osemek
- 23 Aug 2003 08:35
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osemeke
- 23 Aug 2003 18:28
- 4 of 11
Now wait a minute people, I am the one trying to organise this game. i may be maybe unlearned on a few things but i certainly am no fraud. I am in touch with fmlx.com, the organisers of www.thegreatgame.com which is to see them organising all the back engine stuff (if communications go right), support and maintainance (at my cost once the price is right), while i 'll use my own personal site (which i use for a lot of things i do) to serve as the one page front door.
I am not a "business", i am an individual. And yes the idea is that if enough people show interest and then that would determine the fee and the prizes.Maybe i goofed in putting up a figure for prize money but what i am saying now explains it all.
Nobody pays anything until i am sure the competition is sufficiently attended and fees are enough to fund the prizes.
Since credibility would be a problem, i can arrange with fmlx.com to be the actual firm to pay out the prices (if they will agree to that).Fees could be paid with clickbank.com style payments which will automatically route the prize money portion to the awarding authority.
It was just an idea that i decided to test out and see if anyone would be interested.
Also Juzzle, please please enlighten me if there is a speck of a spot of a possibility of illegality in this idea (or my mode of trying it out),please please i want to know. I would call it off immediately. Maybe there may be some registrations or representations i need to make with the government or something.
This legal angle maybe the reason why there is a dearth of real good prize paying stock competitions.
So folks that 's what brought up this plan.
I 'd like to hear your honest views, ideas etc on the various angles to this.
osemeke
- 25 Aug 2003 07:07
- 6 of 11
Thanks Juzzle, i've already lost interest, i think I am better off (less stress) just being a simple investor.I think one makes more money anyway and gets less potential stress this way than all this game thing. i guess I did'nt think it through properly.
i am pulling out of it and i am going to ask moneyam to pull out this thread. (they didnt remove my original post, i only changed my subscription level).
Crocodile
- 25 Aug 2003 17:07
- 8 of 11
Good idea Little Woman, it was very good fun.
http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=212
osemeke interested?
D,
osemeke
- 26 Aug 2003 08:58
- 9 of 11
Thanks folks I think I like that.there's actually some sites that allow competition leagues within friends and/or family, just like the real thing.
I'd be interested.I would learn a lot.
Kayak
- 26 Aug 2003 13:54
- 11 of 11
If you go to
http://www.citycomment.co.uk/ you can set up a league to compete against yourselves as well as everyone else.