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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?


To: jhild who wrote (573)6/12/1998 2:29:00 PM
From: StandFast  Respond to of 11684
 
Just to help you out here is a repost of Known information:
MTEI "MOUNTAIN ENERGY GENERAL OVERVIEW" from Tod C

Corporate Information
Ticker Symbol: MTEI (OTCBB)

Mountain Energy Inc.
7700 San Felipe, Suite 480
Houston, Texas 77063
(713) 334-4111

Jack Uselton -- Chairman and Chief Executive Officer
R. David White -- Vice-President, Director and General Counsel
Winston Overstreet -- Vice-President of Operations
Quentin Moore -- Vice-President of Exploration
Management team has more than 200+ years of experience.

Investor Relations contact
George Guttman, 212/293-9034 or 718/951-0260
===============================================================

Brief Summary
Mountain Energy Inc. is in the business of acquiring primary
producing reserves along with the development and production
of passed over developed domestic oil and gas reserves
utilizing modern technology to find and enhance production.

Mountain currently owns 30 separate properties in West Virginia
with approximately 1,300 acres owned in fee and an additional
1,300 acres of mineral rights. Reserve estimates by the U.S.
Geological Survey (''U.S.G.S.'') indicate in excess 10,000,000
tons bituminous coal. This low sulfur, low ash content, high
BTU, clean burning currently sells for $25-$28 per ton. With
cost of mining and transportation estimated at $11-$15 per
ton, this will show a $10 per ton conservative net profit,
(representing maximum cost to mine and minimum selling price),
providing net asset value in excess of $100,000,000, with a
potential of $170,000,000. The U.S.G.S. estimates also indicate
in excess of 2 billion cubic feet of coal methane gas. This gas
currently sells in excess of $3.00/MCF 1000 cubic feet. In most
cases this gas is subject to an alternate fuel tax credit in
excess of $3 MCF, for an estimated value of $5/MCF valued at
$10,000,000. This translates to approximately $2.85 per share.
History indicates that U.S.G.S. estimates usually represent 25
percent to 40 percent of actual minerals in place.

Mountain Energy has received acceptance on its purchase offer
to acquire an additional 8,000 acres of mineral reserves in
Lincoln and Raleigh counties in West Virginia. (Use the
numbers from the preceding paragraph to extrapolate the value
of 8000 West Virginia acres.)
===============================================================

SHARE INFORMATION

TOTAL SHARES AUTHORIZED: 70 Million
RESTRICTED SHARES: 50 Million
SHARES OUTSTANDING: Apx 20 Million
SHARES IN THE FLOAT: Apx 14 Million
===============================================================

DD summary
Message 4810635

Mountain Energy Info Thread - Nice summary in header
Subject 21194

Recent Press Releases
06/08/98 Message 4780025
05/29/98 Message 4623154
05/21/98 Message 4814082

Old ICVI Thread (ME acquired ICVI through a reverse merger)
techstocks.com
===============================================================

OTC:BB Exchange Info:
otcbb.com

NASDAQ & AMEX LISTING INFO:
This site lists the requirements for NASDAQ Small Cap Listing:
nasdaq.com
This site lists the requirements for AMEX Listing:
amex.com
===============================================================

PLEASE NOTE:
I am NOT associated with this company in any way. I am an
individual investor with my own opinions. I don't give advice.
Questions should be directed to the appropriate source, many of
which are listed above. Everyone is urged to do their own
research before investing in anything.

Have a Prosperous Day,
Tod




To: jhild who wrote (573)6/12/1998 2:32:00 PM
From: Tod C  Read Replies (1) | Respond to of 11684
 
ROFL. Great DD on a now defunct company.

However, this is not applicable to MTEI. And if you think that somehow it might be related, may I suggest you call Jack Uselton and run this history by him and see what he thinks.

After Jack gets done laughing, he'll probably wonder why some people just have too much idle time on their hands.

ICVI is no more. Christiansen and Gort will not be involved in MTEI after the transition is complete.

Tod



To: jhild who wrote (573)6/12/1998 2:42:00 PM
From: Moonglow  Read Replies (2) | Respond to of 11684
 
jhild,

You know, at the risk of being bashed myself....I gotta tell you that that was some great detective work! Really top-rate! I mean it!

And John Christiansen sounds like a VERY smart guy! Looks to me as though he went around creating different corporations just in case he might need them someday. That was a BRILLIANT move on his part!

So....the first ones didn't seem to pan out too well, so then apparently he runs across Jack Uselton who needs to get public, and he tells him....hey, I've got a corporation all ready to go if you need one.

And so then ICVI buys out Mountain Energy, (which John C.) is already President of.....and then John is out, and Jack U. and crew take over.

THAT IS BRILLIANT!!!! That is absolutely BRILLIANT!!!!

I LOVE IT when people do stuff like that! Cause it's not illegal, it's just having foresight and being ready and being in the right place at the right time.

And now then, since we know more about the past of ICVI, etc....it is now, once again, time for us to look into the future....with Jack Uselton and crew in charge.

Juanita



To: jhild who wrote (573)6/12/1998 2:47:00 PM
From: Moonglow  Read Replies (1) | Respond to of 11684
 
Oh....and BTW, forgot to tell you....the reason I got so impressed with what was done with the corporations, is because I have helped to set up many a corporation myself.

It's easy to do....and as long as one pays the yearly fees, you're in good standing....even if you are just a shell. But when the time is needed, the corporation is there....ready and waiting!

That was SO COOL!!!!!

Juanita



To: jhild who wrote (573)6/12/1998 2:48:00 PM
From: Blitz  Respond to of 11684
 
That's some nice DD

But the only problem is, you wasted your time.

I am not sure if you are aware of pf the following facts,
but I strongly suggest you read them and remember them:

1. MTEI has nothing to do with Christensen or any of his
past or present business dealings.

2. MTEI is longer retaining the services of Joe Gort,
they are in the process of hiring another firm in
California, who will REPLACE Joe Gort.

3. MTEI has absolutely NOTHING to do with casino boats.
They are entirely into the energy business, Oil, Gas,
and coal.

4. MTEI just purchased another 8,000 piece of land,
and is currently exploring several other acquisitions,
including land, as well as partnerships with other
energy companies.

5. Jack Uselton and his other five associates have a combined
total of over 200 years of experience in the energy business.

6. MTEI and its management are now the people who are in charge
of MTEI, formerly ICVI. They now control all the goings on
of the company, and are well poised to do so.

7. MTEI has the potential to progress and grow to be one
of the most successful energy companies in the United States,
and are achieving that goal as we speak;
despite several unfounded rumors & MISINFORMATION,
despite the attempts to smear the company's image, and to
despite the constant attempts by paid shills, and individuals
and firms who hold a short interest position in the company,
be it illegal or not.

8. MTEI has shown the investing community that it plans to,
and will, make the company and it shareholders very satisfied.

You may want to print this out and keep it handy,
as some people with ill agendas, have a certain
ailment, in where they forget about the hard facts
of this company, as continue to deliberately post
misinformation, in the hopes that they may cause
investors to become confused, or become unsure
and sell out their position in the company.

In closing, the investors of Mountain Energy are
privy to the constant attempts to degrade this company,
and are a strong community who persist in their mission
to engage in Due Diligence and share with all,
the developments, success, and forward movement of Mountain Energy
and its goals into the future.

Thank you



To: jhild who wrote (573)6/12/1998 2:54:00 PM
From: DG Cruise  Read Replies (1) | Respond to of 11684
 
Ms hild and your husband shell have a great company in FBN, I wish you both the best of luck and much happiness.



To: jhild who wrote (573)6/12/1998 5:30:00 PM
From: Little Engine  Read Replies (2) | Respond to of 11684
 
Now THAT is what I call some great DD...

Selling screwdrivers over the internet? How appropriate. A "Rocketeer" concept if I ever saw one.



To: jhild who wrote (573)6/12/1998 6:57:00 PM
From: Joe Copia  Respond to of 11684
 
wow. no wonder BD is trying the "right" way.

When will the puppies learn.

Joe PTG&LI !!! heading for cover



To: jhild who wrote (573)6/12/1998 9:03:00 PM
From: Just-a-thought  Respond to of 11684
 
Evening child,

So you're into 'History' & like a 'Good Story' do ya....

Try these on for size!

I'm not out to change 'American History'....but...
Is it fiction or is it fact?

The 'real' reason 'ole Sam Adams' and the boys
dumped those 342 boxes of tea into the harbor was...
They were already engaged in a enterprise to sell
tea on the 'black market'...and the British
(MM+shills='moi', janice, 'lil' eng. 4th-wrong, etal)
were trying to muscle in on their territory...
by selling tea at a 'lower price' even with the tax!!!!
So in order to protect their 'Market Area' the guys
'dumped the tea into the harbor', creating a 'shortage'...
used the tax as an excuse....and then...
tried to blame the poor indians!!!!

Their strategy worked!!....the rest is 'history'

Imo, the 'Boston Tea Party' was the 1st.....
'reverse merger' ever recorded...it worked!!
and went on to give us...
'The 1st Ammendment'...'IRS'...You 'Rumpswabs'...
'Swine Flu vaccine'...'The Edsel, 'Barbie' & 'Hula-hoop's',
and on and on....(ticker-'USA')

Sam Adams was a 'visionary' he knew that..
the 'peoples' love of tea would not last...so...
in later years he started a....
'Brewery'...and his buddy 'Paul Revere'...
bought some land in Kentucky and started....
a horse farm.

Lt.jat



To: jhild who wrote (573)6/12/1998 9:07:00 PM
From: Just-a-thought  Read Replies (1) | Respond to of 11684
 
'HEY child, you make your livivg abusing the '1st Ammendment!'....

>>>>>

Now for the 'Rest of the story'...'For our 'Newbies!'

DISCLAIMER.....(to all historians...sorry)

I'll try to be brief,....but keep in mind..
we're talking 200+ yrs....(before 'MTEI'and the 'STARSHIPS!)

The 'tea thing' on Congress St... & Atlantic Av...
or there abouts..1773 - The 'Boston Tea Party'.
(the 1st 'Rocketeers!' aka 'Sons of Liberty' according to 'Walt')

Then stuff happened for a couple of years......
which brings us to....1775 - By then,
'The Brits'(MM's shill's and 'Rumpswabs!)
had, had it up to their 'ears'..
with 'us'!!! and outa 'frustration'.....
Fired on 'Monica's grandma x4' people,
at Lexington and Concord up until then 'a' minuteman'...
had never been 'said no to'...(blame 'ole Tondalayo')

1776 - A year later and (we the people) felt that...
'Ole King George III' wasn't getting the message, .....
please keep in mind that 'ole Georgie the third's subjects'
were already unhappy with his 'domestic policies'....
not to mention the way he was handling 'Foreign policy'..
Realizing this ...the 'Continental Congress'...
(originators of the term CC)...
decided to blast an E-sail to the 'British people'..
and their Parliment'...with a cc...
to 'Georgie the third'...Basicly the E-sail stated,

"We think you stink!"...

Otherwise known as the "Declaration of Independence"...
This was sent to them in 1776,...
They either did not understand...or didn't get..
the message until 1783...
(you know how slow E-sail was){no fed-ex, or ups then!}
They met their 'Waterloo' at 'Yorktown' in 1781 (hello!!!)...
Their 'Parliment' then got the message...
and decided to sign a 'formal treaty'...
recognizing the independence of the Colonies.(1783)
What we found ourselves left with was,
the fact that the 'Brits'....
finally realized that the 'Colonies'...
were a non-performing investment..and/or..
'trading post'....Consequently the Colonies became a...
'perfect empty shell' for a....you guessed it,
a 'reverse merger!'.....

J. Hancock (insurance mogul) felt that a symbol change....
was necessary....'New World' he felt was old......
'Colonies' was already being used...
by the rest of the world...
(with various sundry conotations)....
he was looking for something fresh!
Hence, we became "America" aka (sym) 'USA'.....
"Home of the Brave".."Downtrodden"...
"Lafayette"......"Statue of Liberty"....etc.
(sorry to skip ahead but again this is just an overview)
That brings us through the 1800's, they weren't easy!..
(but, by then we had a solid base)...

Brings us to the 1900's....
'Too bad about the Titanic'...
'World War 1' ('child, Little E., Janice & Fourthwrong/Biggs' were born)
If only that 'Sovereign' could have avoided being 'assassinated',
he could have saved us from '2 world wars!'. (boy what a loser)...

Which brings us to the 1950's....

Let me cut through this 'cause it's already too long!
'The Marshall Plan' (I know,'46') & The baby boomers get their potty
training!','The McCarthy Hearings' ....'Elvis'.....'The Beatles'...
'Barbie' & 'Big Wheels'...'Nixon'...The 'Swine Flu Vaccine'...
'Billy Beer'...'Houston we have a problem'...
'Iran Contra'...'Andrea Mitchell & Alan Greenspan'...

Which brings us to, 'O.J!'.....
(sorry but he really ...k's).....

Let there be 'No mistake I could go on and on....
just-a-thought ....about 'Ken Starr'.....HEY!-'Kenny'.....
leave 'Tondelayo's.....greatx4 'grandaughter' alone....

'The Present'......there's no ending or telling where...

'The Spirit of America' will take 'US'.

'IN GOD WE TRUST'....(as seen on the flip side of a 'USA' cert)

Lt.jat($have-tail)



To: jhild who wrote (573)6/12/1998 9:11:00 PM
From: Just-a-thought  Respond to of 11684
 
Hey child, (which one are you!)

There are two ways to short a BB stock...one Illegal...
the other.....unethical...
1st the illegal one: (MM's can't legally short under 5 bucks)
Lets say you go to the super market a buy 'apples'....
you pay for them....then bring them home...easy...
Then other people go to the same market and do the same thing...
Pretty soon they run out of apples....the store calls their
normal supplier of apples and finds out...they have none either..
The store then goes across town or out of state for their new
supply of apples....but the price goes way up!!....
The next time you by apples you might pay twice as much!
All because ...you and others brought your apples home with you.
When you buy a penny stock and don't take posession of your
shares.....guess what....they can (illegally) sell the same
shares to someone else!!!..
(cause you didn't bring your apples home).....How many times
have we been in a penny position, watching buying all day,
and the price barely moves....
Not all MM's do this....but enough do, to make our trading
that much more difficult......you might think you have a
'float covered' and yet the price stays the same...
Then you can have MM's trading amongst themselves just to
'inch' the price down.....ever see 5 or 10 buys....and the
price goes down?......another one of their tricks is to
delay a 'buy' to make it look like a sell!.....
You already have my position on stop loss trades.
They're just trying to induce a panic-selloff so they can pick
up some 'cheap shares'....if you fall for it 'you lose'....
then you try to buy back in....get caught in a runup....
and end up on the backside of another trade....(greed)....
Theirs and 'Ours'....

Now the unethical one:
(i'm not saying 'New To Area'....
is doing this. I'm just using his post to illustrate)
Another way to drive the price down is to 'construct posts
that will create 'Fear, Uncertanity & Panic''....
If enough people create enough negative posts they can drive
the 'Ask' down......and or prevent 'new investors from buying'!.
Here is NTA's post from the "HOT STOCKS???" group...
>>>>>>>
Subj: ICVI
By: NewToArea
Date: Feb 7 1998 4:47 P.M PST
Reply To: Msg. 2824 by auggieee
Some people have already lost almost 50% of their investment.
Nothing
but rumors. The pending news can't be that good. Make sure you
read
posts #149 thru #161 on the ICVI thread. If you like what you
read then
buy it. I wouldn't. <<<<<<<<<<
If he read the whole thread like ---'I have repeatedly asked'---
He would of realized, that none of us here have any 'SOLID'...
INFO, 'WERE STILL WAITING'......
NTA goes off thread to 'HOT STOCKS???' and....
(again IMO, at the time)....tries to get 'Future Investors'
to read the posts 'HE' wants them to read....
Because of the total lack of news I have asked "NEWBIES"
to read everything!!....Then make their decision!....
My reason for attacking NTA was to 'nip something in the bud',
or at least try to bring it back into the thread....
"Where it belongs"

Just-An-Elongated-Thought

Lt,jat($have-tail)



To: jhild who wrote (573)6/12/1998 9:21:00 PM
From: Just-a-thought  Read Replies (1) | Respond to of 11684
 
I think I know why you have a attitude...it's a 'reincarnation'...
kinda thing......you're still Po'd....cause you used to be a....
'South African' 'Dung Beetle'......understandable (lament) ...

HEY! Remember this from the other night!!!! STILL WAITING!

>>>>>>>>

Evening child,

I've had a long day,..............
(cause I've had to live within my/our/this threads.....
newly adopted RULES!) and so have you!....

If you 'really' want to continue this 'discussion', just respond!
Cause i'm 'HUNGRY!'....(full of 'testosterone', 'frustrated',
love to do 'keyboard combat') also a 'member of 'AARP!'....

Hope you have 'Medical Bennies'...for 'Phych. services'.....

Will give ya 30 minutes to 'call the boss' or 'THROW UP'...

(which ever comes 1st!)

I gotta walk 'myself' & 'Millie' (my dog)....

cya

Lt.jat($have-tail)....ps keep in mind 'the 'BULLs' are on tonight!

<<<<<<<<<<<<<

Lt.jat.....ps...There ain't no re-runs of 'ELLEN' tonight!!!



To: jhild who wrote (573)6/12/1998 11:12:00 PM
From: Tod C  Read Replies (3) | Respond to of 11684
 
I received the following email late this afternoon from the state of Nevada concerning their website information.

Mr. Winston Overstreet - Vice President of Operations for MTEI - confirmed the only link between ICVI and MTEI is the acquisition of the BB shell. Mr. Uselton was not available today as he had family in town. If Mr. Uselton is available Monday morning, I will speak to him then.

If you have questions, the company is available and their office is open for your visit. The phone number is in the thread header.

After spending hours on the phone today discussing Mountain Energy with Mr. Overstreet and several experienced people in the mineral, oil and gas industries, I feel comfortable with the direction of the company and will maintain my current holdings in MTEI.

Have a great weekend.
Tod

-----

We do not, as yet, list amendment information on our Web site. From that information which I have brought up here in this office, I see that Mountain Energy, Inc. has changed names several times:

from International Casino Cruises, Inc. in 1998
from Riviera International Casinos, Inc. in 1997
from Luma.net corp. in 1997
from Summary Corp. in 1996
from Baker stage resources, inc. in 1995
and from Solid Gold, Inc. in 1987.

I hope that this has been of some help to you. Thank you for using our Web site.