PsychicCash(TM) Announces Initial Public Offering PsychicCash, a leading developer of electronic commerce systems, today announced that it will sell 4.5 Million shares of common stock at a price of $25 a share. "This IPO will make me very rich" said co-founder Dan Thompson, "but of course you already knew that." PsychicCash pushes secure, thought-driven commerce into the modern world. PsychicCash is the holder of a number of crucial psychic commerce patents, including those on psychic blinding, psychic key-exchange, and psychic anonymity. The PsychicCash technology is based on the idea that there is no need for paper bills or plastic cards. Instead, a user simply thinks to exchange money. PsychicCash requires no hardware, and little knowledge of cryptography, however, it does require doing 1024-bit modular exponentiation in your head. "This is the logical progression of things," said PsychicCash supporter Dionne Warwick. "The use of PsychicCash(TM) to secure transactions should completely remove consumers' concerns about the safety of psychic commerce." Through the use of their patented technology, PsychicCash allows users to transmit value to any vendor, in any denomination, in any currency. With a future release of the protocol, a few additional multiplications will allow PsychicCash users to anonymize either party. The release is currently on hold due to problems in accidentally revealing (thinking) blinding factors. "Psychic debit" technology allows secure transmission of value across time as well as space. That is, one can deduct amounts from payee's bank accounts before the idea to purchase has even been conceived. (A similar use of this technique overcomes prior art claims on PsychicCash patents by shifting the date of filing back as far as needed.) As with all cryptographic solutions, PsychicCash must first get export approval from the US government for each of its' products. However, an ingenious system, called telepathic key escrow (TKE), should allow the company expedited commodities jurisdiction approval. Using TKE, a user simply thinks his key to the National TKE Center, which will then allow access to the key only with a court order. Whether or not other countries will allow the NTKEC to escrow their citizens' keys is still unclear. For more information: Tel: 206-936-0123 Within the US and Canada, phone: 1-212-888-8879 fax: 1-212-935-3882 e-mail: sales@psychiccash.mil for customer and technical support: think Matt Thomlinson University of Washington, Seattle, Washington. Check my home page -- http://weber.u.washington.edu/~phantom