SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Leroyt who wrote (4158)8/12/1999 3:23:00 PM
From: jhild   of 5541
 
What is there to dispute about the linked information? What he draws from that, I would question however based on the review of what I have read on the SNTKY thread. It reads like you might expect when the price was rising. But some of those dedicated longs look like they changed their tune about Tony Cataldo by September of last year. It further looks to me like it was not a voluntary departure and was at the very least likely to have been agreeable to the Board that he resigned.

For instance in all that I read, there I see no denial of the allegation that he misrepresented his educational experience in the SNTKY 14a filed last year. On an integrity basis, I find this a disturbing quality in a CEO. (Are you aware of any evidence to the contrary on this issue? It would be useful to dispel it if this is not true. But I see nothing as of now.)

Admittedly, it is difficult running a business with a shrinking market opportunity. Needless to say, he did not rise to the circumstance to transition their source of revenues to weather whatever their problem. I am not casting blame, necessarily. I just don't think this worthy of being praised. Stock price is not the most accurate measure of success. When the price is based so heavily on future performance, anyone can whip up enthusiasm with a few misrepresentations.

As to the data I chose, I only posted what I found. If you want to dig into their financials over the period that he would have had any influence, go right ahead. The announcement of their earnings (loss) was the last period that he was there and so I think demonstrates whatever his most potent influence may have been.

As for MVEE, with no accounting of the terms of these movie deals and the commitments for shares, you must operate on trust that they are doing the right thing. Integrity and credibility then are all you have when you are not reporting audited financials. Judging the EINI deal, for instance, is impossible with so little published quantitative information.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News