ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00240

0.0%

Dec 8 11:13 AM EST

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To: Dixie7777 who wrote ()	5/25/1998 11:04:00 PM
From: CoffeePot	Read Replies (7) of 11850

Oh is it really a .50 cent stock please tell me why and while your at it think these over a little 1. Why would ME allow 36% of it's "equity" to be lost to ICVI shareholders??? 2. If ME really does have assets worth 200mm why not borrow againt those assets and maintain 100% shareholder equity?? Might a banks probe be a little too deep for their comfort??? 3. Why not take ME public as an IPO, selling a 36% equity stake and raise lots of $$$ instead of giving it away to ICVI shareholders? The questions above are based on the ICVI/ME merger terms of 18mm shares of ICVI stock which will remain outstanding after the merger to ME's 50mm for a total of 68mm. 18/50= 36% or THE EQUITY ME SHAREHOLDERS WILL LOSE, now if ME was really worth anything WHY would they want to do that??

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