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

To: J. Nelson who wrote (3177)	10/29/1999 1:48:00 PM
From: Jorjenzak	Read Replies (1) \| Respond to of 18222

If I might offer some help.... TA is Christine at Corporate Stock, 303-282-4800, per Rex. Call the company at 310-514-9482 and talk to Rex if any questions. 200M Authorized 83M Issued 16-17M Float Those figures (less reduction in float from his reported 20M) came from Tom recently. There was one convertible debenture with a Canadian Group....quite the scandal....led to shorting of the stock by the Canadians its believed....that is now believed to have been lifted. Could result in lawsuit at some point in time. No preferred that I know of right now. There was lots of 144 out there....not sure how much or when it will become free trading. It may all be in the float by now. About 31M in warrants out there....can't exercise until 6/2000 then cost $1/per to convert into common, good for another year past that I believe. Shares on the shelf already authorized. Let me know if I can help further.

To: J. Nelson who wrote (3177)	10/29/1999 3:58:00 PM
From: M Vavolizza	Respond to of 18222

J. Nelson - Here are some quick answers in rather terse form: We had one (only one, Thank God) CD debacle. It was with a Canadian firm: There is 144 stock = 7,198,000. The Float is unofficially at 17 million. The outstanding shares = 83 million ISSUED. For the name and number of the T A, call Rex at 310 514 9482. I also recommend you speak to Tom especially in terms of "a major investment group." If you (or anyone for that matter) would like Tom to call you, email me your phone number and a definite time you can be reached at EVavolizza@aol.com). Good Luck, manny