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Bingo.com, Inc.  

Bingo.com, Inc.

Product #: bingocominc

Normal Price: $59.95
Our Sales Price: $39.95

(You Save: 33%)

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PRODUCT DESCRIPTION  
Beautifully engraved certificate from the Bingo.com, Inc. This historic document has an ornate border around it. This item has the printed signatures of the Company’s President and Secretary.

Bingo.com, Inc. develops and operates a bingo-based Web portal designed to provide a variety of free games, pay-to-play skill games, and other forms of entertainment, including an online community, chat rooms, contests, sweepstakes, and tournaments. The Company's existing Websites generate revenue from two principal sources: the free Website, which is supported by advertising revenue, and the skill Website, built around Bingo.com's patent pending BiG'r Bingo skill bingo game, which generates revenue by charging users a small network maintenance fee to play skill based bingo games. The Company conducts its business through its wholly owned subsidiary, Bingo.com (Canada) Enterprises Inc. The Company also maintains a number of inactive wholly owned subsidiaries. These Include Bingo.com (Antigua), Inc., Bingo.com (Wyoming), Inc. and Bingo.com Acquisition Corp.

In January 1999, Chris Sargent, co-founder of Vancouver-based Bingo.com Inc., bought bingo.com for $1.1 million. Sargent contended that the URL alone, being developed as both an online bingo site and a full-blown portal, accounted for half the company's market cap. Bingo.com's stock then traded at about $6 on the over-the-counter market, giving the URL a value of $36 million.

According to the latest 10Q report filed with the SEC:

LIQUIDITY AND CAPITAL RESOURCES

The Company does not currently have an adequate source of reliable, long-term revenue to fund operations. As a result, Bingo.com is reliant on outside sources of capital funding. There can be no assurances that the Company will in the future achieve a consistent and reliable revenue stream adequate to support continued operations. In addition, there are no assurances that the Company will be able to secure adequate sources of new capital funding, whether it be in the form of share capital, debt, or other financing sources.

Bingo.com had cash and cash equivalents of $12,000 and a working capital deficit of $1,243,000 at June 30, 2002.

Product #: bingocominc

Normal Price: $59.95
Our Sales Price: $39.95

(You Save: 33%)

Qty:

See Stock Certificate Expert Bob Kerstein, CEO Scripophily.com
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WASHINGTON, DC - Scripophily.com / Old Company Stock and Bond Research Service recently acquired the Old Stock & Bond Research Archives from Herzog & Co., Inc.  The asset purchase includes all archives, publishing rights and copyrights on obsolete research reference material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880.  John Herzog, President of Herzog & Co., Inc. said “My wife, Diana, and I are very pleased with this transfer to Scripophily.com, and know that Bob will continue his excellent work and spearhead the digitizing and reorganizing of this classic American research that we were always proud to have taken part in continuing.” 

Scripophily.com / Old Company  Research Service, successor to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880, is the leading provider of authentic stock certificates, autographs, and old company stock research services. Our company was founded by Bob Kerstein, CPA who is a member of the American Institute of Certified Public Accountants, California Society of Certified Public Accountants, and the Virginia Society of Certified Public Accountants.  We have been collecting and selling old stock and bond certificates since 1990. Scripophily.com started operating on the Internet in January 1996 with the goal to promote the history of old companies and help educate everyone about the wonderful hobby of collecting stock and bond certificates called Scripophily. 

We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.



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