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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Sly_ who wrote (437)5/19/1998 12:21:00 PM
From: macker  Respond to of 11850
 
thats a good point sly, joe is not the management, just a voice. he has told me explicitly 3 times that the old management is history. he seemed as excited as some of the investors. he did not express any remorse for them being gone, but rather he was happy.

macker



To: Sly_ who wrote (437)5/19/1998 12:31:00 PM
From: Marc Stager  Read Replies (2) | Respond to of 11850
 
Like the song goes, "One Monkey Don't Make No Show"

That was an exception, not the rule.

I bought in on ICVI because of Gort's assurance about the Stardancer sailing, despite many warnings from others who had had bad experiences when things failed to materialize.

Before the 10 to 1 reverse split Gort was assuring investors that there would be great news to keep the value of the stock strong and growing. At that time, pre rev-split, shares were $.06.

It turned out the only news was that of a name change - from RICI to ICVI and the stock plummeted from .60 to a low of .03, briefly coming back to around .20 with news of convenience store deals. Then back down again to .04 when that fell through.

Be very careful.

__________________________________________ Marc Stager