Mountain Energy (MTEI) Message Board

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Microcap & Penny Stocks : Mountain Energy (MTEI)

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To: jhild who wrote (5)	6/10/1998 11:27:00 PM
From: EubieV	Read Replies (1) of 95

BOOK VALUE $2.85, with more to come! Mountain Energy owns and controls the mineral rights in West Virginia that contain approximately 1.98 billion cubic feet of gas and 10,000,000 tons of coal, as well as other properties that all combined, have an estimated fair market value in excess of $200,000,000 with approximately 70,000,000 shares outstanding after the acquisition. This translates to approximately $2.85 per share. The paperwork will be filed immediately to change the corporate name to Mountain Energy, Inc. Mr. Jack Uselton has been named Chairman and Chief Executive Officer.

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