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   Microcap & Penny StocksDD Central on ECNC (formerly BETT)


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To: Jorjenzak who wrote ()5/26/1999 9:59:00 AM
From: Jorjenzak
   of 266
 
Started By: LPasko
Date: Mar 28 1998 2:45AM ET
Betting, Inc. (BETT) is a company developing electonic funds transfer methods to facilitate gaming transactions, in traditional locales, and in homes and offices. The company's technology will be tested beginning in April; should testing be successful, the company expects to fulfill an initial order for 60,000 installations. The stock is now at 7 cents, with very high upside potential should there be a successful product launch.

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To: Jorjenzak who wrote ()5/26/1999 10:07:00 AM
From: Jorjenzak
   of 266
 
To: LPasko (4 )
From: AugustWest Saturday, Mar 28 1998 11:47PM ET
Reply # of 2299

Betting Inc. (OTC Bulletin Board/ BETT) to Begin Testing Home ATM Card Sports Accounts and Starts to Lay the Groundwork for an Expected 250 Billion Dollar Global Home and Office Wagering Market by 2001

March 27, 1998

------------------------------------------------------------------------

LAS VEGAS, March 26 /PRNewswire/ via NewsEdge Corporation -- One of the largest home betting services is beginning home testing in April with Betting Inc. (OTC Bulletin Board: BETT) the usage of the Betting Inc. Pay Master equipment and bank ATM cards to open and replenish sports accounts, stated Tom Hughes, CEO of Betting Inc.

SWYW, the joint venture between ET&T and Smoky Mountains Technology, will be acting as the host processor of the Pay Master transactions and will also be placing Pay Masters in hotel lobbies for self service gaming transactions.

The Pay Master will effect home and public location self serviced transactions with no operator support. The usage of the ATM card will be as an electronic funds transfer transaction and is the same as cash to gaming operators.

At the conclusion of successful testing, Betting Inc. expects an initial order of 60,000 Pay Masters for delivery by the home betting service to their prime customers.

Betting Inc. is focused on the processing of global Personal Encrypted Remote Financial Electronic Card Transactions wagering.

SOURCE Betting Inc.

/CONTACT: Jay Goldberg of Carnegie Cooke & Co. Inc., 800-262-2331, or e-mail: jayg@sprintmail.com/ (BETT)

[Copyright 1998, PR Newswire]


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To: Jorjenzak who wrote ()5/26/1999 10:12:00 AM
From: Jorjenzak
   of 266
 
To: SCOOBEY-DO (38 )
From: Popiye Thursday, Apr 23 1998 9:00PM ET
Reply # of 2299

I do not understand Yahoo-there were five (5) news release's starting from November through present regards BETT. Now only two, the rest are gone? One was a correction where the release said UCMP was a subsidary of BETT. That's what caught my eye. Then I looked deeper and thought about BETT being dead for so long, and started thinking. Anyway...I notice presently the only releases are for March. I did keep a hardcopy of one, dated Thursday 22, 12:46 pm Eastern Time:

Betting Inc. to participate in Multimillion Dollar Venture between Smokey Mountain Technologies Inc, a UNICOMP Subsidiary and ET & T.

LAS VEGAS, JAN22/PR Newswire/--Betting Inc. (OTC Bulletin Board: BETT) announced today that it will purchase the Pay Master terminal from Shop While You Wait, the joint venture between Smokey Mountain Technologies Inc and ET & T that was formed to market an electronic shopping service for retail and waiting room locations.

Betting Inc will participate in the multimillion dollar venture between Smokey Mountain TEchnologies Inc., a UNICOMP subsidiary (Nasdaq: USMP), and Electronic Transactions and Technology to persue self service electronic commerce. ((Note ET & T also ))

I'm tired writing..hope you are getting "my" point. You will notice the deal is between: (BETT) + (Smokey Mountain Technologies, ET & T and UCMP). Look at other search engines on the net to locate the rest of the news releases. I really am not trying to hype the stock; trying to see if anyone can "see or read" what I'm reading into this association of companies. Please do you own DD.

I'll look at other search engines for the releases and post them when I locate them. Best wish:)


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To: Jorjenzak who wrote (2)5/26/1999 10:15:00 AM
From: Jorjenzak
   of 266
 
To: Popiye (40 )
From: Fli-by Thursday, Apr 23 1998 11:46PM ET
Reply # of 2300

For anyone who's interested; this is the URL:

pic1.infospace.com.

Just click...

Fli-by

A collection of PR's

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To: Jorjenzak who wrote ()5/26/1999 10:16:00 AM
From: Jorjenzak
   of 266
 
To: Popiye (40 )
From: Popiye Friday, Apr 24 1998 5:11PM ET
Reply # of 2300

Spoke with the BETT IR department today (24 April 98) regards what's up! Spoke with a lady there whom was pleasant; we communicated for a couple of minutes. Presently they are gathering "all" the approvals from the client's banks for utilizing ATM/EDI (electronic data exchange) data i.e., electronic cash transfers and account verifying capabilities. They are looking at having the approval phase totally collected and completed by 1 May 98 (next Friday); then, onto system testing with the controlled clients within the testing phase. Testing to be completed before the end of May. Looks like the testing is shifting to the right a little -by two or three weeks. I departed the BETT IR conversation being positive. The telephone number is 1-800-262-2331:)


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To: Jorjenzak who wrote ()5/26/1999 10:20:00 AM
From: Jorjenzak
   of 266
 
To: Popiye (43 )
From: Popiye Monday, Apr 27 1998 5:23PM ET
Reply # of 2300

Spoke with Anita (1-800-262-2331) IR for BETT located in Las Vegas. The following are some points we discussed:

1. BETT is a Missouri Charted Corporation, but their office is in California. They will be sending out proxies to shareholders to change their charter to Nevada due to better tax incentives within the next few months. The news releases are sent from Las Vegas because the PR and IR is in Las Vegas.

2. 1 May 98 they expect all legal forms, ATM bank and financial authorizations to be completed and ready to roll into testing.

3. First week of May they expect to start testing. I only asked them if testing was in the USA.. answer was yes. Testing should be completed also within the month of May. Upon completion they expect the companies that were being tested to sign-on with immediate revenues. Then, to close the other companies in the wings.

3. a) ET & T owns 60% of BETT and they are providing technology to
BETT.
b) Smokey Mountains Technology is a subsidiary of UNICOMP (UCMP)
and they are providing technology to BETT. I do not know how
much UCMP is involved, but I like it a lot.
c) BETT is also marketing catalogue sales from merchandisers;
also, wagering in 6 states the now are legal via ATM. IMHO
expect this to increase - gambling is in for state tax base.

(Wagering: how about everything, like horses, football, lottery,
casinio games, etc...IMHO / a little hype here)

4. BETT wants to become a fully reporting company as soon as possible
because they know NASDAQ requirements. Sounded to me like that will
a very high priority after testing.

5. IMHO the next 40 days will be very exciting for the company. They
will transform from a shell(?) to a company with clients and
revenues. I expect positive testing results before the end of
MAY, and a client base with revenue.
Please call Anita, ask your questions, and post them. Best
wishes:)


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To: Jorjenzak who wrote ()5/26/1999 10:21:00 AM
From: Jorjenzak
   of 266
 
To: Fli-by (47 )
From: Popiye Thursday, Apr 30 1998 6:03PM ET
Reply # of 2300

Received the Business Plan from BETT today. I'll type the first page, "only" 27 pages with graphs. I will omit the graphs etc as I work along.

Betting Inc is founded on the following premises:

1. That by 2001, everyone who gambles today will have some type of phone line or wireless or computer device that will allow payment of bet by ATM card or smart card. This will be same day pay per day.

2. The these wagering transactions will be originating from homes, offices, hotel lobbies (hotel rooms IMHO), cars, in other words from locations that are "remote" from the gaming (gaming they mentioned reading through the business plan: track, sporting events, lottery) operator.

3. That these wagering transactions will be self serviced (no opertors except you and I) in that the player will not call or talk directly with the gaming operator but will instead simply set up their own transaction using a financial card such as an ATM card or a smart card to send "real-time" cash to the gaming industry. (BETT is the interface)

4. That these wagering transactions are "personal" and "encrypted" and will be electronically sent to the gaming operators (business plan is global with BETT interfacing).

The classification of this equipment is PERFECT equipment, that is, Personal Encryption Remote Financial Electronic Card Transactions.

5. The present global wagering marketplace is 800 Billion dollars per year. The project global wagering marketplace in 2001 is 1 Trillion dollars.

6. Of this marketplace, we project the PERFECT wagering market at 250 billion dollars. In other words, 25% of the wagering will be PERFECT wagers.

7.Since PERFECT wagers are remote (home, office, hotel, car..) and are effected without speaking to a gaming operator, then the gaming operator needs to know that a wager has been paid for, who has paid, what has been wagered, and the amount paid (BETT interface)

The gaming operator then needs to respond back to the player with an acknowledgement of the wager. (that is the end of page one folks)

Note: (((my words)) also, I'm only an investor here folks. No attachment to the company.

Page two refers to there needs to be an INTERFACE or service that acts as the connecting point between the bank host processing centers (BANK Hosts + ET & T Host+ EDS Hosts + XYZ Hosts) that processed the ATM card or smart card wager and the (all) GAMING OPERATORS and (all) customers who need to acknowledge payments.

BETT will be the interface to banks, gaming operators and individuals whom wager. They plan to be international interface.
IMHO like it.

BETTING HAS NO COMPETITION!!!! I have a call into the CEO making sure this is correct. Anita to get back to me very soon. I will call her friday and get status.

My hands are tired. Let me know by private email if you want me to continue.

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To: Jorjenzak who wrote ()5/26/1999 10:23:00 AM
From: Jorjenzak
   of 266
 
To: LPasko (0 )
From: Popiye Friday, May 1 1998 12:39PM ET
Reply # of 2300

Page two of Business Plan:

In a "Personal Encrypted Remote Financial Electronic Card Transaction" (PERFECT) wagering transaction, there needs to be an interface or service that acts as the connecting point between the bank(s) host processing centers that have processed the ATM card or smart card PERFECT wager and the gambling operators who need to acknowledge payment.

Betting Inc. is focused on being the Gate or Interface for the PERFECT wagering industry, and will charge a fee per PERFECT wagering transaction.

Betting Inc will receive the incoming command from the bank(s) host(s) processing center such as ET & T (EDS Hosts, XZY Hosts), who is the majority shareholder of Betting Inc, or from other banking host centers, that a PERFECT wagering transaction has occurred and who the gaming operator is that Betting Inc needs to contact for acknowledgement of the transaction.

The banking host(s) such as ET & T will stand by and wait to receive back the gaming operator acknowledgement of the PERFECT wager, which is received by Betting Inc who then passes on that data information to the bank host who will then ship (send electronically) the completed packet of information, bank authorization and gaming operator acknowledgement back to the waiting PEFECT device which will print a receipt (hard copy) for the player. See Appendix A. to understand teh complete PERFECT transaction.

It is important to note, that the PERFECT device being used for wagering, will have a migrated into the home or office (hotel room, etc..) as a convenient and safe way of using CREDIT CARD as a card read transaction, which is the lowest charge rate to the merchant and which gives the consumer the added safety of not giving out the credit card information to a $ 6.00 per hour operator.

This is the First vital point to focus on throughout the extent of the business plan.

The fact that the average person will be exposed to a PERFECT device from the local utility company to the catalog company to purchasing PERFECT equipment through multilevel. PERFECT devices will be used for many reasons...one of which is PERFECT wagering.

If you accept the forgoing discussions as being reality by 2001, then continue to read this business plan to learn more about the multimillion dollar PERFECT wagering market place, the PERFECT equipment that is now being introduced into the marketplace, and the supporting bank host system that will authorize PERFECT wagering transactions.

Well folks, my fingers are getting tired again. Later in the Business Plan discusses the funds they will receive for the transactions. IMHO it is good - but some of you financial wizards can break it down for us when I get to it. By the way, the March 98 Business Plan does say this also: There are presently 10 Million shares authorized.
9,600,000 have been issued. Of this issuance, 4,500,000 shares are free trading.

Will contact Anita this afternoon to find out if all the banks have provided their authorizations for money transfers. Best wishes:)


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To: Jorjenzak who wrote ()5/26/1999 10:24:00 AM
From: Jorjenzak
   of 266
 
To: Popiye (54 )
From: Popiye Monday, May 4 1998 5:54PM ET
Reply # of 2300

Pages three - Eight of the Business Plan:

The Business Plan discusses PERFECT Sports Wagering, PERFECT Wagering, PERFECT Lottery, PERFECT Slot Play, Country to Country to Country PERFECT wagering and tournaments. Paying for items at home including utilities - Note: this is also a big player IMHO.

Their is a good explanation to how the system(s) function.

Competition to Betting Inc.

At present, Betting Inc. has no competition per MAR98 Business Plan.

1. No PERFECT transactions are occuring today.
2. There is no competitive PERFECT equipment today.
3. The only existing PERFECT host processor is ET & T.

PERFECT Equipment Exclusively Licensed by Betting Inc.

Betting Inc. has exclusively licensed for the global application of PERFECT wagers the following propriety equipment from ET & T.

1. The PAYMASTER. To be used with a land line phone. In production.

(The Business Plan also mentions four other electronic machines that are in development.)

The Business Plan discusses Betting Inc management structure.

The Business Plan discusses Management.

The Business Plan also discusses 6 month potential with companie(s) that will be involved with testing, there is also 2 other testing concurrently which I read within a few weeks. Also, a national company with over 250k customers. Appears a real sprint once they start testing.

Also the Business Plan provides two transaction examples.

******* MY PERSONAL THOUGHTS *****

What I see is a company that is marketing long term consumer home usage to also pay utility bills, (i.e., water, sewer, electrical, etc..) via their PERFECT system by ATM/Debit/Smart Card). Believe the company envisions consumers will want to pay for bills at home via EDI-EDS.

And yes wagering is also part of the business plan. But I do not know which one is really more important at this junction.

With my computer system's analysis background the concept:

We have a very small electronic machine at home by the telephone that allows me to buy items and pay for bills (utility, wagering, catalog) via communications links to the bank for verification, then to vendor for payment and I get a printed receipt (hard copy) at home.

Possible to envision american culture heading in the direction of easy and convient home purchases.

Did not have time to talk IR - Anita (1-800-262-2331) today regards when testing is to be started - if they have received all the authorizations. Will call tomorrow.

As mentioned before, I do not work for the company. I am an investor trying to dig deeper into the company. And yes I am a shareholder.

Best wishes:)


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To: Jorjenzak who wrote ()5/26/1999 10:26:00 AM
From: Jorjenzak
   of 266
 
To: Sriram Bala (65 )
From: Popiye Thursday, May 7 1998 11:46AM ET
Reply # of 2300

Siram, Two websites:

www.hpos.com
www.globalmarketplacemall.com/PAYMASTER.html

Called Anita, company says very close to testing. She told me to call her Thursday:)

Any questions call Anita @ 1-800-262-2331


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