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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: Suzanne Newsome who wrote (1934)12/10/1998 2:01:00 PM
From: Stephen Goldfarb   of 5541
 
The following is information that may be around in other sources. It was reported to me by a company spokesperson:

1. No earnings anticipated this quarter. No projections.
2. Filing with the SEC to be a reporting company expected this month. Approval anticipated in 3-6 months.
3. Company unable to raise funds through investment firm as anticipated. Exploring other possibilities, eg., private placement.
4. 90 million shares outstanding now increased to about 99 million. Purpose: To raise funds. No further dilution currently anticipated.
5. Two completed films being shopped. Delta Force and Speedway Junky. Latter has received recognition.
6. Komete (sp?) in very early pre-production.
Steve
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