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Microcap & Penny Stocks : DD Central on ECNC (formerly BETT) -- Ignore unavailable to you. Want to Upgrade?


To: Jorjenzak who wrote (205)6/25/1999 11:35:00 AM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 266
 
To all ECNC shareholders:

To recap our 5% Stock Dividend and Warrant program incentive to recover your shares as an ECNC shareholder of Record:

1. Only your Broker should contact Corporate Stock Transfer to order your shares to be delivered to you as an eConnect stock certificate.

A. Simply contact us by June 30 with an email or fax with a letter from your broker that the process has started. We realize that the actual delivery of your eConnect stock certificate may take longer.

B. You may purchase new ECNC stock between now and June 30 and also participate in the 5% Stock Dividend and Warrant program.

2. Once you receive your eConnect stock certificate, simply keep it in your desk. ---Do Not Send It To Us.--- We will contact you prior to September 1, 1999 with instructions to send us your certificate which we will replace with a new free trading ECNC certificate of 5% additional ECNC stock shares. Plus you will receive your Warrant for $1 per ECNC share which is exercisable from June 30, 2000 to
June 30, 2002.

3. For IRA accounts, we will issue you a Warrant for $1 per ECNC share that was in your account as of June 1,1999. This Warrant can be exercised from June 30, 2000 to June 30, 2002. IRA account ECNC shareholders will not receive a 5% Dividend, but are welcome to purchase new ECNC stock and simply instruct your broker to issue you an eConnect certificate.

If there are any questions, please PM Scoobey who will then contact me.

Onwards ECNC!

Tom



To: Jorjenzak who wrote (205)6/30/1999 8:50:00 AM
From: SCOOBEY-DO  Respond to of 266
 
News Release:

June 30, 1999 08:14

eConnect Announces eSportsbet Web Site Will be Ready August 1

LOS ANGELES--(BUSINESS WIRE)--June 30, 1999--eConnect (OTC BB:ECNC),fully reporting, announced that its eSportsbet business unit, eSportsbet.com, will be fully functioning in time for the Monday night, August 9, first preseason NFL game.. "We are expecting our best ever eSportsbet month report for June and will release our June revenues and earnings on July 6th. To date, our business has been with no Internet presence, simply over the phone orders. With the addition of our Internet site as of August 1, combined with our present non Internet business, we are projecting a substantial revenue increase for the third quarter," stated an eConnect spokesperson. eConnect is pursuing P.E.R.F.E.C.T(TM) which are personal encrypted transactions effected from remote sites, by hardware, and that are financial and electronically card originated. eConnect is made up of two divisions: The first, eGaming, is presently generating revenues and earnings from its esportsbet.com and 777wins.com acquisitions. The second division,eGate, is launching a July start date of EzyShop(TM) whereby waiting consumers can shop from upscale catalogs by using their bank cards with the eConnect EzyShopper(TM) device which then sends transactions by modem to the eConnect bank host for card authorization. Over the next 12 months, other eConnect business units will evolve from the EzyShopper(TM) eConnect is planning August testing with First Entertainment.com (OTC:BB:FTET) of ATM card with PIN same-as-cash purchases as part of the P.E.R.F.E.C.T(TM) services and technologies that eConnect will offer to Internet merchants. eConnect is both Internet and non Internet related and services both gaming and non gaming merchants.

This news release contains forward-looking statements subject to the safe harbor act created by the Private 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: Carnegie Cooke
Anita Goldberg, 800/262-2331 (Investor Relations)
or
For ET&T:
Prima Capital
Elias Argyropoulos, 800/600-8599