The Stock Repurchase Program

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1. The eConnect conviction:

http://www.usdoj.gov/usao/cac/pr2003/112.html

"...In July 2002, Hughes oversaw the issuance of false and misleading press releases that claimed: ...eConnect had begun a stock repurchase program..."


"...In fact, ...and there was no stock repurchase program..."





2. The eConnect promoter and consultant:


By: jmhollen $$$$$
27 Jun 1999, 12:44 PM EDT Msg. 554 of 662859
(This msg. is a reply to 553 by jspender.)
FYI:

So that everyone knows what my current situation is, I am still a consulting (electrical/contract) engineer; and am currently supporting 12-hour shifts at a manufacturing plant in Illinois which needs to keep running efficiently until they transfer the production equipment to Canada.

In addition, I serve as a Director for eConnect, initiating new relationships with companies who will be our worldwide partners in the same-as-cash PERFECT financial transfers business. Additionally, I support numerous stock threads to help get the ECNC-word out. I also assume tasks that would otherwise burden Tom, to keep him focused on building the business.

In the immediate future, I will leave engineering and pursue my eConnect responsibilities full-time.

At this juncture, like Tom Hughes, the only unscheduled time I have is usually occupied by an activity called sleep. One may surmise, that non-HQ "..demands.." and "..rude language.." are probably not the most effective way to promote having one's interests currently addressed.

The patent question is reasonable, and I will ask Tom about it; providing some feedback in the near future.

We are also making multiple requests for an ECNC thread here on RB, to move these discussions into an arena more in tune with the company's name and thrust.

Regards,

John M. Hollen, EE
eConnect
Director of Corporate Alliances



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