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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: Tim Davies who wrote (4507)	9/1/1999 5:13:00 AM
From: Stephen Goldfarb	Read Replies (1) \| Respond to of 5541

I also see little meaningful "synergy" between the two companies. I have been unable to ascertain how Entertainment Internet warrants 50% of the combined companies, other than, as was said to me, the lawyers and accountants declared it so. Audits of both companies are reported to be pending. That may clarify matters. The presumed merit of the merger is to reduce the outstanding shares of MVEE. If the post merger price of the new company remains well above its present price, the stock may become less desirable for day trading, and may more accurately reflect positive developments of the company. But pending clarification to the contrary, it appears that the merger shifts too many MVEE assets and earnings potential to EINI shareholder interests. There could have been a better way to reduce outstanding shares. Steve

To: Tim Davies who wrote (4507)	9/2/1999 6:23:00 PM
From: Walter Morton	Respond to of 5541

Based on this guy's track record should we expect much from "After Sex?" us.imdb.com Click on the movies that he produced and see the rating that voters gave to the movies.

To: Tim Davies who wrote (4507)	9/3/1999 1:07:00 PM
From: Walter Morton	Read Replies (1) \| Respond to of 5541

"By the end of 1999 we believe CastNet will generate revenue in excess of 7.5 million dollars." Did that happen? "By the end of calendar year 2000 CastNet, in its multiple city and multiple country context, should generate in excess of 39 million dollars." Do you believe that will happen? AT WHAT POINT DOES THE COMPANY EXPECT TO BE PROFITABLE? "CastNet is currently operating on a cash neutral basis and expects to be cash positive by the end of 1999." It seems that somebody does not know the difference between CASH and PROFIT. Is EINI or MVEE going to do the accounting? Well it's over eight months into 1999. Does Castnet.com have any profits? Do they have any cash? A little help would be appreciated. I don't have a SEC filing that I can refer to. 206.111.47.47