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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect
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To: Buoy12 who wrote (5990)3/11/2000 12:06:00 AM
From: M Vavolizza  Read Replies (5) of 18222
 
FROM THE LEGAL DEPARTMENT - ECNC

The following information has been uncovered regarding Mr. Pluvia:

1. No corporation, partnership or dba in the United States under the name "Pluvia Securities Research" has been found.

2. Neither Steve Pluvia nor Pluvia Securities Research is licensed as a broker/dealer with either the Securities and Exchange Commission or the National Association of Securities.

3. Neither Steve Pluvia nor Pluvia Securities Research is licensed an an investment advisor with either the SEC or the State of Utah.

4. Based on the lack of the above registration, neither Mr. Pluvia nor Pluvia Securities Research is permitted to give investment advice, investment recommendations, investment opinions, investment thoughts, or investment ideas.

5. It appears Mr. Pluvia may be using the message boards to make a profit.. Additionally, the company has information that Mr. Pluvia has a history of similar actions and short selling of stock in Premier Laser and West Guard.

6.It has also come to our attention that Mr. Pluvia contacted certain representatives of eConnect on March 8, 2000 indicating that he is "Steve Benson, reporter for the Los Angeles Times and was writing a story about the alleged theft of intellectual property by eConnect. Under the code of authority and misleading conduct, Mr. Pluvia talked to our client's representatives and purportedly taped their conversation.
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