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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: SuperValu who wrote (2264)9/13/1999 8:50:00 PM
From: Jorjenzak  Read Replies (1) of 18222
 
At first glance that was pretty much my reaction too...a gut reaction. Part of it was the pure shock of seeing this business which had been the object of so much attention and presumed effort on the part of the company to develop and start up suddenly dumped with no warning or real explaination in the PR.

The basic situation is none of us know enough from the company due to the PR being what it was to evaluate anything other than we are out of the sportsbook business on the 'net and now into the online art auction business. Beyond that we know nothing.

I take the explaination of suspect legality issues and needing a better and more legitimate platform to test SafeTpay on its face and accept it. I still want to evaluate how good a decision this was from a financial perspective...ie. how much did we put into eSportsbet and how much did we really get out of it....at this point in the vacuum the deal is too fuzzy and confuses me a bit.

We shall see....long and strong regardless....since I'm stupid and emotional and not a cold hearted trader!!! LOLLOLOLOL
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