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


To: Ronald P. Margraf Sr. who wrote (6734)3/13/2000 1:55:00 PM
From: Land Shark  Read Replies (2) | Respond to of 18222
 
You've little or no reason to be smiling ;-))))). But, I suppose as the saying goes ignorance is bliss. You're King of the Ignorant (in many senses of the word).



To: Ronald P. Margraf Sr. who wrote (6734)3/13/2000 1:56:00 PM
From: Erik Lundby  Read Replies (1) | Respond to of 18222
 
You have not disclosed why you have been continuously lying example ("The SEC told me they were not looking into ECNC.") ("The SEC told me a bunch of other stuff.") or why you made death threats.



To: Ronald P. Margraf Sr. who wrote (6734)3/13/2000 2:02:00 PM
From: Rajiv  Respond to of 18222
 
From bloomberg -

Econnect Halted by SEC, Citing Questions About Claims (Update1)
By David Evans
Econnect Halted by SEC, Citing Questions About Claims (Update1)

(Adds details about stock trading, company's operations.)

Los Angeles, California, March 13 (Bloomberg) -- Trading in
eConnect Inc. was halted for two weeks by the Securities and
Exchange Commission, citing questions about the accuracy of the
company's press releases.

The Los Angeles company, which owns Internet auction sites,
soared from 45 cents this year to last week's high of 21 7/8. It
fell 4 1/2 Friday to 10, on trading of 18.9 million shares.

The SEC is looking into eConnect's claims to have a license
with hand-held computer maker Palm Inc. and an alliance with
Empire Financial Group Inc., a Florida brokerage, for electronic
transfers of cash into trading accounts.

The SEC also is examining the amount of revenue the company
claims one of its Web sites generated. The halt took effect at
9:30 a.m. and will continue until 11:59 p.m. on March 24.

As of Sept. 30, the date of its most recent financial
statement, eConnect had current assets of $44,646, compared to
current liabilities of $734,949.

EConnect last year said it operated 'the world's largest on-
line or off-line exclusive sports memorabilia auction' at
www.econnectauction.com. The site, which it said had 15,000 pre-
registered users, now has zero items listed for sale.

Though eConnect has been popular with small investors, the
rise in its share price has fueled more than $1 billion worth of
stock transactions in the first eight days this month. The average
trade was about 1,000 shares, according to Bloomberg analytics.

EConnect's corporate publicist, Elias Argyropoulos, is a
former stockbroker who was banned from the brokerage industry in
1995 by the National Association of Securities Dealers for stock
``manipulation' and unauthorized trading in customer accounts.



To: Ronald P. Margraf Sr. who wrote (6734)3/13/2000 3:49:00 PM
From: coolhandluke  Read Replies (2) | Respond to of 18222
 
Cool Hand Luke speaks.....The shorts have bitten off too much this time. Its squirm time for them. We love it!!!