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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Dusty who wrote (5569)4/26/1999 12:09:00 AM
From: Binder  Read Replies (2) of 7039
 
Dusty,
Oh my God I can't believe you just said that...you are such a liar!
You really expect people to believe you never hyped this stock?

To: Barry R. (236 )
From: Dusty Friday, May 22 1998 1:59PM ET
Reply # of 4141

Barry, Meyers probably has some of the common and preferred and is holding tightly. But, the warrants he could have bought for pennies and does not intend to exercise them so he is selling for a profit.
In the long term it will make no difference. I think that is what GaBard is trying to convey?
This stock is going to go nowhere but up so it is all a moot point.
Dusty :o)

To: MKTBUZZ (309 )
From: Dusty Friday, May 22 1998 6:18PM ET
Reply # of 4141

GaBard, I am not selling either. I have a dream that one day not only will the price be REAL high but we could see dividends! If you sell you don't have anything to draw a dividend on!
I don't think this is too far fetched either. If a company is as pro- shareholder as Arcon Energy appears to be it is a given!
Now, we could draw more in dividends than we actually paid for our shares, over the long haul... HOW SWEET IT IS!
Gonna be long on this one for a LONG TIME! LOL
Dusty :o)

To: Crossy (337 )
From: Dusty Saturday, May 23 1998 9:35AM ET
Reply # of 4141

A friend of mine who is not able to post on SI called me and told me he had talked to the home office. They are in the process of having a web page designed. I feel this is what all this is about. Makes sense as well...
The address is said to be archemltd.com (not working now)
I hope I have this correct I lost my scrap of paper, it is from a almost senior citizens memory... nuff said... :o)
Dusty :o)

To: Crossy (339 )
From: Dusty Saturday, May 23 1998 1:27PM ET
Reply # of 4141

Crossy, you must mean the tip on Arcon Energy. You are welcome! <EOM

To: Crossy (379 )
From: Dusty Saturday, May 23 1998 1:53PM ET
Reply # of 4141

Now Crossy, I am not taking all the credit mind you... LOL
Just glad you saw the potential and got some.:o)
Dusty :o)

To: Jimbo (395 )
From: Dusty Saturday, May 23 1998 2:16PM ET
Reply # of 4141

Jimbo, well stated... Crossy, stop trying to scrub the spots off the dog... LOL This one is clean as a hound dog's tooth.
Dusty :o)

To: Jeff Harrington (393 )
From: Dusty Saturday, May 23 1998 2:27PM ET
Reply # of 4141

I believe that this company APPREICATES it's shareholders. Especially the loyal long term investors; and felt rewarding them is a good way to keep them.
Even though Gary knows not all those on this thread would cooperate and be a long term holder, he did his best to encourage it and rightly so. This small bit of wisdom escapes many investors. They just don't comprehend the rational behind it.
But, if EVERYONE trades in and out on every dip and raise all you have is a yo yo stock that will end up on the trash heap with a bad name. This is fine for the dawgs of the dow so to speak. But, it you have a solid company, and do all you can to support it, in the end all shareholders benefit. JMO But, I happen to believe GaBard is 100% on target with this theory.
Dusty :o) Patience rewards and greed kills, JMO

To: Kurt N (354 )
From: Dusty Saturday, May 23 1998 2:03PM ET
Reply # of 4141

Kurt, JMO so take it for what it is worth. But, Anyone who waits till May 29 to purchase MIDLP could be too late. The settlement date (with cash in account) is the day following the actual purchase. Or at least this is the way it has been explained to me. I could be in error, but why take any chances;unless of course you are awaiting funds to transfer?
I hope you make it :o)
Dusty :o)

To: Ray Cunningham (464 )
From: Dusty Sunday, May 24 1998 1:10PM ET
Reply # of 4141

Ray, thanks for posting the link that "Stocks to Watch" has on Arcon Energy. This explains my friends comment about Arcon being in a conference with an Internet source, the other day when he called them.
Arcon will soon have their very own web site and address as I understand it?
Good luck fishing!
Dusty :o)

To: Ga Bard (471 )
From: Dusty Sunday, May 24 1998 1:25PM ET
Reply # of 4141

GaBard, you MAY possess all, some or just a few of the qualities listed in your post, but you and many others are in the chips (money) because of or the lack of all of them... ROFL
It is therefore a moot point at this point...
I will say YOU definitely possess one quality that is RARE in today's world; [honesty] to a fault; in a take it or leave it style and that my friend is a "CLASS ACT."
Dusty :o)

To: Binder (487 )
From: Dusty Sunday, May 24 1998 1:29PM ET
Reply # of 4141

Anna, your last line <the world needs idiots too> Says it all for me!
Add to your elite list of losers.... educated FOOLS! ROFL
Dusty :o)

To: Ga Bard (506 )
From: Dusty Sunday, May 24 1998 1:49PM ET
Reply # of 4141

Gentlemen, it is not quantity but quality that makes money! I am down to 2 ... LOL
Dusty :o)

To: Ga Bard (508 )
From: Dusty Sunday, May 24 1998 2:46PM ET
Reply # of 4141

Gary, thanks for sharing the e-mail with all of us. I just finished reading the article and link put up by Stocks to Watch/arcon
and I think another real issue here is that people cannot imagine the magnitude of this company or the product; let alone WORLD sales and patents!
Therefore to others it comes across as HYPE. I have heard it from a zillion sources that I am hyping it... grin. People of little or NO VISION and UNDERSTANDING accuse others with it of hyping. LOL
Isn't it amazing that so many people can read about this and still not believe it or understand it? I have noticed the same with other companies with threads on SI... Is it catching? ROFL
They also appear to be the same folks who take great offense at hearing or understanding real "TRUTH." now that is interesting! ROFL
Dusty :o)

To: jeffrey rainey (497 )
From: Dusty Sunday, May 24 1998 4:39PM ET
Reply # of 4141

Jeff, excellent post. I have saved it to a folder as an html file! Now I can send it as an attachment or refer to it as needed.
Dusty :o)

To: Russell Gish (513 )
From: Dusty Sunday, May 24 1998 6:00PM ET
Reply # of 4141

In answer to you and Dave ... in a word! Unbelievable! <EOM> LOL
To: Earl Falwell (516 )
From: Dusty Sunday, May 24 1998 6:04PM ET
Reply # of 4141

Earl, Thanks :>) Hope you bought in earlier, but it is still dirt Cheap!
Dusty :o)

To: Ga Bard (518 )
From: Dusty Sunday, May 24 1998 6:56PM ET
Reply # of 4141

Gary, you are right in taking this attitude as to throwing numbers around! They would never BELIEVE them anyway! LOL
Just this morning some idiot posted to a thread that I was busy hyping MIDL... I just rolled on the floor laughing! Dropped him a private message, informing him that MIDLP just hit 40.00 a share on Friday and finally settled at 30.00 at which point I bought more of it! LOL
This same bloke stats in his profile he is a consultant! Give me a break! LOL
Dusty :o)

To: Thomas Patrick (521 )
From: Dusty Sunday, May 24 1998 8:15PM ET
Reply # of 4141

Thomas they are all related to the same company! For me the play is common MIDL and the Preferred MIDLP but that is my personal choice! So do your home work before diving in... LOL
Dusty :>)

To: SC Anderson (525 )
From: Dusty Monday, May 25 1998 12:41PM ET
Reply # of 4141

Steve, sounds to me like you have a good handle on it. LOL I am still buying the MIDLP just for all those reasons!
Dusty :o)

To: jeffrey rainey (547 )
From: Dusty Monday, May 25 1998 1:21PM ET
Reply # of 4141

Jeff and All,
Jeff this is an excellent post on the newbies! I would like to add to your statement.
To all new comer's you are welcome to share what has been posted take of it freely, but... don't start at the end and expect the rest of us long term investors to spoon feed you! Go to the very beginning of this thread and STUDY... Pay your dues and save your money on a phone bill it has ALL been covered! This is not a game on this thread. This is not Penny Trash and there is a lot of money on the table so if you are into game playing be advised it will not be tolerated here! If you motives are true and honest you will do your home work!
If you are here to trash the stock, I suggest you move on because we will have anyone who tries for lunch!
We have seen many who have come like a wolf in sheep's clothing trying to ply their craft of deception and doubt. It will not be tolerated on this thread... Just a word to the wise...
If after reading this you are still interested in helping pull the wagon then read all the DD from beginning to end it is here and been done by competent researchers and long term investor's.
Dusty :o)

To: jeffrey rainey (563 )
From: Dusty Monday, May 25 1998 5:02PM ET
Reply # of 4141

What I am seeing and hope I am wrong but most likely not; the new comer's boarding the train after silently lurking for quite awhile, hoping to make a few fast bucks. That is okay too if that is all you want. Your trading in and out will make no difference in the grand scheme of things, but any who do trade in and out will IMHO end up the loser at this game.
Not often in one's lifetime does a real company with potential come along. It is unnoticed by the majority because of lack of patience, vision and belief. These folks will develop 20/20 hindsight and become lifetime members of the I wish, I coulda, woulda and shoulda club. This is not hype or speculation, just facts.
What position will each of us hold when this little company has flowered into full bloom? I will be there savoring the beauty and bounty of all she has to offer.
I mentioned to a friend the other day that I was so long and strong on MIDL that my ass*ets squeaked when I walk... I have 2 main holdings and am just that strong on both!
We have plucked the chicken down to the skin doing DD and I just don't have to see the bones to know this bird is the real Mc Coy!
Dusty :o)

To: JOHN E.DAGGS (568 )
From: Dusty Monday, May 25 1998 5:25PM ET
Reply # of 4141

John, I did point that out. That if that is all one was looking for was a fast pop that is okay too. LOL
I like several others have been in MIDL since way before Arcon Energy was even a gleam in anyone's eye. I have experienced first hand the joy of supporting the stock and watching it form the bud and now as it is beginning to come into full bloom. Going to be in for a lot longer too.
Dusty :o)

To: Ga Bard (574 )
From: Dusty Monday, May 25 1998 6:42PM ET
Reply # of 4141

GaBard, I am not looking for any exit! I am hanging on for a very long time and don't care what anyone else does or does not do.
As I stated in the post no one can do anything to damage the stock; it will fly on it's own and do very well indeed.
Dusty :o)

To: Ga Bard (581 )
From: Dusty Monday, May 25 1998 6:51PM ET
Reply # of 4141

Gary, I don't think you will be crying but if you do you will have 12 to 20 (the faithful) sharing a corner of your towel... LOL
Heck, I will wait for the dividends,splits and whatever other goodies come for this one! LOL
Dusty :o)

To: Ga Bard (582 )
From: Dusty Monday, May 25 1998 6:53PM ET
Reply # of 4141

Just goes to prove a good point... If you have done good DD and KNOW what you are investing in you have the ability to stay the course and reap the rewards! VBG
Dusty :o)

To: Ed Hoftell (682 )
From: Dusty Tuesday, May 26 1998 10:10AM ET
Reply # of 4141

Ed and all, even more UNBELIVABLE is anyone would be trading in and out of the Preferred! JMO and like a leaky bucket ain't worth much! LOL
A fool and his money are soon parted! ROFL
Dusty :o)

To: Russell Gish (698 )
From: Dusty Tuesday, May 26 1998 11:13AM ET
Reply # of 4141

Russ, My online trading account is with SureTrade :o( and they don't always work real fast. So I would never put any of my MIDL or MIDLP at risk. It would be just my luck to sell (trying to make a fast buck) and not be able to get it again! LOL So I just sit and hold and grin a lot! LOL
Dusty :o)

To: Dave Bissett (746 )
From: Dusty Tuesday, May 26 1998 1:44PM ET
Reply # of 4141

Yes, I did was yours from a dude called Norman?
I did not post it but I did PM Gary.
I replied as follows:
Have I held the DF-144 in my hands and smelled it? No.
Do I believe the new release about Exxon testing it? Yes.
Dusty :o) Sounds like the doubt touters are gearing up! LOL

To: Ed Hoftell (748 )
From: Dusty Tuesday, May 26 1998 1:49PM ET
Reply # of 4141

Dusty
Have you verified any of the claims on DF-144 with any fuel experts in the
scientific community? Has anyone been able to verify that Exxon is actually
looking at this product?
Norman
From: Prez22@aol.com <I inserted the email address> Dusty :o)

To: Ed Hoftell (757 )
From: Dusty Tuesday, May 26 1998 2:21PM ET
Reply # of 4141

Ed, I could be jumping to conclusions but since this person don't know me; I am thinking it was to create doubt. Well it did not work on me.
Like you say, if he just wants info he could get a ton of it on the threads! LOL
Dusty :o)

To: George Burdell (753 )
From: Dusty Tuesday, May 26 1998 2:27PM ET
Reply # of 4141

George,
Just because it is trading as a BB stock don't mean it really is one.
" Things aren't always what they seem." My favorite statement. LOL
But, you could be right?
But, why E-Mail me? Why not GaBard,since it is rather OBVIOUS he is in almost daily contact with the main office?
Oh well no matter... all a moot point any way!
Dusty :o)

To: Frank Fontaine (752 )
From: Dusty Tuesday, May 26 1998 2:31PM ET
Reply # of 4141

Me too Frank, I have been too busy this morning to do it but I have a friend who can give the low down on the dude... LOL
Dusty :o)

To: Ray Emery (769 )
From: Dusty Tuesday, May 26 1998 2:38PM ET
Reply # of 4141

Gee Ray, can you float me a loan? LOL
It is not like I ain't gonna be good for it; we all know MILDP in fact all 3 are headed higher...LOL
Dusty :o)

To: Wayne Rumball (820 )
From: Dusty Tuesday, May 26 1998 7:59PM ET
Reply # of 4141

Sure would be neat to see it open at 70.00 tomorrow! I would like someone who accused me of hyping MIDL on this thread to see it and CHOCK on it... LOL
Dusty :o)

To: Bruce Bishop (865 )
From: Dusty Tuesday, May 26 1998 10:17PM ET
Reply # of 4141

I use SureTrade, and while I have not purchased warrants I am sure you can. They trade just like the stock. Just make sure you enter MIDLW or you will end up with common.
I did purchase MIDLP and had to wait 20 minutes for a fill but otherwise no problem.
Hope this helps,
Dusty :o)

To: Ga Bard (1021 )
From: Dusty Wednesday, May 27 1998 10:40AM ET
Reply # of 4141

To All, I see GMT is featuring MIDL on their news letter today! I can not say as it has caused any landslide momentum... darn. LOL
Dusty :o)

To: kentoo (1024 )
From: Dusty Wednesday, May 27 1998 10:47AM ET
Reply # of 4141

GMT... New Letter May 27, 1998
I usually trash it... LOL Forgive me just my personal opinion of this one. They are into hype extraordinair for the most part. LOL
========================== GMT Newsletter ==========================
====================================================================
A warm welcome to all our new subscribers, we trust you will enjoy and
benefit from this newsletter.
To unsubscribe, please follow the instructions you will find at the bottom
of each newsletter.
All write ups and relevant links can be found on our webpage:
globalminerals.com
___________________________________________________________
Quicky:
ITS:VSE
Up +12% today, there will be plenty more coming for this stock as their
promotional activities and fundamentals start building up.
Movers mentioned yesterday:
(Every once in a while we mention momentum trades, please use caution if
attempting to trade them, it is recommended you have real time quotes)
MIDL:OTC yesterday at .90/.1.03 , traded as high as $2.62 today.

To: Almost Blue (1039 )
From: Dusty Wednesday, May 27 1998 11:09AM ET
Reply # of 4141

I am tapped out too... LOL the purse is flat...
It is a steal on the "P" I paid 32.00 last Friday and felt it was a good buy then.
Dusty :o)

To: Mike Roberts (1054 )
From: Dusty Wednesday, May 27 1998 11:40AM ET
Reply # of 4141

Off Topic.. News Letter: Bob Frey Featuring MIDL
Hi,
Welcome to the many new members.
Way undervalued?
MIDLW
MIDLW is the warrant for the MIDL common shares. They trade on the
OTCBB just as the MIDL common do. It was announced on about the 18th
of this month that the strike price would be lowered to $0.50 from $ 1.00. The
warrants will expire in the year 2001.
What this means is that for each MIDLW you own you will be able to buy a
MIDL for $0.50. The MIDL common are trading @ $ 1.375 ask by $ 1.31 bid
at the time of this writing. The MIDLW are trading at $0.53 ask by $ 0.50 bid.
A quick check of the math and you will see that the MIDLW are way
undervalued as compared to the MIDL. the MIDLW should be about $0.875
ask by $ 0.81 bid plus they should have a premium for the time you have to
exercise the warrant.
I have been buying the MIDLW.
Do you want real time free news? We have set up several pages of
automatically refreshing news. Let us know what you think.
allstocks.com
PROFITS one thing we all can use... Good Luck to Ya!
Bob
For further information on STOCKS TO WATCH:
en.com
Visit one of the Worlds Largest link sites for stock and company information:
en.com
To be removed from this mail list just send me an email asking to be removed.

To: Jay Lowe (1047 )
From: Dusty Wednesday, May 27 1998 11:57AM ET
Reply # of 4141

Jay, Excellent post! Market Makers are doing all in their power to shake the weak and doubting;nothing new here.
Jay, you are on target. This one is a keeper! LOL
Dusty :o)

To: Jeff Harrington (1062 )
From: Dusty Wednesday, May 27 1998 1:25PM ET
Reply # of 4141

This is for Jeff H. and any others not clear on Settlement Dates!
Stock Exchange Clearing and Settlement Rules
Michael R. Littenberg
Originally published in International Financial Law Review
March 1, 1997
From November 1, 1996, the Ghana Stock Exchange adopted new rules establishing the Securities Clearing and Settlement House (SCSH), which serves as a centralized clearing and settlement facility for stock exchange trades. The SCSH is run on a day-to-day basis by the managing director of the stock exchange. Policy for the SCSH is set by the Stock Exchange Council.
All licensed dealing members of the stock exchange and all registrars of listed securities on the stock exchange must be members of the SCSH. Custodians and other institutions can also be admitted as SCSH members by the Council. Sections 4 to 6 of the new clearing and settlement rules regulate admission to the SCSH, resignation from the SCSH and termination of SCSH membership.
In addition to establishing the SCSH, the new clearing and settlement rules significantly reduce the settlement period for securities transactions on the stock exchange. The rules adopt a T+5 settlement period. Previously, trades on the stock exchange were settled on a T+10 basis.
The new clearing and settlement rules, together with Schedule I, adopted at the same time as the rules, also regulate participation in the clearing and settlement process by representatives of SCSH members, documentation requirements in connection with clearing and settlement and the timing of various aspects of the clearing and settlement process. In addition, the rules lay down penalties for failures to satisfy clearing and settlement obligations.
Using a SEARCH tool will get you anything you want!
This is an excellent one!
inference.com
Dusty :o)

To: Dusty (1098 )
From: Dusty Wednesday, May 27 1998 2:01PM ET
Reply # of 4141

James Scamlon, thanks for the PM... LOL
Folks I did not see the Ghana Stock Exchange! Well who knows if we make as much moola on MIDL as I think we can give that Exchange a try too... File it... The joke is on me!
Dusty :o)

To: Islander (1146 )
From: Dusty Wednesday, May 27 1998 4:30PM ET
Reply # of 4141

Islander, That is what my broker told me. They can not use them unless you sign a document allowing them the use of the stock and then they have to pay you. I don't understand all the dynamics but when held in a cash account they can not be shorted out of your account without your express permission.
Having said that we all know in the real world "stuff" happens!
So I cover my bases and request my Certificates on most all my holdings;always on my long term holds.
I can tell you my MIDL common are not accessible to any trader I hold them in MY hot little hands. As soon as I have been credited with my "dividend" freebies, I will be taking possession of all my preferred stock as well.
I have no intention of selling for a very long time and since the jury is not in on the Y2K scenario, I chose to hold my Certificates myself. I have not found any brokerage willing to furnish me with a statement on their letterhead that they are Y2K compliant.
So I don't worry about anyone using or abusing my stock holdings. LOL
Better safe than sorry ... :o)
Dusty :o)

To: Ga Bard (1161 )
From: Dusty Wednesday, May 27 1998 5:17PM ET
Reply # of 4141

Guess it would be too simple minded to just consider the fact that perhaps the company is not "hurting" for money.
That they place a high value on their faithful shareholders and wanted to reward them for their support. Thus the reduction in the cost of converting the warrants and some free preferred stock.
I would say by their actions this is more than a possibility.
Nah, I must be imagining things here... LOL
Dusty :o)

To: Ga Bard (1185 )
From: Dusty Wednesday, May 27 1998 7:10PM ET
Reply # of 4141

Gary, I hear you and relax! Kick back you have earned it man.LOL
I just wanted to see you get a satisfactory answer. I know mine was a real stretch... LOL
Dusty :o)

To: Jeff Harrington (1260 )
From: Dusty Thursday, May 28 1998 11:17AM ET
Reply # of 4141

Just posting this for a good read ...
bobz.com.
This came from a friend who found it.
Dusty :o)

To: James M. Scanlon (1266 )
From: Dusty Thursday, May 28 1998 11:32AM ET
Reply # of 4141

Went slumming for a few minutes and you are right on the money! LOL a real zoo there. :o)
I found it interesting that I did see several names that have appeared on this thread. Wondering if it is some of them who are shorting MIDL for a few fast bucks. LOL
Dusty :o)

To: Ga Bard (1293 )
From: Dusty Thursday, May 28 1998 4:30PM ET
Reply # of 4141

Hats off to you Gary you said a mouth full. Most don't read at all they skim and JMO, and it don't carry no weight here but, ANYONE selling any of it is taking a chance; fueled by greed. To sell the "P" or even try to is insane! You can not sell "FREEBIE" yet. Or that was my take on it. If you sell, it is no longer in your account and the way I see it; no freebies shares.
Well ya all can do what you want but I am not greedy or anxious so I will wait the bucks will flow in due time.
Dusty :o)

To: Ga Bard (1309 )
From: Dusty Thursday, May 28 1998 4:40PM ET
Reply # of 4141

Whatever happened to the buy and hold approach? I guess some are wheeler dealers and some are investors... LOL
To bad but from what I am reading I'd say the wheeler dealers just screwed themselves out of some free preferred stock.. :o(
Dusty :o)

To: Jimbo (1322 )
From: Dusty Thursday, May 28 1998 4:51PM ET
Reply # of 4141

That's how I do it. LOL I don't care what the price is it is a moot point in the end if the company is worth it's salt. I bought all my purse would allow last Friday on the "P" at 30.00 and still think I got a bargain. To each his own! LOL
Dusty :o)

If thats not hype I dont know what is.

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