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ticalc.org Announces Micro-Payments
Posted by Nick B. on 1 April 2002, 07:04 GMT
SOLLENTUNA, Sweden—Saying that ticalc.org was barely breaking even, editor-in-chief Magnus Hagander has announced a micro-payment scheme. "Though we had success with our IPO three years ago, we've just had trouble making ends meet around here," Magnus was quoted as saying, "so we asked our staff members for some good ideas." "[Our Security Chief] was the first to respond, and came up with a most brilliant solution. '$0.10 for every click and $0.25 for every file downloaded,' he said. So I'm currently working on the database implementations of it now." For more details, we spoke personally to the Security Chief. "Well, with even Slashdot going to a subscription model, we realized that soon we may have to do the same. To stave off subscriptions, I felt this was the best way to go, especially since advertising didn't pan out. That being said, I think our users will enjoy being able to help out the site they love so much." ticalc.org (TICO) went public three years ago, with an initial stock price of $5 per share. The stock quickly rose to over $250 per share, but recently hit its all-time low at $3 per share and is being threatened with delistment. "With this new model, not only will we be able to finally pay our bandwidth bills, but also we'll be able to please our investors. Based on current numbers, we expect to turn a profit of around a nickel per share," Mr. Hagander said. For information on said bandwidth, we talked to Phil Genera, keeper of the ticalc.org statistics. "Well, we transferred nearly 157 gigabytes of data last month alone. We still owe from a year ago, though, but we feel now with our increased revenue we can pay off our hosting provider," he said. "Hopefully, if enough people pay, we'll soon be able to scrap the system in favor of something else, like maybe volunteer donations."
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The comments below are written by ticalc.org visitors. Their views are not necessarily those of ticalc.org, and ticalc.org takes no responsibility for their content.
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Re: ticalc.org Announces Micro-Payments
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Chivo 
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April First Post!
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1 April 2002, 19:25 GMT
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shucks!
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mechwarrior111
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A couple of comments:
isn't this like last year when you said you'd have to put ads on ticalc.org to stay alive? why is money so big? I think "Ticalc.org being sued for violating GPL" would be a funnier trick to pull.
Still cant beat calc.org's ticalc.org ripoff from last year though...
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1 April 2002, 19:40 GMT
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Re: ticalc.org Announces Micro-Payments
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DWedit
(Web Page)
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Void productions has a much funnier April fools page!
http://void.calc.org/
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1 April 2002, 20:30 GMT
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Re: ticalc.org Announces Micro-Payments
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Nick Johnston
(Web Page)
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Pay Money! Oh no! Not another April Fool's Joke. Almost got me though...good try!
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2 April 2002, 00:16 GMT
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Re: ticalc.org Announces Micro-Payments
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Barrett Anderson
(Web Page)
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NOOOOOOO, YOU SHOULDN'T MAKE IT RED, GOSH. now what everyone should do is wait until april 5th or something and THEN do your april fools joke, then people don't suspect it to be an april fools joke.
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2 April 2002, 00:54 GMT
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