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: CrazyTrain who wrote (4258)	8/17/1999 8:20:00 PM
From: Leroyt	Read Replies (1) of 5541

I just relistened to the CC. What TC said is that the company has projects going now with financing between $40-50 million. These are NOT company assets but value of projects. You could easily value the company at least 2x sales + value of EINI. Call that 3x sales so the company should be worth about 2-4 times EINI with present information. NOW, to value the company that high, we will need to have financials which will be provided to us when we see the proxy for the merger. Financials must be finished for consideration of the proxy. I intend to vote for that merger. In the past, I really tended against the merger. later and long on MVEE/EINI, leroyt BTW, the company name assuming the merger is approved will be Miracle Entertainment, symbol: MVEE.

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