First pic: ECNC
EConnect (ECNC) Still a good buy below the $0.40
Could easily go to $3 in the near future.
The big boss of the Cy "Tom Hughes" is working night and day, and the first earnings are coming in.
Visit one of there sites and look for yourself:
betportal.com
e-connect.cc
econnectauction.com
Last news from the CEO:
"eConnect has developed the first Linux based Transaction server to enable safeTpay transactions by either ATMcard and PIN or enhanced credit card transactions and is scheduling October testing. We own our own bank host processing center, proprietary equipment and we are the leader in the projected multitrillion dollar PERFECT industry which is nothing more complicated than the usage of hardware in the home to effect payments with bank cards.
If an ATM card with PIN is used, then that transaction is the Same-as-Cash to the merchant. If a credit card is used, then the merchant is immediately saving on bank card fees and the consumer has substantially increased the level of security of the transaction.
eConnect derives a fee per transaction, paid by the settlement banks at the moment of transaction. 90% of the transaction fees will be paid by the merchant."
Non-internet market
1. Ezy Shop: Free deployment of EZY Depot, a proprietary eConnect terminal for usage of shopping from catalogs while consumers wait at car washes, hair salons, doctors offices, clinics, etc
2. EZY Game: (proposal) Same EZY Depot to be used in same locations for self service State lottery transactions.
Business model: 6% of the wager or $1 fee charged to lottery whichever is greater. Payment with ATM card and PIN or EZY Card for non-banked. eConnect will be engaging the services of a 5 year Illinois Lottery Director to lay the groundwork for testing.
3. EZY Card: The selling of Value added cards at check cashing locations to non banked consumers who then will use the EZY Depot locations to pay bills (EZY PAY) EZYSHOP and EZY GAME
U S Internet market:
1. eCon.bid.com: an eConnect auction site for sports memorabilia
2. TheArtauction.com: An eConnect site for fine Art
3. Cash to trade.com: An eConnect service for instant opening of cash day trading accounts (details to follow shortly)
4. 777WINS.com. An eConnect Internet casino site.
International Market
Working with our partner E-SAFE, we will begin home Internet testing in Australia of ePIN lottery transactions to Tattersalls and pay per play transactions to 777WINS.com and eSportsbet.com.
We will also test the Instant Taxation of Incoming Internet Gaming winnings which we believe will sell the model for International acceptance of Internet gaming.
We will also test in home Same-As-cash transactions to Telstra whose website can be accessed for billpayment due and the consumer can then simply use their home ePin or other device to effect Same-As-Cash payment.
This model of the consumer being able to access the Internet to see her insurance premium or phone bill or car bill and then being able to immediately pay with cash by our safeTpay service will quickly spread to many industries.
eConnect and E-SAFE will jointly build host processors to accept these transactions.
E-SAFE received 500,000 shares of eConnect stock and is focused on a public offering of $10,000,000.
by Tom Hughes
via manny vavolizza I R |
