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 (4248)	8/17/1999 7:09:00 PM
From: CrazyTrain	Read Replies (3) of 5541

I listened to the whole CC (almost an hour long) and here are the things that impressed me the most. Disclaimer: I took notes and I am trying to give a detailed account of the things that impressed me, but I may not have understood or copied everything correctly so be sure to check with MVEE to verify accuracy before making any business decisions. Please correct me if you find any mistakes. Tony was very candid about his experience in the movie industry (none). He then outlined his other experiences (like running an Internet company way back in 1988). MVEE is currently working on twelve projects (six which have not been mentioned to the public). Releases - (Status) "Speedway Junky" - sounded close to a deal. Three competing buyers, it only cost $1.9 to make, Theatrical Release. "We will make money on it". "Grizzly Mountain" - generating income from video sales. "Escape from Grizzly Mountain" - Could go to TV (and maybe a TV series) before video. "After Sex" - Romantic comedy with Brooke Shields. Movie is completed and will be on the "festival" circuit. Foreign pre sales paid for production (Tony said that this is the model of financing that he likes the best). "Andrew Dice Clay" - Completed. Possible cable release. "Held for Ransom" & "They never came home" "Alicia's Book" - Director Pinkus Perry "Universal Soldier II, The Return" - Opens in US on Friday, Partnership with Jean-Claude Van Damme and Long Road Productions. No mention of "Delta Force One" (I'm speculating that G&G might have kept it as part of their departure arrangement). Lots of talk about changes in the industry and the opportunities that the Internet provides for marketing movies (references to the "Blair Witch Project") Sports figures like Michael Jordan make much more than top actors because they become part owners and that is what MVEE wants to do (partner with major actors, actresses and producers). Also mentioned that the "big" companies charge 20 million for P&A (Printing & Ads) . They buy large blocks in advance and pay only 1/7 of that (keeping 6/7 for profit) and that we can do web marketing for much less (three million) plus our own P&A. Tony said that they want to be able to announce deals that will appreciate the stock price and not so much "talk" about future projects in PR's. Merging with EINI will make the "new" MVEE a US Corporation and they will also become fully reporting at the same time. If shareholders don't approve the merger (Tony thinks they will), MVEE will file to become a fully reporting US company. Two companies will complement each other as castnet (and producernet, and writernet) can help provide talent for MVEE projects and Internet marketing of the movies and MVEE will provide content that can be marketed (and in the future broadcast) over the Internet. The combined companies would be called "Miracle Entertainment" and copyrights and trademark names have already been secured. Combined MVEE & EINI will have everything needed to become listed on the NASDAQ -except the share price requirement (about 50 million Outstanding Shares). Tony thinks the share price is grossly undervalued (in multiples) and that depending on the way our accountants value certain assets combined companies are worth 40-50 million right now (both MVEE and EINI are debt free). The way films were financed in the past (before Tony) with convertible debentures is over. Said that all convertible debentures have been exercised. There will be no more share dilution (although they failed to mention what the total current outstanding shares add up to).

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