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 (5993)	3/12/2000 8:42:00 PM
From: Pluvia	Read Replies (3) of 18222

*CHALLENGE #4 FOR MANNY VAVOLIZZA AND ECNC* I ACCUSE ECNC AND IT'S PROMOTERS WITH MAKING NUMEROUS FALSE MISLEADING AND FRAUDULENT PRESS RELEASES IN AN ATTEMPT TO DRIVE THE STOCK PRICE HIGHER, (PUMP), ALLOWING ECNC PROMOTERS AND INSIDERS TO DUMP SHARES TO MAKE A PROFIT. THIS SCAM IS KNOWN AS A PUMP AND DUMP AND IS DEFINED BY THE US SECURITIES AND EXCHANGE COMMISSION HERE... sec.gov I accuse ECNC of issuing numerous misleading and fraudulent press releases including: 1. A press release issued on March 3, 2000 where eConnect states, "Pilot Island Publishing, a wholly owned subsidiary of International Digital Holding (OTCBB:IDIG.O), and its PocketPay Joint Venture partner, eConnect (OTCBB:ECNC.O), have structured a licensing arrangement with PalmPilot to enable the first-ever wireless hand-held Internet terminal transactions. Last week eConnect?s information officer and eConnect consultant Robert Masters stated no work had begun or was planned for the development of the ?PocketPay? product which is proposed to work on a Palm Pilot platform. Mr. Masters stated he did not expect any development to begin for months ? suggesting I should in fact ?forget about it? altogether. Both Mr. Masters and eConnect?s Information Officer stated that in reality anyone could claim to be developing a ?PocketPay? type product for Palm Pilot by simply going to palm.com and purchasing source code for the Palm platform. We believe eConnect does not have the staff or money to develop this product. Furthermore, we believe this press release was nothing more than the ?Old Con Game? of trying to associate eConnect?s stock with the hottest stock name of the week ? which was PALM at that time, in an attempt to Pump the price of their stock so insiders and promoters could Dump. We believe eConnect never had any real plans to develop such a product. MANNY - PLEASE SHOW THE SHAREHOLDERS PROOF THAT eConnect IS ACTUALLY DEVELOPING A ?POCKET PAY? PRODUCT AS THE MARCH 3rd PRESS RELEASE CLAIMS. dljdirect.com This is a very simple question Manny. I await your response.

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