In order to finance the move, Smith sold $1,000 vouchers to customers/investors, which will be redeemable for future beer, merchandise and special access to new brews.
Unlike deal sites such as Groupon, TangoTab does not sell vouchers, rather, the registered customer claims an offer for free to dine out.
In contrast, the Czech Republic forged ahead with its privatization of state industries by selling vouchers at nominal value to millions of Czech citizens.
Both say also they'll use the online group buying companies to sell vouchers for their businesses again.
However, in May 2007 a man who had been selling vouchers was arrested in London, and this led many other voucher sellers to shut down their operations.
Additionally, Zellers stores sell prepaid feature phones and top-up vouchers.
Here is how it works: TransitCenter, a public-private agency, sells vouchers resembling bank checks to enrolled businesses.
They now only sell prepaid top-up vouchers for these providers.
Merchants who sell vouchers pass on the money to the law students, who reimburse merchants who have redeemed vouchers.
Those who sell vouchers do not make any profit on them.