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


To: A. E. who wrote (3761)5/27/1998 9:49:00 PM
From: CoffeePot  Respond to of 11850
 
AGAIN, WHAT MAKES ICVI/ME A STINKY STOCK

Below are several questions every ICVI shareholder should review:

1. Why would ME allow 36% of it's "equity" to be lost to ICVI shareholders???

2. If ME really does have assets worth 200mm why not borrow againt 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. 1ICVI'S 18mm shares represent dilution to ME equity holders to the tune of 36% or 18mm/50mm, 18mm shares which otherwise wouldn't be outstanding.