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


To: CoffeePot who wrote (2590)5/25/1998 1:12:00 AM
From: justaninvestor  Read Replies (1) | Respond to of 11850
 
<<Wait a second, ICVI acquired ME not the other way around.>>

Mr. Biggs, technically yes, but realistically no. ICVI mgmt has been booted out and replaced with ME mgmt. Then the name change will occur and ICVI will be a thing of the past. I have just gone through the exact same thing with another company in which I have invested.

"After the acquisition, Mountain Energy will become the controlling shareholder in ICCI. The existing officers and directors of ICCI will resign and be replaced the current officers and directors of Mountain Energy"

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