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


To: M Vavolizza who wrote (2224)9/13/1999 10:52:00 AM
From: Mario Hoek  Read Replies (4) | Respond to of 18222
 
Manny,
I'm sorry, but that is hardly good enough. Looks like a complete change of direction and doesn't match my idea of the ECNC business plan.

Please explain.

I notice the RB board going wild with questions and you don't seem to be answering over there.
(interestingly enough, there's nobody there of our regulars at SI either).

Mario.



To: M Vavolizza who wrote (2224)9/13/1999 12:06:00 PM
From: M Vavolizza  Respond to of 18222
 
By: WallStreetRange
Reply To: 2986 by WallStreetRange Monday, 13 Sep 1999 at 12:02 PM EDT
Post # of 2987

From the office of Jim Wexler:

eConnect launches www.theArtAuction.com

eConnect (otc:bb: ECNC), a fully reporting company, announced today the
launch of their new Art Auction site at theartauction.com.

eConnect's Art Auction is the Internet's premier destination for Art
enthusiasts. It features 24 hours a day and seven days a week auction
activity on a wide variety of Art.

The primary reason the Art Auction is a recognized leader in the Art
Industry is due to the important fact that there are more than 20,000
unique visitors each day. This alone puts the Art Auction in the top tier
of most heavily visited Internet sites on the Net. In fact, according to PC
Data, that would put us in the top 1000.

Additionally, there are more than 14,000 registered users currently and
that number is expected to reach 25,000 by the end of September.

eConnect, Chief Executive Officer, Thomas S. Hughes, stated, "Investors
should realize, that the key with any Internet business is traffic and
registered users. With this much traffic and this extremely large amount of
registered users, we will have the ability to sell millions of dollars
worth of Art. In fact, with this much traffic and this many registered
users, we will be able to expand from Art to other products such as books,
C.D.'s and more."

Continuing, he said, "the Art Auction combines superior bidding in a
consolidated platform and we feel that this format is at the forefront of
the on-line Auction industry.

Hughes added, "we expect an immediate impact in revenue growth from
www.theArtAuction.com and most importantly an increase in shareholder value."






To: M Vavolizza who wrote (2224)9/13/1999 12:08:00 PM
From: M Vavolizza  Read Replies (1) | Respond to of 18222
 
To ECNC shareholders:

We are focused on maximizing shareholder value.

The acquisition of ArtAuction.com fits in well with our strategy on
several fronts:

1. As you will see in several days, it is a superb revenue generator.

2. We have an active site by which to test SafeTpay Same-as-Cash
purchases with ATM card and PIN.

3. We have now have access to active Beta testers who will use our ePIN
and their ATM card with PIN to effect these
Same-as-Cash purchases. We are the only Internet site that will be
able to receive ATM card with PIN
purchases from Internet homes and we will aggressively offer our
SafeTpay service to other competitive sites.

4. Remember that the United States market is one strategic eConnect
plan. The Australian market and
our plans with E-SAFE, is another eConnect strategic plan.

5. eConnect is in the business of developing the P.E.R.F.E.C.T.
industry (personal encrypted remote financial
electronic card transactions) and the driving of these transactions
by which we receive an instant cash fee.

Keep this larger goal in mind as you watch us take strategically
targeted steps towards being the leader in
the emerging multtrillion dollar P.E.R.F.E.C.T. industry.

Tom

Thomas S. Hughes
Chairman and CEO