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Microcap & Penny Stocks : MEGALITH CP (MEGH)
MEGH 0.000200+100.0%Oct 3 3:13 PM EST

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To: Ga Bard who wrote (53)4/29/1998 2:30:00 AM
From: Sojourner Smith  Read Replies (2) of 430
 
I have talked to the investment bank involved with MEGH.
Also to former employees (consultants in the elevator business)
in the Fort Worth area. Also lawyers involved.
ESCO which was under MEGH had a good reputation but
was brought to its current mess do to management mistakes
or was it scams?
The conversation with the bank was most interesting. They
are an Islamic financial institution. They made a comment about a
rumor about Mitsubishi buying them out. I was asked the price
I bought my shares and was told I should double or so. However,
they were not playing all thier cards. Hey I am just an amatuer
at talking to investment bankers.
Gary is right this could be a dud. However this is different than anything I have seen before. There is a mystery here..... Not do be do be do, it is more like dum de dum dum.
Could be scam or could be something big.
By the way I tried calling Mitsubishi elevator factory in Thailand
today, and they had no-one who could speak English so that
is a wild rumor that I couldn't put to bed.

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