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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 (4261)8/17/1999 8:44:00 PM
From: Mark McNew  Read Replies (1) | Respond to of 5541
 
I agree about the merger. I was uncertain prior to the CC, but I plan to vote for it now. The vision for the combined company is something I would like to be a part of.

Tony stated that MVEE had a value of approx 9 Million in equity. If this is the value of the companies assets, and assuming an outstanding share count of 200M, this would leave .045 per share or just about the current share price. This would mean the stock is valued at the 'liquidation' price of the company and does not take into account any earnings. Am I looking at that right?

Mark