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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential

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To: ISOMAN who wrote (5391)12/1/1999 10:19:00 PM
From: RSH  Read Replies (1) of 5783
 
(.0065 X .0069) DIRECT FROM LAS VEGAS-POSITIVE INFORMATION ON MPTV

Hello all: I'm a longtime lurker, first time poster on this thread.
I've lived in Las Vegas for 10 years and I've visited the Lake Tropicana (MPTV) property many times.

I chose to remain silent until I received enough positive information to post with confidence. (Also, I wanted to delay posting until I had accumulated a comfortable amount of shares at these low levels).

Here is what I know to be true regarding MPTV.

1) I have spoken on the phone twice with Steve Wise. He is the Project Manager for the architectural design of the property. He is with JMA Architecture of Las Vegas. (702) 731-2033. He communicates directly with Ralph Mann of All Star Resorts. According to Steve, four (4) General Contractors are currently being interviewed for the MPTV Time-Share project in Las Vegas. It is his opinion that this project will begin in the very near future.

2) I have spoken and met with Claire and Gretchen in the Lake Tropicana office at 303 E. Harmon Ave. in Las Vegas. (702) 733-8383. Both of them have been involved with MPTV for many years and have been very cooperative and informative. I was informed that two weeks ago the property was crawling with many Contractors and Engineers inspecting the property in order to put in bids for the project. Both of them feel that this project is extremely close to being realized.

I'm not in the construction business, but I don't believe General Contractors and Engineers spend time on potential construction sites unless they are very interested in retaining the contract.

We cannot expect the General Contractor to be chosen overnight. There is much involved in determining which Contractor will be retained for the construction.

3) I also spoke with Greg Borgel (Zoning Consultant). (702)383-8953 extension #8953. He is the person responsible for MPTV receiving the zoning permits from Clark County in order to commence construction on the project. He didn't have an opinion on the project except to say that his duties concerning this project were completed and the permits were in place to begin construction.

MPTV is closer to breaking ground now than it has ever been. As soon as a General Contractor has been retained, we will see a news release.

I chose not to post on the Raging Bull thread because this post would get lost amongst the resident bashers on that thread.

If anyone wishes to paste this information on the Raging Bull thread, feel free to do so.

From the information I've received, I believe MPTV is poised for an incredible spike in price very soon.

Don't bail out now at these low levels. Now is the time to accumulate more shares before the imminent news release announcing that a General Contractor has been retained.

There's always risk involved in the purchase of any stock. My instincts as a longtime Las Vegas resident tell me that the rewards from MPTV will be well worth the risks.

Best of luck to all.

RSH

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