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

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To: kbert who wrote (2327)2/11/1999 10:03:00 AM
From: Stephen Goldfarb  Read Replies (1) of 5541
 
I asked this question to the company. My understanding is that it is only a possibility. It is not definite. It is not imminent. It depends. My general understanding is that the factors that will influence the decision are whether the company gains excess cash above current needs, and whether the price of the shares remains at an "undervalued" level. If this comes to pass, it is still an open question about how many shares could be repurchased. I read this scenario as too indefinite with too many undetermined variables to rely on.

Steve
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