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Gold/Mining/Energy : Moreno Ventures Inc. (V.MRV was Penn Gold)

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To: rdww who wrote (56)2/22/1998 10:49:00 PM
From: Bill Jackson   of 72
 
rdww, I hear PNB has canned the dummy president and made him a director. His foolish stupidity caused this problem. There will be a 13:1 reverse split and new managers will come in. PNB will end up with under 1 million shares at $1, and will settle back a bit from there to say 75 cents and then do a lot better in a month or so.

Bill
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