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

To: JayPC who wrote (3362)	11/4/1999 10:49:00 PM
From: Ronald P. Margraf Sr.	Read Replies (2) \| Respond to of 18222

Evening Jay, Well I've read your posts. Was a little ticked off at your first one but continued to read the rest. NOW, what I will say is that you have raised some very interesting questions. Made some good points and some of your question are valid. Out of all this, you inspired me to do a little more DD. Check out our competition.;-) WOW, didn't realize there was that much. Checked out this MRTO that J. flashed. They sounded real good when I first looked at them. Said to myself, "why am I here??????". First of all let me set the ground rules for this post and all your responses if you choose to do so. 1. I don't get into verbal brawls. 2. Stick to fact and not fiction. 3. This is my take and understanding and not the companies propaganda. 4. I own a modest position in this company but I would trade it in a hart beat if I thought there was something wrong. 5. I'm a trader 1st and an investor 2end. Everyone on this thread knows that. I've made it clear many times and everyone understand where I am coming from. 6. My loyalties are in the $s and the success of the company, not in the staff unless it is justified. So far I have no reason to doubt their abilities. Still remains to be seen. I'm always observant an try to be vigilant. So now that I have made it clear where I am coming from, let me tell you why and where. Remember you asked the question and I think it was a good one. Why do we or like this company?????? I am now going to try and convey that to you from my perspective and understanding and that is all I have/can offer. 1st.) You asked what does triple wrapped mean? Well that should be very simple to understand. It is encrypted 3 times over. Triple security.;-))))) 2end.) The 3 "Ws". We are the 3 Ws. We own the company that creates the software. But then you probably already knew that. 3erd.) We have are own servers. 4th.) We do are own processing. 5th.) We charge a flat fee for all transactions. 6th.) We have a patent on the tech.. 7th.) We own the company that creates the software. They also generate their own revenue that goes into our treasury. 8th.) We have our own gaming site. Generates revenue. 9th.) We have a deal with the Irish Government and now it looks like the Australian one also. 10th.) Check out the credentials of the full time employees. 11th.) We have the competition hands down. We are self contained and that is what makes the difference. Now I could go on and on but what is the point. These are just a few of the reasons that I am into this stock and haven't traded as yet, even when I had the opportunity to make a nice profit. Now you stated in some of your previous posts that why go with us. The Master/Visa debt card is free and so are the transactions. Wrong. Nothing is for free. Someone pays for it. The merchant or the consumer. If you use your M/V card at the merchant, he has to pay between 2-3% of the total sale. Now that is off the gross sale. So what is better. A flat fee or a %. Common sense tells you a flat fee. One of the questions that you ask is what path do we use. As far as I am concerned that is a mute issue. Who care and what difference does it make. Everyone has to use phone line, satalite, or the internet. So what difference does it make??????? If you check out one of the latest news release, we are now certified to use the ATM network. Now if you check out one of our competitors MRTO. They have to make all kinds of deals to get their net work up. For them to work, they need everyone. They charge a percentage of the sale. For every hand that it passes they have to pay. Even they had to reduce their fee to get customers but it is still 2% of the sale. Go figure.;-)))) Well I could go on and on but I won't. Already have gone on longer then anyone wants to hear. You take it from here and make your own mind up. Ron ps. To all, if I have posted any erroneous info here, please correct me.