into it? thats the sad part. I think it will be a Dot com Flop..
Posts: 248 | From: Schenectady, NY USA | Registered: Aug 2003
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posted
the site is not ready to launch yet,no tickets are supposed to sell till 5/7 2004,that is launch date,i'm not saying it will be big ,but at least wait untill 5/7 and see how it goes ,
Posts: 72 | Registered: Mar 2004
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You have 185 days to accumulate ticket entries for your item. If in that amount of time you do not reach the target number of ticket entries you have requested, the raffle will be closed and tickets will be returned to all buyers.
After your raffle has closed due to insufficient ticket entries, you will have the option to relist the item and start a new raffle.
Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
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21st Century Will Report First Quarter Profit Thursday April 29, 8:30 am ET Second Profitable Quarter In Succession
LAS VEGAS--(BUSINESS WIRE)--April 29, 2004--Alvin L. Dahl, the Chief Financial Officer of 21st Century Technologies, Inc. (OTCBB:TFCT - News) has reported to management that the Company will report a net profit from continuing operations of $877,090.00 for the First Quarter of 2004. "This will be our second straight profitable quarter," stated Mr. Dahl. "It fulfills earlier predictions of profitable operations becoming the rule rather than the exception at 21st Century. Continuing profitable performance by the Company will reflect itself in increased shareholder value. Shareholders can look forward to profitable operations in the future, as the Company continues to execute its operations business plan as a Business Development Company." Kevin Romney, CEO, stated that he is very pleased by the Company's first quarter results. "We shall continue along the path that has been planned. Look for future expansion further broadening of our business base."
21st Century, a Business Development Company pursuant to the provisions of the Investment Company Act of 1940, has several companies in its portfolio, including Trident Technologies, Inc., Innovative Weaponry, Inc., Paramount Multiservices, Inc., and PrizeWise, Inc. Other acquisitions are being actively pursued.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
Looking good today. What do you guys think this will be next quarter? $1? thats my unscientific though.
Posts: 163 | From: Colorado | Registered: Apr 2004
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posted
up more, moving and breaking yesterdays volume, 3 days in a row of higher volume!
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
I'd love to get in on this while it's still low... damn Ameritrade and their 10 day hold! Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
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posted
is anyone worried about the 17% that they take off of the top being an inhibition for many buyers/sellers? not sure what to think here Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
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posted
I'm not really concerned about their 17% fee since most sellers will receive a higher selling price than they would on ebay. Also they have a novel idea where 1% of the gross sale goes to the charity of your choice. Think of the money they will make just on the float (holding money) alone. People purchasing tickets need to buy 15 at a time which PrizeWise has immediate access to collect interest on these dollars. The item is not raffled off for say 1-2 months or even longer for major prizes, this can potentially be millions in their bank account earning interest. This can be a big Opportunity for those of us that buy in early. If this concept takes off, you will become a wealthy person, even if they struggle, they can partner with Google or Yahoo or even ebay,,,,,,The Potentional is Great. What do you have to lose a couple grand, its peanuts compared to the upside….The company has been around for quite a few years and has other products to support its financial obligations and it just reported its 2nd consecutive profitable quarter…..Compare this to the other stocks people are recommending, some of which do not have any revenue stream….Just remember Opportunity doesn’t knock often… Posts: 21 | From: Greenwich,CT | Registered: Apr 2004
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posted
The 17% doesnt scare me because you "should" be gaining double value on whatever you are selling. I was actually thinking of getting rid of my house this way, I would be happy to pocket an extra 100K or so.
posted
I didn't notice the 1% to the charity of your choice thing earlier. I have to look for that again, but I like that idea a lot, and thanks for pointing it out. Just that one point alone, properly exploited in advertising will get a lot of people to go prizewise instead of ebay. The key will be the advertising, obviously. One of their early PR's on this said something about a strong campaign concurrent with launch, and that will be crucial. I like their sample commercial, but I can't wait to see more ads produced which accentuate their unique platform, the 1% to charity angle, etc. I agree, their set-up is just different enough from the others that I could see a successful non-threatening partnering with one of the big boys being beneficial to all (someday). My email to them asking for any info on airdates for commercials was not answered (for weeks now) and I noticed their launch date has been moved again, now to May 21. This doesn't worry me, as an email I sent them about their last delay was answered promptly with a very positive tone about all the work they are doing to get the site ready. I dug it up: "Sorry, we're working the office, site, merchant accounts, servers, etc... literally 15 hours a day. We "should" launch in three weeks. You should notice small changes on the site between now and then (Just this hour we've added a new User Agreement and "Animals, Pets & Lovestock" category), but the main changes are taking place here. Things are coming along, we're excited."
I received that on April 4 when I inquired about the delayed April 1 launch. I don't care if they delay again, because my gut tells me they are working round the clock to make it fly right. Same feeling I got from emails to Gameznflix weeks ago to the effect, that they are hard at work. Good feeling on this one, holding long. GLTA.
Posts: 519 | From: Oakland, CA, USA | Registered: Mar 2004
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posted
Just so to be sure I'm posting only true info, here's an excerpt from the PR dated Feb 2, about their plans for advertising this properly:
"Steve Rinehart, originator of the PrizeWise system and president of the 21st Century subsidiary stated, ``This concept is truly exciting. Even if we penetrate only 1 percent on of the internet auction market, we will produce revenue of $200 million dollars per year. The launch will be accompanied by an aggressive advertising campaign to let the people know. We believe that they will love PrizeWise.'' "
Aggressive. Nice. cheers.
Posts: 519 | From: Oakland, CA, USA | Registered: Mar 2004
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posted
Someone posted this a while back, a webpage updated pretty regularly with DD on TFCT. Nice one-stop-shopping for info on the company if anyone's interested. Thanks to the original poster, although forget who it was: http://duediligencenet.com/index.html
Gives some pros/cons on prizewise too.
Posts: 519 | From: Oakland, CA, USA | Registered: Mar 2004
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quote:Originally posted by pennystocks51002: Went to there website today. their website Sounds like a good idea but what happens if they dont sell the min. required tickets. Does it stay open until they do. If so they may never raffle anything off if the website doesn't take off.
I like the concept of the website, but I also agree with the above. Granted, it'd be on a bigger scale than say your home town's volunteer fire department raffle by selling tickets on a national level, but when you consider how many listings with each listing having tons of outstanding tickets, Prizewise would have to sell a ridiculous amount of tickets to sell out on each item.
Basically looking at it as a lottery, look at sites with the same type of theme: FreeLotto.com, Grab.com... These sites when first introduced became huge but since then have garnered less and less traffic. And all people had to do to earn tickets with these was to look at paid sponsor advertising. With Pricewise, you have to buy tickets and even though the chances of winning an item might be better than sites like FreeLotto, it still costs money.
Then again, online gambling does have an extremely huge market.
I love the idea of Prizewise but I'm still torn on how well it could do.
[This message has been edited by jnm (edited May 02, 2004).]
Posts: 26 | From: New Stanton, PA, USA | Registered: Apr 2004
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quote:Originally posted by premiumtodd: ... you "should" be gaining double value on whatever you are selling. I was actually thinking of getting rid of my house this way, ...
LOL.. I was thinking the same thing... You're right, that was one odd math quiz. Even Rainman would've needed a calculator for that one..
Posts: 1885 | From: Tampa, FL, US | Registered: Mar 2004
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