MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Binder who wrote (788)	6/17/1998 12:30:00 AM
From: Ga Bard	Read Replies (2) of 7039

OK I am back here to post about Midland since the Arcon reverse merger has been rescinded. PLease no questions about DF-144 or Arcon because neither is within this shell. They are negotiating on 4 deaf and a JV at the present to get shareholder value and equity back into this stock. Also all these notions of suing the MIDL shell is non productive. MIDL is a shell and did not make the news releases, individuals did. These individuals are liable for there news releases. If you want to start suing the MIDL shell then two things will happen ... 1.) They are a shell and there is nothing to be had. 2.) You will never get a private company to come into this publicly trading shell thus you get nothing at all. (Catch22). You have to remember MIDL and the shareholder are victims here. Dan was the CEO and his actions while in office or control has affected each and every part of this stock structure, paperwork and current events. I have told everyone this is a long term hold and I remember why I bought this shell to start with. The stock structure ... though we may not like it this stock structure is very attractive for a company wanting to go public. 1.) The Preferred Series "A" which is the "class" of stock that can definitely hold over a $5.00 bid that actually can qualify for a higher board with its float, price and all classes total market capitalization. 2.) The warrants are a way to increase the float of the small common and put money into the company with out them having to sell shares into the investor buying. This is the capital generating vessel. 3.) The common which is the basis for the entire structure. MIDL has now had to step in and clean up everything. MIDL in the mean time is handling the legal actions for us upon which Mark Pierce is working hard on the best interest of the company and the shareholders (all of which are victims) ... I do not know what else we could do other than what MIDL is doing. If you want to sue the MIDL shell I do not know what you expect to gain since there is nothing there. Also if MIDL gets an acquisition we have stock in it so I do not see the logic personally. They have made it known there are deals on the table and a JV of some nature in the news release. I talked to Mark and MIDL is moving right along with the legal actions being taken against Dan both here in the United States and the Bahamas. Also Mark is calling on the CUSIP application tomorrow so he can get the CUSIP and resolve the 3:2 split which Dan never applied for. They are diligently trying to clean up the mess that has caught everyone off guard. Mark thank me for pestering him which led to the stop transfers which stop this Dan dead in its tracks. Mark is also trying diligently to get an 8K out also as soon as possible. Also Mark is handling the warrants also ... I am not so inclined to think they are going to be able to clean it up over night. I realize they are just going to have to work through this mess. This is a harsh scenario right now but things will get cleaned up and we are going to have to let it run its course until then. Now I have stepped up exposing myself to everyone to buffer the surprise of no possible contact. I know that there is a lot of answers I do not have and I should not have. I am not privy to inside information and I do not work for the company. I am not going to spend a bunch of time answering questions on patents and all until they come back into the stock. I only know what I have been told and that is what I am conveying and nothing more. If I am doing wrong then I will have to face the music for my actions. Now that is the best I can do. I do not see where I am doing anything wrong .. I have not mislead anyone nor have I advised anyone to buy or sell nor have I tried to pump and dump nor have I done anything wrong and I am willing to stand accountable for my posts and so forth. I am just a private investor doing the best I can with what I got to help assist the company is this latest surprise. Even though my intentions may be in the right place Hades is fraught with good intentions. Selling is not an option for me at this point and time and I know emotions are high especially when bad news comes out. I believe the company is going to overcome this mess that appears to be based around one man basically. Now anyone that could have guessed what Dan was going to do I would sure like to who you are ... I caught Dan because of asking questions and not just to one person either. SO if you want to flame me then go ahead ... Gary PS I am sending this out in e-mail like I have done for a while because not everyone is privy to SI that own this stock.

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