MTEI - Mountain Energy - No BASHING Allowed Message Board

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

MTEI 0.00400

-14.9%

Nov 18 9:31 AM EST

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To: J.F.K. who wrote (7007)	7/30/1998 8:40:00 AM
From: Alastair McIntosh	Read Replies (4) of 11684

To the Thread: Two posters here have confirmed that a 15c2-11 is required. If this is the case forget about trading in two weeks. The SEC imposed trading halt will expire but this does not mean that MTEI can trade. You are most certainly looking at a period of months or more before MTEI can find a market maker to sign a 15c2-11. MTEI may never trade again. The MM will require audited financial statements. Any idea how long that will take? In order to evaluate coal, oil and gas reserves an independent professional report of its properties is required. If there are valuation questions to be resolved this will also be a requirement. By the way did anyone view the dumping of Stagg as a red flag? Was it for the reasons stated or is it possible that the information coming out was not what MTEI wanted to hear? (Pure speculation on my part?) Al

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