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Microcap & Penny Stocks : Miracle Entertainment - MVEE -- Ignore unavailable to you. Want to Upgrade?


To: Tim Davies who wrote (326)10/7/1999 5:31:00 PM
From: CrazyTrainRead Replies (1) | Respond to of 526
 
It's not hard to be out of debt when you can just print as many shares as you desire:( I'm sure glad they are cleaning up these BB stocks. Right now I wish I had never invested in any of them. MVEE has to come back a long way for me to break even. I almost sold last year for the tax write off (@.09). I feel really stupid for believing in this company. I now know to NEVER, NEVER, NEVER trust a non SEC reporting company unless you are just playing a MO-MO. No matter what a great story the stock has to tell if they are not SEC reporting do not buy and hold. I will say nothing in favor of this company until they show us ALL the numbers (which have been promised for over a year)!!!

BTW Tim, an RS is purely psychological. Once it happens the ratio is really not a factor. I have seen on rare occasion where a stock went up after an RS when very good news was released at the same time. As far as the MM's and shorts go they will hold and may short more unless the number are really good and it looks like continued growth (lots of if's).



To: Tim Davies who wrote (326)10/7/1999 5:37:00 PM
From: Walter MortonRead Replies (1) | Respond to of 526
 
<<Based upon EINI's Friday, August 6, 1999 closing price of $0.843, the agreement values MVEE at $0.49 per share, a nearly 100% premium to MVEE shareholders, based on Friday, August 06, 1999's closing price of $0.041. This transaction is expected to be accretive to both EINI and MVEE shareholders. The combined company is expected to have a pro forma market capitalization of approximately $36 million.>>

I believe it is possible that on August 6, 1999 MVEE had approximately 475 million shares outstanding with a market capitalization of about $19.5 Million. It is also possible that EINI had about 14 million shares outstanding with a market capitalization of around $16.5 million.

475 million shares divided by 12 in only 39.6 million shares.

<<The combined company is expected to have a pro forma market capitalization of approximately $36 million.>>

That is assuming that the stock price does not drop.

As of the close of October 7, 1999 I expect that the combined market capitalization of MVEE and EINI is approximately $10 million.

Maybe Tony Cataldo can clear this all up in his next speech. Perhaps he misspoke when he said MVEE capitalization was between $8 and $11 million.

Yesterday, I saw clothes hanging on a clothes line. That makes at least three families within 10 miles of my home.

If you knew TC made a mistake would you buy more shares at $.012?

Did you notice that EINI has fallen to its 52 week low of $.312?

$.012 times 12 = $.144

Have you compared the old $.49 and $.843 to the new $.144 and $.312?



To: Tim Davies who wrote (326)10/7/1999 5:41:00 PM
From: dreamtraderRespond to of 526
 
What the heck is going on with this glamorous corp.?Do they have the right to issue such a big number of stocks? and if so, in another two weeks there will be another 1/2B, totalling billion plus. Is there a way to stop the printing?.
When I started purchasing, there were only 9M shares and at $.06-.055. Can it get any worse? I'm losing the little faith that I do have.
Where Are you Tony?and where are your conferences? I will be anxiously waiting for your answer.



To: Tim Davies who wrote (326)10/10/1999 3:06:00 AM
From: Walter MortonRead Replies (2) | Respond to of 526
 
Confirmation in: Over 560,000,000 shares outstanding;

Only $3 Million Dollars in Assets (That's U.S. $);
May be fined by the SEC for selling shares in the U.S.;
May be sued by shareholders in the United States;

It seems that there is still some debt ($250,000 U.S.) that can be converted into common stock at 65% of the 5 day average as long as the conversion price is between $.50 and $.85 U.S. Correct me if I am wrong.

There was a statement in the document that said on November 6, 1999 the company issued 1.25 million shares to a board member. This was not in the subsequent event section.

It was interesting that the subsequent event section did not mention Neitchie or Held For Ransom or Alicia's Book or Really Mean Men. Did I overlook that section of the document?

Also, did you notice the possible conflict of interest. In the "first look" agreeement. What ever project MVEE rejects Tony Cataldo can produce seperately without MVEE. Did anybody get a different understanding of that agreement? Does anybody think there is no potential for conflict of interest?

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