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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: one_less who wrote (1182)6/20/1998 5:31:00 PM
From: Ga Bard   of 7039
 
As a Private Investor: I agree with you ... all this what if and how could and whether or this and that or anything is a moot point. I am glad someone would like to discuss how we as shareholders are going to recover from all this mess.

Well I discovered at the time of the converting "B" to "A" that there was a Capital Investment Firm in this stock with 90,000 of preferred A.

Now what has that have to do with anything well lets discuss why. When you want a new car you go to a dealer, when you want a specialist you go to a head hunter, when you want a house you go to a broker and when you want a office space you go to a consultant.

Aha there is the key that people do not understand. That is also which drew my attention to this stock a consultant now promoter ... Steven King. These type gentlemen are consultants for private enterprises and they bring them into public shells to save the IPO costs.

The market has plenty of people that do every possible aspect of the business world. Now a lot of people scream shell scam and I guess there is that to. I doubt Dan strategically did this from the start or he would not have gotten caught like he has. Also he would have done it slowly so as to not get discovered.

Anyway I let people do what they want which is good because people need to be careful with their money. Now because we have a Capital Investment Firm and a burnt Steven King I am not worried about a corporation coming to the table. Also with the warrants getting exercised and a good chance Mark was in time there is going to be a lot of money coming to Midland.

Now that is great because it will attract solid corporations but that still guarantees nothing but hopefully a reverse merger with assets and all. Better than being a shell. Anyway disclaimer done this is should attract a better corporation and hopefully already have audited financial and solid assets because the deal makers know what maybe coming into Midland in cash reserves.

Steven especially I feel is doing what he can and using all his favors & contacts because all this happened just after he came out with his news letter.

Now for doubters here are a few links to prove what I am saying: (note: I am not implying the following links or consultants are a part of Midland in anyway.)

incorporatenow.com
barratry.law.cornell.edu:5123/notify/announcements/3404

So regardless of what the internet may say I still believe solid investing is in knowing what you are doing and using common sense.

Brees, I appreciate you looking to the future which is exactly what I am doing and have been doing since the start of making this stock an investment. Just wished all this had not had happen but it has and no one regardless of hind sight can tell me they could have discovered this any quicker.

JMO

GB
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