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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: Jay Letterman who wrote (51)5/23/1998 10:55:00 PM
From: ayahuasca   of 8798
 
Anyone here have any opinions on ICVI? In a nutshell they have just aquired (but were really taken over by) Mountain Energy which is a company with resources tagged at $200,000,000. ICVI is just a shell. It was around a nickel on Monday. It closed on Friday at .53. I took an initial position on Thursday and am doing my DD now. If the valuations are true the book value comes to $2.85/shr. More news is expected this week.
So, anyone know anything about this one?
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