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

To: CoffeePot who wrote (2722)	5/25/1998 7:00:00 PM
From: Just-a-thought	Respond to of 11850

Sure biggie, ....was just reading about the 'Bobsieee Twins'... FYI: sec.gov Check out page 46 "The Undue Influence of 'RUMPSWABS',,..er 'market makers' in the Regulatory Process" .....among others! enjoy!........cya..... pvt jat

To: CoffeePot who wrote (2722)	5/25/1998 8:43:00 PM
From: BILL L	Read Replies (2) \| Respond to of 11850

-- Mr. Bigges, FACT 1. Mountain Energy was a private company. 2. ICVI was a public company. FACT By "merging" with ICVI, Mountain Energy achieved two things: 1. Getting itself listed. 2. Returing value to ICVI shareholders. FACT The equity holders of Mountain Energy received 55,000,000 shares at 0.53 = $29,150,000. REASONABLE CONCLUSION... The equity holders realized that once Mountain Enery stock achieves its book value ($2.85 / share), those 55,000,000 shares will be worth $156,750,000... and that once it achives a reasonable BV multiple (1.5), those shares will be worth $235,125,000. If the company believes in its market value, it has nothing to fear. Michael Bendner