1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: TraderGreg who wrote (1143)	8/30/1998 9:21:00 PM
From: Suzanne Newsome	of 5541

In response to my questions about the limited partnership not being fully subscribed, Mr. Volk replied that that was true. He said that the lawyers took an exceptionally long time to get the legal documents ready. He said that August was a "dead time" with respect to trying to do business; the "decision-makers" are out. He said that the company and Alexander Westcott are "very confident" that the money will be raised in September. Zorro mentioned that "They are splitting up minimums, looking for any investor." I am unable to confirm or deny that specific statement. However, I do know of a person who received a prospectus for an investment that explicitly stated the the investment was only intended for persons with a net worth greater than $1 million and the minimum investment was for $75,000. Not only was the net worth requirement waived, but he was allowed to buy half a unit for $37,500. Did the deal sputter into failure? No, the investment was sold out, and things are going very well at this time. Regards, Suzanne

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