posted May 21, 2004 10:32            

First off, Chief, you're completely right. This will not stop at .10, it won't stop at $1.00, and from there just look at where eBay is now. If this "idea" which, IMO, is brilliant becomes even HALF as popular and successful as eBay, do the math. eBay's at $80.14

Keeping eBay in mind, Prizewise's already has a step ahead of them with their pay structure, IMO. With eBay you have the always possible complication of buyers not paying for auctions they changed their mind about being the high bidder for. Not the case here, Prizewise pays the seller direct as soon as delivery has been confirmed. eBay's only flaw is that too much responsibilty is left to the customers, which IMO shys many people away. Prizewise has become the true "middleman" in this case, and I love it.

posted May 21, 2004 11:07            

MMD Bid Bid Size
PERT ↑ 0.051 50
TDCM ↑ 0.050 50
SCHB 0.050 50
BMIC ↑ 0.049 50
SEAB ↓ 0.047 50
WIEN 0.047 50
BAMM 0.046 50
GVRC 0.046 50
NITE 0.044 50
AGIS ↑ 0.043 50
FRAN ↑ 0.043 50
CRWN ↓ 0.043 50
ALPS ↓ 0.040 50
HILL ↑ 0.040 50
JEFF 0.037 50
VIEW 0.031 50
VFIN 0.030 50
NATL 0.029 50
VNDM 0.029 50
FLCR 0.024 50
CARR 0.020 50
MAYF 0.020 50
SACM 0.020 50
FINV 0.014 50
EFGI 0.010 50

MMD Ask Ask Size
NITE ↑ 0.052 50
GVRC ↓ 0.052 50
SACM 0.053 50
WIEN ↑ 0.053 50
BAMM ↑ 0.054 50
SEAB 0.054 50
TDCM 0.054 50
VIEW ↓ 0.054 50
JEFF ↑ 0.055 50
HILL 0.055 50
SCHB ↑ 0.056 50
CRWN ↑ 0.057 50
BMIC 0.058 50
PERT 0.059 50
VFIN 0.060 50
FRAN ↓ 0.060 50
ALPS 0.060 50
NATL 0.070 50
MAYF 0.070 50
EFGI 0.090 50
AGIS 0.090 50
FLCR ↑ 0.090 50
VNDM ↑ 0.090 50
FINV ↑ 0.091 50
CARR 0.100 50

Price Qty Time
0.052 25000 10:48:37
0.052 8300 10:48:37
0.052 50000 10:48:16
0.052 33500 10:47:28
0.052 30000 10:47:27
↑ 0.052 15000 10:47:27
0.051 45000 10:47:27
↓ 0.051 33500 10:47:10
0.052 3509 10:46:29
0.052 3500 10:46:29
0.052 10000 10:46:29
0.052 10000 10:46:28
0.052 195000 10:46:23
0.052 5000 10:46:18
0.052 56500 10:46:11
0.052 70900 10:46:11
0.052 2600 10:46:00
0.052 11700 10:46:00
0.052 14850 10:46:00
↑ 0.052 3000 10:45:58
↓ 0.051 13000 10:45:58
0.052 28850 10:45:58
0.052 50000 10:45:58
↑ 0.052 17000 10:45:53
↓ 0.051 17000 10:45:53

posted May 21, 2004 11:08            

quote:

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Originally posted by Nashdaq5:
Hmm, for some reason when you go to sign-up and choose your state, some programmer decided to spell Michigan "Michigin". Sticks out like a sore thumb if you're from there

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E-mail them being an investor and all!

posted May 21, 2004 11:22            

quote:

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Originally posted by Nashdaq5:
anyone else have trouble getting past the credit card page when registering?

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took mine on the first shot... only problem i saw was in regard to AOL email addresses... but that was no biggy..

posted May 21, 2004 11:44            

quote:

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Originally posted by bauer:
Residents of New York and Florida may not enter
sweepstakes requiring over 5000 tickets

That sucks. I wanted a car.

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posted May 21, 2004 13:49            

quote:

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Originally posted by roger7485:
Careful, dont let the hype blind you to what is really there. There was a site called qool.com that had a very similar structure and did not succeed. They even had a car up for auction, and a trip on the first civilian flight to space. Much like the current launch gimmick for Prizewise. This site has a chance to attract a unique market, but definitely not ebay users. I dont think anyone will use Prizewise instead of ebay. Ebay is simply the better business model, not to mention their giant market share. I have no idea what the PPS will do, but this IS NOT the next ebay. Thats all ill say. Good luck to you all.

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Roger read this:
From a poster in Internetland

I know what you are talking about, not all free auction sites can stay online long because of piling debts. Qool.com simply became too big, too many big items up for auction. Steve, the founder, probably went bankrupt because too many people were finding free ways to get points without paying a cent. I admit I did that also. I mean, a trip to space, a BMW?? those are too big of items to auction off for free. He simply put things up for auction that he couldnt back up. There are still other free auction sites out there, most are stronger than qool.com because they offer less points or fewer ways to get free points. More and more are using methods that makes you pay to earn points. I am not happy of the way that Steve closed up the site.

Whoever Steve is/was, he is a man. TFCT is a company with real revenue and actual product. I admire your perspective, it's good to see opposing ideals; it's healthy. However I disagree. TFCT is not offering free raffle tickets to the moon, nor or they a small time website developer trying to get rich over night. I think this stock just might surprise you in the long run. Keep your eyes open, if you sleep you might miss something. Amen. GTLA

posted May 21, 2004 13:57            

I mean it has a very unique and ultimately what looks to be a fun spin on a standard auction site. But what do you feel is the major plus here. Do we have confirmation of a strong PR push/ advertising for the site?

Of course there are other aspects to this business other than Prisewise... but right now I'm just focusing on prizewise. Does anyone have any opinions?

Thanks!

posted May 21, 2004 14:04            

"What if my item doesn't sell enough tickets?

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."

Ok, so you have to sell all the tickets. Well think of it this way. If I put a DVD up for thirty tickets, Who is going to buy one ticket, much less all of them. If I want the DVD i will pay the extra 16 dollars and go buy it myself without the shipping costs. I think the raffle concept only works well with larger items. The only way you will get someone to enter a sweepstakes with such a small prize is to give them tickets "for free". Now, these tickets could be issued by having users buy things from sponsors sites. I think that model just might work. But small items just dont mathematically pan out. And plus, If im selling something like a DVD, who wants to wait for 185 days just to possibly have the item delisted. Americas culture is becoming more and more focused on speed. Everything has to be faster. I dont see people waiting months and months for raffles to end on either the buying or selling end. Once again I have no idea what this does the PPS of the stock because I dont know the O/S or anything like that. But the reason ebay works is because it is fast, efficient, and has a huge subscriber base.

posted May 21, 2004 14:10            

I think the idea is that (to use your example) that just because the DVD auction has a 185 day wait to sell X number of tickets... doesn't meant it would take that long. Unlike ebay where people may avoid certain auctions because the price is so high or rather where there is competition... it is my undertsnading that doesn't happen here. Every person pays the same amount of $ for each ticket. So they don't have to surf around looking for that "better deal". ALSO I think you will find that because of this fact... "bidders" will lean towards bidding on those auctions that don't have a lot of days left on them. Or that are close to hitting their maximum ticket count.... because they want to expedite their auction (as you said who wants to wait a couple of months for their DVD).

All in all though this basically is a gambling site. And that I think is where we get our money. SURE YEAH... you could go get that DVD player on ebay for $50... HOWEVER here is your chance to get it for $1!!! So on and so forth. The site is creative gambling.

posted May 21, 2004 14:18            

21st Century's prizeWise.Com Growth Accelerates

Earlier today, prizeWise's president, Steve Rinehart,
announced that membership in the website, http://prizeWise.com, was
growing at the rate of one every 8 minutes. Since that announcement,
growth has accelerated to the rate of one per minute. Additionally,
property has been added to the sweepstakes pool, making the total
value as of the issuance of this release at $7.3 million, and increase
of $2.3 million from the announcement of earlier today.
Mr. Rinehart said, "The aura of anticipation at prizeWise is so
powerful. Great things are happening, and they will become greater. I
personally invite the public to visit our website at http://prizeWise.com and join the fun and excitement. It's worth the
trip."
The prizeWise website will become operational today at
approximately 3:00 p.m., PDT. The site will feature an opportunity to
purchase valuable coupons with an option to receive sweepstakes
tickets. Various items will be offered in multiple sweepstakes
opportunities. Full details are given at the website. The public is
invited to visit the website.
21st Century Technologies is a Business Development Company
pursuant to the Investment Companies Act of 1940. It holds various
enterprises as investments and seeks to grow companies in which it has
an interest.

Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995:

posted May 21, 2004 14:19            

quote:

---

Originally posted by TUFFY THE TRADER:
ALERT!!!ALERT!!!ALERT!!!
THE BASHERS ARE HERE!!!!
THEY ARE BEATING DOWN THE COMPANY BEFORE IT LAUNCHES!!!
MERE BASHING AT ITS BEST!!!!
HEY ROGER,TAKE YOUR BASHING BACK OVER TO THE QBID BOARD,THEY WILL BE GLAD TO SEE YA!!!!

TUFFY!!!!

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posted May 21, 2004 14:20            

Im going to play some golf. Have a nice day all.

posted May 21, 2004 14:29            

quote:

---

Originally posted by newmy500:
I wouldn't say Roger is bashing the stock, just trying to get his point across and let people know to do the DD. I'm in this for 45K shares, so I obviously think this is going to pay off nicely in a couple of months, but Roger is definitely not a basher.

[This message has been edited by newmy500 (edited May 21, 2004).]

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posted May 21, 2004 14:31            

quote:

---

Originally posted by roger7485:
Im bashing? Ok Tuffy. You never answered my question, where do you see this correcting, its overbought? Do you know Metcalf's law and why it says that Prizewise will probably have a very difficult time succeeding?

Im going to play some golf. Have a nice day all.

[This message has been edited by roger7485 (edited May 21, 2004).]

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I haven't found a "rule" that explicitly lays this out, but I assert that: A customer will generally not replace an existing functional device until he receives an order of magnitude increase in value from the replacement.

Are you saying this can't/won't happen? You are one out of many. Look at the PR, obviously someone has taken notice. I'm not saying or nor have I said TFCT will destroy EBAY, but could turn out to be very profitable in the long run. Comments?

posted May 21, 2004 14:34            

quote:

---

Originally posted by roger7485:
Nice to see im loved, gotta go, tee time at 3 pm! Good luck to you guys If it makes you feel better im losing money in VRMD and PHSLE today!

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Wait a minute...Roger didn't you recommend VRMD a month ago? (crickets getting noisy)

posted May 21, 2004 14:43            

quote:

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Originally posted by penguinking:
is .045 a bad place to be in at?
sorry but umm who is tuffy sorry i dont you. but please fill me in a bit

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posted May 21, 2004 14:44            

Thank you!