X0202 4 2007-07-25 0 0001318482 BINGO.COM LTD. BNGOF 0001337851 Praetorian Capital Management LLC 119 WASHINGTON AVENUE SUITE 600 MIAMI BEACH FL 33139 0 0 1 0 Common Stock, no par value 2007-07-25 4 P 0 100 0.335 A 8650100 I See Footnote Common Stock, no par value 2007-07-26 4 P 0 9900 0.34 A 8660000 I See Footnote This Form 4 is being filed by Praetorian Capital Management LLC, a Delaware Limited Liability Company (the "Management Company") which serves as investment manager or advisor to Praetorian Offshore Ltd. and Praetorian Institutional Offshore Ltd. (the "Funds") with respect to the shares identified in this filing. The Management Company makes the investment and voting decisions on behalf of the Funds but owns no direct investments in the securities of the Issuer. The Funds directly own the shares of the Common Stock of the Issuer but do not make any decisions as to voting or buying or selling shares of the Issuer. Of the 8,660,000 shares owned by the Funds, 99.88% are owned by Praetorian Offshore Ltd. and 0.12% are owned by Praetorian Institutional Offshore Ltd. Harris B. Kupperman 2007-07-27