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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (4132)	8/11/1999 2:54:00 PM
From: jhild	Read Replies (2) \| Respond to of 5541

Here you can throw this piece of information into the hopper. Last November 16, EINI agreed to merge with ECOI. It is unclear what the valuations were at the time. But as it turned out ECOI didn't appear to even make the first payment and subsequently had a 20:1 reverse split to become MGTK. Monday, November 16 1998 12:01 AM EST Entertainment Internet Inc. (OTC:BB:EINI) and Eco-Resources International, Inc. (OTC:BB:ECOI) jointly announced that they have had preliminary discussions of a proposed merger of the two companies and that a letter of intent has been signed. The merger is subject to a number of conditions, including valuation of the companies, joint management control, due diligence and shareholder and director consent. EINI has agreed to a 30 day exclusivity period in consideration of the receipt of $200,000 over a period of four weeks, from ECOI, $50,000 of which was paid on November 15, 1998. Central Casting Goes Interactive, The Online Casting Couch New Web-Based Services Match Actors With Roles (see castnet.com ) ECOI Adds to Its Family Entertainment Program With the Upcoming Merger With EINI (see ecoi.com) As a new online casting and submission service, also providing other electronic services for the entertainment industry, Castnet.com has currently in excess of 10,000 paid members and is growing daily. Over 9,000 electronic acting role submissions monthly with 15% increases. This is one unique internet company that has enjoyed having revenues from the beginning. This news release contains forward-looking statements with respect to the results of operations and business of the company involves risks and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports which may be filed with the FCC in the future.(See: #reply-6429684)