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: Stephen Goldfarb who wrote (4089)	8/9/1999 7:14:00 PM
From: Leroyt	Read Replies (1) of 5541

Steve, From the PR, the total O/S after the merger will be around 42 million shares ($36 million market cap / 0.843). With 50/50 to each company, that means that each company is coming in with around 20-22 million shares (about 250 mill for MVEE). While higher than I was "guessing" at 200 million, it's not far off. There were 8-9 million shares of EINI at the end of '98, but the recent LOC ($5.5 million) probably added around $10-12 million. This sounds about right for a stock trading at $1.00 or a little more. I understand this LOC is basically from one of Hadid's company and he's taken over. Tony Cataldo became President of Castnet to take a good look at the company before the merger. He liked what the saw and he sees HUGE potential for this company. I have been told that Hadid is co-chairman and Cataldo is both co-chairman and CEO. Looks to me like we only have one way to go: UP! Slow and steady price increases indicates ACCUMULATION. I was a buyer again today. best to all MVEE/EINI investors, leroyt

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