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: Walter Morton who wrote (4110)	8/10/1999 6:15:00 PM
From: LegalBeast	Read Replies (1) of 5541

Walter, we don't know how many shares exist for either company, nor do we know what the real value of those shares is. A lot of folks have posted a lot of numbers based on how THEY think that the numbers may work out. Clint has been equally worthless in this regard. Assume, however, that we take the press release at its face, what it appears MAY happen is that EINI will issue one share for every 12 shares of MVEE. The resultant will be a doubling of two things: 1) the number of EINI shares issued, and 2) the size of EINI. Then, after this is accomplished, EINI will change its symbol to MVEE and we will be trading the new EINI stock under the MVEE symbol. So, if the numbers indeed support the information in the PR, then in response to your question: "Doesn't that reduce the value of EINI by 50%?" The answer is NO, it does not. It makes EINI a larger company with more shares issued, but the real value of each share is the same as before. How the market will ultimately respond is a different issue alltogether and only time will tell on that one.

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