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


To: Gutterball who wrote (186)6/17/1998 5:46:00 PM
From: Popiye  Read Replies (2) | Respond to of 2909
 
There are presently 10 million shares authorized. 9,600,000 shares have been issued. Of this issuance 4,500,000 are free trading... This is what is written in BETT's March Business Plan. I have no reason to doubt Anita from IR.

Please look at bigcharts.. set to five minutes; does not look like dilution, actually quite the contrary, first trade was about 1100:

chart5.bigcharts.com

Also note lots of folks may have gotten confused with NBET hype; note they all, but a few with tack 2, got burnt on (NBET) with a 19% down-tick today - People who drive on momentum must understand gravity.

Talking with Anita, investor relations, I am comfortable with the company and it's future business plan. It's a penny, it is speculative, and I expect to be reward for my/our investment funds. Additionally, they have not started total system testing for their global network - the last two news releases; they are also working on an in country (USA) gaming business plan, and commercial purchasing (similiar to credit card purchase) business plan.

I suspect the investors and traders today got in and out. BETT has recently had run-ups to .22 from .06. There may be some profit taking looking for greener pastures. Once testing begins and passes... IMHO these prices will be in our review mirrors.

Best wishes:)