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 (5718)	3/10/2000 9:02:00 PM
From: Pluvia	Read Replies (1) of 18222

*THIS IS A CHALLENGE TO MANNY VAVOLIZZA* This weekend I challenge you (as ECNC's "Informaton Officer"), to refute each of my claims ONE BY ONE. This will give you the opportunity to exlain you side of the story - and prove to the shareholders of ECNC that what I have said is wrong... 1. TOPIC - I ACCUSE ECNC OF BEING IN BLEAK, DESPERATE FINANCIAL CONDITION Here's my evidence.... eConnect's 10Q filing for the company's September 30, 1999 quarter shows current assets of $44,664 and current liabilities of $1,062,446. The filing also reports only $40,000 of revenue for the entire quarter. Based on ECNC's most recent financials, ECNC should be in bankruptcy. Please explain why anyone in their right mind would buy a stock with a 2 billion dollar market cap with financials this bad? I await your response...

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