Ecom Corp. Secures Funding Commitment.Business Editors PARK CITY, Utah--(BUSINESS WIRE)--Sept. 6, 2000 Ecom Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ECCM Noun 1. ECCM - electronic warfare undertaken to insure effective friendly use of the electromagnetic spectrum in spite of the enemy's use of electronic warfare electronic counter-countermeasures ) Wednesday announced that it has entered into an investment agreement with Swartz Private Equity, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , in the form of a private equity line for the purchase of up to 20 million common shares of the company over a three year period. The number of shares that the company may put to Swartz Private Equity, LLC, is limited to a dollar value of $2 million per month. The sale of shares to the investor is subject to registration, trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. limitations, and certain other conditions. Statements about the company's future expectations and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E, of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. The company intends that such "forward-looking statements" be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |
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