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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Ga Bard who wrote (2387)6/22/1999 11:44:00 PM
From: Jorjenzak  Read Replies (1) of 4766
 
FWIW...reply from Tom Hughes (company CEO) to concerns aired about BETT dividend PR:

Hi **********,

Tom: There has been a bit of discussion on SI about your PR on the dividend. Most non-BETT thread members are indicating they question the legality and fairness to current registered shareholders.

Answer: This is perfectly (no pun intended)legal and was done with our SEC attorney's supervision.

(by way of explaination the pun he is referring to the company's P.E.R.F.E.C.T. system for same as cash transactions for e-commerce to circumvent the 'net and its attendent security problems)

I suspect that the offer includes those shareholders of record as of June 30th, regardless of when they came to be of record prior to that date. Correct?

Answer: Correct. If someone has an IRA account... then leave it alone and simply purchase new stock and order that the broker alerts Corporate Stock Transfer to issue a BETT stock certificate.

If not, will the company honor requests of current shareholders to have new certificates issued as June 30th certs to qualify?

Answer: Absolutely!

Further: Done with our SEC attorney's office guidance all the way. Please inform the BETT shareholders to NOT CONTACT Corporate Stock Transfer... that is done by the Brokerage House.

You can share all the information.

GO BETT!!!
Tom

Further, BETT, now known as eConnect, is fully reporting with SEC and is starting generating profits with only a small part of its revenue generating sources in initial operation. Rare for an OTC:BB, eh? Check out DD Central on BETT thread for more infomation if you are inclined to learn more. I am long on my (unfortunately small as I am financially challenged) position in BETT. DO YOUR OWN DD, don't rely on me or my opinions or those of others. Only you know what is a good risk for you.
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