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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?

To: Jxcxjx who wrote (1080)	6/2/1998 3:14:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 6180

Well folks, I come home and find that MSU has finally released their first news release since October. This can only signify one of two things. 1.) that the registration negotiations have broken down and been canceled by MSU or.... 2.) that MSU's attorney has realized that MSU can release historical news that has been accumulating for the past several months. Either way, the silence is officially over and Wyn Holloway is ready to repair the damage the stock has suffered during this inane "quiet period". Btw, the registration involved conversion of some $2 million in debt to 1,333,000 shares of MSU at $1.50, a price reduced from the original $3/share conversion price. I have little doubt, but neither do I have any evidence or information, that Holloway told the noteholders to "pack sand" and plan for a conversion at the original $3 price. Or possibly paying off the debt outright sometime this year. I say this only because I have met Wyn Holloway and he has a proclivity for telling people where to go when they attempt to force terms upon him. The reduction of the conversion price from $3 to $1.50/share couldn't have been sitting well with him. Again, the above is sheer speculation based on Holloway's personality. I have no concrete evidence. But the fact that MSU is once again issuing press releases is a MAJOR sign that something significant has occured with regard to the registration process. I, for one, concur that the bondholders should "pack sand" and prepare to convert at no less than $3/share. Less dilution that way. Regards, Ron