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

To: Popiye who wrote (215)	6/24/1998 12:41:00 AM
From: Gutterball	Respond to of 2909

You miss the point. Consider, "3/26/98 /PRNewswire/ One of the largest home betting services is beginning home testing in April with Betting Inc. (OTC Bulletin Board: BETT - news) the usage of the Betting Inc. Pay Master equipment and bank ATM cards to open and replenish sports accounts, stated Tom Hughes, CEO of Betting Inc." That PR was issued by Betting Inc 3/26/98, almost 3 months ago. To date, there has been no report on this trial as to its outcome, whether it has led to any contracts or if it ever began for that matter. In a recent conversation with Anita, she stated Betting Inc has had no revenue and brushed this trial off saying they have yet to contract a bank to handle ATM transactions. The only story I see unfolding is a company projecting events that don't come to pass. And I am saying, if Hughes does not get control of the PR situation, then who is going to believe him when he comes out and says, we are beginning a trial, it will take about 3 weeks, and then we will be in commercial deployment. I would like to see a little more explanation than, "we have a business plan, but we are out of copies". Now please don't flood me with gestures like, "I'll be happy to fax you a copy of mine." This is not your responsibility. Having copies of a prospectus and business plan for distribution is part of the game. If a company can not stay on top of these simple prerequisites, then it casts a shadow over the general operations of the company -- albeit an apparent one man show. Considering Betting Inc is looking for financing, it does not behoove them to be lax in investor relations. Besides, what is wrong with telling the company wee investors want results or follow up on announced initiatives. Had you been more pressing these last 6 months, then maybe I wouldn't be here making a scene.