Seeking investors for traditional Lottery (Revised, Please Read)

[PM Poker]

We are the owners of PM Poker, and at this time are looking to revive our traditional bitcoin lottery games: QuintoBTC and Lotto 5:55.
 
We have always produced superior backend software, and now look forward to bringing our lottery games to the forefront.  We understand the hurdles involved in achieving a successful game, and will devote all our available time and resources in order to achieve this goal.
 
We are seeking 2750 BTC for 20% ownership, using our PM Poker gaming software as collateral. We will also insure 70+% of overall investment in USD (based on $400 BTC price point).  Investor(s) will also receive 65% of gross revenue until 100% of original investment is returned.
 
We are asking people to wait before rushing to judgment on the investment amount, as we will disclose our project funding requirements under a Non-Disclosure Agreement.
 
In the past, our previous attempts at fundraising haven’t produced the results we sought.  However, after much thought, we increased ownership threefold, added the collateral, and are now able to insure the majority of the overall investment.
 
We are limited on the number of investors we can accept in our Costa Rica Corporation, as such we are seeking serious inquires only.

This posting is not a scam, and any such statements and/or unwanted spam posting will be removed.

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[PM Poker]

We had a PM message that we felt was a valid question that everyone should see.

What is your ROI before signing NDA?

We believe from the time we launch our new software, the original investment should be returned in approximately 18 months.

We need time to acquire the customers as explained in the business plan.

[David19]

Hello,

This investment opportunity makes no sense. You're asking for 2750BTC for 20% of the ownership, which means that your valuing it at 13,750BTC , which currently is approx $5.3M. What makes it worth $5.3M ? There is no customer base or anything. There is no way anyone in their right mind would invest in this.

[PM Poker]

Hello,

This investment opportunity makes no sense. You're asking for 2750BTC for 20% of the ownership, which means that your valuing it at 13,750BTC , which currently is approx $5.3M. What makes it worth $5.3M ? There is no customer base or anything. There is no way anyone in their right mind would invest in this.

Well here it is, rushing to judgment without knowing facts.  Until you understand the business plan and what the investment is about, stop making accusations.

There is no customer base or anything?

Well that is factual at this time, however where did we claim to have a customer base.  Anyone understanding business knows, there is customer acquisition cost.  Getting traction to any site is very expensive in the first stages.

What makes it worth $5.3M?

The majority (73.09%) of this investment is insured as we have stated, and you will not find that with any other investment.  Your evaluation calculation would be accurate if you assumed the full BTC2750 were at risk.

Also as stated we are offering PM Poker gaming software as collateral, and paying 65% of gross revenue until 100% of original investment is paid back.

There is no way anyone in their right mind would invest in this.

We could not disagree more.  Anyone in their right mind would be doing due diligence and we welcome this.  When you are making erroneous statements it becomes apparent of your intentions.

Furthermore, we will not run our gaming site illegally; we understand the cost of customer acquisitions; and we know what it takes to keep those customers.  

The title is self-explanatory: “Seeking investors to complete final stage of traditional Bitcoin Lottery”.

[PM Poker]

We would like to modify our offer to reflect the risk factors involved.

We are able to insure the majority of the investment up to ($1,000,000 USD).  The BTC2000 will stay in a cold wallet, not to be used unless unforeseen circumstances occurred within the lottery game.  Should this happen, these funds would be replaced by the insurance company up to the agreed amount.

Because the BTC2000 has an infinitesimally small risk, we offer 5.0% ownership stake.  If you are interested in understand more why this portion of the investment is virtually risk free and terms and conditions, please email us for a copy of our NDA.


The other BTC750 does have higher risk factor, but the company itself is being used as collateral.  We have improved this offer to 20% ownership stake.  This portion of the investment will receive preferential treatment until initial investment is returned.  

Please email us for a copy of our NDA on either portion of the investments.  Please indicate which interests you more or both combined.

This is a great first step for the opportunity to become part ownership in online gaming.  Multiple investors are welcome.

[PM Poker]

We are very determined to finish our traditional lottery games, which will be playable on any platform.  The amount we are seeking, BTC750, is substantial, but we can explain every single expense.
 
We have noticed other so-called “lotteries” popping up, but we can assure you that once we launch, ours will be the best legally operating lottery games available on-line.  In making this claim, we are again willing to offer the following:
 

• As for collateral, our complete PM Poker Company is on the line, worth far more than BTC750.
  
  
• Investor will receive 75% of gross revenue from ticket sales until BTC750 is repaid, despite ownership percentage.  Gross revenue is easily calculated from sales, which will be public knowledge at the time of each drawing.
  
  
• We believe we can have your Return on Investment back within 18 months (from date of launch), along with a 20% ownership stake.  In the unlikely event that we are unable to fulfill this timeline, as a penalty to ourselves, we will increase the investor(s) ownership stake by 50%.
  

There has to be someone or a group that would like to be part of a legal online gaming site.

We will entertain any reasonable offers, please let us make this a reality,

[PM Poker]

We have been reading through many posts on this securities thread, and understanding more and more about the suspicion of our offering, as so many others have been scammed.
 
To assure confidence in our project, we wish to state, first and foremost, we have been in the online gaming industry for 20 years. We launched our first online game in 2000; our support staff, consisting of 10 employees, were there 365/24/7 for our customers. After the passage of the UIGEA, virtually every e-wallet service no longer allowed US citizens to conduct financial transactions with online gaming/gambling sites.  Our own online site suffered greatly, as 98% of our customers were US-based.  This lead to the eventual shuttering of our once popular and very profitable online site.
 
As business owners, we were leery of bitcoin in the beginning; however our own skepticism soon passed.  We then started the process of re-designing our servers and games for the bitcoin community.  Our primary focus has always been to design games that are pari-mutual in wagering, inasmuch as we take away any risk to the house, provides fairness to players that also ensure trust.
 
We do not expect to convince you with words alone, as your own due diligence is required.  We are willing to provide you with any and all data related to this investment as long as you are also willing to sign our NDA.
 
Again, thank you for your time.

[superbit]

There is old investment offers still posted on the front page of your website.

Links on your homepage don't even work for being such a "reputable and long standing company"  I'm looking at you leaderboard link.

The website looks like it was made on geocities.  No where near professional enough for the kind of $$ you are looking to raise.

[PM Poker]

There is old investment offers still posted on the front page of your website.

Links on your homepage don't even work for being such a "reputable and long standing company"  I'm looking at you leaderboard link.

The website looks like it was made on geocities.  No where near professional enough for the kind of $$ you are looking to raise.

My apology for the old links, we have everything on hiatus at this time. 

Judging a book by its cover is never a good thing, and not to be inconsiderate, but we never received a request for detail on our project.  Serious investor would ask for our detail information, and do their due diligence as they should.

We are a “reputable and long standing company”, as stated. 

Investment will be used to create a professional presence, and have our software available on all platforms.  We have stated this fact in all our postings.

I hope this clarifies things for you.