SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?


To: Marc A. Richter who wrote (1664)4/2/1999 1:06:00 PM
From: steveK.  Read Replies (2) | Respond to of 2909
 
The latest 10QSB filed yesterday reports outstanding shares as 10,712,234 as of 11/30/98.Can anyone update me on the float size at this time?I was under the impression it was still under 5Mil.
Reading the 10QSB,I did like the part re:BETT receiving transaction fees between 2-6% of the wager placed on a pay per play.Sounded real nice to me.
Happy Easter and Happy Returns-

stevek.



To: Marc A. Richter who wrote (1664)4/2/1999 1:52:00 PM
From: SCOOBEY-DO  Respond to of 2909
 

This is BETT's cash flow from the 10-QSB

Six Months Ended Six Months Ended
Feb. 28, 1998 Feb. 28, 1997
Cash Flows From Operating Activities
Net loss (Note 9) $(25,128) $(35,912)
Changes in assets and liabilities:
Accounts payable 7,999 8,965
Commissions payable 3,001 0
Cash Used in Operating Activities (14,128) (26,947)
Cash Flows From Financing Activities:
Proceeds from additional borrowings 0 26,947
from stockholder
Proceeds from issuance of common stock 0 0
Proceeds from borrowings from related 15,694 0
party
Cash provided by financing activities 15,694 26,947
Net increase in cash 1,566 0
Cash at beginning of period 45 0
Cash at end of period $1,611 $0