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

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To: C.Carlos who wrote (2562)6/11/1999 9:51:00 AM
From: SCOOBEY-DO  Read Replies (1) of 2909
 
I don't think that the news release should have used the words "buy-Back". eConnect is not buying the BETT shares. Tom's company ET&T is investing in BETT. It is better for ET&T to buy shares at $0.50 to $0.62 than to buy into the 10,000,000. It is also better for eConnect to find new investors in the investment community who will support BETT's business plan.
We need to get more recognition for the BETT stock and if Tom's buying the BETT stock moves the BETT price above $0.62, the investment community will be more willing to buy the 10,000,000 @ $0.62. The sale of 10,000,000 new shares will not dilute our shares.
I like the idea.
Scoobey
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