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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00430+79.2%Dec 17 1:29 PM EST

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To: Moonglow who wrote (2369)6/20/1998 4:43:00 PM
From: jhild  Read Replies (1) of 11684
 
Well then let's look at that analysis. First I want to say right off that I think the assertion that the assets are worth $200M is a bogus assumption. There is no evidence of this being a fact. None at all but a reference in a company press release.

But accepting this as a number to work from, you actually mean they didn't pay anything? Are there any more like you on that planet you come from. Have I got some deals for you.

What they paid, if you bother to think about it, is that they left 20M shares in someone else's hands. They let go 28.6% of their assets to get where they are? So you are telling me that this is a fair wash because they are going to withdraw this comparable value in salaries and expenses. And this is ok with you? These guys are worth $57M in salaries and bennies, if their numbers are correct, and that's ok? Yikes, Compensation Committee to the Corporate Counsel's office, stat.
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