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   Microcap & Penny StocksDD Central on ECNC (formerly BETT)


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To: Jorjenzak who wrote ()8/16/1999 7:05:00 PM
From: Jorjenzak
   of 266
 
From: Fatt Matt Saturday, Aug 14 1999 9:02PM ET
Reply # of 3082

Metals,
I have a lot to say about what this does, but I know you are focusing on why they need $10 million. I see this as management going for the gusto and I like it! They were screwed and blind-sided on the Canadian deal for money..

With this deal, they are going for the big time. With JVC they have proven they will be accepted and the product works and people will use it. Proven is the key word here..Acceptance.

With the $10 million PP they will go GLOBAL, the ECNC dream. Read the part of that PR that CIMA didn't post - ETTA to Implement Same-as-Cash(TM) Internet Service in 100,000 Australian, New Zealand, Hong Kong and United Kingdom Homes in Time for the 2000 Summer Olympics.
--Don't you think it might take a "little" money to implement something like this. This is only the beginning of it all...It's going to be HUGE

biz.yahoo.com -
eConnect Projects Substantial Revenues in 2000 From JVC Secure eMail Service. This will probably gross them around $20 million...(my estimate based on filings)

Plus, in regards to the PP, I think that the Sydney Fund will be handling this and probably take a huge position in it. (I could be wrong. There will probably be a re-release/re-write to clear this up)

Now, what did you see that you didn't like?

FM

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To: Jorjenzak who wrote ()8/16/1999 7:06:00 PM
From: Jorjenzak
   of 266
 
From: M Vavolizza Sunday, Aug 15 1999 1:54PM ET
Reply # of 1382

To all: Here are the answers to 6 questions I relayed to Tom from the Thread. Tom E-mailed these to me yesterday, I was going to wait till tomorrow morning to post - but my AOL has been acting up; so here goes:

1. "I (Tom) will be reworking the press release. I have been very busy with the eSafe signings. The first Press release on ETTA was the presentation of the 'heavy' details. Now I will put out a streamlined version on Monday."
2. Re Hallsboy's question: "eSafe will be raising $10 mil in an IPO.
eConnect will be raising $10 mil by selling REGISTERED SB2 eConnect stock to investors through a private placement. The price will be$1 per share plus $1 warrant that can be exercised with no strike dates until Dec 31, 2000."
3. JVC projects 2,000,000 On Line Benefits customers. Of that, a LARGE portion is expected to pay $5.99 for the secure E-mail service. "We have been told that 100,000 customers have already signed up. We receive about 50% of the $5.99 as our Royalty."
4. Tom reiterates that PICOHOLDINGS is a $20 NASDAQ traded stock that has gas and oil holdings in Australia that Sydney Fund Managers controls. "lian is a good friend with the chairman and will be seeing him on Aug 17."
5. "The 10Q was filed on Friday. I will verify with you (Manny)."
6. "Mr. Gianbruno did not have a large block of stock.
Consultants with S-8 stock hold no more than 200,000 shares max. Shareholders with larger blocks are (closely monitored by me)."

From Tom via Manny I R Wall Street ECNC

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To: Jorjenzak who wrote ()8/16/1999 7:07:00 PM
From: Jorjenzak
   of 266
 
Oooops...I was wrong. ETTA is the name of the strategic alliance of ECNC and eSafe...not a public company. eSafe IPO expected soon...not sure what that means. Per Tom.

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To: Jorjenzak who wrote ()8/16/1999 7:09:00 PM
From: Jorjenzak
   of 266
 
From: M Vavolizza Monday, Aug 16 1999 11:38AM ET
Reply # of 1384

To all:

Tom, in an effort to supply accurate information, has created today a double pronged attack. The P Rs will be the streamlined version from now on. However, concurrently Mr. Huhes will send Scoobey and myself an explicated version with greater detail for the THREADS. Scoobey will get this out to you. The Information Highway is looking clean and green>

Manny Vavolizza I R Wall Street
ECNC


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To: Jorjenzak who wrote (230)8/16/1999 10:35:00 PM
From: Matt Brown
   of 266
 
Jordan,

A better version of that, with spell check and all is freely avaialbe at - clubfatt.com

under Reports...

FM (I know my spelling is rough..that is why I run spell check on the web versions :-)

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To: Matt Brown who wrote (251)8/17/1999 3:54:00 PM
From: SCOOBEY-DO
   of 266
 
The following is Tom's long version of the PR:

Los Angeles, Sydney, Australia: eConnect, OTC:BB:ECNC, and E-SAFE, have targeted 100,000 homes to implement consumer Same-as-Cash Internet and non Internet commerce.

An average revenue of $100 per month per home is projected. This is an aggregate amount of different fees being paid by merchants to receive Same-as-CashTM services for receipt of bill payments, and impulse purchases. These fees are electronically received by eConnect and E-SAFE. No accounts receivables. Substantial fees will be generated from gaming companies who are receiving Same-as-Cash payments.

E-SAFE and eConnect are targeting a preliminary implemented Same-as-Cash system in the first 3 countries of Australia, Hong Kong and United Kingdom by a November to December 99 time frame. Immediate services of Same-as-Cash catalog, bill payment and wagering will begin. eSportsbet.com and eSportsbet.org will also begin testing Same-as-Cash receipts for the 2000 Summer Olympics to be held in Australia.

E-SAFE has been launched by Sydney Fund Managers Group by Managing Director Iain Gray. Sydney Fund Managers was established in 1986 and is a public but unlisted specialist investment company whose name is well recognized and respected by the global investment community.

eConnect and E-SAFE have formed the alliance of ETTA (Electronic Transactions Technologies Australasia) to aggressively pursue both Internet and non Internet eCommerce opportunities. E-SAFE and eConnect will be deploying an existing $75 device into target homes that will enable the Internet consumers to use their ATM card and their bank assigned PIN to effect a Same-as-Cash sports wager or impulse purchase. The transaction will be driven by proprietary bank host centers owned and managed by the alliance of eConnect and E-SAFE.

Non Internet consumers will be offered the eBoxTM, a working eConnect proprietary stand alone terminal that simply attaches to a phone and will also send Same-as-Cash transactions. eConnect and E-SAFE will also be fast track developing the PocketPay, which is a mobile wireless pocket sized terminal that can effect wireless Same-as-Cash transactions but can also be used as a voice phone.

The E-SAFE and eConnect proprietary bank host centers will drive the PocketPay transactions and are presently driving EzyShop transactions. Internet consumers will also be offered a special keyboard that will allow them to use a second phone line and bypass the Internet entirely with their bank card data.

Same-as-Cash sports wagers will be initially received by eSportsbet.com while E-SAFE is applying for an Australian Internet sports betting license with the web site eSportsbet.org.

Deployment of the inexpensive home Same-as-Cash equipment will be accomplished by alliances with utility and phone companies who wish Same-as-cash payments by both Internet and non Internet paths. E-SAFE has contacts with decision makers at utility and phone companies, gaming and catalog companies and is confident of establishing strategic alliances to pursue global Same-as-Cash eCommerce.

E-SAFE is seeking to raise $10,000,000 in a public offering and eConnect is seeking to raise $10,000,000 in a public offering.

eConnect has generated unaudited revenues and earnings and consists of two Divisions: eGaming, which is focused on the development of both Internet and non Internet gaming transactions through the implementation of Same-asCash TM payments by either ATM card and PIN for banked consumers and by the EzyCard TM for non banked consumers. Both types of transactions are enabled by proprietary eConnect equipment and Host processor. eGate, the second Division, is focused on the development of secure Same-as-Cash Internet transactions; EzyShop, the usage of the eConnect equipment to generate self serviced purchases from consumers sitting in waiting rooms and shopping from national catalogs; and EzyCard, a value added card to be used by non banked consumers using the publicly located eConnect equipment to effect self service bill payment, catalog purchases, and legally permitted self service lottery transactions.

eConnect and E-SAFE's eSportsbet.com, and eSportsbet.org, are the first recipients of Same-as-Cash wagers. Concurrently, E-SAFE and eConnect will offer such Same-as-Cash services to competitive gaming sites, and to non gaming Internet merchants.

This press release contains forward looking statements subject to the safe harbor act created by the Securities Litigation Reform Act of 1995. Management cautions that these statements may include projections and estimates of future performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn in economic conditions, or delays in product development.

Contacts: E-SAFE: Bruce McWilliam, 011-61-2-9267-7555
eConnect: Carnegie Cooke, Anita Goldberg, 800-262-2331
ET&T: Prima Capital, Elias, 800-600-8599 web sites: e-connect.cc ezyshop.cc
.
.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)

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To: Jorjenzak who wrote (250)8/17/1999 3:58:00 PM
From: SCOOBEY-DO
   of 266
 
To: Jorjenzak (1360 )
From: SCOOBEY-DO Monday, Aug 16 1999 11:46AM ET
Reply # of 1446

Hi Everyone,

Here is a message from Tom:

We either filed the 10Q on Friday or will be filing it today. I will not be able to speak with our attorneys until 10:AM my time.

The 10Q only reflects the acquisition of Rogel Technology as we were told by our SEC accountants that we could not include eSportsbet until the third quarter as they were a subsequent event to June 30.

For eSportsbet, the SB2 stock was not effective until July 12 and therefore we could not officially close in the second quarter on eSportsbet.

Rogel Technologies has been spearheading the development of Internet Same-as-Cash by ATM card and bank assigned PIN.

The royalites from the JVC Secure eMail will not begin until first quarter 2000.

777WINS.com: We have been delayed on closing the acquisition due to 777WINS first addressing an internal challenge which has now been met.

We expect to formally close the acquisition this week and 777WINS revenues and earnings will be reported in the third quarter.

EzyShop: On August 13, we received the go ahead from Tropix catalog...looks like a Sharper Image catalog to begin deployment to EzyShopper locations.

We can now start distribution to our SouthBay EzyShopper locations.

The SkyMall contract is still in legal and will be okay'd in about 10 days, and the Voyageur catalog(on American Airlines) was loaded in our Host as per their instructions but they still did not give us our signed contract back.

We should be seeing it this week. Tropix has signed our contract so we are starting with them first.

GO ECNC!

Tom

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To: Jorjenzak who wrote (250)8/19/1999 12:40:00 PM
From: SCOOBEY-DO
   of 266
 
To: dkgross (1507 )
From: Tradewinds Tech Wednesday, Aug 18 1999 9:50PM ET
Reply # of 1523

I think some of you are tying yourselves up in knots un-necessarily, in trying to understand this security issue; because you are confusing/mixing discussions of three different scenarios, as if they were one.

In the vase of the consumer who DOES NOT HAVE INTERNET ACCESS, the various comments about the need for a small, convenient device, are right on. For this market, Tom has patented a terminal originally named the Paymaster, and more recently referred to as the EZYShopper. This device, which will be used for EZTShop public locations, can also be used for shopping or bill paying in the home of someone who does not have a PC; or, someone who has a PC, but is not prepared to venture out onto the big, bad Internet.

Tom and I have a broad philosophical difference of opinion over how large this market is (i.e., the market consisting of people who want to shop or pay bills electronically, but don't have Internet access). I will leave it to others to debate that.

The second and third scenario is (are?) those cases where consumers have Internet access, but would prefer a safer way of using their credit card, and/or a way to use their ATM card. This splits into two scenarios, because there are two approaches to addressing this market need.

The first approach is to use the device Tom has called a SLICK, for which he obtained a patent. The SLICK is a low-cost card reader and PIN pad, which attaches to the PC. The SLICK also has a modem and, as somene explained, it uses a second phone line to dial directly to the bank, or a processor acting on behalf of a bank. Because this data never passes over the Internet, it is more secure.

The other approach is to use a device similar to the SLICK, but to go ahead and pass the data over the Internet, rather than use a second phone line. Removing the need for a modem built into "the device", and removing the need for a second phone line, makes this a simpler and lower cost approach. Less cost, and less security. You could say, you get what you pay for.

It appears that eConnect will try to implement all three approaches. For Internet ("same-as-cash") transactions, the simpler device that does not require a second line, will be implemented first. With current funding, it would not be prudent to attempt to develop both simultaneously. Development of the full-blown SLICK may be funded by the joint venture with the Australian gorilla.

For now, there is no way around needing a hardware device attached to the consumers PC. Regulations imposed by the ATM networks, require that ouyr secret 4-digit code (your "PIN" number) be encrypted in "secure hardware". They are NOT prepared to accept encryption done "in software", i.e. by a program provided by eConnect, and loaded into the consumer's PC.

Regarding consumer protection: Consumers do have protection when they use their ATM card, comparable to credit card rules. This is a function of the way the banks and bank networks work, not something eConnect has to sweat bullets over.

For consumers without Internet access, EZYShopper could be deployed to their homes today. However, eConnect marketing resources will focus on the EZYShop/Public Location business opportunity first, and then go back and lok at how to develop the home market.

Regarding Marketing: There is a lot more to the business strategy than this, but it gets to be too much for a simple email. Suffice it to say that eConnect does have solid marketing ideas for making these things happen.

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To: SCOOBEY-DO who wrote (254)8/20/1999 10:35:00 AM
From: SCOOBEY-DO
   of 266
 
News Relase:

August 20, 1999 10:15

Emerging Company Report TV Program Goes 'On-Location' at Chicago Discovery Expo Investment Conference

CHICAGO, Aug. 20 /PRNewswire/ -- Emerging Company Report, the nationally syndicated television program which profiles emerging-growth companies (http://www.emergingcompany.com), produces their program "On-Location" this week from the Chicago Discovery Expo Investment Conference and features an interview with EConnect (OTC Bulletin Board: ECNC).

E-Connect CEO Tom Hughes explained his company's wide range of customer service programs and patent pending technology. Products ranging from EzyDepot(TM), a transaction automation system, to EzyShop(TM), which allows people in waiting rooms or public areas to shop over the Internet are targeted to the consumer market. EzyPay(TM), which is targeted to financial institutions, helps eliminate some of the costs associated with the more than 70 billion consumer checks that are written each year. The company has also entered the Internet gaming industry with 777wins.com and eSportsbet.com.

Previously featured companies whose progress is updated on Emerging Company Report this week include; TTR Technologies, Inc. (OTC Bulletin Board: TTRE) Vice-President Robert Friedman demonstrated his company's Disc-Guard(TM) technology, which prevents software CD piracy.

Emedsoft.com (OTC Bulletin Board: MDTK) Director of Investor Relations Michael Manahan described his company's Internet-based health care information management system. The company projects current fiscal year revenues in excess of $40 million out of an overall market estimated at $30 billion.

ElGrande.com (OTC Bulletin Board: EGND) Chairman and CEO James R. West announced his company has developed an Internet search system called a "Shop Engine," which allows consumers who may be looking for particular items to purchase, a faster method in which to get what they want.

Itronics, Inc. (OTC Bulletin Board: ITRO) CEO Dr. John Whitney discusses his company's business of making silver bars and fertilizers from photochemical waste fluid.

Workfire.com (OTC Bulletin Board: WKFR) President Tom Taylor unveiled his company's Genetic Caching technology, which helps the Internet work faster.

Also: ProCyte Corporation (OTC Bulletin Board: PRCY), ISM Holding Corporation (OTC Bulletin Board: ISMH), M & A West, Inc. (OTC Bulletin Board: MAWI), Micro-Laboratories, Inc. (OTC Bulletin Board: MLAR), Consolidated Data, Inc. (OTC Bulletin Board: CSDD), Itronics, Inc. (OTC Bulletin Board: ITRO), Creative Hosts Services Intl., Inc. (Nasdaq: CHST), Twistee Treat Corporation (OTC Bulletin Board: TWTE) and Saf-T-Hammer Corporation (OTC Bulletin Board: SAFH).

Viewers of Emerging Company Report can receive free information in the mail about featured companies by calling a toll-free phone number on their TV screen. The television program, which debuted in the Fall of 1996 is seen Friday evenings at 11:00 ET, 8:00 PT, Saturdays at 2:00 PM ET, 11:00 AM PT and Sunday mornings at 11:30 ET, 8:30 PT. The program is available to 24 million cable TV homes in more than 150 cities nationwide.

The program can also be viewed "On-Demand" at the Emerging Company Report web site, emergingcompany.com.

Emerging Company Report television program, Copyright 1999, all rights reserved. Emerging Company Report does not provide an analysis of companies' financial positions and is not soliciting to purchase or sell securities of the companies, nor is the Company offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. Emerging Company Report has been paid a cash fee of $9,500.00 by the featured companies, does not accept company stock as payment for services, does not hold any positions in featured companies and the information herein is not an endorsement by the producers, publisher or parent company of Emerging Company Report.

SOURCE Emerging Company Report

/CONTACT: Donald Baillargeon of Emerging Company Report, 323-850-0076/

/Web site: emergingcompany.com

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To: SCOOBEY-DO who wrote (255)8/23/1999 9:12:00 AM
From: SCOOBEY-DO
   of 266
 
News Release:

August 23, 1999 06:17

eSportsbet Announces Successful Initial Testing Of eSportsbet.com Web Site

LOS ANGELES--(BUSINESS WIRE)--Aug. 23, 1999--eConnect (OTC BB:ECNC), fully reporting, announced that eSportsbet which until now has been receiving over the phone sports wagers, has successfully tested the eSportsbet.com web site and will soon open the site to the public.

"Test customer responses have been excellent and we look forward to an imminent global launch of eSportsbet.com. eSportsbet has been averaging about 2 million per month in over the phone wagers and we expect to triple our business with the activation of our web site combined with our existing business. We are also very excited about the scheduled testing of Same-as-Cash wagers which we will be receiving from Australian originated ATM card with PIN wagers.

"This opens up simple pay per play by the consumer with no need to open an account and this will be a tremendous and cost efficient move for eSportsbet.com. We will also be offering our Same-as-Cash Internet wagering services to competitor Internet wagering sites," stated James Wexler, President of the eGaming division of eConnect.

"We feel that Same-as-Cash Internet wagering originating from Australia, which has legalized Internet gaming, will inevitably lead to a model of instant taxation of the players winnings which will be deducted by the consumer's recipient bank. This model, which will begin in Australia with our partner E-SAFE, will eventually migrate to the United States and to other countries who will then enjoy continual revenues from the instant taxation of players winnings," stated Thomas S. Hughes, Chairman and CEO of eConnect.

eConnect is made up of two Divisions: eGaming, which is focused on the development of both Internet and non Internet gaming transactions through the implementation of Same-as-Cash(TM) payments by either ATM card and PIN for banked consumers and by the EzyCard TM for non banked consumers. Both types of transactions are enabled by proprietary eConnect equipment and Host processor.

eGate, the second Division, has both Internet and non Internet business applications and is focused on three areas of ecommerce business: 1. The development of secure Same-as-Cash Internet transactions; 2. EzyShop, the usage of the eConnect equipment to generate self serviced purchases from consumers sitting in waiting rooms and shopping from national catalogs; and 3. EzyCard, a value added card to be used by non banked consumers using the publicly located eConnect equipment to effect self service bill payment, catalog purchases, and legally permitted self service lottery transactions.

This press release contains forward looking statements subject to the safe harbor act created by the Securities Litigation Reform Act of 1995. Management cautions that these statements may include projections and estimates of future performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn in economic conditions, or delays in product development.

CONTACT: eConnect:
Carnegie Cooke
Anita Goldberg, 800/262-2331 (Investor Relations)
or
E-SAFE:
Bruce McWilliam, 011-61-2-9267-7555
or
ET&T:
Prima Capital
Elias Argyropoulos, 800-600-8599

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