2
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SB-2/A POS
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
eCONNECT
(Previously known as Betting, Inc.)
(Name of Small Business Issuer in its charter)
Nevada 454390 43-1239043
(State or jurisdiction (Primary Standard (I.R.S. Employer
of incorporation or Industrial Identification No.)
jurisdication) Classification
Code Number)
31310 Eaglehaven Center, Suite 10, Rancho Palos Verdes,
California 90275; (310) 541-4393
(Address and telephone number of Registrant's principal
executive offices and principal place of business)
Shawn F. Hackman, Esq., 3360 West Sahara Avenue,
Suite 200, Las Vegas, Nevada 89102; (702) 732-2253
(Name, address, and telephone number of agent for service)
Approximate date of proposed sale to the public: As soon as
practicable after this Registration Statement becomes effective.
If this Form is filed If this Form is a post-If this Form is a post-
to register additional effective amendment effective amendment
securities for an filed pursuant to Rule filed pursuant to Rule
offering pursuant to 462(c) under the 462(d) under the
Rule 462(b) under the Securities Act, check Securities Act, check
Securities Act, please the following box and the following box and
check the following list the Securities list the Securities
box and list the Act registration Act registration
Securities Act statement number of statement number of
registration number of the earlier effective the earlier effective
the earlier effective registration statement registration statement
registration statement for the same offering. for the same offering.
for the same offering.
If the delivery of
the prospectus is
expected to be made
pursuant to Rule 434,
check the following
box.
CALCULATION OF REGISTRATION FEE
Title of Amount to Proposed Proposed Amount of
each class be maximum maximum registratio
of registered offering aggregate n fee
securities (1) price per offering
to be unit (2) price
registered
Common 20,000,000 $0.43 $8,600,000 $2,390.80
shares
The registrant hereby amends this registration statement on such
date or dates as may be necessary to delay its effective date
until the registrant shall file a further amendment which
specifically states that this registration statement shall
thereafter become effective in accordance with Section 8(a) of
the Securities Act of 1933 or until the registration statement
shall become effective on such date as the Commission, acting
pursuant to said Section 8(a), may determine.
(1) Pursuant to Rule 416, such additional amounts to prevent
dilution from stock splits or similar transactions.
(2) Calculated in accordance with Rule 457(g)(3): The average of
the bid and asked price as of June 25, 1999.
SECURITY OWNERSHIP OF CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth, as of June 28, 1999, the
outstanding Shares of common stock of the Company owned of record
or beneficially by each person who owned of record, or was known
by the Company to own beneficially, more than 5% of the Company's
Common Stock, and the name and share holdings of each officer and
director and all officers and directors as a group.
Title of Name of Amount and Nature Percent of
Class Beneficial of Beneficial Class
Owner (1) Owner (2)
Common James S. 1,700,000 11.15%
Stock Clinton
Common Thomas S. 750,000 4.92%
Stock Hughes
(1) Other than the Shares owned by Mr. Hughes, none of the
other officers or directors of the Company own any of the Shares.
(2) NEITHER MR. CLINTON NOR MR. HUGHES HAVE THE RIGHT TO
ACQUIRE ANY AMOUNT OF THE SHARES WITHIN SIXTY DAYS FROM OPTIONS,
WARRANTS, RIGHTS, CONVERSION PRIVILEGE, OR SIMILAR OBLIGATIONS.
