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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential -- Ignore unavailable to you. Want to Upgrade?

To: Dave Swanson who wrote (5054)	7/31/1999 1:55:00 PM
From: craigt	Read Replies (2) \| Respond to of 5783

Anybody read that thing yet? I'm not sure that I agree with the executive salary levels listed (with consulting fees paid to spouse)! And these salaries were paid to: 1) Obtain a loan from Gould rather than more conventional financing. 2) Wind up in receivership when Gould decides to obtain the property. 3) Pass up bridge loan opportunities (months ago) to exit receivership. 4) Cut shareholder equity by 2/3 by increasing issued shares from ~250M to 750M. 5) Further cut shareholder equity by an unknown amount (probably VERY substantial) by entering into a JV agreement and forming a LLC to reobtain the property. I think somebody's been overpaid and shareholders have gotten &%*&^%%%%&!!! craigt