MIDL .... A Real Sleeper Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Triffin who wrote (845)	6/17/1998 8:51:00 PM
From: Shawn Springer	Read Replies (2) of 7039

Maybe I missed it, in the hundreds of posts... It appears to me that while Dan Fisher screwed the company out of it's current funds, John Spriggs has taken its' future. How can he (as President) take the one asset of the company that has any value (and the reason that many of us invested - stock structures not withstanding), and simply declare it "reversed", null and void and walk away with it??? It would seem that there would be substantial legal prohibtions against such activities. It certainly appeared that Midland "controlled" DF144 as a result of the merger. How does reversing the merger help any MIDL stockholder?? The reasoning of "Cleaning the corporate shell" doesn't make a lot of sense - eliminating the key asset in order to go after a crook? If any of you can explain why this makes sense, it would be very appreciative. Otherwise, it seems that the shareholders should band together and discuss legal options regarding John Spriggs and the board.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next