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Revenue Streams Revenues will be achieved from: o E-commerce commissions Players will be encouraged with extra reward incentives to visit a variety of web pages (sponsors). Purchases made at these sites will add to the revenue pool of SportsPrize.com. Market Sports related merchandise is a multi-billion dollar annual business. Here are some statistics on a few segments of the sports industry market in the U.S.: The fishing industry portion has annual retail sales of $17 billion. The hunting portion is $13 billion. Camping, backpacking, & hiking is $12 billion. Golf is $19 billion. The Internet conveniently facilitates both player entertainment & profits from sales of merchandise. A study by Nielsen Media Research & CommerceNet released in mid-1999 indicates that in North America alone more than two in five people are Internet users & that 60% of these users, or 55 million, are also Internet consumers. I've been predicting the growth of the Internet in my speaking engagements & articles -- here are some comments I've made: Since lecturing about the Internet at the Bahamas conference, I learned the U.S. Dept. of Commerce issued a report on the web-based economy. It said: "Electronic commerce will be the engine for economic growth in the next century." It recently issued its second report in its series of three, titled "The Emerging Digital Economy, II." In it, it said "By 2006, almost half of the U.S. workforce will be employed by industries that are either producers or intensive users of information technology products & services." My friend Ken Coleman says "On fact about the Internet is that every statistic will be obsolete within three months because of its rapid growth." All of the predictions & surveys I've seen project that worldwide use of the Internet as well as e-commerce will grow significantly during the next 10 years. Some people will probably say the bloom is off the rose at various times during the coming continuing growth period. You'll be reasonably safe in dismissing those naysayers. The Internet is just too darn convenient. I took a long time getting into using it, but now I do a great deal of my research there. When I need prices & news on any situation, for example, I use the Financial Navigator at WallStreetCorner.com. Conservative Speculator is another example. My readers like the fact that it's now accessed on WallStreetCorner.com -- they get it quicker, they can download parts or all of it, back issues are archived without taking up room in their houses, & no matter where they are in the world, it's always available. Management Jeff Paquin is president & a founder. He is a business attorney. .... Michael Wiedder is VP marketing. He joined JOCK 6/24/99, & was CEO of Online Expo, an Internet exposition & conference produced in Los Angeles, San Francisco, & NY that attracted over 10,000 attendees & over 125 companies. His clients for Internet strategies included Microsoft, Netscape, Earthlink, Wells Fargo, Fox, MasterCard, & Citibank. .... Robert Hunziker is VP corporate development. He joined JOCK 8/18/99. He was a limited partner & an associate director of Bear Stearns & Company; a VP & a principal of Oppenheimer & Company, Inc.; served as the chairman of the board of Chicago Filmmakers & produced the film "Longshot," which was aired nationwide on PBS. .... Donald R. Mackay is CFO. He held senior financial positions with public companies in the automotive glass, electronics, & gaming industries. .... John Thompson is VP, R&D. He was an odds maker & sports analyst with the British Columbia Lottery Corporation. .... Alan Gerson is a director. He is president of Interactive Marketing Inc., & held senior positions in NBC & Home Shopping Network. .... Abe Carmel is a director. He leads an international investment banking firm that specializes in financing & marketing of high technology, Internet, & telecommunications companies.
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Financial Status JOCK executed a reverse merger 5/12/99. The web site will be operational on or about 10/6/99, & financial data will become available within a reasonable time thereafter. Recommendation I recommend JOCK for both midterm & long-term appreciation. SportsPrize developed a concept of solid potential that appeals to an online sports community in the millions. Sports enthusiasts are known for their competitive spirit, & willingness to spend money on sports merchandise. I like the fact that the sports fans who go to SportsPrize.com can create their own Tournament groups. Competitions can be segmented by geographic or affinity interests, or by the sport involved. Fans can exchange news & views in chat rooms, have interactive access to such experts as athletes & coaches, buy & sell through the auction, keep in touch via e-mail, & share discounts for on-line shopping. SportsPrize allows them to do all these things globally, regionally, statewide, or locally. I like the fact that JOCK will build a targeted audience that will enable it to test market products, packaging, pricing, etc. It will be able to sponsor products & services, and provide all sorts of revenue producing opportunities. The continuing growth of the Internet offers the public an opportunity for quick & easy access to interactive play with the "SportsPrize Tournament" proprietary game, sports information, & related merchandise. The official launch date is scheduled as Wednesday, October 6, 1999. I also like anything that exposes people to sports rather than to violence & crudeness. We need more sports & less of the negative aspects we are exposed to in the news, etc. This is a site that most parents will not object to their children going to. On 8/24/99, JOCK announced it signed an agreement with Dreams Products, Inc., division of Dreams, Inc., which creates, produces, & manufactures sports & celebrity memorabilia. Dreams Products is the franchisor of "Field of Dreams," the nationwide chain of 37 sports & celebrity gift stores in major U.S. regional malls. Members of the SportsPrize community will be able to bid for & purchase collectable sports merchandise & memorabilia through the SportsPrize Auction, as well as JOCK's three other shopping environments: Winner's Mall, Clearance Mall, & SuperStore. Here are other things I like:
Contact While the company's corporate sales & marketing is headquarted in Manhattan Beach, CA, to receive additional information, call Sonora Capital at 800-665-7684, fax 604-608-6163, or e-mail at info@sonora.com & at sonora@direct.ca www.SportsPrize.com ...continued on next page, click here |
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