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

To: C.Carlos who wrote (2811)	6/21/1999 8:59:00 AM
From: bob	Read Replies (2) \| Respond to of 2909

Here's the news. Monday June 21, 8:10 am Eastern Time Company Press Release eConnect Announces 5% Stock Dividend and Warrant Dividend for Shareholders of Record LOS ANGELES--(BUSINESS WIRE)--June 21, 1999--eConnect (OTC BB:BETT), a fully reporting company, today announced that it will be offering two separate dividends to shareholders of record as of June 30. ''To be eligible, shareholders must be 'shareholders of record' as of next Wednesday, June 30. This requires that they contact their broker to obtain a stock certificate representing their shares,'' stated Thomas S. Hughes, eConnect Chairman and CEO. To participate in the dividend program, shareholders must: 1) Have their broker instruct Corporate Stock Transfer, Inc. (BETT's transfer agent) to issue a stock certificate to the shareholder. Corporate Stock Transfer can be contacted at 303/595-3300. The contact at Corporate Stock Transfer for this program is Christine. The certificate must be issued by June 30, for the shareholder to be eligible for the dividend program. 2) Present the stock certificate to eConnect on September 1, 1999. eConnect will then arrange for the issuance of a new certificate, with 5% additional shares, which will be sent to the shareholder. eConnect will also issue warrants to the shareholder at that time, in the amount of 1 warrant for each (original) share of stock. The warrants will be executable from June 30, 2000 through June 30, 2002. The warrants will be for 1 share of common stock each, at $1 per share. To execute the warrants, the warrants and the stock certificate issued Sept. 1 1999, must be presented to eConnect. eConnect is a publicly traded company, focused on eCommerce. Part of eConnect's mission is to ''take the Internet from credit to cash.'' To that goal, eConnect is developing proprietary hardware, software, and a transaction processing host needed to implement P.E.R.F.E.C.T(TM) processing services. eConnect owns and operates Internet sites and kiosks, and markets P.E.R.F.E.C.T.(TM) products and services to enable other Internet and non-Internet merchants to accept ATM and Smart Card payments from consumers, for purchases, bill payments, etc. eConnect is already generating revenue from web sites that it operates or licenses technology to, such as 777Wins and eSportsbet; and projects revenues to grow rapidly as new web sites are acquired, and as P.E.R.F.E.C.T.(TM) processing services are provided to other Internet merchants. This press release contains forward looking statements subject to the safe harbor act created by the Securities Litigation Reform Act of 1995. Management cautions that these statements represent projections and estimates of future performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn in economic conditions, or delays in product development. -------------------------------------------------------------------------------- Contact: For eConnect: Carnegie Cooke Anita Goldberg, 800/262-2331 (Investor Relations) or For ET&T: Prima Capital, Elias Argyropoulos, 800/600-8599

To: C.Carlos who wrote (2811)	6/22/1999 10:57:00 PM
From: Ronald P. Margraf Sr.	Read Replies (2) \| Respond to of 2909

Hi Carlos & ALL, Other then the post that I am going to make to you, I will not make any post PP or public until I talk to Tom. So I will not respond or give any opinions or feelings until then. I think that is the best way to deal with this stir that I created. I feel that this is getting out of hand and I don't want to be the one that continues it. Let me talk to Tom. For all you that might think that I'm trading my stock. Forget it. Not yet. When an if I do, I will post it on my thread. Will give you fare warning for whatever it is worth. I think that we are seeing the worst and that is good. From here, that is good. I'm down on this stock 20%. Translate that to dollars and cents. Well like it was told to me when I was in the service, eat it.;-)))))))) Been there, am there and am not concerned at this point in time. Later, Ron