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: Leroyt who wrote (5363)	9/3/2000 10:11:47 PM
From: Walter Morton	Read Replies (2) of 5541

leroyt, on December 21, 1998 MVEE reported Revenue of $3.6 million with a loss of $309,885 and a loss per share of $.007. That works out to 44.3 million weighted average shares outstanding as of April 30, 1998. That was before Cataldo came on board. Peter Benz, Chairman of 1st Miracle Group, Inc., stated, "We are pleased to note that the revenues generated in 1998 were directly attributable to film projects completed and sold by our Magic Entertainment subsidiary, primarily "Grizzly Mountain." I guess you were right about share outstanding increasing by more than 4 times since Cataldo came on board.

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