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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: Alex Sharp who wrote (309)3/16/1998 12:20:00 PM
From: Emec  Read Replies (1) of 1058
 
Stephanie and all. I just received a call from David Mahy and Win (sp?). David is a director and from the British group that just came in. I'm afraid we will have to wait on news until late April or May. They must complete various filings, DD, and wait for lawyers and accountants before they can start the PR. Win is very optimistic. David struck me as sincere and said they are working on a number of things. His response to concerns from shareholders about getting news is that they (the British) are not in this for the short term and if shareholders are, they can certainly decide whether they wish to hang on or not. This is either a very smooth scam or a great long term investment. I continue to believe that it is the latter. 1998 has been a very lucky year for me so far (RENT, CMP, SPNSF) so I feel pretty good about my decision to make this a long term hold. It's in my IRA so I have plenty of time. Good luck MEGW or should I say, Tally ho.
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