MIDL .... A Real Sleeper Message Board

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

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To: Dusty who wrote (3994)	8/18/1998 7:40:00 PM
From: Ernest R. DeSaye Jr.	Read Replies (1) of 7039

Dusty, In response to your question about the acquistion of Arcon never being completed so when DF was named CEO was this just window dressing? The answer to that is no. Quite often when an acquistion takes place and as part of the deal new board members are to be installed, the board of directors often changes hands before the actual acquistion is final. A perfect example of this right now is POKR-AVIA. The deal was announced but the merger isn't complete yet but POKR's board of directors are in charge of AVIA right now. So no it wasn't window dressing DF was the CEO and was acting (or not acting) as such. IMO this is yet another result of the DF legacy that will sadly be with Midland for quite a while. Ernie

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