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

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To: Dave Bissett who wrote (1552)6/27/1998 5:08:00 PM
From: Ga Bard  Read Replies (3) of 7039
 
Well I got emotional when I traded the first six months 1-97 / 6-97and lost 66% of my investment ... I then got involved with another stock and I was emotional then but I felt comfortable it the one person that was intelligent, honest, and using common sense. I listened carefully to his logic and common sense but he was emotional at times on close friends betraying and using him (which in calming him down to not trade on emotions I learned from my advise). I am harsh on purpose because I could care less about a following and I deal with the facts I can verify. I speculate based on those facts but I am learning not even to do that.

I deseminate those facts on line and in e-mail. I stand accountable for those posts knowing the SEC and others agencies are monitoring these threads. Now based on that I keep files on stocks and the people on line. SO in my second six month 6-97 to 12-97 I changed again as I became more cognizant of this bizarre world and the greed within it. No more hype or tying not to. be man enough to correct my mistakes and deal with facts. If it is not in writing it does not exist; if it is slander or accusation to another and cannot be proved keep my mouth shut (However always consider naysayers messages).

This attempt at discrediting me is fine with me because people should not trsut anyone as I have always stated,. However do you not find it amazing that people who say they do not trust suddenly are trusting the naysayers. LOL I learn from every stock that people are going to be people and trust whomever they feel will get them the best results.

Here I am approaching my next level. I have had some bad picks based on bad tips, information trust whatever. No one is going to have good picks all the time especially when looking for a new long. Now I try to keep facts straight and try to prove everything I can and verify as much as possible with the help of others at their convience and I do not ask for people to help I just let it happen. This stock has been Researched and verified till is was ridiculous but no DD is going to discover a what someone with a plan to steal is doing.

More and more investors of the real world and on line people that are researchers are beginning to contribute. As long as people have fear/greed and all the emotions that go with it there is going to be verbal wars on what the facts are.

The facts on this stock are straight forward and have been proven to point it is absurd. Now that Dan and his affiliates are caught people are going in with hindsight to now question everything with the assistance of possible affiliates of Dan and that will come out soon enough also. The board is now questioned and the blame. I do not whine and I have 4 losers I got from others (friends and I have done some DD and I do not like what I am finding) but I am not slamming them though they are me. I made the trade and it ricocheted. I am not going whing to them about it either. Not going to accuse them of wrong doing or any of that mess.

The facts are:

1.) I have owned and accumulated this stock since September as a long.
2.) In January ARCON came on board after providing a due diligence, financials and closed on the terms of the aquistion (which I refer to as a reverse merger because Arcon was suppose to take over control of the public company)
3.) I flew out to Dallas and did my DD which I willing shared on line.
4.) I have not at any time taken anything from MIDL in compensation, money, stocks, or even gifts of any nature.
5.) Any remarks I could not verify I have made a correction.
6.) Because of my previous getting nailed on one particular stock I do not believe companies completely and verify everything I can.
7.) By assisting the company in anyway I could I have phone numbers and personal information of many people for cross verification. (that is DD results from which which lead to Dan Fisher getting discovered)
8.) Upon notifying the secretary of the converting comment posed to me because no where in the SEC filings does it say B could be converted to A I merely raisied a question oon that comment and the huge number outstanding from the TA.
9.) Pestering hourly for days for an answer / I and others who I appreciate were on conference calls never received a solid answer until suddenly stop transfers were in place.
10.) Suddenly Dan has moved out of his home and gone on vacation upon which he has not returned.
11.) Mark discovers a ton of problems with everything concerning the stock and company business from what started as misappropriations to embezzlement.
12.) John Spriggs seeing this evidence resigns to clear up some paper work on what he has that he wants to do a deal with MIDL on.
13.) The mass effort to distort the facts and cause people to settle their complaints by selling their stock.
14.) Accussations by well placed misinformation to distract from the facts.
15.) DF-144 is real based on everything verified.
16.) Stop transfers are the SEC and company's way to halt the trading with out nailing the shareholders but only those involved with the SEC Rule 144 violation.
17.) Those involved with those violations cannot get any money because selling and then covering that money would be considered "free riding" which is a violation of SEC rules.
18.) We all are waiting for the legal process to get to where the stop transfers are effective and those shares sold against the shareholders buying in are rebought in the open market. (NO SETTLEMENT!!!)
19.) No settlement can be done because the stop transfer are to protect the shareholders of wrong doing.

Now all this garbage floating around to upset people is to get them emotional and thus cause fear. Some people want people to worry and thus stimulate fear. This is why I volunteered for the IR because no IR could state the facts and keep them on track and since I have folders of DD, phone notes, faxes, etc etc. I to me seemed like the logical choice. I do not fear anyone on line or off and know most of the ones to expect and very much prepared to do verbal war with them. I have sent my trading logs and portfolio to some to prove my integrity, I have placed myself in harm's way doing all this, I have retain an attorney for anyone that wants to prove the accusations I was involved somehow in anything illegal, or a wrong doing what so ever, I have and will continue to be here until I am shut down and try to keep the facts straight.

Simply until John comes on board we do not have DF-144 but John is negotiating with Midland. Stop transfers are in place and not going to be lifted, only a judge or Mark Pierce can lift them. Negotiations that were on the table are in negotiations for an acquistion as soon and Mark can get this mess cleared up.

Now we can cry over what could, or should, or would but all we have is that. Nothing more nothing less. Only Dan and his affiliates are the ones that have to account. I have to apologize to everyone but I had no idea pestering Mark that he was going to discover what he did which caused all this. As time marches on and no news or status report the accussations will get wilder and more profound. I will be the center of those attacks and I do have a lot of on line enemies because of the way I am and have been and will be.

I do not want sheep following me nor people who can't at least verify something as to why they put their money into a stock. Nor do I want whiners, people who can be manipulated off the facts, nor people that do not possess some experience in trading on the market.

Now that is the bottomline and to whine about anything that may or may not exist in a stock is BS. I do not cry about making an investment because someone told me to buy and I did. I deal with the facts and that is all I can do.

I do not take this personal until a down right lie is directed at me and I will address it immediately. I will want the proof of the accusation.

Now that is my story and that is all there is to this stock regardless of what others are trying to prove to get someone to cast blame on thus distracting from the stop trnasfers and Dan AND his affiliates.. every wonder why some only stay in PM and never post on the open board. Each new addition to SI is making it easier and easier for some to do what they got to do. That is why I post if I am being wrong then by george an agency will nail my butt. Not some fool listening to the voices of those out to rip people off. As the rodents come out of the wood I do expect maybe this next week is going to get really interesting.

GB
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