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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: xdll who wrote (1218)5/28/1998 7:49:00 AM
From: Ga Bard  Read Replies (2) | Respond to of 4142
 
Well I guess you could say that... But patents fights typically are done when someone did something careless. Now Arcon has the best patent attorney from my understanding. ALso they did not just jump into the industry either. The conducted over 200 tests. John Spriggs answered every question Baylor had to offer. Now they are sending out samples. Exxon is not going to contest the patents. Heck they just want to see if the product is what they claim it is.

It has already been tested prior to coming public. Heck they have numerous big boys they are talking to as per the news releases. For all we know a deal will be done long before Exxon even gets the samples to test.

As far as reverse mergers I love them and the reverse mergers are some of the absolute best sleepers you can find. There are risks everywhere. But reverse mergers are much much better than IPOs matter of fact I look at Ipo like a reverse split. I will wait til after they are done and fallen on their royal backsides and then get in IF I can see the value plus growth from that point is slow...

I am an OTC sleeper finder. IPOs I typically do not touch.

Your post is of someone that is a big board investor. Me I am a sleeper finder so everything I would find attractive and meets my 7 guidelines big boards just will never see.

That is why I now make a living doing this for myself. I have 4 longs awakening with MIDL being the most recent. As far as doing investing I look for those companies that are going to be recognitive by their unfair advantage.

Just all in the plan you create for your investment strategy.

GB

MIDL New Investor Information Post

Message 4608046

Redundant questions:

Coomon: for the price MIDL is trading at you get one security of ownweship Midland, Inc. '

Warrants: MIDLW ... They will be exerciseable after the 3 day settlement date and the TA has the resolution today. Ok you buy the warrant for the warrant price .. then you pay an additional .50 to exercise it ...

Example: warrants is .56 plus the .50 exercise = $1.06 AMSC

Perferred : MIDLP ... You buy the P for $26.50 you are buying 35 shares of common for an AMSC of $0.77 however you add in the dividend of 50% you will get a half a share of P which equates to 17.5 shares of common.

Example: 100 shares of P @ $26.50 = $2,650.00 = .50 AMSC

For a long term hold and capitalize on the stock to the max degree this is the buy. Of course it is a long term hold because the existing trading P is Oct 1, 1998 which will automatically convert in your account where the dividend will not but it will convert on Oct 1, 1999.

Dividends: The dividend will be pay to all shares held in an account regardless of when you bought at the close of Friday May 29, 1998. If you buy at 3:59 MIDLP Friday afternoon and it is confirmed by the broker you get the dividend.

DF-144: Is a real product and they have over 200 tests on it verifying the product and 3 major compnies have tested it before they came public. It has been produced, sold and even use in NASCAR.

Negotiations: They are in negotations with two major oil companies as per the news releases.