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eCom eCom Advisory Committee Report

October 21, 2003

The Board of Directors appointed and charged this Committee with the task of reviewing the Company’s current business plan, consider changes and make recommendations if any. This mission was accomplished and the following is our report.

1.   The Advisory Committee (AC) first studied the corporate structure of eCom eCom.com, Inc. (ECEC) which has been in a development stage for over two years. We determined that there were too many projects on going with insufficient funding. In other words, none were being completed in a timely manner. The Company’s annual revenue had fallen from 5.2 million dollars to less than .5 million dollars during this period.

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