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

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To: Jorjenzak who wrote ()6/10/1999 11:51:00 PM
From: Jorjenzak  Read Replies (2) of 266
 
To: DaiTN (2534 )
From: DaiTN Thursday, Jun 10 1999 1:45PM ET
Reply # of 2553

I got a reply from Tom regarding my question about ET&T and ecConnect relationship, licensing agreement, etc...

There will be some change to the positive folks. Here is Tom message!

********************************************************
Dai,

You will see the positive interconnections between ET&T and
eConnect over the next 30 days.

All profits generated by eConnect STAY with eConnect.

The only payment from eConnect to ET&T is a royalty arrangement for
Licensing fees and these fees will only be paid when eConnect has shown 6 consecutive months of earnings. When the Licensing Fee payments begin, they will be very reasonable and designed to not impact the bottom line of eConnect.

Additionally, ET&T has made cash infusions into eConnect over the last
year and will undoubtedly infuse more as we regard eConnect as the flagship of the PERFECT industry.

Tom
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