To: SCOOBEY-DO who wrote (323 ) 8/4/1998 5:43:00 PM From: SCOOBEY-DO Respond to of 2909
To all Betting Inc. shareholders, I received this announcement today from Tom Hughes to be shared with all of you. The announcement is as follows: "Dateline Las Vegas and Los Angeles: Betting Inc., OTC:BB:BETT introducing PERFECT industry to Uganda for mass market USA to Uganda electronic commerce. "Richard Williams, the Honorary Counsel General of the Republic of Uganda to California, has announced that Betting Inc. will bring the Pay Master to Uganda which along with the ET&T bank host processing center, will start up the applications of PERFECT(personal encrypted remote financial electronic card transactions) wagering and PERFECT shopping transactions. "" We will assemble the Pay Master in Uganda and look forward to our people being able to effect Uganda to the United States mass market electronic commerce thanks to the introduction of the PERFECT industry in our country and carrying the PERFECT industry into other sub Saharan African countries," stated Richard Williams. "Specific emphasis will be focused on wireless PERFECT transactions and the taxation of the merchant revenues generated from PERFECT purchases and PERFECT wagering winnings. ""We are strong believers that the PERFECT industry will be global within 18 months. Uganda is the first country to understand that. With the ET&T bank host in Uganda, talking with the USA bank host, mass market same day payment transactions between Ugandan and United States citizens is now possible.... combine that with the new technology of bonding two home telephone lines into providing seamless video images .. which we now have access to, and you have the true beginnings of a global village," stated Tom Hughes, Chairman and CEO of Betting Inc. and ET&T. Contact: ET&T at 310-377-2803 (http://www.hpos.com) Contact: Richard Williams, Honorary Secretary Counsel Uganda: 310-967-2162" To All, I don't know how you feel, but I feel very comfortable with my investment in Betting Inc. Tom Hughes appears to be working very hard for the company, to move it ahead, while also trying to keep the shareholders up to date on current activity. Go BETT!! Scoobey