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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Frank Fontaine who wrote (3890)8/17/1998 10:35:00 PM
From: Binder  Read Replies (4) of 7039
 
Frank,
Speaking of more productive territories, here we go...

I just got off a conference call with Gary and Mark Pierce. According to Mark, the final draft is complete for the acquisition. Chris is due in from Athens on Thursday night, and they hope to have the deal closed by the weekend. The delay, he said, was due to details that had to be worked out, mostly concerning flight and travel plans for Chris. He did not elaborate.

As far as the Bahamas goes, there is nothing to report, so maybe Dusty or Jim or somebody who communicates with Dan Fisher can help us there.

Mark reiterated to me on the phone that Gary has received no compensation of any kind, either in the form of cash, stock, private placement, or anything else.

He said he was still talking with John Spriggs, but did not elaborate on that either.

He said he is working very hard, and while he has done a lot, there is still a lot to be done.

When asked about the split shares, he said that those would be addressed in the near future.

Now, please, that is ALL THAT WAS SAID, and he SAID NO MORE. Please do not ask me a million questions, because that is ALL he had to say. Take it for what you will.

:-)
Binder
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