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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: JEB who wrote (58)5/24/1998 12:08:00 AM
From: Due Diligence   of 8798
 
MIDL. Just couldn't resist.
Cya,
Jimbo

stockstowatch.com

Midland Inc. -MIDL-OTC
Last Trade 1.03
Bid .968 Ask 1.03
Volume 761,900
Vol. Avg. 72,100
Reletive Strength Rate 39.2
52 week High 1.50
52 week Low .182

2,575,217 Common ( 1.6M insiders / 975,217 Free trading. )
4,108,860 Dilution from Series A ( 117,396 ) 54K in MILDP Float
22,350,000 Dilution from Series B ( 149,000 issued to date )
----------
29,034,077 fully diluted common shares

Look at the real underlying reason the stock is appreciating. Major companies in the Oil and Gas industry are alway
looking for the competitive edge. Below a writeup received early from StocksToWatch.
------------------------------------------------------------------------------
StocksToWatch
We are releasing our June stock profile to you approximately one week early
this month. We have been following this Company for the past two months and
feel that it is a strong buyout candidate by a major Oil Company within the
next few weeks as letters are being sent back and forth between some real
players in the industry. We wanted to be able to update you immediately to
catch this before the world does.

Before we get started on this month's Exclusive Profile Report (EPR), let us
take the opportunity to wish you and yours a very Happy Memorial Day! Please
try to take some time this weekend to remember and be thankful for all the
valiant people who have ensured our Freedoms and Quality of Life over the
years. We owe them more than we can ever repay.

On to business at hand... Ironically, concerning Quality of Life, have you
ever been:

Concerned about our nation's reliance on foreign oil?
Concerned about your local fuel prices?
Concerned about our nation's water quality?
Concerned about the life expectancy of your car ?

Well hold on to your seat, because we found a Company in our June stock
profile that resolves all of these issues and in the process can become a
$75.00 stock. Best of all, it is at roughly a $1.00 a share. Every Company
that we look at is chosen based on its ability to generate a long term growth
and exit for the investor, whether it be a buyout, consolidation, or rapid
share appreciation.

Well, strap on your headset, Captain, 'cause here comes the big one."....

We have found for you, our Preferred Subscriber the ideal growth candidate
with a mid term buyout potential. We believe this Company will lead toward 4
digit returns to early investors. And by our track record, we believe we have
found the mecca for technology and practical association. Our June pick is a
company that has the WorldWide Rights and Patents to a process that converts
corn, wheat, and other easily farmed products into an additive, that when
mixed with conventional gasoline components, produces High Performance Motor
Fuel! This new additive increases the octane rating, burns more thoroughly and cleaner, complies with all the Clean Air
Act Standards, does not pollute ground water, and does it for considerably less than conventional methods and
conventional products. It also takes just a fraction of the normal expense to build the necessary plants to process this
additive!

Sound interesting? Well, read on, 'because this is an opportunity not too
miss, and it only gets better! Let's talk a little about the fuel industry
and its relationship to local events, so that you can visualize the huge
advantage that our June pick has.

The current Industry Standard for a fuel additive is a chemical compound
called MTBE (Methyl Tertiary Butyl Ether..whew! Even SOUNDS like nasty stuff).
MTBE has fallen under massive attack by regulatory agencies and environmental
groups. Several states have already completely banned the use of MTBE, while
other states are currently struggling with use and regulation of the chemical.

MTBE has been found in the drinking water supply wells for the city of Santa
Monica, California in such high concentrations that the city has had to shut
down all its wells and is currently TRUCKING fresh water in from Los Angeles!
MTBE is also showing up in several other municipal water supply wells, irrigation wells and ground water monitoring
wells. A recent report by the U.S. Geological Survey noted detectable MTBE concentrations in 27% of the shallow wells
sampled around the country. MTBE has also been found in drinking water systems in several Northern States where
MTBE has been used as either an octane booster or an oxygenate in gasoline. More sampling of drinking water
supplies and ground water monitoring wells is planned to check specifically for MTBE, and it is expected that its
occurrence in ground water will be widespread around the areas it has been used.

All this concern centers on the fact that when MTBE is not completely
combusted, it forms formaldehyde - a cancer-causing chemical used in embalming fluid..Will you let your kids or family
drink the water knowing this ??? Not a good thing to have in the water table...

Under the same conditions, this new product produces a relatively benign
chemical which is also produced in your own body as it metabolizes that glass
of wine you had with supper or that beer you enjoyed during that ball game!

StocksToWatch.com is pleased and proud to offer for your Investment
Consideration, the unlimited growth stock potential of:

Arcon Energy, Inc.
15303 Dallas Parkway, Suite 210
Dallas, Texas 75248
(972) 991-3200 fax (972)991-3295
WebSite: www.ArconLtd.com

Arcon Energy, Inc. is a Wholly-owned subsidiary company of Midland, Inc. The
Company trades under the symbol MIDL and they trade on the Nasdaq OTC Bulletin Board.

Let us first address MIDL and how Arcon became a part of this Company. Midland
acquired Arcon in a transaction which is known as a Reverse Merger. In effect,
the Corporation known as Midland no longer exists and, to that end, all of the
historical filings have nothing to do with Arcon. Arcon is in the process of
changing the Midland name to Arcon. This is now a brand new company. The real
benefit to MIDL and only strings that came with the merge is that the old
shareholders of MIDL get a huge opportunity.

There are three symbols that trade for ARCON (MIDL). The symbols that trade
are MIDL, a common stock trading at roughly a $1.00. MIDLW, warrants trading
at $.44 (these are exerciseable at any time for the trading price plus $.50
cents). MIDLP, a Preferred stock closed at $30.00 (these are convertible in
October 1998 for thirty five shares of free trading common for every one share
of MIDLP)(The P shares announced a 50% stock dividend to all holders of record
as of May 29, 1998). Therefore, if you own 10 shares of P, you will get an
additional 5 FREE. This stock has it all: Warrants for the experienced
investor, Preferred for the long term investor and Common for the growth
investor.

WE BELIEVE THAT THE COMMON STOCK IS THE BEST PLAY FOR SUBSCRIBERS OF STOCKSTOWATCH.COM

Arcon's revolutionary-process product is named DF- 144. The DF stands for
Dynamic Fuel, as this additive increases the octane rating of the fuel up to
168 octane! This pretty well smokes the competition! The beauty of it though,
is that by using DF-144, your fuel DOESN'T smoke! Decreased emissions are made possible by the more complete
burn of the fuel when using DF-144! Basically, your engine is vaporizing alcohol instead of incinerating chemicals!

DF-144 is processed from ethanol, a renewable fuel made from corn, wheat, and
sugar cane, which has gained universal acceptance in the search for a fuel
source that was easier on the environment, but still capable of powering today's motor vehicles, aircraft and ships.

DF-144, when blended with gasoline components, produces an environmentally
friendly motor fuel with better combustion, better mileage and less harmful
emissions than the competition! Plus, since it is used as a "blended" fuel, it
is eligible for a 5.4 cent per gallon rebate from the Federal Government!
Plus, it only takes 5% of the capital to produce DF-144 as it does to produce
the competing products! Plus, Arcon owns the WorldWide Rights and Patents to
the process!

Did you hear opportunity knocking ??? If not check your pulse.

This news is going to turn the fuel industry upside-down! Arcon announced
Friday that it has signed contracts with Exxon for further study and testing
of the DF-144 process! We knew it was only a matter of time, and thus are
sending this release out to you a week early.

Friends and Subscribers, this one looks like it could be "The Right Place At
The Right Time" kind of a situation.

We invite you to visit our website at www.StocksToWatch.com to fully check out
this new opportunity. We also urge you to visit Arcon's website, which we have
conveniently provided links for on our STW site, along with other tools to aid
in your research.

MIDL rose .34 cents Friday to close at $1.03 on the Exxon news. We feel that
this is just the start for MIDL, but like most things, the earlier you catch
on, the longer you get to enjoy.

Just think of the possibilities brought about by having the ownership rights
to a process that everyone in the world is going to need.. Invent a Better
MouseTrap and the world will beat a path to your door.. But produce a cleaner-
burning, safer, less expensive, better performing gasoline, and you' re in The
Driver's Seat!

Do you want to drive your financial future or just hitch a ride...??

This is one opportunity where timing will be everything. Don't sit the bench.
Take advantage of the long weekend to be thankful to our veterans and study up
on MIDL (which we have linked through our site at www.stockstowatch.com). You
will be glad you did.

As always, it is our job to find these opportunities, it is your job to
investigate them to see if they fit with your financial objectives. We believe
MIDL is a play for everyone with very minimized downside. Check out this
opportunity for yourself and see if it looks as great to you as it does to us
at www.StocksToWatch.com.
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