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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: StocksDATsoar who wrote (82370)3/28/2001 7:51:24 AM
From: Joe Copia  Read Replies (1) | Respond to of 150070
 
MMCI .. DD for ya. No hype ----- Just facts:

Next >

By: jadeguy $ Reply To: None Tuesday, 27 Mar 2001 at 10:23 PM EST Post # of 204

EVERYONE MUST READ THIS ABOUT MMCI

HI ALL, FROM EVERYTHING I HAVE READ AND DID DD ON THE OS IS 3MIL AND THE FLOAT IS 1.1MIL. SEE THE 1RST LINK

pinksheets.com

NOW IMHO I BELIEVE THE MMS MAY BE EXTREMELY CLOSE TO BEING SHORT. SEE 2ND LINK

quicken.com

I'D ALSO ADVISE EVERYONE TO PUT A GTC ON THEIR SHARES, VERY HIGH (3.00+ WOULD BE NICE). THE MMS WILL SHAKE THAT TREE HARD TOMORROW, "DON'T SELL", WHEN THEY
SHAKE I'M GONNA BUY. THIS HAS THE POTENTIAL TO BE HUGE.

THE FIRST POTENTIAL SQUEEZE PLAY OF 2001. THIS IS ROCKETING.

SEE 3RD LINK

cnbc.com

FOR COMPANY INFO. SEE LAST LINK

biz.yahoo.com

good luck everyone...and go MMCI

jadekey



To: StocksDATsoar who wrote (82370)3/28/2001 9:51:05 AM
From: Jim Bishop  Respond to of 150070
 
GEX.T Genesis Exploration Ltd. announces agreement with Vintage Petroleum, Inc. for Vintage to acquire Genesis

CALGARY, March 28 /CNW/ - Genesis Exploration Ltd. ("Genesis") (TSE:
"GEX") announced that it has entered into an agreement with Vintage Petroleum,
Inc. ("Vintage") (NYSE: "VPI") under which Vintage will make a cash offer of
$18.25 (Cdn.) per share for all of the issued and outstanding shares of
Genesis (the "Offer"). The aggregate value of the Offer is approximately $898
million (Cdn.) including the assumed net indebtedness of Genesis. The Offer
represents a 22% premium over Genesis' closing price of $15.00 (Cdn.) on March
27, 2001, and a 32% premium to its 10 day weighted average trading price.
The Offer has the unanimous support of the Board of Directors of Genesis
and Vintage. Genesis' directors and officers have agreed to tender, pursuant
to lock-up agreements, their Common Shares to the Offer. Genesis has also
agreed not to solicit or initiate discussions with any third party concerning
a business combination and Vintage has the right to match any competing offer.
The agreement provides that Vintage will receive a termination fee and the
right to purchase certain properties at fair market value in certain
circumstances. The Board of Directors of Genesis has waived the application of
its Rights Plan effective immediately prior to the execution of the agreement
with Vintage.
The offering circular associated with the transaction is expected to be
mailed to Genesis shareholders shortly and the Offer will expire not less than
21 days thereafter. The Offer will be made through a wholly-owned subsidiary
of Vintage. The Offer is conditional on, amongst other things, at least two-
thirds of Genesis' Common Shares (fully diluted) being tendered, and receipt
of all necessary regulatory approvals and on conditions customary in
transactions of this nature.
Donald Sabo, Chairman and Senior Vice President of Genesis stated, "We
are pleased with this Offer from Vintage. It recognizes full value for Genesis
shareholders and provides price certainty and liquidity. We are also pleased
that our employees will be an integral part in building value for Vintage
shareholders going forward, as they have for Genesis shareholders in the
past." Pursuant to the agreement with Vintage, Mr. Sabo and David Wilson,
President and Chief Executive Officer of Genesis, have agreed to continue
their employment with Genesis after the successful completion of the
acquisition.
"The acquisition of Genesis builds upon our recent entry into Canada,
through the acquisition of Cometra Energy (Canada) Ltd. last year,
establishing western Canada as a significant core area," said S. Craig George,
Vintage CEO. "Both Vintage and Genesis have grown through a common vision
dedicated to increasing value to their respective shareholders and this focus
will continue. The employees of Genesis have demonstrated the ability to grow
profitably. Looking forward, the combination of both companies' technical and
management expertise coupled with Vintage's financial resources and access to
capital markets should allow accelerated exploitation of the assets and
provide the ability to fund additional growth opportunities," added Mr.
George.
TD Securities Inc. and Yorkton Securities Inc. acted as financial
advisors to Genesis and provided opinions to the Board of Directors of Genesis
that the Offer is fair from a financial point of view to Genesis'
shareholders. Johnson Rice & Company, L.L.C. acted as financial advisors to
Vintage.
%SEDAR: 00003045E
-0- 03/28/2001

For further information: on the contents of this release contact: David J. Wilson, President and Chief Executive Officer; Donald J. Sabo, Chairman and Senior Vice President; (403) 266-6900