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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: James P who wrote (5159)	3/16/2000 10:30:00 AM
From: James P	Respond to of 5541

SOURCE: 1st Miracle Group, Inc. CNBC Makes Retraction Regarding 1st Miracle Group Financial News Station Erroneously Stated Wrong Price and Direction of Stock Movement for the Company LOS ANGELES, March 16 /PRNewswire/ -- 1st Miracle Group, Inc. (OTC Bulletin Board: MVEE - news), an independent and diversified movie production company, today announced that in response to a report that was broadcast on Tuesday, March 14th, CNBC has retracted and corrected the information. In the broadcast, it was announced that the company's stock had traded as high as $0.86 in February and that it currently was $0.14 when in fact the Company's share price has gone from 2/10ths of a penny to approximately $0.14. This represents a dramatic rise in share price and not a downturn as portrayed by the report. ABOUT 1st Miracle 1st Miracle is an independent film production company focused on the development of full length features in a number of popular genres, including comedy, action and drama. Currently the company has six completed films, including After Sex, starring Brooke Shields and Speedway Junky, starring Darryl Hannah and Jonathan Taylor Thomas. In preparation for Internet applications the company fully digitizes all of its current productions. This statement includes forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors. SOURCE: 1st Miracle Group, Inc.