By: WallStreetRange
Reply To: 2575 by WallStreetRange Wednesday, 8 Sep 1999 at 9:15 AM EDT
Post # of 2577
To the Rev - re: the PRESS RELEASE - safeTpay. You asked 3 questions: Here are the answers from Tom:
1. Our initial offering of ePin is just beginning. The initial target group will actually be a 100 people in our Art Auction when that is up and running. They will be given the device for free.
2. We do have a sales force, led by Mr. Gerry Gay, and do not forget we have our Director of Corporate Alliances,
JM HOLLEN. Thus, our targets are to hit merchants from Consolidated Edison to MCI - the giants of the industries. It would certainly be to our advantage to work with them.. The moneys they could save would more than warrant the $100 cost of the ePin. 9BTW, eKey is also on the way.) When we sign on our first giant merchandiser, others will follow - and that is when you will be sitting on a fortune in ECNC stock. It's not going to happen tomorrow or this month. But, Lord willing, IMHO it's coming! we all need that virtue of patience.
3. ePins are ready for mass production - and the larger the number we are able to place, the lower the cost of each unit.
I hope these answers help you, Rev and all, to get a clearer focus on the direction of this company.
Miost sincerely,
Emanuel Vavolizza I R Wall Street
ECNC
|
