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

To: DaiTN who wrote (2696)	6/17/1999 1:13:00 AM
From: Ronald P. Margraf Sr.	Read Replies (1) \| Respond to of 2909

Hi Dai, Sorry if I came across as a disgruntaled stockholder. I'm really not in so many words, just curious and alittle concerned. Want to be able to sleep at night knowing that the chickens in the hen house are safe. Let me see if I can clearify my concerns without being long winded. Tom is ET&T, correct. Tom is responsible for e-connect conception correct? Therefore I see nothing wrong in him having controling interest of both companies. No matter how many shares that are out there he will always be No.1. Understand that, expect that. Where my concerns lye is ET&T taking out of the market another 2mil. share. This make the stock less liquid. Very price sensitive to movements up or down. Now there is a thought out there that if you have less on the market, the value of the stock that is out there is worth more. Sounds good but not always true. Earnings and news is what move the price of a stock up along with trading. As far as Tom controling the stock, that is exactly what happens. Where the conflict of interest comes in, is when and if Tom and or ET&T should make a major buy or sell just before a major price move in the stock, let it be up or down, then it looks suspecious and comes under scrutiny by the SEC. Stock could be halted or even suspended until an investigation is done. The SEC doesn't care who owns what and how much, just what you do with it and if you are impacting the share price. Now as far as that other 9mil+ shares that you are talking about, I asked him about that at the meeting and if I recall correctly, he said that that might not happen, because I expressed concern about stock dilution. As far as do I beleive that Tom is holding down the stock???? No!!! I think that would be foolishness on his part and if anyone was to find out that he was, then you would probably see a mass exit to the door with me being the first one out.;-)))) Now there could be an explaination for this always getting beaten down and you will have to answer this one for me because I don't know anything about it and that is 144 stock. I beleive you and a couple of folks here said you have some. So let me ask you, how do they work. When you exercise them, do you have to exercise them at a particular price????? Or can you exercise them at the current market price????? Now if you have to exercise them at a given price and if it is in the 40s, then that would explain alot of things. I can't imagine anyone pushing this down when it is going up. I always comes back to the same price level before it goes back up. So Dai, I hope that I've made my post a little clearer. Maybe I'm barking up the wrong tree here?????? Maybe there's nothing to all this???? I'm just looking for some answers. Theres probably a very simple explaination. Later, Ron