OTCVault.com
Issue 402 Volume VI February 2003 Market Research & Analysis
CMRA (OTC:BB) - Chimera Technology Corp.
Symbol - CMRA
Shares Outstanding ˙FFFF96 41,000,000
Float (est.) - 2,500,000
Last Trade - $ 0.022
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Chimera Technology Corp: In only a few short years, on-line gambling has become one of the most popular and successful business ventures on the Internet. Despite skepticism from many in business, and the computer and gaming industries, Internet casinos have proven successful and have gained wide acceptance from consumers.
Chimera will enjoy one-time administration fees and ongoing royalties from licensees on a monthly basis. To further enhance the success of these licensees, Chimera has selected Pegasus Marketing Corp., an Internet marketing company that possesses years of experience in the Internet marketing sector, to exclusively help our licensees getting off the launch pad by providing their expertise to device proven marketing campaigns to lead our licensees to profitability in the shortest time possible. Our revenue will greatly depend on the number of licensees we selected and awarded the license to utilize our software as well as the revenue generated by these-licensees.
In keeping with this mission Chimera has already begun an aggressive acquisition campaign. In September of this year, Chimera completed the first of many such acquisitions in the purchase of 724Bingo.com, an online gaming development, e-commerce & software management company. 724Bingo.com has developed a top- flight online bingo technology and a full line of online casino software. To manage these programs 724Bingo.com has also developed its "BIRDS EYE" Management System, a complete state-of-the-art back office management system. This system, combined with the gaming software, offers Chimera the opportunity to quickly establish a presence and and annex market share in this burgeoning - and lucrative market.
724Bingo.com, a subsidiary of Chimera Technology, was acquired on September 30, 2002.
724Bingo.com has successfully developed a supreme online Internet bingo technology, a full line of online Internet casino software as well as a state of the art ˙FFFF93BIRDS EYE˙FFFF94 Management System (BEMS), a complete back office management system that operate the entire e-Commerce, gaming website, that will give 724Bingo.com an opportunity to establish a leadership position in this enormous market.
For more information, please visit www.724bingo.com
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