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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 (255)7/5/1998 6:17:00 PM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 2909
 
Hey Dan,
Here is a reply to your question on regulatory from Tom Hughes:
"Now that we are close to actually deploying the Shop While You Wait locations, we are focusing on finding bank sponsorship for gaming operators who wish to receive an ATM card with PIN payment.
"This is standard procedure. Mellon is approving Ladbroke but we need a smaller and more aggressive bank to start sponsoring gaming merchants.
"Remember, that as far as the United States is concerned, the transaction is replenishing only...the actual bet is placed by the player over a regular phone with the gaming operator.
"Thanks, and do you wish to talk over the phone about the business plan and the 504 D sometime this week?"
Dan, I hope that answers your question and Tom will gladly go into more detail over the phone if you are interested. Scoobey