Miracle Entertainment - MVEE Message Board

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Microcap & Penny Stocks : Miracle Entertainment - MVEE

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To: CrazyTrain who wrote ()	9/29/1999 5:23:00 PM
From: Mark McNew	Read Replies (1) of 526

Notes from Conference call... The conference call will be a regular event about every 6-8 weeks. Several important pints will be released by PR in the morning. The merger is going forward. The audit of MVEE is complete and the audit of EINI is nearly complete. Proxy statements with the results of the audits will be sent out very soon. The merger is expected in the next 30-45 days, 90 outside. If there is any delay we will be notified. The Golan lawsuit does not affect the merger in any way. A counter suit is being filed. The Golan lawsuit is considered frivolous and without merit. Market cap is between 8 and 11 million currently. Assets are worst case 25 million and believed to be closer to 40-50 million. These are 1st Miracle only and do not include EINI. Institutional investors are ready and waiting proper filing status. New shares have been issued. Very few, above market price, and they are not being traded yet. No change in JCVD's position or value, due to the DD charges. No chance of bankruptcy. Company is in good shape financially. No debt. All NASDAQ qualifications are met except stock price. NASDAQ application will be filed at the time of the merger. Universal Soldier has reached its recoupment level. No exact figures were given. No convertible debentures! EINI subcribers have increased from 14 per day to 140 per day. Revenues have increased 6X in the last 6 months, operating costs have gone down 60%. Cash flow is positive. SJ will receive limited theatrical release through Reagent Entertainment. Further informatin in PR. Alicia's Book has signed Martha Coolidge as director. ONe of the top 4 women directors. Further information at us.imdb.com Mark

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