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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.002400.0%Nov 7 9:30 AM EST

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To: Janice Shell who wrote (914)6/14/1998 2:39:00 PM
From: Dixie7777  Read Replies (2) of 11684
 
i don't believe the "properties" are in a "public corporation." It was told to me that MTEI has ONLY the mineral rights to the properties.

i would then believe that the deed's to the properties are still in the hands of the monied "investors" that coincidentally are owners of the 50 or so million shares of RESTRICTED stock.

That in fact appears to be their incentive to grant the mineral rughts to MTEI, and why we will probably NOT see any transfer of cash for those mineral rights. the land is still owned by the investors and or a company they own, IMO.

rich
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