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

To: Tom C who wrote (6987)	3/14/2000 3:38:00 PM
From: buffaloha	Respond to of 18222

Already been to that list and that site many times before. I can see how start up companies can run afoul of SEC regulations. Especially ones who have gone up 5000% in a few weeks. That will raise anyone's eyebrows. I also have to take the word of the SEC rep out of LA who said it was based on the action on the bulletin boards. I also read the SEC notice and it reads like a Pluvia and Mr. A@P post where they misconstrued the PR on the Palm licensing as being with Pilot Island. Go to the palm site and you too will see Palm itself allows you to use its Palm code under a site which actually has licenseagreement in the URL. The point is, the company does have an agreement with Pilot Island who makes Palm compatible code devices. The SEC notice said nothing else. As the cohorts in short have said nothing else. It is also based on a misinterpretation of the ECNC PR. Second, the word tangle with the "strategic alliance" is similarly garbled by Mr. A@P and his minions. He complained about Empire not having a so-called "strategic alliance"...but the truth is they have a confidential agreement to pursue business interests. Hence, read the word agreement, it means alliance also. While it may not be strategic enough for Empire to call it "strategic" it certainly must be for ECNC who will need these infrastructures to get the product to market and useage. See, I see nothing in the SEC notice or the comments from the SEC to Bloomberg to indicate that this is anything more than a complete misunderstanding about the words used in a PR. So, I expect the SEC will dig very deeply so it won't have to claim to be hoodwinked by the A@P gang, as it appears they were at least in part. Instead, they will find some totally irrelevant or inconsequential violation of the wholesale maze of SEC regs which almost any company can and does violate without experienced securities lawyers leading them. The point is the company is apparenlty doing what it can to solve these issues. If they are cleared and trading resumes, then you tell me that the company who returns isn't one vindicated and the stock will do very nicely indeed. Good luck.