Investor News
PZFC Acquires SweetPrize.c om an Online Pok er Services Site. Volume Increases 1132%.
NAME: Presidents Financial Interest: Enters Online Pok er Biz. SYMB0L:: P Z F C LAST: $0.22 Volume Increase: 1132%
Poker, such as Texa s H0ld 'Em, is one of the hottest online gam es in the market today. Everything from online gamble fre e tournaments to actual online gam bling has gripped the internet gaming industry.
PZFC has recently acquired sweetprize.com and online membership based gaming site offering winning prizes from movie passes to a 2006 Porsche valued at over $60,000. This allows members to get the thrill of playing online pok er without the risk of loosing money, and yet packs the trill of win ning pr izes.
With millions of online poker players in the market already you can only imagine the potential of this acquisition for PZFC.
We have strong feelings about the potential of PFZC. Check out the news on this one and make the decision for yourself
Just read the details of the recent press release.
About SweetPrize Entertainment
SweetPrize Entertainment Inc. is an online gaming company who will shortly be launching a non-gambling multi-player online poker game service where online card players can legally compete for a range of daily, weekly, monthly and annual prizes from Nano I-Pods to a Porsche Cayman sports car.
In the last few years there has been phenomenal interest in both televised and online poker games such as Texas H0 ld 'em (now the most popular card game in the world). SweetPrize is poised to capitalize on this interest by offering a legal version of the game where participants in online poker tournaments compete to win prizes rather than bet against each other as real-money poker sites do.
The company's web site SweetPrize.c om is a non-gambling site targeting well educated, high-income players who prefer to play in a legal environment for prizes. Due to the questionable legality of real-money online poker sites, a majority of potential online poker players shy away from these sites.
There are currently 1.8 million active online real-money pok ers players worldwide. It is estimated however that because of the questionable legal status of online gaming, security issues and the hesitation by many to participate in such games because of religious or moral reasons, that the real potential market for non-gambling online poker is three times as large or approximately 5 to 6 million players.
Revenue for the company is generated through V.I.P. membership fees (basic membership is free) and advertising.
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