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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (27172)2/12/2000 2:50:00 PM
From: Theo  Read Replies (1) of 150070
 
Jim,

I know you bailed from MGHC, and as much as I hate to admit it, I'm still in it. It is, however, the ONLY pink I own<g>

But, I'm curious. A poster on RB claims that another company (MLS Niphix) a few months back supposedly bought out a %70 stake in MGHC looking for a clean shell. Speculating now whether Niphix let MGHC go pink to pick up the remaining shares on the cheap. Several RB "oldtimers" state they received the same letter of solicitation from MGHC several months ago to sell their stock in return for shares of MLS Nipix. They refused, the deal was cancelled or so they thought. Now this surfaces. Interesting I'd say.

ragingbull.com
ragingbull.com
I admit not doing any DD as this was/is just a "shell play" for me. But, I was wondering if you had come across any rumors of this scenario in your travels?? TIA

Theo;-)
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