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: LegalBeast who wrote (4667)	10/11/1999 9:58:00 AM
From: Tim Davies	Read Replies (2) of 5541

the thing is , that tc allready said that mvee was undervalued .. and if in fact they want to have the full 50 million in assets brought into the merger thenthey will need an independant audit to convince the sec that the deal can go through.. this from the point of view of the eini stockholders.. i dont disagree withyour senario, its just that he did givea value of 50 million to mvee, and now needs it justified to prceed with the merger.. but the flip side is that your right in the revaluation and we will see more efective dilution via the reverse. while i swas in at .035 and .04 it still makes me think should i get in now just to prevent loss if your right.. or just walk .. the thing that gets me is the feeling that the resulting company will grow.. imo tim

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