Debunking the A@P and Pluvia Myths...
Perhaps A@P's profile quote says it all: "Spin me a million"...yes, that is what he does best: "spin." It is in fact not about truth because if it was he would provide both sides of his slanted story. No, he is here to make money any way he can. Any spin he can. His efforts to spin ECNC in areas he knows they cannot respond to based on SEC rules and to shade facts that are downright sinister is nothing less than falsity. Even on this very own board, Mr. A@P and his consortioum of concerted aiders and abettors in the scheme have spread half-truths and misrepresentations about the company. If he says something which he does not know is true or which would lead to more inquiry before stating as fact, then that is simply misrepresentation in any statutory definition. Concealing facts he knows are required to provide the full truth is also misrepresentation. I am absolutely amazed that someone who acts overtly in concert with others on his anthonypacific.com site are not yet charged with racketeering by spreading misinformation and acting in concert to drive the price down. I trust the SEC is investigating this along with the Justice Department.
Examples of the kind of outright misleading efforts designed to harm this stock are such egregious quotes as: "You cannot believe anything the Company says...nothing. Specifically anything Tom Hughes says." (#5653) Wow! This coming from a guy who has only been on this thread for a few days now and who has loudly let it be known by himself and his minions that he is short. Convicted of mail fraud no less, and other offenses pending. I doubt it would be very difficult to prove that the SEC filings signed by Tom Hughes have even one falsehood in it. In fact, everything I have seen based on my own extensive DD for over 2 months now does in fact check out. And I have been doing this same investigative research for 10 more years than our self-annointed prophet of truth. No, these guys are on the edge of civility and over the edge on truth. Another example: (5653) "What instiutional activity, there is no institutional activity??" Now, how does Mr. A@P know this? He doesn't. In fact he is relying on old 9/30/99 institutional activity filings well before this stock started its real development stages in the last two months. [I guess he doesn't bother to check I-Watch either] Revealingly, a few posts later, Mr. A@P says: "Just be comfortable that no institutions are buying, unless you actually know the name of one, that we can call and ask about." Gee, backpedaling so fast? I thought you said "there is no institutional activity" and now you want them to let you know if there are any? Well, I guess you lied because you don't really know, do you? In fact, you never called all the institutions to find out. You just stated it as fact, without knowing. This is a lie.
This is a start up mode company. This is again confirmed in the 10QSB amended quarterly report filed 3/9/00. Of course we are all in on the ground floor for the takeoff which will come once this technology goes. Any one with half a brain can tell that the swipe security technology, if properly established, will be revolutionary. This is what the company is doing right now and trying to secure financing. It is not an SEC violation to use stock to accomplish business goals. This is what virtually all start up companies do. This is like an IPO. It just happens to have started in a long standing public company. This technology will bring in huge revenues to the companies who can create the right infrastructure. When businesses can use this technology to do simple net transactions safely and cheaper, it will in fact go or be bought out by the big boys who want this technology. That is what ECNC is doing. There are many stocks without revenues that have excellent ideas and the stocks are soaring. There is no reason this should be any different. You do not know it will not work, but in fact you falsely claim it will not work. You have no idea if it will or won't. In fact, Rogel says it has and will. He of Rogel Technologies, 100% owned by ECNC. RGTecq's server to echashpad technology was reported as working only a few days ago. Now we know that it is ready for the production model test. One could call this already passing Beta testing. You have no idea that it did not. Neverthelesss, in response to a direct question to you at #5308 about what you are saying and "are you saying it will not work?" You respond (5441) "Im saying it doesnt exist with ECNC...and yes it wont work..." You have no proof for this assertion even though you were asked repeatedly to provide it. In fact, you don't know. You lied.
More nonsense from you is the subtle mis-application of words you employed in post 6185 where you reference "saftpay.com" doesn't work...well of course it doesn't becasue it is safetypay.com, with the "e"...I'll bet this was an intentional misrepresentation to further your agenda and scheme of damaging ECNC. You also ignore all the old news about the rift with eCNC, but also ignore the fact that the developer of the technology Rogel is with Hughes and ECNC, not the breakaway people. I'll bet the true developers and proprietors of that technology have claims against people who are trying to infringe the patent ideas. This is something I know a great deal about and expect some legal repurcussions. The point is the technology is with ECNC. You falsely allude that it is not.
More misinformation. You and Pluvia hit this powerclick thing as if you missed a whole segment of what it is. Powerclick is a division of ECNC. As such, it can generate funds on its own. It does not require freeshop.com to generate revenues, but in association with it can and will generate some. It is not limited to making revenues only under the affiliation with freeshop. Either you don't get that or you did and lied. The real point is powerclick will route ecommerce to the cashpads and purchases. It is a facilitator of web traffic. Once the cashpads get in place there has to be an infrastructure. You ignore ALL these infrastructures. Obviously for a reason. You do not disclose the whole truth, you are spinning and damaging the company.
I see by your profile you are head of Pacific Equity as Head Analyst & Trader. Tell me you left off "Investigations" because you wanted to sound much more important than you really are. In fact, you are not a securities broker and anyone can be head of their own Investigative outfit. Are you licensed as an investigator? I was. Your obfuscation efforts on your own profile are rather revealing about the character and moral turpitude of the person the people are posting the truth about you. Pretty shady if you ask me. Your posts confirm my suspicions.
Just because you can't find Tao and DeOlden in Martindale Hubbel means nothing. Many lawyers don't pay to be listed. That doesn't mean they don't exist. You obviously haven't done your real homework through the proper search channels, try some more...start with Virginia and Santa Monica. [Oh, and check out Marc Tow and his associate in Newport Beach] Looks like Manny had a typo on Tao. Oh no!Ha!
Post 5790 is another effort to obfuscate the arrangement to develop a product using hand held devices. The code is free and available so how does this mean it is not going to be used? You can't say it is not. Also, the licensing referenced was apparently misconstrued by you. But, you being uneducated in an area I specialize in: intellectual property, it does not surprise me that you have missed the point of that whole discussion also.
The post about banks limiting transactions to $300 -$500 makes no sense at all to me. So what? If ECNC can tap into the market where the vast majority of transactions for purchases do occur: beneath $300, it will make billions. You cannot rebut this basic truism. Look at the whole picture...your colors are starting to bleed...
I find this absolutely appalling that you can come on here with your scam language and false and misleading statements for the sole purpose of harming this company many of us have invested in for the positive thing it will in fact be. I have absolutely no connection whatsoever with ECNC or anyone affiliated with the company or any affiliated comapnies. Not now. Never. But you are a real piece of work. We will see whether truth prevails. It certainly is not coming out of you and your cronies.
[Still waiting for a reply] |