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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?

To: Jorjenzak who wrote (2467)	6/7/1999 9:20:00 PM
From: longtom	Read Replies (1) \| Respond to of 2909

To all... My observations on the meeting.... 1) I registered with Anita prior to the deadline for doing so. I was contacted twice by econnect days before the meeting. (6 days and 4 days to be precise). I was also contacted Friday afternoon at my hotel. They couldn't have been more helpful or considerate. The limo picked me up at 8am as promised. 2) The site was comfortable with a lovely food and beverage service before and after the meeting. Tom and his staff were welcoming, cordial and available for as much private conversation as we wanted. It was a health club facility and we were adjacent to the handball courts. The noise from that was my only complaint. 3) We are only nominally in the online gaming business. This is not an internet gaming stock. This company is in the transactions business. They have the technology and the plan to be involved with countless electronic transactions that will be taking place on a global basis. Unfortunately I left my handouts in the hotel room, so I have nothing to refer to but my own shaky memory (up until 3am that nite playing poker). There were some very bright people at the meeting. I'll leave it to them to provide more details. 4) The questions asked at the meeting were probing and pointed. The answers satisfied me (I only speak for myself). I'll leave it to others who were there to fill in more of the details. 5) The business plan is amazing. If it succeeds this company will be very prosperous. Sorry to be vague, but I don't want to put out any inaccurate info. Please Scoobey, Ron, Dai, others, pick up the slack here. Tom

To: Jorjenzak who wrote (2467)	6/8/1999 12:10:00 PM
From: Ronald P. Margraf Sr.	Read Replies (1) \| Respond to of 2909

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