Exhibit 5.1 Opinion re: Legality
WEED & Co. L.P.
4695 MacArthur Court, Suite 1450
Newport Beach, California 92660
Telephone (949) 475-9086
Facsimile (949) 475-9087
November 14, 2000
Board of Directors
Enova Holdings, Inc.
1196 E. Willow Street
Long Beach, CA 90806
RE: Opinion of Counsel
Greetings:
I have acted as counsel to Enova Holdings, Inc. (the "Company") in connection
with the registration under the Securities Act of 1933, as amended (the "Act"),
of an aggregate of 5,812,211 shares (the "Shares") of the Company's common
stock, par value $.001 per share (the "Common Stock"), to be sold by the Company
upon the terms and subject to the conditions set forth in the Company's
registration statement on Form SB-2 (the "Registration Statement").
In connection therewith, I have examined copies of the Company's Certificate of
Incorporation, Bylaws, the corporate proceedings with respect to the offering of
shares, and such other documents and instruments as I have deemed necessary or
appropriate for the expression of the opinions contacted herein. In such
examination, I have assumed the genuineness of all signatures, the authenticity
and completeness of all documents submitted to us as originals, the conformity
to the original documents of all documents submitted to us as copies and the
correctness of all statements of fact contained in such documents.
Based on the foregoing, and having regard for such legal considerations as I
have deemed relevant, I am of the opinion that the Shares to be sold by the
Company by means of the Registration Statement, when sold in accordance with the
terms and conditions set forth in the Registration Statement, will be duly and
validly issued, fully paid and non-assessable.
Very truly yours,
/s/ Richard O. Weed
Richard O. Weed
40
