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Microcap & Penny Stocks : DD Central on ECNC (formerly BETT)

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To: Jorjenzak who wrote ()6/8/1999 12:37:00 PM
From: Jorjenzak   of 266
 
To: Jorjenzak (2467 )
From: Ronald P. Margraf Sr. Tuesday, Jun 8 1999 12:09PM ET
Reply # of 2481

Me again Jorj.,

Well, you want opinions and news huh? Well I have some areas that always
concern me when I buy into a company for a long haul and one of those
concerns is the burn rate. I asked them just that question and some others
that where important to me and I hope to others.

Q-1) What is the burn rate of the company as it stands right now?
A- About 50,000/mo.

Q-2) What is the share structure as of today?
A- ET&T has 52% of e-connect.

My guess is that ET&T has about 8mil or so. Then we have some folks
that have another 2-3mil. Now if my numbers are correct and they are
rather conservative, I would suspect that there is only about 3 mil or
so that is up for grabs. Thats not very much.

Q-3) Does all the revenues from all of our subs go into the E-connect
treasury and will that be reflected on the books as e-connects
reverues or the subs?
A- They will go into our treasury and be reflected as the bottom line.

Now that means that E-CONNECT could be showing some very good earnings
here soon. You take ROGEL and their JVC contract. 777wins and whatever
e-connect makes on its own, that could be pretty handsome in the next
couple of months.

There are some others that I will post but I'll have to check my mental
notes.

I'll get back with yea and all the rest shortly.

Ron

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