ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY Message Board

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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: Marc A. Richter who wrote (1664)	4/2/1999 1:52:00 PM
From: SCOOBEY-DO	of 2909

This is BETT's cash flow from the 10-QSB Six Months Ended Six Months Ended Feb. 28, 1998 Feb. 28, 1997 Cash Flows From Operating Activities Net loss (Note 9) $(25,128) $(35,912) Changes in assets and liabilities: Accounts payable 7,999 8,965 Commissions payable 3,001 0 Cash Used in Operating Activities (14,128) (26,947) Cash Flows From Financing Activities: Proceeds from additional borrowings 0 26,947 from stockholder Proceeds from issuance of common stock 0 0 Proceeds from borrowings from related 15,694 0 party Cash provided by financing activities 15,694 26,947 Net increase in cash 1,566 0 Cash at beginning of period 45 0 Cash at end of period $1,611 $0

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