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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (2387)	6/22/1999 10:11:00 PM
From: makin_dough99	Respond to of 4766

Why GaBard? just curious - all well?

To: Ga Bard who wrote (2387)	6/22/1999 10:50:00 PM
From: Jorjenzak	Read Replies (1) \| Respond to of 4766

Then you are equally unsure as to whether it is illegal. I will see what I can find out and try to report. On its face, I do not see any problem. If you already have your certs (which I doubt anyone would unless they got shares through a 144 offering or other direct purchase) then you could simply request the company to reissue the shares as a June 30th certificate. I doubt the company would object. I'll emial the CEO (who is always open to questions) and get his response to these concerns. Do you have anything specific to add to the discussion? Until then...it looks like easy free shares for a good purpose. BTW, one BETT thread member spoke to his brokerage about this unique strategy and was told they knew of one other company who did this and succeeded in beating the shorts away (to Chapter 11 I hope!) FWIW.

To: Ga Bard who wrote (2387)	6/22/1999 11:44:00 PM
From: Jorjenzak	Read Replies (1) \| Respond to 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.

To: Ga Bard who wrote (2387)	6/23/1999 3:18:00 AM
From: Ga Bard	Respond to of 4766

Ok ... I do not know whether it is fair or legal but one rule I have is when a company wants you to caqll for certs for whatever the reason ... I sell or take it off my list. I can see no one calling for their certs and sending them to the transfer agent .... Not worth the 5% or the warrants. You can;t sell or anything. Been through this with other companies. When they try to get shareholders to call for certs is just a red flag. I was looking into getting into BETT and was doing DD on it when that release came out. I stopped and that is where I am at. WOnt touch it ... SCTK, ETEL, and others are just as good. 10,000 tickers out there to trade and invest in ... why invest in one that I have to call for my certs. GB All is great with me.