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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: Bill Shearer who wrote (4355)8/23/1999 6:27:00 PM
From: Leroyt  Read Replies (1) | Respond to of 5541
 
Bill,

There has been NO merger. Only proposed, requiring a proxy and shareholder approval. Until that time, NOTHING has changed.

As I expected, the share price of EINI is coming down to MVEE rather than the other way around. There IS NO free lunch.

Nevertheless, I am holding MVEE long.

later, leroyt



To: Bill Shearer who wrote (4355)8/24/1999 12:16:00 AM
From: LegalBeast  Read Replies (1) | Respond to of 5541
 
With the activity of late, I believe that you are correct ... a fishing trip would be good for the nerves!

Bill, since you asked I will share my take on what happens to the shares: Once the merger is approved, it will not change the landscape until the actual date of execution. On that date, we will start the date with 1/12 as many shares at whatever price is then decided by the market pressures. It will not matter when you bought your shares at all. If you hold shares, you will close on one day with the shares you bought and open the next with 1/12 as many of the new shares. So, don't be afraid to buy as many as you wish. Your investment decision is yours. Timing may be everything!