Golf Rounds.com Stock Certificate - Scripophily
This Colorful stock certificate is not cancelled. "Notice the very low certificate number".
The golfrounds.com website provided news and stories on professional and amateur golf, local tee time services, local golf course reviews and information on tournaments and activities.
Prior to the acquisition, PKG Design had entered into an agreement with Lycos, Inc., a major Internet guide. Under the agreement, Lycos incorporated golfrounds.com into the Lycos website so that its customers could use Lycos to obtain information about golf. The revenues from this agreement were insignificant and almost all were derived from selling advertisements, often called banners, to reach Lycos customers. The Lycos Agreement was canceled by Lycos effective December 1999.
In December 1999, the Company entered into a content licensing and distribution agreement with TicketMaster OnLine - CitySearch, Inc. Under the agreement, TicketMaster would include the Company's golf content on the TicketMaster Internet websites. In exchange, the Company would receive a portion of net receipts generated from advertising banners, sponsorships or other devices on the TicketMaster sites. The Company never earned any revenue from this agreement.