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

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To: Rebel who wrote (271)7/8/1998 8:49:00 PM
From: SCOOBEY-DO  Read Replies (1) of 2909
 
Hey Rebel,
Penny stocks can be exciting. I try not to gamble with my money either. A professor once told me that if you have a steady job, you will always live up to what you make. The only way to get out of living day to day is to invest.
I don't think I have the answer to the question that you asked (Can it be tied into an existing bank account), but here is what I got from Tom Hughes:
"When a gaming merchant signs on (see information at the bottom of the site hpos.com )they are assigned a PERFECT designation. In the contract, they state their bank to deposit the funds. Our settlement bank handles all monies and strips off our $6 fee from Betting Inc. $4 is kept by Betting Inc and $2 is sent to ET&T.
"AS the PERFECT industry expands, any one can use either our equipment or other equipment to effect a PERFECT transaction. We expect to see many competitive bank PERFECT hosts in the next 24 months. The idea is that everyone will use Betting Inc. as the gate or interface of choice to the gaming operators to receive and send back acknowledgment of payment from the gaming operators to the ET&T or other competitive bank hosts."
My own thoughts. Since you put monies into a smart card before you you it (like the phone cards that you pay for up front and use later) I think that you will use the credit card or ATM card with PIN that you already. I will let you know if I hear anything different.
You might be interested in the answers to questions that I had. Per Tom Hughes:
1. Any transaction can be first on the Pay Master (which is the same as referred to as a terminal) which is the same unit whether shopping or replenishing as account etc. See web site (www.hpos.com) to view Pay Master.
2. Designed to attach to any home phone or office phone line. The SLICK (see www.hpos.com) working model will be ready by late August.
Newcom is working on the Pocket Pay. (artist rendering will be up in next 5 days on the site.) Go BETT!! Scoobey
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