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

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To: jmhollen who wrote (3364)5/17/1999 10:11:00 AM
From: LegalBeast  Read Replies (3) of 5541
 
Obviously, I cannot speak for JeffO, nor will I, but I will tell you why the question on the table bothers me: You have made a blanket statement which in effect says that if there is not some definitive statement concerning the accounting, then it is obvious that dirty practices must be being used. You actually know nothing of the sort, but are stereotyping them based on what you think you know about others in the same industry. Notice that I did not say that is what you said, rather, that is the effect of what you said.

The real thing here is that the company could not care less what someone on SI posts as their demand. They do not spend hours on here deciding what allegations that they must jump to the defence of. Therefore, it is completely possible that some investors may see the following scenerio:

1. Some poster, such as yourself, says that the company needs to clear the air on this important issue by releasing a press release.

2. No press release is issued, not because the company is not interested in clearing the air, but because the company probably does not even know that the question was asked, and since they think that they are acting in a proper fiduciary manner.

3. Someone else posts that the absense of a press release is the same thing as a refusal to release a press release, and obviously an attempt to cover up.

I hope you see how completely ubsurd this reasoning is. Bottom line: If you want to find out, then call the company, visit the company, but don't just gripe on here and expect the company to respond because it just aint gonna happen.
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