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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect -- Ignore unavailable to you. Want to Upgrade?


To: M Vavolizza who wrote (1320)8/15/1999 2:31:00 PM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 18222
 
Additional questions for Tom:

I have been very busy with the eSafe signings.
Has the agreement been signed as of now?

Mr. Gianbruno did not have a large block of stock.
Consultants with S-8 stock hold no more than 200,000 shares max.

What type of consulting work did Mr. Gianbruno do?

TIA

Scoobey



To: M Vavolizza who wrote (1320)8/15/1999 2:39:00 PM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 18222
 
Another question for Tom:

eConnect Joins with E-SAFE to Form Strategic Alliance

Will ETTA be a joint venture between E-SAFE, ET&T and eConnect or a strategic alliance? What is the difference between a joint venture and a strategic alliance?

Scoobey



To: M Vavolizza who wrote (1320)8/15/1999 3:05:00 PM
From: Matt Brown  Read Replies (1) | Respond to of 18222
 
Manny, these are things that I wanted to hear!!!
THank you very much!

2. Re Hallsboy's question: "eSafe will be raising $10 mil in an IPO.
eConnect will be raising $10 mil by selling REGISTERED SB2 eConnect stock to investors through a private placement. The price will be$1 per share plus $1 warrant that can be exercised with no strike dates until Dec 31, 2000."

3. JVC projects 2,000,000 On Line Benefits customers. Of that, a LARGE portion is expected to pay $5.99 for the secure E-mail service. "We have been told that 100,000 customers have already signed up. We receive about 50% of the $5.99 as our Royalty."
That's about $3.6 million/year (if on a monthly basis) and if ECNC gets 50%...With no real overhead..very high margins..And this is just the beginning..

FLow mojo, flow!

FM



To: M Vavolizza who wrote (1320)8/15/1999 3:07:00 PM
From: longtom  Respond to of 18222
 
Thank you Manny and Tom for keeping us up to speed. Both are doing an exemplary job, imo...Tom