Ecuity, Inc. Defaults on Secured Promissory Note, According to Divine Capital Markets
November 19 2004 - 2:38PM
PR Newswire (US)
Ecuity, Inc. Defaults on Secured Promissory Note, According to
Divine Capital Markets NEW YORK, Nov. 19 /PRNewswire/ -- On Nov.
19, 2004 Divine Capital Markets LLC, a registered broker dealer
located in New York, New York, announced that on November 11, 2004,
the holder of a secured promissory note issued by Ecuity, Inc.
(OTC:ECUI) (BULLETIN BOARD: ECUI) , (a Nevada corporation formerly
known as Y3K Secure Enterprise Software Inc.) ("Ecuity") on
September 13, 2004 and amended on October 14, 2004, in the
principal amount of $113,000, due October 21, 2004, provided to
Ecuity a notice of default for non-payment and breach of other
obligations Ecuity owed to the holder under the secured promissory
note. Divine Capital Markets LLC acted as Ecuity's placement agent
in connection with the issuance of the promissory note, and made
this announcement to ensure that Ecuity's default was publicly
disclosed. Divine Capital Markets LLC suggests that any inquiries
regarding Ecuity's default be made directly to Ecuity. DATASOURCE:
Divine Capital Markets LLC CONTACT: Jason Goldstein, Divine Capital
Markets LLC, +1-305-531-9228
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