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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.004300.0%Dec 17 1:29 PM EST
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To: Beantown who wrote (9587)8/21/1998 1:06:00 PM
From: CoffeePot  Read Replies (2) of 11684
 
Has anyone asked Jack where the extra 22,000,0000(approx) shares came from? If I remember correctly at the time of the merger ICVI had approx 18mm shares OS with an additional 50mm restricted after the merger. So sometime in the past few months MTEI issued a ton of new stock, depending on when this stock was sold MTEI could have raised a nice little bundle of cash, after all Jack and his little cohort had to get paid somehow..........
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