MDI Entertainment (MDIH) Message Board

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Microcap & Penny Stocks : MDI Entertainment (MDIH)

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To: MDIH-Fan who wrote (558)	4/21/2000 9:03:00 PM
From: MDIH-Fan	Read Replies (1) of 563

Final update before the closing of the merger: MDIH will announce the closing of the private placement before Wed. of next week.The private placement and the merger will close within seconds of each other.The private will be done for 20-30 million dollars at or above 8 dollars.MDIH left millions on the table because of a few events that happened over the last few weeks(major good news)Had nothing to do with the stock market!The company has major deals on the table.A few of them have been posted on RB.All MDIH had to raise was 10 million at 8 bucks to close the deal.The deal is stronger than ever but the money vs share dilution wasn't needed at this time. The big picture will be explained in the near future.We will find out about the Camelot bid in early June. The RB post are getting some info.Thanks for the help of some Elot people who are also doing alot of DD.One word of caution to them.That deal that just went bye-bye(I truly dont know anything about the company they were buying)is the third deal that Elot has lost over the last few months!Don't be surprised to see MDIH snatch up all these companies in the future for stock.If it has some value.MDIH will be able to shop because of cash and a high stock price. Last I want to talk about the people on RB that keep making fun of the price targets by Redemtion.Let me just tell you this.When the Bear Stearns report was written a few months ago MDIH was a nobody.Bear Stearns is aware of the merger!Also the 30-40 dollar price is on the low side Back in Dec. 1999 I posted a 15 dollar target in March I heard a lot of no ways.I guess I was right!I feel that MDIH-Lottery.com will be over 100 dollars by the end of this year.If you use the 80 dollar target of ELOT and ELOT has twice as many shares outstanding.Plus the team that MDIH will be a part of.I will go into detail in the near future of why 100$ but I will leave you with that.Good luck NASDAQ LISTING ON THE WAY!!!!!!!It would be great to see them happen within a week of each other! Let me explain something very quickly.What Elot is trying to do is a big joke in the lottery industry.Elot is getting contracts to be the solo seller of tickets.What MDIH is all about is the open systems.Let hundreds of websites sell tickets.MDIH will also have a B-B business.How stupid would an author of a book only sell it on Amazon.com.Would be stupid!Millions of sales would never happen!MDIH is a Ebay on training wheels!

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