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Review

http://www.launchpoker.com/rooms/-playwize-poker-/

A very good post on AFN, so copied over for reference.



opmoc - 12 Jan'07 - 14:05 - 4461 of 4461


I have recently increased my position at what I consider to be a very good price, for several reasons.

1. This is in effect a start-up company where large investors have injected significant capital at a share price considerably above current levels.

2. The business has gone live and appears to be well on target - and may even be ahead of target.

3. I believe the share price is suppressed for reasons completely unconnected with the progress of the company. These are

(a) US legislation which is almost completely irrelevant as the company never had any plans to target the US market.

(b) The assumption that there would be significant equity dilution at current levels due to the Headstart facility.

(c) Due to (b) I believe that there is in effect a significant short position - maybe even by Headstart or associates. (if I was in the same business as Headstart that is exactly what I would do in order to hedge my own financial position)

4. Foo is no fool. As he himself has very significant equity exposure, he would be highly unlikely to put this at risk of serious dilution. In his original business plan he will or (should have) already raised sufficient capital in order for the company to go live and become cash flow positive assuming that conservative targets were met.

5. If there is no equity dilution, the short positions will need to be closed, and this is a very illiquid stock. The shorts will only be able to be closed at whatever price existing holders are prepared to sell at. I believe most holders of this stock are long term, as true value is highly unlikely to be realised for at least a couple of years.

6. I believe that the capital injected into this company has been well used and not wasted as is the case with many similar companies of this size.

7. I believe the company has significantly more inherent value, than is indicated by its tiny Market Cap.

8. The details of the deal with Partouche have not been revealed but may be significantly better than has been assumed.

This remains a high risk investment, but I think it likely that the shareprice will be considerably higher than current levels in a couple of years time. They could of course go bust in which case I will lose my entire investment - but I think the odds are worth taking balancing the upside potential with the risk of total failure.

Tony

The Alexa ratings are also picking up for Pokerwize.com and lets not forget, you only need visit Pokerwize.com once, when you download the software, as when you play on line you do not access the Pokerwize.com site (unlike others, eg PKR.com, where you must go through the PKR web site each time in order to play)

http://www.pokerwize.com

**************************

http://www.pocketfives.com/F697444F-A258-4715-A969-CCECD88DC1D9.aspx


Wanna be a part of the first ever Pokerwize 3D TV Tournament? Then download Pokerwize and sign up now by Clicking Here

$500 Freeroll takes place on Monday, January 22nd at 8:00pm GMT. Registration for this tournament opens Friday, January 19th at 8:00pm GMT. The broadcast starts 9:00pm GMT and can be viewed on Sky Channel 843 where available and on www.pokerzone.tv. The tournament is limited to 600 pokerwize players so hurry up and register for your chance to be on tv.

Final Table Payouts are as Follows:

1st $175
2nd $100
3rd $75
4th $50
5th $40
6th $30
7th $20
8th $10

Tournament can be found in the lobby by visiting TV - Scheduled Tournaments - Multi Table - PokerWize TV Freeroll.

Hi PP, I first held this stock a couple of years ago under the name of Bits corp. Currently prices are about a quarter of what I got out at, and I am considering holding again, purely out of my profits, therefore gaining a free ride. You suggested several reasons for why you think the price has been supressed. The one thing that slightly concerns me is, that if you can download pokerwise for free, how is the company going to make money from it. Is the only incentive the cash prizes.

oilyrag, its on line poker.

Pokerwize you play on line, as part of the Microgaming network. Playwize earn money from the rakes, like other Poker software companies do.

The old BITS which is the new Playwize, is not really about gaming software now, its about being an On Line Gaming company.

Ta, thought that they would only have produced the software, hadn't realised that the company had changed strategories.

Yep, all changed now.


The TV Tourney, details below. Its a Freeroll, so its free to enter, and of course, you can win a prize and get yourself on TV too :) All for free.

http://www.pokerwize.com/email_template/TVTournament.html

PP, great to see TV exposure starting Monday, should bring in a few more 'Z's

Yes, and also there is a 1500$ Freeroll on TV on the 29th Jan as well.

http://www.pokerzone.tv/interview_detail.asp?ID=9


Freeroll's are free to enter, but with cash prizes, and a great way to try out your Poker skills, all for free.

In case anyone is wondering how to enter the Pokerwize Monday Night TV Freeroll 500$ tomorrow, as they have not played these tournements before, here is a guide, I have highlighted the "click" area in Green Boxes :

Open up Pokerwize and go to "Play Online"

Then in the Main Lobby Area (if not already) then click on "Change View" and change so you get the classive view, as below -




In the classic view, you can "Choose Your Game" with the left hand menu, so here, click on "TV"




In the TV sub menu that opens click on "Scheduled Tournements"




Then in the "Scheduled Tournements" sub menu click on "Multi Table"




Now in the big "Choose your game" middle menu you'll see the 2 TV tournements for Pokerwize, one on the 22nd and one on the 29th, both free to enter but with cash prizes, and also being shown on TV.




So click on which one your want to enter, and then in the right hand side, click on "Tournement Lobby"




One in the Tournement Lobby, click on the "Join/Leave" button which will then ask if you wish to register.





Now, you can go back to the main lobby and also register for the 29th Take Sports TV Freeroll tournement as well, by clicking that one, and entering the password "TVWIZE" when requested during the register process.


You'll see in the Tournement Lobby area the time until the game starts, once you are registered all you have to do is have Pokerwize open and Play Online at the starting time, and the game windown will automatically open for your to start playing, at the tournement start time, its that simple..........


Hope that helps !!!

144 signed up for the 1500$ this coming Monday night "Freeroll" so far, if you want to play its under TV, Sceduled Tourenments, Multi-Table, Take Sport Freeroll and the password, when requested, is "TVWIZE" and of course, being a Freeroll, its free to enter BUT with cash prizes !!

You can download the Free Poker Software (including a tutorial and off line practise games) from http://www.pokerwize.com

The link for the above details :

http://www.pokerzone.tv/interview_detail.asp?ID=9

To watch tonights Take Sports Freeoll game now (some good coverage tonight, in between the other stuff), you can open the link below with Real Player :

http://player.narrowstep.tv/skins/0018/nsp-mini.aspx?player=pokerzone_mini&nsess=1&chid=427


I went out in 87th place from 314 that started ( silly "all in" gamble I lost...again )

The following link lists all the Tournements on the Network, and for those still testing their ability but do not want to risk any cash, you can of course play the "Freerolls" totally free, but of course you could win cash prizes.

To find the Freerolls then go to the link, look down the "Buy In" column, and when you see Freeroll it means its free to enter. You have to register before hand, normally an hour before is when you can start to register, simply go on line, find the tournement under Multi-Table, Freeroll and register yourself (by going to the "tournement lobby" and hitting the "Join/Leave" button. When the start time comes the game window will open automatically provided your on line with Pokerwize.

Here is the link to the tournies weekly summary :

http://www.microgaming.com/pntournamentswts.php?d=8

Monday 5th February - 500$ added to the prizepool for Pokerwize PNL TV MTT


From PokerZone

Pokerwize exclusive $500 Added tourny

----------------------------------------------------------------

Great Value tournament this Monday Night on Pokerwize with $500 ADDED to the prizepool.

The tournament starts at 8pm GMT on Monday 5th February. The tournament costs $5 + $0.50 to enter. Remember theres $500 ADDED to the prize-pool. Thats 100 players worth of dead money up for grabs!

The tournament can be found in the TV section of the lobby under Scheduled Tournaments. The tournament will of course be covered with expert commentary on Mondays Poker Night Live.

Visit http://www.pokerwize.com to learn more about Pokerwize and to download software.

Progress, thats what I like to see.

The Monday 5th Feb Pokerwize evening 500$ add on TV Tourney is now advertised on the website and also they have the link there showing how to register.

http://www.pokerwize.com/email_template/tvlink.html


Its a 5$ tourney, so costs 5$+50c to enter (total 5.5$). Its a Freezeout, which means you have your chips at the start, and you cannot rebuy or add on any further chips during the tourney.

Its also a 500$ prize pool add on, which means the prize pool starts at 500$, and to this is added all the 5$ entry fee's, so the prize pool to win is larger (with the equivalent of 100 players entry fee's in for nothing).


Anyway, its nice to see Playwize listening, learning and getting things improved, well done there.

http://www.pokerwize.com

For all Pokerwize users :)

http://www.pokerwize.com

Another new all time high (on the unreliable Alexa) of 15 per million :

The latest email was sent out, everyone should have it who is registered, if not you can read it here :


http://downloader.pokerwize.com/email_template/NewsLetter06aWeb.html

Click on the picture above to see how to enter.


Click on the link below for details

http://downloader.pokerwize.com/email_template/TV_SitNGoWeb.html