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

To: Jorjenzak who wrote (1952)	9/2/1999 1:55:00 PM
From: M Vavolizza	Respond to of 18222

Greetings and answers from Mr. Hughes: Tom just called to share his excitement about ECNC's future with me and with all of you. In fact, he'll be on the phone a bit later being interviewed by Emerging Company again. This, too, will get the word out. There has been some question about the logistics of warrants, dividend stock and 1 for 1. Here are Tom's responses: I Those who met the June 30, 1999 deadline for Registering stock with ECNC to get it off the Street, the office will contact you. You do not have to call the office. A process is being set up to send you the warrants and dividend. II For those of you who asked for an extension on the extra (dividend)stock, it will be granted. Tom will put out a P R tomorrow OR MONDAY on this logistic. The P R will answer all questions; so please be patient and wait for the press release. There is nothing that you have to do right now no matter what the status of your stock is. III The question of the spin off is one for the future - not now. This will be addressed appropriately down the road. Again, a PRESS RELEASE will preced any such actions. Sincerely, Manny Vavolizza I R Wall Street ECNC