MTEI - Mountain Energy - No BASHING Allowed Message Board

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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed

MTEI 0.00240

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Nov 3 10:00 AM EST

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To: V$gas.Com who wrote (5259)	7/14/1998 10:26:00 PM
From: V$gas.Com	Read Replies (4) of 11684

Question: Do they (MTEI) have arrangements with banks for equipment financing, credit, etc. MTEI's answer: Commercial banking investors, domestic and foreign, have requested discussions with us and we have entered into some preliminary discussions. Institutional lenders have asked to join us. please note that this sort of finance is case specific and will be addressed as such. As of this moment, we do not have a specific need. we anticipate such a need in the future and are confident that resources will be at our disposal. Debt management costs money on a time usuage basis. We prefer not to institute debt service prior to actual need. Specifics will be announced when we do enter into sourcing contracts.

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