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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Ed Hoftell who wrote (191)10/21/1997 9:56:00 PM
From: Ga Bard  Read Replies (2) of 7039
 
MDCE ... I talked to Mr Torres today and discovered the following items I think are of importance:

1.) The company receivable has grown from 5.5 Million to 13.8 Million with 8.3 Million coming in from ""Suleyman The Magnificent,". (Not bad for 30 days) Just on this alone the stock is worth $1.45 per share with 9.5 M and $3.06 per share if you consider the 4.2 Million in the float. Understand they get production fees up front. Profit from the movies come after the production is released. With a 250,000.00 in the bank and approx 10M on the 1st this puppy is becoming a viable stock.
2.) Financial Packages are also coming to conclusions for additional
millions to be coming into the company soon. Watch for news leases in the near future.
3.) Acquisition for a merchandising company is coming to a conclusion for their Market & Distribution arm. Please understand the merchandising sales is unbelievable for revenues in pictures so basically the merchandising will be in house..
4.) They are presently in negotiations with a production company for a 5 picture movie deal guaranteeing them theatrical releases. Joel Smith is presently negotiating this one.
5.) They are in negotiations presently with a PR firm that will paid in
cash and not own any company shares what so ever. Straight up business deal. Mr. Torres feels that shares issued to a PR firm can create a downside to investor investments and would be a bad move. I liked that myself.
6.) Looking for office space in Los Angeles presently to open an office. Expanding rapidly.

Even though I have only been talking about this stock for two weeks in is rapidly coming together. As I have stated previously, the sky is the limit and with the Prince traveling as we speak all over the world talking to people about financing packages, funding programs, and co-venture partners (another words excercising his political clout) I think you can start to see where Mr. Torres's stated pipedream of $400,000,000 in 5 years as posted earlier on BOBz site by Bob Hadley may actually be happening. That is an average of 80 Million per year and they just made 8.8 Million in the last 30 days plus smaller films in fees alones up front money. I wonder if Mr Torres knows more than he is telling. He was extremely upbeat and excited plus busy as a bee with all the negotiations and stated, 'Things are moving along better than even I had hoped for.'

I am trying not to tout or cheerlead this stock but it is clearly becoming
something to at least watch since it is lying on the floor. I shall keep
that exciting to myself. However, if you are looking to momentum trade PLEASE leave this on alone.

Thanks

GaBard
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