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

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To: Leroyt who wrote (1432)10/22/1998 7:16:00 PM
From: zookeeper  Read Replies (1) of 5541
 
Major financing deals and sold products are what will drive this business, not minor cash on hand. If the company needed the cash to complete the current projects, or to pay the rent in between projects, or to start and complete another project, then of course, that's priority #1. I've been explicitly told, however, that none of those are the case (therefore implying that they don't, in fact, have anywhere else to invest the money right now). Exposure to the film markets and to Wall St. will make the product sales and financing deals happen. We have the film market exposure coming up, and Wall St. attention at the same time could combine to get things going.
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