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Microcap & Penny Stocks : Active OTC stocks
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To: Mel Viticus who wrote (758)7/10/1998 11:13:00 AM
From: Rock_nj   of 1058
 
MPTV #1 on OTC Most Active List (see below for info):

MPTV should be a winner in the short and long term, here's why...

News should be out by next Wednesday. The deal with MPTV is
that they have been dealing with a disgruntled investor who tried
to force them into bankruptcy to gain control of their Las Vegas
property (reportedly worth over $100 Million). After a year of
wrangling, MPTV finally won in court against the investor. They
are in the process of gaining title to the property (that's what the
long awaited news release is supposed to be about). Once they
have title to the property, they plan on being back in the business
of selling timeshares within weeks. The property is located on
Tropicana Avenue near the Vegas strip and major casinos like the
MGM Grand (5 minute walk is what eyewitnesses have said). To
see where it is located, check out this link:

lasvegas.com.

Apparently, the property is 90% developed (although a good
portion of the units still need to be renavated to bring them up to
timeshare standards). Once MPTV is back in business and
receiving money from their Vegas property, they are expected to
begin developing other properties that they have interests in Reno,
Palm Springs and Hawaii. A number of positive press releases
are expected over the next few months concerning these ventures.

For more info call MPTV's investor relations person (Neil) at:
702-437-4403

Or check out the MPTV SI thread at:
Subject 11448
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