We are seeking an affiliation with an organization that has the ability to manage and market a virtual “DoBetter Club”, which offers members the opportunity to bet on the relative performance of stocks*
This proprietary concept begins with a standard betting unit of US$200, for a betting period of 30, 90, or 180 days. The bet may be related to which of two SP500 listed stocks will outperform by the end of the agreed betting period. The bet can also be versus an agreed percentage change of the performance of the SP500 Index or gold.
The DoBetter Club will arrange for the necessary bet counterparties, and it will collect, administrate, and make payments related to wagers and will be paid a fee of 10% of winnings.
The Club will also offer investors at its website the benefit of using a version of the Perspective statistical service in which the relative performance of 10-year EPS, P/E and Price for any 2 of the SP500 stocks selected by the user can be displayed graphically. Therefore, the Club will have to subscribe to a statistical service which provides this data.
The Club can operate 24/7 without human involvement. The bet winners will have an extraordinarily high Internal Rate of Return and the bet loser will suffer a full loss of the number of $200 betting units wagered. Members of the Club will be required to have on deposit in their Club accounts the funds necessary for their bets to be transacted. The Club will always act as a broker arranging the bets, not as a bettor. Winning members will be paid at the end of the betting period.
We seek a continuing interest in the revenues of the Club and will both advise and participate in the marketing of the Club’s services. There are many postings regarding the Club and the benefits of Relative Performance Stock betting at our blog arthurlipper.com
Arthur Lipper, Chairman arthurlipper@gmail.com
British Far East Holdings Ltd.
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