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: Ipso facto who wrote (1659)	11/9/1998 10:17:00 PM
From: M.R. Davis	Read Replies (1) of 5541

Ipso That's very clear - and very much appreciated. Can you tell us more of Mr Bach and his Brooklyn hedge funds? He is a fund manager and investment broker? What is his history on this? Why did G & G let him do such a crappy deal and dilute the stock? Do you mean that if Bach hadn't done those 504s we would have shares outstanding of only 40 million? You say Bach controls the float. I thought only 30 million was in the float - and 60 million was with insiders - are you counting the 50 million from NAFT 504s as insider shares. Finally - approximately how many shares do Golan, Globus and Benz own respectively? BTW - I think I can see why you are so pissed off! If the shares outstanding stood at only 40 million - and you held say 2 million - and there had been some decent funding..... you could have been sitting mighty pretty!

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