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


To: Janice Shell who wrote (914)6/14/1998 10:18:00 AM
From: ColleenB  Read Replies (1) | Respond to of 11684
 
Which press release are you referencing? I'd like to look at it myself, please.

colleen



To: Janice Shell who wrote (914)6/14/1998 11:11:00 AM
From: ColleenB  Read Replies (2) | Respond to of 11684
 
>>How are a group of oilmen able to acquire several thousand acres of property in such a short period of time? >> I do not understand why you ask this question....in any press release I've read, there has never been any mention of time frame. Press releases do not account for time spent in negotiations....only the end result.

It would be reasonable to assume that at the time of acquition of MTEI by ICVI (May 21 press release), MTEI already had been in negotiations of acquiring the 8,000 acreas of property in WVA (to add to their property in the area)(see May 28 press release), hence the press release on June 8th.

I hope this has helped you out.

colleen



To: Janice Shell who wrote (914)6/14/1998 2:39:00 PM
From: Dixie7777  Read Replies (2) | Respond to of 11684
 
i don't believe the "properties" are in a "public corporation." It was told to me that MTEI has ONLY the mineral rights to the properties.

i would then believe that the deed's to the properties are still in the hands of the monied "investors" that coincidentally are owners of the 50 or so million shares of RESTRICTED stock.

That in fact appears to be their incentive to grant the mineral rughts to MTEI, and why we will probably NOT see any transfer of cash for those mineral rights. the land is still owned by the investors and or a company they own, IMO.

rich



To: Janice Shell who wrote (914)6/14/1998 3:33:00 PM
From: Dixie7777  Read Replies (1) | Respond to of 11684
 
Janice, I cannot thank you enough for one of the most candid posts I have seen in a long while. Message 4856412

Furthermore, it speaks volumes for all our fellow posters here on this thread to see the genuine interest you and your group take in our collective financial futures.

Now that you've begun the "vetting" process, how can we encourage you so that you might enlighten us further and define with clarity those shadows, those rumors of your and your fellow FBNA cohorts involvement with a certain canadian brokerage firm or firms, that is/are supposedly involved with your people in a US BB stock shorting scheme. Absolutely legal of course... in Canada. Not in the US. And if the rumors are true, certainly not legal when tied together with the FBN's curiously timed bashing of a variety of BB stocks here on the threads.

Further assumptions, driven by other rumors have your group working as freelancers in this purported US BB stock shorting scheme. I would believe SEC authorities would be willing to listen to any of you individually if you were in fact free of any such rumored activities, but capable and willing to "talk" to them about these rumored freelancing activities, if of course, only if, they are more than rumors. And we all realize that these far fetched rumors are only that, rumors. Don't we Janice? Could it be that some of you are not aware of the private actions conducted by others in your group? Could it be that the rumors are misguided just because of freelance activities by "individuals?" Maybe things are not what they appear to be even WITHIN the FBN gang. Not just to the outsiders like ourselves.

After all, the FBN gang is an independently wealthy group of young and retired people, that devote most if not all of their waking hours to doing necessary research and DD in stocks that they don't own, or intend to own, just for the good of their fellow man... and woman. We all know that, right???