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


To: dkgross who wrote (7445)3/20/2000 6:36:00 PM
From: dkgross  Read Replies (1) | Respond to of 18222
 
This seems VERY important:

>Now posted at the Web address 209.170.26.65 is a >redated copy of the agreement between eConnect and Pilot >Island, and the January 21, 2000, signed nonbinding >exclusive letter of intent between eConnect2Trade.com
>an entity with which it has a joint venture
>relationship -- and Empire Financial Holdings, for the >Beta testing of "same as cash" ATM transactions viaInternet
>brokerage accounts. "This should eliminate, once and for >all, any debate about whether the agreements are or were >real," Hughes said. Empire Financial has decided not to >proceed with the agreement. eConnect is presently
>exploring other relationships within the Internet brokeragecommunity.

GOOD: Two things I get from this...the original ECNC press release WAS in fact true, and the SEC should find this to be true.

BAD: Why did Empire back out?