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Microcap & Penny Stocks : MGBA -- Mingo Bay

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To: Riley G who wrote (9)1/29/1998 3:37:00 PM
From: Riley G  Read Replies (1) of 50
 
MYRTLE BEACH, S.C., Dec. 17 /PRNewswire/ -- Mingo Bay Beverages, Inc.
(OTC Bulletin Board: MBGA) announces today that the Company is preparing to
take the necessary steps to become a reporting company in 1998. Mingo Bay
currently trades on the OTC Bulletin Board.
"In view of recent regulatory implications, the Board of Directors feel
that it is imperative that we become a reporting company," said Larry Moses,
President of Mingo Bay. "With all that we have implemented in 1997, it only
makes sense for Mingo Bay and our shareholders."
Mr. Moses further stated that the Company is contemplating filing a form
12-G registration upon completion of the audited financials. "The filing of
the 12-G is our first step into becoming a reporting company," said Mr. Moses.
Mingo Bay is a manufacturer and distributor of concentrated tea, coffee,
juice and bar mixes and trades on the OTC Bulletin Board as MGBA.
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