Energy, how do we know that this is not just more fluff like the company has spread in the past.  ETLC losses continue to grow and the company now owes over 34 times what the entire company is worth and it is all due in the current year.  At the present time the company is terribly over priced at .11 with a huge negative net worth.

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NEW YORK, Oct 19, 2007 (PrimeNewswire via COMTEX) -- Rob Howe, CEO of
eTelcharge.com (OTCBB:ETLC), will present at Wall Street Reporter's Small-Cap
Discovery Conference, which will be held on October 24th at the Harvard Club of
New York City.

The Small Cap Discovery Conference is an ongoing program series hosted by Wall
Street Reporter Magazine which features presentations by CEOs of public
companies to an audience of over one hundred investors, analysts and fund
managers.

"I am very enthusiastic about the prospect of bringing eTelcharge's 'new online
way to pay' to the investment community, especially after a successful product
launch and our ongoing signing of merchant agreements," states Mr. Howe,
"providing consumers the ability to charge purchases to their home bill through
our payment services provider, AT&T, targets two huge markets - internet fraud,
and a huge group of consumers who have been denied credit."

Mr. Howe will discuss the strong investment provocation of eTelcharge's "new
online way to pay," holds for investors, and its benefits to consumers
nationwide.

Wall Street Reporter (Est. 1843) is the premier source of investment information
on global small-cap public companies in high-growth sectors. Through their
magazines, special reports, website and conferences, WSR presents unique
opportunities for discovering stocks before they appear on the radar of Wall
Street and has become a "must attend" and "must read" for a "who's who" of the
investment community.

Registration information for the conference, which is sponsored by vFinance,
Knobias, Yorkville Advisors, and Marks Value Partners, can be found at
http://www.wallstreetreporter.com/sdc or by calling 212-363-2600.

About eTelcharge.com

eTelcharge.com is the first Web 2.0 payment application. The company's
technology is robust and scalable, allowing for many other applications in
alternative payment solutions, which is an industry that is growing
exponentially.

This news release was distributed by PrimeNewswire, http://www.primenewswire.com

SOURCE: Wall Street Reporter Magazine; eTelcharge.com


By Staff

CONTACT:          eTelcharge.com          Rob Howe, CEO          (866) 653 - ETLC(3852)          http://www.eTelcharge.com/          Wall Street Reporter Magazine          Jack Marks, CEO & Publisher          (212) 363 - 2600 ext 260          http://www.WallStreetReporter.com




(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.

-0-

That press release had better be for real.  The company has been living off of benevolent investors for years.  ETLC still owes over 34 times what the entire company is worth and lost well over $1,000,000 during the past six months.  All of that debt is due in the current year.  They must continue to issue shares to survive.

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ETLC owes 34 times what the entire company is worth and it is all due in the current year.  Their revenues do not seem to be increasing to any great degree so it is obvious that without a large increase in revenues the debt will continue to grow.  At the present time the only way to pay the current years bills is to issue more stock.   The management continues to blow smoke at crucial times but nothing seems to come of their grandiose press releases.   With the 10Q due out sometime during the week of 12th to 16th I certainly wouldn't invest here before then.  I don't believe that this company management can be trusted.

No news or context?  what is this all about?