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: Gregory Che who wrote (4829)	11/19/1999 3:13:00 PM
From: LC5683	of 5541

Hi, I'm a newbie to this board. I accidently found it and glad I did. To pick up a million shares of a company for under $4k seemed like a worth while gamble. One of many problems is what you (Gregory) have mentioned. If they go for a reverse split, we not only loose the leverage of having a ton of shares, but it gives the stock more opportunity to drop, i.e. a one for one hundred reverse split on a million shares would give you 10,000 shares at around 40 cents a share. There is a lot of room to drop there as opposed to where it is now. Also, does anyone have more details on the merger. I thought I had read that the surviving symbol for the companies was still going to be MVEE. Any other insights would be helpful. Thanks. Larry

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