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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: vanilla ice who wrote (1247)9/18/1998 10:45:00 PM
From: Suzanne Newsome  Read Replies (1) of 5541
 
vanilla, I was told by Jeffrey Volk that the company would be reporting in December. Capitalism posted some time ago that the company would be reporting in September. In one of the #900 posts (see index), Jeffrey Volk told someone that the company was just about to make an announcement about SEC reporting. Do we see a pattern? In my opinion there are 2 very important issues here. If management expects people to invest their hard-earned cash in 1st Miracle, is it not reasonable for the company to fully disclose their financial situation? After all, <<thousands>> of public companies do this. It's even going to required by law of all publicly traded companies soon. Secondly, the company is perhaps setting a very bad precedent by failing to follow through on an action that is totally under their control. This may become a credibility issue. I will put up with some of Jeffrey Volk's "I don't know's" and obfuscations, but NOT on this issue. Regards, Suzanne
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