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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Sidney Reilly who wrote (296)2/2/1998 8:25:00 PM
From: jeffrey rainey  Read Replies (1) | Respond to of 626
 
Bob
I think you are looking at midlp it went up 1 dollar to 14 on 400.



To: Sidney Reilly who wrote (296)2/2/1998 10:14:00 PM
From: Ga Bard  Respond to of 626
 
Yes Bob they are with full intentions of a ticker change before March. See MIDL has had some bad trouble last year. New Departure was bought as a subsidairy to increase a nil shareholder equity same as the casino. These two acquistion were used to purge the trouble shell of MIDL. Clean it up and get the shell's filings in order. Now the shareholders apparently did not like the casino sold MIDL sold it. Take casino/rest went to CNHH which as soon as I could after finding out I started accumulating that stock. They were looking at acquiring more casinos which is why I followed it. There is really nothing to report on it but I made it a long because it was part of the deals on the table for MIDL to get it out of trouble.

The shareholder equity of MIDL is now $12.12 I believe so as tyou can see the worthless stock back in September just got awaken. It got awakened when New Departure was bought. Now that Arcon has out public Wayne Duke bought back New Departure and went private again. I got news for everyone let a better deal come to MIDL and Acron would probably get sold off but only if it made the shareholder equity more valueable than what Arcon has done for it.

Hope this helps

GB