ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00240

-48.9%

Nov 3 10:00 AM EST

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To: Janice Shell who wrote (11311)	6/10/1998 1:11:00 PM
From: eric deaver	Read Replies (1) of 11850

In-ground assets are only worth money if 1) they are sold, or 2) they are mined. I suppose that true - although the IRS may not think so :) <<and to say that something is a "half-billion dollar company" implies, as I see it, that the company in question has revenues in excess of half a million dollars.>> Not to me. I do not consider book value, revenues, earnings or any other accounting term to mean the same thing simply because it is a financial term. Review the thread - it has been clear to most everybody that we have been discussing book value for this company. Eric

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