ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00400

-14.9%

Nov 18 9:31 AM EST

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To: Tod C who wrote (2633)	5/25/1998 11:57:00 AM
From: hoffy	Read Replies (2) of 11850

I am thinking of getting back into ICVI if it dips any further but I have one question that concerns me. The Properties of ME were valued at $200,000,000 and hence they said with 70,000,000 shares the stock is worth close to $3. How did they come up with the $200,000,000 figure? Is that what all of the resources would be worth if they can get them out of the ground? And who valued the resources at $200,000,000. (oops, that's 2 questions)

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