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Strategies & Market Trends : DD'S Cellar Dweller Stock Watch -- Ignore unavailable to you. Want to Upgrade?


To: Due Diligence who wrote (232)5/5/1999 9:42:00 AM
From: Jorjenzak  Read Replies (1) | Respond to of 598
 
Check out BETT, Betting Inc. I believe they have now caught up on their SEC reporting and soon to show earnings and profit before year end.

Lots of acquisitions recently closed to start the in-flow of money. Great business plan and strategically positioned to cash in on people's fear of money transactions over the internet.

Main product is a system of doing same-as-cash transactions using portable and in-home hardware by-passing the internet. Main focus is on gaming but the business is not dependent upon State-side internet gaming so if it is regulated to death or enforced as illegal it will not sink this ship.

Recent post of message from the company president really outlines the business. I have been in since early February. The price has fluctuated between $1.00 and $.50. Lots of good news has come out recently but an insider dumped 250,000 shares and drove down the price. I think it will lift off to a new level above $1.00 in the next few months.

A bit over 14 million authorized shares but reports indicate only 5.5 million in float.

Check it out, do your own DD and let me know what you think. Does this qualify as a cellar dweller with a future above ground??