MMCI , Multimedia Concepts INTL Message Board

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Microcap & Penny Stocks : MMCI , Multimedia Concepts INTL

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To: KeepTahoeBlue who wrote (37)	3/19/1999 12:31:00 AM
From: Michael Paul Langley	Read Replies (3) of 134

MMCI IPO Jan 1996 920,000 shares offered at $5 per share along with 2 warrants for each share available for an additional $.15 per warrant (I couldn't find the strike price or the expiration date of the warrants). As recent as March 3, 1999 (2 weeks ago) stock was $.125 (1/8) for a total loss of 97.5% decrease from IPO price (incredible). Total volume on stock for all of 1999(excluding today) was 112,000 shares with that mostly occuring in 5 or 6 trading days (most days 0 volume occurred). MMCI ownership in PLCO alone should be worth about $1.50 or per share alone (PLCO about $10 mil market cap and MMCI owns around 50%) $5 mil/ $3 mil oustanding shares in MMCI ~ $1.67 per share value of their PLCO investment (at current prices).

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