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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00430+79.2%Dec 17 1:29 PM EST

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To: Janice Shell who wrote (7919)8/6/1998 10:50:00 AM
From: Bird  Read Replies (1) of 11684
 
Janice Shell wrote:
>Was management misrepresenting the value of the company to shareholders and >potential shareholders? That's part of what the SEC wants to know.

The press release could be construed to pertain to
the agreement with the real estate broker to PROVIDE
hydrocarbon ground containing at least $200 million
in reserves. This meaning that if the reserve studies
done by Dunn reveal less than that, more land will be
added until the 200 million is reached.
The court would then assume that the release was not
constrained by time in its inference to assets.

Regards,
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