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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00240-48.9%Nov 3 10:00 AM EST

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To: Tod C who wrote (1075)6/15/1998 9:41:00 AM
From: jhild  Read Replies (2) of 11684
 
Here is an interesting post that never got answered. John Christensen was right in the middle of this at the time. Do we have proof positive that he is no longer involved with MTEI? Even though NV state records say he is the President of record?

When you have some free time take a look at the 1996 financial statements of LumaNet. Then please explain to me where they are going to get the cash to run the business in 1997. Wouldn't you like to know who earned the $484,584 in salaries; who the $211,497 in contract personnel are and how $98,134 of T & E could be expended for a company with $132,476 of sales. There are over 25 million shares of stock outstanding. What will it take to earn even $.01 per share.

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