U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
ECONNECT, INC.
(Exact Name of Registrant as Specified in its Charter)
Nevada 43-1239043
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(State of Incorporation) (I.R.S. Employer ID No.)
2500 Via Cabrillo Marina, California 90731
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(Address of principal executive offices) (Zip Code)
Consulting Agreements dated September 10, 2002
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(Full title of the Plan)
William B. Haseltine, Attorney at Law
604 North Greenbrier Street, Arlington, Virginia 22203
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(Name and address of agent for service)
(703) 276-1919
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
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Title of Securities to Amount to be Proposed Maximum Proposed Aggregate Amount of
be Registered Registered Offering Price Per Offering Price Registration Fee
Share
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Common Stock 16,750,000 $0.01 $167,500 $15.41
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(1) Computed pursuant to Rule 457(c) on the basis of the average of the high and
low prices per share as reported for such securities on the NASD's OTC Bulletin
Board on October 10, 2002.
Pursuant to General Instruction E to Form S-8, the contents of an
earlier registration statement filed on this Form S-8, No. 333-74524, are hereby
incorporated by reference. The Consulting Agreement filed as an exhibit with the
S-8, No. 333-87438, filed on May 2, 2002, is incorporated by reference herein.
The Consulting Agreements that are included herein are between the
following individuals for the amount of shares indicated. These individuals are
involved in development of the businesses of the Company in the area of support
for financial, operational and marketing assistance. Chris Jenson: 2,000,000
shares; Gilbert Serrano: 2,000,000 shares; Robert Atwell: 1,000,000 shares;
Griselle Colon: 750,000 shares; Don Yarter: 1,500,000; William Haseltine:
2,000,000 shares; Julie Saxton: 3,500,000 shares; Steve Strobell: 1,500,000
shares; Dierdre Girardeau: 1,000,000 shares; and Eric D. Wright: 1,500,000
shares.
Attached hereto are the required Opinion of Counsel and Consent of
Accountants.
William B. Haseltine
Attorney at Law
604 North Greenbrier Street
Arlington, Virginia 22203
(703) 276 1919
October 11, 2002
U.S. Securities and Exchange Commission
Division of Corporation Finance
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: eConnect - Form S-8
Dear Sir/Madame:
I have acted as counsel to eConnect, a Nevada corporation ("Company"), in
connection with its Registration Statement on Form S-8 relating to the
registration of sixteen million seven hundred fifty thousand (16,750,000) shares
of its common stock ("Shares"), $0.001 par value per Share, which are issuable
pursuant to the Company's Consulting Agreements incorporated by reference into
this filing.
In my representation I have examined such documents, corporate records, and
other instruments as I have deemed necessary or appropriate for purposes of this
opinion, including, but not limited to, the Articles of Incorporation, and all
amendments thereto, and the Bylaws of the Company.
Based upon and in reliance on the foregoing, and subject to the qualifications
and assumptions set forth below, it is my opinion that the Company is duly
organized and validly existing as a corporation under the laws of the State of
Nevada, and that the Shares, when issued and sold, will be validly issued, fully
paid, and non-assessable.
My opinion is limited by and subject to the following:
(a) In rendering my opinion I have assumed that, at the time of each issuance
and sale of the Shares, the Company will be a corporation validly existing and
in good standing under the laws of the State of Nevada.
(b) In my examination of all documents, certificates and records, I have assumed
without investigation the authenticity and completeness of all documents
submitted to me as originals, the conformity to the originals of all documents
submitted to me as copies and the authenticity and completeness of the originals
of all documents submitted to me as copies. I have also assumed the genuineness
of all signatures, the legal capacity of natural persons, the authority of all
persons executing documents on behalf of the parties thereto other than the
Company, and the due authorization, execution and delivery of all documents by
the parties thereto other than the Company. As to matters of fact material to
this opinion, I have relied upon statements and representations of
representatives of the Company and of public officials and have assumed the same
to have been properly given and to be accurate.
(c) My opinion is based solely on and limited to the federal laws of the United
States of America and the Nevada Revised Statutes. I express no opinion as to
the laws of any other jurisdiction.
Sincerely,
/s/ William B. Haseltine
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William B. Haseltine
L.L. Bradford & Company
Certified Public Accountants
2901 El Camino Avenue, Suite 105
Las Vegas, Nevada 89102
(702) 735-5030
October 11, 2002
U.S. Securities and Exchange Commission
Division of Corporation Finance
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: eConnect - Form S-8
Dear Sir/Madame:
As independent certified public accountants, we hereby consent to the
incorporation by reference in this Registration Statement on Form S-8 of our
report dated April 19, 2002 in eConnect's Form 10-KSB, and to all references to
our firm included in this Registration Statement.
Sincerely,
/s/ L.L. Bradford & Company
L.L. Bradford & Company
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorize, in the City of San Pedro, State of California, on October 11, 2002.
eConnect
By: /s/ Chris Jenson, Acting CEO
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/s/ Jack Hall, Secretary and Director
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