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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: canon ball who wrote (9622)8/24/1998 2:47:00 AM
From: LT  Read Replies (1) of 11684
 
good morning all ,excuse me, how could Tow take back land that was sold for stock ,and cash,when there had to be a deed transfer

The contracts very likely had a clause on "stock performance". Also we don't know how the land was transferred. A Land contract, for example, can forfeit in 30 days, based on non payment, in many jurisdictions. Only an idiot would sell land based on the transfer of a possibly worthless penny stock, with out a clause to fall back on.

Thats most likely what happened here.

LT

LT

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