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

To: V$gas.Com who wrote (3171)	5/26/1998 1:32:00 PM
From: RocketMan	Read Replies (2) \| Respond to of 11850

You're right (as usual), but I did not say a shell, I meant an acquisition of a real company. TMG is another good example, with similar price to book as EVER and a half billion market cap, about where Jack would like to take ME over the next few years. Don't know if TMG is listed, but it is at least fully reporting, which will not be the case with ME initially. Back to speculation (not to be confused with DD), I agree, and acquisition of a listed company is expensive. However, it is not out of the question, given that ME will most likely increase greatly in its market cap through additional assets; that oil and gas prices are down right now, encouraging mergers and acquisitions; the new NASDAQ listing rules have placed several listed companies at risk of being delisted unless they do something; and there just might be some deep pockets out there sensing good opportunities.