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

To: ocmayor who wrote (848)	1/10/1999 8:18:00 PM
From: GC	Respond to of 2909

<Our goal is to be NASDAQ trading by September 99.> Another red flag , question how can they get Nasdaq listing by Sept 99 The listing requirements for Nasdaq Small CAP are net tangible assets $4 million or market cap $50 million or net income $750,000 public float 1 million shares market value of public float $5 million minimum bid price $4.00 market makers 3 I like the company but the red flags are starting to pop up when the MM get wind of this they will force the price down and their is nothing we can do about it. before putting to the thread about a Nasdaq listing , should concentrate on getting BETT moving.I wonder how many shares they are planning to put up for sale , have they got a $$$$ amount in mind that they want to raise.Would be nice to know then we can figure on how many more shares will be out there come May or Dec. they have 4.8 mil shares public float at $4.00 they would have 19.2 mil market cap shy from having 50 mil. net income of 750,000 shy again and remember this is just for the small caps