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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: P.S.N. who wrote (2400)2/17/1999 9:59:00 AM
From: Micropicker  Read Replies (2) of 5541
 
100 million plus!

There are over a hundred million shares out there, and most are in the float. Yes, that's high, but at 6 cents, the market cap is only $6 million. What's Speedway Junky worth? What are the rumored movies worth? $6 million is cheap. Of course, many hands grab at every dollar that a movie takes in, but MVEE stock will get recognized once Speedway sells. The real hope isn't that MVEE will just sell movies one at a time, the big hope is for a $200 revolving credit line from a major studio. G-G have proven they can crank out more than a movie a month. A credit line would let them do it again. The hope is that one out of three is a big success, one out of three break even, and that the remaining one out of three don't fall flat on their faces.
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