ECNC (OTC:BB) - eConnect Message Board

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

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To: M Vavolizza who wrote (2760)	10/6/1999 11:19:00 AM
From: DaiTN	Read Replies (3) of 18222

Question to Manny and Tom: 1) Where does ECNC get the money to buy back shares to offset the dilution? Company burning rate is $80,000.00 per month, ECNC just announced earning of $11,000 per month for the very first time. Sorry Manny, but the number does not add up. Is Tom planning to borrow money and pay interest on the borrowing funds to buy back the shares?...LOL 2) ET&T announced 2MM dollars stocks purchase from ECNC a few months ago? Nothing came out of the announcement as of today. Was this another false announcement like may others? 3) My understanding now is that ECNC does not manufacturing the EPin, they buy the Pin pads from someone else. Rogel Technologies is the company provided the software for ECNC (bought with ECNC stocks). What exactly are the technologies that ET&T provided to ECNC for a price tag of $8M dollars. (keep in mind that market caps for ECNC right now is only $10M at today market value). Regards, Dai

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