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

To: skreiger who wrote (3349)	5/26/1998 10:51:00 PM
From: J.F.K.	Respond to of 11850

Lets get back on the subject ICVI

To: skreiger who wrote (3349)	5/26/1998 11:02:00 PM
From: CoffeePot	Read Replies (3) \| Respond to of 11850

WHAT MAKES ICVI/ME A STINKY STOCK 1. Why would ME allow 36% of it's "equity" to be lost to ICVI shareholders if they truly do have substantial assets???ICVI's 18mm shares represent dilution to ME equity holders to the tune of 36% 18/50=36% 18mm shares which otherwise wouldn't be outstanding. Quite a costly transaction eh? 2. If ME really does have assets worth 200mm why not borrow against those assets and maintain 100% shareholder equity?? Might a banks probe be a little too deep for their comfort??? 3. Why not take ME public as an IPO, selling a 36% equity stake and raise lots of $$$ instead of giving it away to ICVI shareholders? The questions above are based on the ICVI/ME merger terms of 18mm shares of ICVI stock which will remain outsanding after the merger to ME's 50mm for a total of 68mm. ICVI's 18mm shares represent dilution to ME equity holders to the tune of 36% If any of my information above is incorrect please feel free to correct me.