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

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To: Jorjenzak who wrote ()6/8/1999 11:08:00 PM
From: Jorjenzak  Read Replies (1) of 266
 
To: DaiTN (2493 )
From: j g cordes Tuesday, Jun 8 1999 8:33PM ET
Reply # of 2496

Great report Dai.. appreciate your honesty especially on "ET&T and eConnect had signed a licensing agreement of $8,000,000 dollars for the next 20 years!" This appears to me to be more of a technology or service lock in than anything else.

I am more curious about the "100 Millions offering.. 10 million shares will be issued this week or next to pay for the acquisitions of 77wins.com. eSportbet, Rogel Technologies" It seems to me the modest but already profitable and growing compaines (77,eS, and Internet Casino) are being umbrelled with Rogel into a new portal community.
If this works, then its a good move that should generate cash flow growth much more quickly than as separate entities while offering some synergy we won't see until it happens. Are they also being paid with stock or money from stock sales? Any portion from stock is a free expansion of talent capital and incentive while getting control of some positive cash flow. That's great for us because it quickly creates company mass and deepens resources. Growth is about the only thing wall street takes notice of at this stage. Its one of those odd dilutions that could immediately increase share value if used properly.

I'll stayed tuned.. whoever puts a harness on cash transfer casino internet and offshore will have one fast ride.
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