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

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To: Gutterball who wrote (252)7/2/1998 1:53:00 PM
From: SCOOBEY-DO  Read Replies (1) of 2909
 
This is a quote from the 504 D.
"Arbitrary Offering Price"
"The Offering Price of the Common Stock bears no relation to book value, assets, earnings or any other objective criteria or value. They have been arbitrarily determined by the Company. There can be no assurance that, even if a public trading market develops for the Company's securities, the Common Stock will attain market values commensurate with the Offering Price.
"There were 10,000,000 shares before the offering and will be 12,000,000 after the offering. The offering involves dilution in the book value per share of the Common Stock of $0.08 per share."
I do not know what the trading symbol is. If I find out, I will let you know. Go BETT!! Scoobey
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