EXHIBIT 5.1
Opinion of Sierchio & Company, LLP
61
<PAGE>
SIERCHIO & COMPANY, LLP.
Attorneys
150 East 58th Street, 25th Floor
New York, New York 10155
Telephone: (212) 446-9500 Facsimile: (212) 446-9504
December 11, 2000
E.Deal.net, Inc.
1628 West 1st Ave., Suite 214
Vancouver, British Columbia, Canada V6J 1G1
Re: E.Deal.net, Inc.--Registration Statement on Form SB-2
Dear Sir or Madam:
We have acted as counsel for E.Deal.net, Inc., a corporation existing under
the laws of the State of Delaware (the "Company") in connection with the
reparation and filing of a registration statement on Form SB-2 (the
"Registration Statement") relating to the registration and the offer and sale by
the Company of up to 5,000,000 shares of the Company's common shock, $0.001 par
value (the "Common Shares"). In this connection, we have examined such
documents, corporate records, officers' certificates and other instruments as we
have deemed necessary or appropriate for purposes of this opinion, including,
but not limited to, (i) the Company's Certificate of Incorporation and Bylaws,
(ii) the Company's Certificate of Amendment of the Certificate of Incorporation,
and (iii) the Registration Statement. We have assumed the legal capacity to sign
and the genuineness of all signatures of all persons executing instruments or
documents examined or relied upon by us and have assumed the conformity with the
original documents of all documents examined by us as copies of such documents.
Based upon and subject to the foregoing, we are of the opinion that when
offered and sold as described in the Registration Statement, the Common Shares
will be validly issued, fully paid and non-assessable. We are members of the bar
of the States of New York and New Jersey and do not hold ourselves out as being
conversant with the laws of any jurisdiction other than those of the United
States of America and the State of New York.
We hereby consent to the reference to this firm under the caption
"Interests of Named Experts and Counsel" in the Prospectus and to the filing of
this opinion as an exhibit to the Registration Statement. In giving this
consent, we do not thereby concede that we are within the category of persons
whose consent is required under the Securities Act of 1933, as amended, or the
rules and regulations of the Securities and Exchange Commission thereunder.
Very truly yours,
Sierchio & Company, LLP
By: /s/ Joseph Sierchio
---------------------------
Joseph Sierchio
62
<PAGE>
EXHIBIT 23.1
Consnet of Serchio & Company LLP
Included in Exhibit 5.1