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Author Topic: TFCT.....next ebay????
recliner
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quote:
Originally posted by roger7485:
I had warned that dilution could be a problem. And the insider sells are definitely not a vote of confidence in this stock. CashMaker, is TFCT a buy now just like QBID was a buy at .015? Seems like this is the second time me and you are going to disagree, I won round one, lets see who wins this one.

if stock goes down to zero if they dilute Do I lose all my shares? If they get to zero does the shares I have count anymore? Thanks Terp


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Upside
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recliner,
Unless the company goes out of business, you'll still have your shares. Actually, even if they go out of business you'll still have them, they just won't be worth anything. Not to worry, in my opinion this company is going places, it just might take a while. If we have a Fall rally though, this could be one of the first to really take off. Good luck.

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Maelien
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I may buy more but will see if it goes through the current support, about .058.

Old Curt


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baseballmaster
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selling 1+ million shares is not a big insider sell problem....well that is if the post about that is correct. They have a lot of shares O/S and sure they issued more this year but they have good businesses in their holdings. The bonus is prizewise, the fact that they got gov. money for their patches was great news. Yeah i know i said i am done with the stock, but that is because i am so frustrated with the lack of movement on the positive news. Roger i like your opinion but this stock is not like QBID or CMKX were they have have billions of shares O/S and continuted to add millions each qtr. I do fear however with the way things are going if they do continue to issue more shares we will have a r/s maybe down the line...just my opinion have a good weekend all. Somebody go put some money on my XBOX...ITEM 9170
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realperson
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There seems to be alot more tickets being sold on small items which is good.

Everybody Look at the xbox and
hold on to your seats
OMAHA STEAKS WOW Delivered right to your door along with a gift certificate
Check it out
Ill put a couple of my next batch on Xbox
seems things need a few tickets to getum moving and move up the Line http://prizewise.com/productDetails.asp?c=23&s=134&sc=0&id=13005


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realperson
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Somebody go put some money on my XBOX...ITEM 9170

Looks like it will sell its up to the top of the line now
if it does not sell by 8/23 extend the date
call customer support and talk to Steve


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roger7485
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Well, I also do not like the fact that they do not seem to be too excited about prizewise. If I were TFCT, I would reverse split the company 100-1. That would make the price over $5.00 per share and make the earnings per share about $1.00 per share. This would legitimize the company and could possibly bring institutinal investment. TFCT is a great company and has the numbers to put it on the AMEX or maybe even the Nasdaq smallcap market. But they seem to be intent on continuing to invest in new companies instead of focusing their efforts on prizewise. This is one of those companies that you love but you hate the stock. Management could really make a few moves such as R/S and ceasing further expansion operations that would make the company very attractive to many more investors.
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WinsumLosesum
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21St Centy Technologies Inc     (OTC BB: TFCT) Last Update: 8:39:00 AM ET Aug 23, 2004  
 
21st Century's prizeWise Expects 10,000 New Members Weekly Through Affiliate Marketing Program

LAS VEGAS, Aug 23, 2004 (BUSINESS WIRE) -- Today, 21st Century Technologies, Inc.'s (OTC:BB TFCT.OB) portfolio investment company, prizeWise, Inc. announced the launch of an affiliate marketing program which is expected to generate 10,000 new members weekly.

PrizeWise has collaborated with Direct Response Technologies, Inc. in the implementation of the program and has licensed their DirectTrack(R) technology to manage the affiliate marketing program. The DirectTrack(R) tracking and reporting platform was ranked as the #1 affiliate tracking technology platform by an independent, industry leading publication, voted on by 25,000 readers, in February 2004.

Jason Wolfe, president of Direct Response Technologies, has aggressive goals for new member acquisition numbers. Direct Response Technologies' goal is to ramp up to 10,000 new members per week by the end of November, 2004.

According to Steve Rinehart, president of prizeWise, as Direct Response expands toward expected levels of production, "prizeWise's member base will skyrocket. This system will help us reach people who have been outside of our normal range of contact."

Rinehart, said that Web sites previously unassociated with the company will be able to place prizeWise banners on their own sites and will receive a commission for each person who registers as a new member.

Merchants and Web sites interested in joining the affiliate program can visit http://affiliates.prizewise.com

For information on Direct Response Technologies, visit http://www.directresponse.com

21st Century Technologies is a Business Development Company, operated 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.


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baseballmaster
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If they got half of those numbers the site would be so much more successful than it already is. Can you imagine that many more new members and how quickly prizes will go off....great news. Now the only thing left is to get the commercials going nationwide which i think will happen once we get a larger customer base from this new marketing strategy.
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jackpot
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Wish they would get some better management. They had a gem here which should be shining by now!

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roger7485
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Management is fine, and the company is shining like the gem that it is. However, the simple fact that they are not focusing on prizewise will drive investors away. People do not see the other companies as a "bonus" even though they are bringing in money. They should sell their profitable companies off, use the money to buy back shares and support prizewise in every way possible. The problem is, if they sell off the companies in the portfolio, then management isnt really managing anything, because they dont run prizewise. I see them making these structural changes in the future, including a Reverse split to move it to Nasdaq smallcap market or the AMEX. But for right now they still havent shown faith in prizewise in terms of making that company their baby. The dilution is obviously a problem and with millions of new shares each month it will be hard for prizewise to make a significant up-move. For those holding long, just keep holding, and I would wait a couple months and then average down more. For those people waiting for a pop, I cant think of anything that would really give the stock a pop significant enough to drive the share price up quickly. Remember that when TFCT had its huge run, there were less than half the shares that there are now. Great company, poor share structure. I still see this as a good long term risk/reward play, but I wont be buying until they show that they are dedicated to prizewise and no further dilution.
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realperson
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quote:
Originally posted by jackpot:
Wish they would get some better management. They had a gem here which should be shining by now!


According to Steve Rinehart, president of prizeWise, as Direct Response expands toward expected levels of production, "prizeWise's member base will skyrocket. This system will help us reach people who have been outside of our normal range of contact."

When I call Prizewise I talk to Steve and he is working hard to train staff and get every possible bug out of the system. They mentioned an advertising campaign this spring this must be part of it
They dont wana make the mistake Gamesnflix made by turning away people with bad site and service.
Somebody make my Day and buy a ticket for the Omaha Steaks prize


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futuresobjective
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quote:
Originally posted by jackpot:
Wish they would get some better management. They had a gem here which should be shining by now!

I could not disagree more. How can you expect a company to develop a site, which some compare to ebay (in its infancy), within a matter of only several months? Slow and steady is the way to go. They seem to be testing and further developing the site sa they progress. Real companies want to be around for as long as pos. and want to be as prof. as pos. Sure they could have gone 500% overboard with this site, and I am sure they would have had a lot of hits and sign ups. But what would have happened if they were not able to handle the overload of people? what would have happened if the site was not as well organized as they wish to make it? a flash in the pan. That in MVHO is just not good business particularly management. I am just as impatient as the next person, however I realize that I might have to sit back and relax for a little. They seem to have been putting out pos. news, and not only about prizewise recently. Prizewise seems to be on the right path. They had an order about a month or so ago for the patches and that last 1 million dollar PR regarding the patch. Again I think the management is right on target. They are diversified and every company seems to have its own area. They have turned the company around and from here on out things should be positive. Anyways, hope everyone feels like I do, things will hopefully continue as they have. GLTA. Slow and steady.


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baseballmaster
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Roger...they had their run in June...so you are telling me that since then they have added millions of shares to their OS....can you please provide how many shares and were you got the information from. I would greatly appreciate the facts.

Thanks in advance


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roger7485
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Baseball, here are the facts about the O/S.

From the 10-K filed earlier this year:

"State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date. 493,100,811 ISSUED
COMMON SHARES AS OF March 29, 2004."

From the 10-Q filed shortly thereafter:

"State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 493,425,811 as of May 10, 2004."

And now from the 10-Q filed a week or so ago:

"State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 502,476,999 as of August 6, 2004."

Also found in the recent 10-Q:

"During the third and fourth quarter of 2003, the Company raised $4,629,564 by selling 235,730,081 shares of common stock. This offering was completed in the first quarter of 2004, bringing the total cash raised to $5,000,000 and an additional 35,300,000 shares of common stock were issued under regulation E. Additionally, Compass Capital purchased 3,000,000 shares of restricted common stock for a total payment of $750,000. This was part of the commitment to purchase 10,000,000 shares $2,500,000 which resulted in a director representing Compass Capital being elected to the Board of Directors."


Now one might say, hey but those quarter billion shares were sold during the 3rd and 4th quarters, wouldnt the dilutive effects already have been seen? Well, not really. My hypothesis, which is proven by the trading, is that most of these shares were tightly held until the stock ran in June. The buyers of this stock then sold for a tidy profit. Seeing as the shares were sold for an average price of less than .02 per share. That it why TFCT moves slower nowadays. There is a considerably larger float to move.

However, as you can see, from the 1st quarter's number of "493,425,811 as of May 10, 2004." to the second quarter "502,476,999 as of August 6, 2004." There are still more shares being issued, probably as compensation to executives. These shares are now being sold as can be seen at:
http://finance.yahoo.com/q/it?s=TFCT.OB

The A/S is 750,000,000 so they are still free to dilute up to 50% of the current O/S. This is why I have never bought stock in TFCT, but rather watched the company and analyzed its value. This company has huge potential but right now is trading at an unacceptable price and with an unacceptable share structure. Both of these things could be fixed with a R/S and an advance to a reputable board. I think they will proceed with this plan by next year sometime, but until then management will probably continue to cash out, because that is their main form of compensation. I still follow this stock with incredible interest and will buy the stock when the company looks to be turning the corner.

People investing at this level are taking more risks, but will have a much greater reward than people who wait for solid numbers like I do.

Good luck everyone


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baseballmaster
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Roger- do u really think that 9 million shares added from march to now is alot? Also with 500 million shares O/S isnt that a relatively low number still compared to some other OTBB stocks that dont have positive earnings? I dont like to compare stocks that are not in the same business but SIRI is one that has a large OS has never done a R/S and still has given its shareholders greaet wealth. Besides the fact that they are in debt well past their heads. Please give me your insight. Thanks in advance
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jackpot
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Boy, this one is in the crapper again today.

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jackpot
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This sucks. I guess I should have stuck with day trading, should have sold at .19 when it hit. Feel like a big , fat , loser.

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realperson
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Taken from Futureobjective
Again I think the management is right on target. They are diversified and every company seems to have its own area. They have turned the company around and from here on out things should be positive. Anyways, hope everyone feels like I do, things will hopefully continue as they have. GLTA. Slow and steady.
The last time I spoke with Steve (head of PW) I asked about TFCT and the good news about the patch and he said that is totaly seperate and he does not follow that. Steve seems to be fully in charge of PW and thats the way it should be.
Anyone looking for a Future profit I think LBTT is way cheap and on the right track to get listed and off the pinks

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roger7485
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quote:
Originally posted by baseballmaster:
Roger- do u really think that 9 million shares added from march to now is alot? Also with 500 million shares O/S isnt that a relatively low number still compared to some other OTBB stocks that dont have positive earnings? I dont like to compare stocks that are not in the same business but SIRI is one that has a large OS has never done a R/S and still has given its shareholders greaet wealth. Besides the fact that they are in debt well past their heads. Please give me your insight. Thanks in advance

Yes I agree that TFCT is a "best of the worst" kind of company. It really stands out on the OTCBB when you are profiting and your shares are only priced at .054. 9 million shares is not that significant no, but still its 9 million more shares. And its not so much this small number of shares, its the fact that the A/S number is nowhere within reach. If they make another acquisition they will probably use shares of stock to complete it. This will further dilute.

TFCT is not diluting to fund ongoing operations or line execs pockets like..CDVJ, CMKX, QBID, AFRT, PCCL, etc etc. This is a key positive and yes definitely differentiates them from the other diluting companies with no profits, or even revenues for that matter. I would suggest that unless you are in at a price significantly higher than where it is now, just hold. For those more experienced traders, you may want to sell here, pursue other short term opportunities, and come back in a few months. Only time will tell what the best strategy is. I certainly woulnt want to be caught without shares in TFCT when they announced positive cash flow from prizewise.


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$CashMaker$
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If I can hang in there, yall can. I have 66k shares and holding long.

Thanks,
Chuck


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stocksrgoingup
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I dont know, I cant take this anymore. Good news but we go down. I think I am out. I dont want to lose my hair yet, I am only 18. GLTA

quote:
Originally posted by $CashMaker$:
If I can hang in there, yall can. I have 66k shares and holding long.

Thanks,
Chuck



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Upside
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You're gonna regret it. Wait for a Fall run, this will be one of the first that takes off.
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jackpot
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Another day in the crapper. I said it would go below a penny. Looks like we aren't that far off.
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stocksrgoingup
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Once it starts to move a little I will get back in. But when it went down to .08, I was like should I sell or should I hold, decided to keep thinking that it was the bottom. Then it hit .06, again the questions came up. Decided to keep again thinking that this has to be the bottom for sure. Then .05 hits. How far down is this going to be going??? So I decided to sell. Watch this go up now, lol. Imagine if I sold at .08, how much more shares I would have by now. But my dumbest mistake of all was not selling at .18. Oh well, I really think that tfct has big potential, and will get back in later when we see this straightened out.

[This message has been edited by stocksrgoingup (edited August 26, 2004).]


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kbpkt
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Hey guys, I've been a lurking on Allstocks for a while, but I thought you all should know that your CFO is the "pot-limit Omaha" champion at the World Series of Poker. It might be irelevent to most of you, but I thought it might be of interest to some of you.
http://www.pokerpages.com/tournament/result8742.htm

I've been lurking for a while, I use to be very active on here, but lost a lot of interest. Anyways, you guys might already know this, but I thought I would post it anyways. Good luck everyone!!

[This message has been edited by kbpkt (edited August 27, 2004).]


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jackpot
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I think you have the wrong company, it's Technology, not Holdings.
Wish it was. I'd have a nice profit but am taking a loss instead.

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$CashMaker$
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You mean SPRING?
I don't see much this fall.

quote:
Originally posted by Upside:
You're gonna regret it. Wait for a Fall run, this will be one of the first that takes off.

[This message has been edited by $CashMaker$ (edited August 27, 2004).]


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Leardron
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My opinion is that nothing is going to move much in the penny world till after the election. Once that is over and people know who is going to be president then they will feel more confident to move forward and make investments. That's just my opinion.
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realperson
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quote:
Originally posted by Upside:
You're gonna regret it. Wait for a Fall run, this will be one of the first that takes off.

I totaly agree
cant sell anything right now just wish I had funds to buy. LSTA has wiped out all my profits and then some. I read the board and listened to some hype and set my money their for what was to be just a few days got sick in bed, next I look and I cant even sell it
PW though I still think is at the beginning of something big. Advertising starts soon and when the summer ends and people begin to stay home more its gonna fly or Im back to selling on ebay
Check out Prize Omaha steaks heheh


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suzainiee
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Pennies are really taking a beating. I keep hearing, "After the election" If that's repeated enough, maybe people will believe it. That seems to work for campaigns.

I think television and print ads are good, but more internet ads would target those who use it daily. There are still many people who have never used a computer but watch a lot of TV. Are they potential customers? Maybe, maybe not.. . . . .

Also, it seems to me that items are retired too quickly. Why can't the time period be extended if it is agreeable with the seller? A returned ticket is fair, but discouraging if the desired items never complete the auction.

I have not seen any ads--just PR's about ads. I realize that getting this off the ground was a feat in itself, and they are still trying to work out all of the bugs.

However, we need to move ahead now and target potential customers through the medium that those customers use daily.

And yes, I did send an email last month stating my concerns. If I receive a reply, I will post it.

[This message has been edited by suzainiee (edited August 27, 2004).]


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WinsumLosesum
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21St Centy Technologies Inc     (OTC BB: TFCT) Last Update: 5:36:00 PM ET Aug 27, 2004  
 
21st Century Announces Results from Patricia Wilson Trial

LAS VEGAS, Aug 27, 2004 (BUSINESS WIRE) -- Today, 21st Century Technologies, Inc. (OTC:BB TFCT.OB) announced the jury verdict of a lawsuit Patricia Wilson, former radiation safety officer, brought against the company.

21st Century believes that there are sufficient grounds to request an appeal. The company intends to vigorously pursue a motion for new trial and an appeal if necessary. 21st Century has engaged additional counsel, Vial, Hamilton, Koch & Knox, LLP, a major Dallas Fort Worth law firm to assist us in the appellate process.

On August 23, 2004, a jury in the 153rd District Court of Tarrant County, TX, returned a verdict that Ms. Wilson was wrongfully terminated by prior management of 21st Century on August 31, 2001. Wilson's ex-husband, Ken Wilson, was found jointly liable with 21st Century regarding the wrongful termination charge.

The jury awarded Wilson $30,000 for lost benefits from the date of her termination through the date of the trial.

The jury also awarded Wilson $225,000 in lost earnings for the same period.

In a countersuit filed against Wilson by 21st Century, the jury found that Wilson unlawfully converted $68,917.80 in funds belonging to the company to her own possession.

Additionally, the jury awarded Wilson damages from 9 million shares of stock - shares that were previously awarded to her in a divorce case - an additional 100,000 shares of stock, and a $150,000 golden parachute as a member of the board. The jury allocated $5.3 million in damages to these claims.

21st Century believes it has significant grounds for appeal, and intends to file a motion to vacate the verdict relating to the 9 million shares based upon a prior decree in a divorce court that had awarded the same, identical shares.

The trial court dismissed all causes of action against former directors and co-defendants, Jim Mydlach, Dave Gregor, and Fred Rausch.

All causes of action against former directors and the company for negligent investigation and breach of fiduciary duty were also dismissed by the trial court.

21st Century Technologies is a Business Development Company, operated 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:


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suzainiee
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So, is Pat going to be tried in criminal court for transferring stockholder money to her account?
. . .probably not. . . . .

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futuresobjective
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quote:
Originally posted by suzainiee:
So, is Pat going to be tried in criminal court for transferring stockholder money to her account?
. . .probably not. . . . .

Well, she is not Martha S. or another high profile case to waste millions of tax payers dollars on for no good reason. That being said I agree... probably not. Its a sad sad world we live in.

[This message has been edited by futuresobjective (edited August 28, 2004).]


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WinsumLosesum
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21St Centy Technologies Inc     (OTC BB: TFCT) Last Update: 8:30:00 AM ET Aug 30, 2004  
 
21st Century's prizeWise Installs New Servers, Optimizes System

LAS VEGAS, Aug 30, 2004 (BUSINESS WIRE) -- 21st Century Technologies, Inc.'s (OTC:BB TFCT.OB) portfolio investment company, prizeWise, Inc. announced today that new servers and hardware will be installed Tuesday, and that dedicated bandwidth to prizeWise.com will be tripled.

Last week, the prizeWise tech team began preparing the cluster for installation and said the plan is to complete the conversion Tuesday morning, increasing system response time by an estimated 400 percent or more.

The dual-processor servers, load balancers, and firewalls will replace lesser hardware that has struggled to support the Web site's thousands of daily visitors.

An entire server will be dedicated to prize databases while another will house member records. Separating the databases should significantly reduce search and response times.

Additionally, programmers are in the process of reprogramming prizeWise.com in ASP.Net from ASP. The look and feel of the *************work will remain the same, but the new system will further increase speed and capacity. This optimization should increase site speed by 200 percent or more beyond the performance afforded by the new servers.

Though prizeWise is working toward a seamless switchover Tuesday morning, management requests user patience during the exchange. If problems arise, prizeWise's database and programming team will assist the staff at the co-location facility.

21st Century Technologies is a Business Development Company, operated 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.

(Hmmm. The asterisks mean the software here is blocking "prize wise net work". That's odd...)

[This message has been edited by WinsumLosesum (edited August 30, 2004).]


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