Thread: the next ebay?
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Old 06-02-2004, 07:14 PM  
herbal logic
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Join Date: Feb 2004
Posts: 1,172
Quote:
Originally posted by SeTec
what happens if not enough tickets are bought?
then your item doesnt sell I assume. See, they claim a 40% increase in profit as opposed to listing on ebay, as the seller sets the price, and the price determines the # of tickets needed to close the auction. Prizewize pays the seller, - 17% fee.

Just think its an interesting concept. the share price is around 0.06.
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