| To: BIG WAX (1290 ) From: M Vavolizza  Saturday, Aug 14 1999 6:54PM ET
 Reply #  of 1382
 
 Hey Wax,
 
 Mr. Gray is the Director of the Sydney Management Fund, a very prestigious financial institution down under. He will be linking us in to PICOHOLDINGS.com. This company is a $20 NASDAQ traded stock that has gas and oil holdings. Mr. Gray will also link us to eSafe which with E T & T will merge, and eSafe will go public in Australia - attempting to raise 10 million dollars for the newly formed ETTA. Mr. Gray is known throughout the Pacific Rim, and he will entree us into England and Hong Kong. (I'm tempted to make a King Kong pun here; I guess I just did).
 My point is - when Tom re-releases a clearer Press Release Monday, I think we will all realize that Mr. Gray is no chump, no chimp. If touting him as a gorilla was hyperbolic on Tom's part, then I believe it won't happen again. Tom does listen to his "constituents." But, Wax, think of it this way. We will raise 10 mil, we will go global. Maybe, it "ain't" a gorilla by the definition of some. But, others feel this could be the beginning of th end of eConnect's financial scraping for venture capital. I personally say, let's not look a gift gorilla in the mouth. No matter how we categorize its species, it remains financially potent IMHO.
 
 manny vavolizza I R ECNC
 
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