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

To: M Vavolizza who wrote (2760)	10/6/1999 8:24:00 AM
From: SCOOBEY-DO	Respond to of 18222

eConnect Announces Auction Division September Revenues and Earnings LOS ANGELES--(BUSINESS WIRE)--October 6, 1999--eConnect (BB:ECNC) has posted $51,000 in revenues and $11,000 in earnings for the Auction Division from September 7 thru September 30th. "Since we activated the Auction Division on September 7, we have been rapidly growing and based on our growth curve, we project a fourth quarter of $200,000 in revenues and $50,000 in earnings. The combination of our proprietary Seller's Module in conjunction with quality offerings, has brought us an average of 200 new registered users on a daily basis," said James Wexler, President of the Auctions Division. "Generating revenues and earnings from our own sites is phase 1. Phase 2 is generating revenues from providing Auction ePIN services for competitive auction sites. Beta testing of ePIN payments to our own sites is scheduled for October 25, after which we plan to roll out the Auction ePIN service by Thanksgiving," stated Thomas S. Hughes, eConnect Chairman and CEO. About eConnect eConnect is developing Internet alternative payment choices such as the usage of the ePIN to effect safer credit card or Same-as-Cash ATM card with PIN transactions. eConnect will generate a merchant paid fee per transaction. eConnect is developing additional revenue streams from the launching of ePIN Cash2Trade, which is Same-as-Cash payments to brokerage firms; the launching of ePIN Internet Cash Pay Per Play, which is ePIN web casting payments; and the September start of EzyShop, publicly placed self service catalog Kiosks. eConnect is also in partnership with E-SAFE to develop revenue from legally sanctioned gaming in Australia and Ireland. Certain statements in this news release contain forward-looking information within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and as contemplated under the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbor created by those sections. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. CONTACT: International Investor Relations Group 407/865-9433 (November stock broker presentations) or Carnegie Cooke (For eConnect) Anita Goldberg, 800/262-2331 (Investor Relations) or ET&T Prima Capital Elias Argyropoulos, 800/600-8599 or web sites: e-connect.cc ezyshop.cc

To: M Vavolizza who wrote (2760)	10/6/1999 10:36:00 AM
From: dkgross	Respond to of 18222

sounds like a great plan to me, Manny. Dare I ask where you 'think' the stock price should REALLY be? :>) dave g

To: M Vavolizza who wrote (2760)	10/6/1999 11:00:00 AM
From: rick f	Respond to of 18222

Hi everyone,I haven't posted much,but I'm still here.I bought 5000 more today to average down alittle.Thanks for the shares Tom I recieved them a few weeks ago.LONG and STRONG.Go Tom,Go Jim!!!!!

To: M Vavolizza who wrote (2760)	10/6/1999 11:19:00 AM
From: DaiTN	Read Replies (3) \| Respond to of 18222

Question to Manny and Tom: 1) Where does ECNC get the money to buy back shares to offset the dilution? Company burning rate is $80,000.00 per month, ECNC just announced earning of $11,000 per month for the very first time. Sorry Manny, but the number does not add up. Is Tom planning to borrow money and pay interest on the borrowing funds to buy back the shares?...LOL 2) ET&T announced 2MM dollars stocks purchase from ECNC a few months ago? Nothing came out of the announcement as of today. Was this another false announcement like may others? 3) My understanding now is that ECNC does not manufacturing the EPin, they buy the Pin pads from someone else. Rogel Technologies is the company provided the software for ECNC (bought with ECNC stocks). What exactly are the technologies that ET&T provided to ECNC for a price tag of $8M dollars. (keep in mind that market caps for ECNC right now is only $10M at today market value). Regards, Dai