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

To: rick f who wrote (833)	1/9/1999 3:35:00 PM
From: Popiye	Respond to of 2909

ET will IMHO will not go public. Best wishes:)

To: rick f who wrote (833)	1/9/1999 3:40:00 PM
From: ocmayor	Read Replies (3) \| Respond to of 2909

Subj: Letter from Tom Hughes Date: 1/9/99 12:00:03 PM Pacific Standard Time From: Rick 824 To: OCMAYOR Another Letter from Tom to a new BETT share holder.... I just recieved some info from Tom Hughes. On a few questions I had asked him. I asked him what we could do as share holders of BETT, what the short term prospects were of seeing an increase in the price per share and when would the share holders meeting be. Here is his very interesting response. The more I find out about this company the more I love it!! GO BETT!!!! Marc, Thanks for your interest in eConnect. We will be issuing a simple and short press release on Monday to clarify what eConnect is strategically planning. Additionally, Jim Wexler will introduce himself to the thread. The goal of eConnect is to be the driving force and the leading company for PERFECT wagering. By 2001, we believe the global PERFECT wagering market will be at least $200 billion. Now, the amazing aspect about PERFECT wagers is that the winnings will be taxed at the moment of transfer back to the players bank. Imagine what this means for State budgets, national budgets and the global civilization as a whole. No more cut backs on social programs and humanitarian efforts. All because of the PERFECT wagering industry! A PERFECT wager works as follows: 1. The player uses a PERFECT device which could be landline like the Pay Master or wireless like a PocketPay or internet related like a Slick (see www.hpos.com). There will be many types of PERFECT devices by 2001, and many will be used to pay bills, send donations etc. 2. Let's say you are placing a lottery bet from your home with a PERFECT device at 2AM. Usage of either an ATM card or smart card will send non reversible cash from your bank account to the lottery bank account. 3. The transaction travels toll free by modem to our ET&T bank host processing center. It is a data not voice transaction. The ET&T host then authorizes the transaction and contacts eGate, and pays eGate a fee to contact the lottery for acknowledgment of the lottery bet. 4. In seconds, the Lottery acknowledges the transaction and sends the response back to eGate which then contacts ET&T, which then ships both the bank authorization and the lottery acknowledgment to your PERFECT device which will then print a receipt for you. 5. Now, let's say you win the equivalent of an electronic scratch off for a winnings of $800. The pathway from your bank account to the lottery bank account is easily followed by the Lottery bank back to your bank. However, along the way, the Federal, State and local governments will take a portion of your winnings as taxable income. 6. Your next receipt is the winning amount less taxes deducted. That is a PERFECT wager. The goal of eGate is to be the relay point of choice of many Host processing centers and to be an established global presence in 2001. eGaming will be using the stock value to purchase gaming companies as wholly owned subsidiaries who will retain their own identity. Remember that by 2001, millions of people a day will be playing games of skill and games of chance and placing electronic cash wagers with each other by PERFECT devices. The best way you can help BETT grow Marc, is to send out this letter to your friends and note the long term goal of eConnect and how we see PERFECT wagering as a means to the end of budget cutbacks on social and humanitarian programs. We would also like to start keeping a list of who is purchasing stock, as when you buy in the market and do not take delivery of the stock certificate, we have no clue as to who are BETT shareholders. We consider everyone who is purchasing and holding their BETT stock until September 1999 as being long term investors who will be rewarded for going long on BETT. We are open to suggestions from the threads as to what makes sense for the long BETT shareholders. So, it would be worthwhile to start a web site listing the long BETT shareholders who have not taken delivery of an eConnect stock certificate. Perhaps the Long BETT Shareholders club? We are confident that you will see BETT's share price reaching positive numbers over the next 30 days, and the NYC trip will positively impact the stock. With long BETT shareholders Holding, that forces the market makers to go higher on the BID, which gives eConnect a strong position to acquire companies, effect strategic alliances and to accomplish the implementation of PERFECT wagering. After the 10K is filed this month, we will call the shareholders meeting for Las Vegas. Allow 30 days for the proxy statement returns, so the meeting will probably be held in March. Thanks for your interest. Tom