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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: jhild who wrote (4144)8/11/1999 11:36:00 PM
From: LegalBeast  Read Replies (1) | Respond to of 5541
 
You lose again. I neither defend nor bash MVEE. I do attempt to discuss the issues, which appears to be something you seek to prevent. I believe that everyone should make their own choices based on knowledge, and not just the opinions of others. You however, for some reason only seem to point out negatives and cry that no one wants to address the bad side of things. As example, refer to my post about which you complained. #reply-10908995 I cannot believe that I actually attempted to DISCUSS both sides of the issue with you. I must have been nuts. You summarially dismissed the entire post as worthless opinion void of fact. Yet when asked to identify the parts you feel are offensive your best reply is a personal attack on me and a refusal to address even the most basic issue.

Hmmmmm ... lets see here: your position:

<<<< there are probably some things you really just don't want to know about - now that you are a dedicated supporter defending your investment choice.>>>>>

My position:

Trade from a position of knowledge. Talk about both sides of the issues and then decide on more than just the opinions of others.

Therein lies the difference between us. You think folks should embrace the negatives and I think they should see the whole picture, both the negatives and the positives. Gee, I wonder which approach will give the best base of data to make investment decisions?



To: jhild who wrote (4144)8/11/1999 11:53:00 PM
From: LegalBeast  Respond to of 5541
 
Just to clear the air for those who tire of your pointless babble trying to keep from addressing the issues, here is a copy of the attempt I made to discuss the issue with you. Like I said, I must have been nuts to think you would even consider discussing both sides of anything. Please note that even though this message is addressed to you, it is not intended for you alone, but is an invitation to anyone who wants to discuss the issues. Obviously, based on your performance today, that is not you.

techstocks.com

Jhild, I am glad that you brought up the ECOI deal so that it can be discussed openly. In all fairness, before we damn EINI and run from the possibility of the merger, lets look at a wholistic picture of what seems to have happened back then. From the PRs that were released and the chat on the thread at that time, it really appears that what was happening was a company that was in the "Gold reserve" business wanted to break into the entertainment business. Mind also that none of the gold was anywhere other than still in the ground. (Does that remind you of MTEI?)

Anyway, they could not come up with the front money required by the deal and so the whole deal was trashed. Since then, our gold reserve/wanna be entertainment company has gone after an acrobatic troup and finally ended up changing their name and now they sell magnesium bicycle frames direct to the end users. I wonder why they don't use distribution networks and place them in the stores????? Irrelevant at best, but for sure, their reverse split happened well after dropping out of the merger with EINI.

This now begs the question of just how relevant that is to the present merger. One school of thought is that they will do the same thing and back out of this deal leaving MVEE to do a RS to stay afloat. The problem with that train of thought is that it appears that MVEE is the cash cow in this deal and will be the source of major income. Some have said that MVEE by itself could see 1.00-3.00 within a year. If that is true, then MVEE might well be better off without EINI.

Another school of thought says that both companies together make a whole that is greater than the sum of its parts. If that is true, then the combined company may be worth 12-20 in a year or so. The problem at this point is like so many BB companies where we really don't know since we don't have the financial reports in front of us.

And, to top off the deal, lets not forget the involvement of our own Tony Cataldo in both companies. Makes me wonder about fiduciary responsibilities and conflicts, but time will tell if the deal is good or bad. One thing for sure is that between Cataldo and Hadid, if it turns out to be a scam deal, we have two very deep pockets to go after. Knowing how easy it would be to pierce the corporate veil, I really don't think thay would risk it, but who knows. Time will tell I guess.

I do feel for the ECOI shareholders, but appearances are that they were being taken to the cleaners all along. It does however, look like the fault was on the side of ECOI, and not EINI, unless you have some other information not already considered.



To: jhild who wrote (4144)8/12/1999 12:18:00 AM
From: JeffO  Read Replies (2) | Respond to of 5541
 
On Cataldo at SNTKY...
Lets do address Tony Cataldos tenure at SNTKY. The facts prove he did a fine job under extreme circumstances. I will include the links to the disgruntled SNTKY investors yahoo posts, plus a few of my own which will prove he is just dead wrong.

A poster on yahoo posted the following to messages on the MVEE thread with the intent of bashing Tony Cataldo and implying an improper relationship between him and Mohamed Hadid.
I do not not dispute any of the facts contained in the posts. I do dispute the interpretation included by the author of the posts.

messages.yahoo.com
messages.yahoo.com

The following will explain why IMHO the poster is dead wrong. Cataldo was doing a good job and the company failed because a competitor came out with a superior product, Viagra.

Cataldos tenure at SNTKY spanned from 8/96 to 1/99. The link below contains a link showing the SNTKY chart for this period.

bigcharts.com

CATALDO arrives August 1996 SNTKY share price just above $1.

July 10, 1997 Packard Agreement is identified in the yahoo post as the beginning of Hadids relationship with Cataldo at SNTKY.
The sntky share price is just above $4.

August 1997 SNTKY share price crests at a little over $5

September 1998 thur December 1998 SNTKY share price hovers in the upper $4s to $5

January 1998 SNTKY touches $5 level again.

March 27, 1998 Viagra is approved. (For those dont know the primary sntky product was an penile injection.)
verity.fda.gov
SNTKY share price falls to $3.

June 30, 1998;
Windsor invested $3,300,000 in Senetek for the issuance of Ordinary Shares 1,100,000 to be adjusted if under $5.
SNTKY share price a hair above $3. After the FDA Viagra approval I would guess that many of SNTKYs $$$ sources were drying up fast, putting Cataldo in a situation where he had get $$$ someplace. So it is not as if SNTKY had people throwing money at them.

July 1998 SNTKY share price is just under $5. Despite Viagra Cataldo was still busting hump trying to raise the dead.

September 21, 1998
Al-Sabah, a company affiliated with Hadid, has borrowed $500,000 from Senetek Without knowing all the details I will make no guess.

CATALDO leaves December 1998 SNTKY is trading below $2.