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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00240-48.9%Dec 5 1:24 PM EST
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To: Gary Clarke who wrote (6083)7/26/1998 9:22:00 PM
From: Taki  Read Replies (1) of 11684
 
To Jeff and Gary Clarke about the reverse split BS talk.
There is not going to be a reverse split you guys for a long time.
I know that is what you want, because you both out of the stock.
MTEI is a very fine company,but I could not believe that the
company got involve with this BS company ICVI,and more the big
crooks that run ICVI.
MTEI should had tried to go public on their own.
Now MR. Christensen made millions and millions of $$$$$ because
of MTEI.
Also Joe Gort made about 750000k from free stock and options he
had.
Look at Christensens record= loser in every company that he was
President.From the old TXBQ now EDII,to ICVI to MFRC to CVST.
Because of MTEI he won the lottery ticket this time.
He probably made 15000000mil.out of this deal.
As a president on these companies he had 0000 performance.
The easy way for him was to reverse split and change names every
month in the companies.
I still can not believe a company like MTEI got involve with ICVI
just to get listed on the BB.
I say these things because I know Christensen and Joe GORT.
They got lucky with this deal with MTEI and all of a sudden they are
famous.
They used to call up people to buy shares of BS ICVI just to stay alive
Every time they tell you to buy shares is because they wanted to sell.
They keep doing it with the other companies they get involve.
TXBQ was $6.00 with Christensen and GORT went down to .05
After they left the stock up to .80 now EDII.
ICVI ex LUMA from $10 to .025 and somehow lucky with MTEI and
got to survive and made fortune.
Now the ex ICVI to MFRC and now CVST.Three different names in
less than three months the stock was $3.25 two months ago and now
is .75
When they changed the name from MFRC to CVST not even an
announcement was made.
I hope Jack will try not to make the same in MTEI.
For me losers that do not have an alternative do reverse splits.
Many times the pretext of a reverse split is what they say because
to qualify for nasdaq.
If Jack does a reverse split now he will totally kill the investors.
That is why he is not planning to do one.
The MMs love reverse splits because they make fortune.
Lets say the stock sells for .25 and they announce reverse split.
The stock will be going down to .10 .
If the reverse split at .25 announced a 20 to 1, now at .10x20=$2.00
After the reverse split we will see within one month .50.
That is the worst way to kill the share holders and benefit the shorts.
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