Marty..Hold the martini, there's a glitch in the Vermouth-
Monday March 13, 11:36 am Eastern Time
SEC suspends trading in UN Dollars, eConnect
WASHINGTON, March 13 (Reuters) - The Securities and Exchange Commission on Monday suspended trading in UN Dollars Corp. (OTC BB:UNDR.OB - news) and eConnect (OTC BB:ECNC.OB - news) through March 24 citing questions about the accuracy of publicly released information.
UN Dollars, a Jacksonville, Fla., company, closed on Friday at $1 a share while eConnect, of San Pedro, Calif., finished at $10 per share. They both trade on the Bulletin Board.There have been questions about contracts entered into by UN Dollars as well as funding sources claimed by the company, and possible artificial manipulation of the market for its stock, the SEC said in announcing the suspension.UN Dollars could not immediately be reached for comment.
The SEC halted trading in eConnect because of a purported PalmPilot license arrangement, a strategic alliance with a brokerage firm to distribute one of eConnect's products, and the amount of revenue reportedly generated by one of the company's Web sites.eConnect, located at econnectholdings.com, did not immediately return a telephone call seeking comment.
biz.yahoo.com.
Oh and remember KKRS? Hope you didn't buy any, remember...
Friday March 10, 3:59 am Eastern Time
Company Press Release
eConnect To Distribute Up to 100,000 Free eCashPads To Major United States Internet Business Sites in Second Quarter
LOS ANGELES--(BUSINESS WIRE)--March 10, 2000--
Schedules Launch of Internet Payment Portal for Wednesday, March 15;
Kanakaris Communications To Receive 1,000 Free eCashPads; eConnect Dominican Republic, Australia, Hong Kong, Ireland
Full Service Host Centers to be Activated in Second and Third Quarters With 50,000 Free eCashPads to be Initially Distributed in Each Country in the Second Quarter
eConnect (OTCBB:ECNC - news), has agreed to supply 1,000 free eCashPads to Kanakaris Communications (OTCBB:KKRS - news), as the first wave of 100,000 eCashPads targeted for distribution to major Internet business sites to launch the global trillion dollar Internet Cash Payment industry.
More...http://biz.yahoo.com/bw/000310/econnect_1.html |
