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

To: Dusty who wrote (3444)	6/14/1998 10:02:00 AM
From: Ga Bard	Respond to of 4142

With Midland and Midland shareholders the victims here from what I can figure out that is why there are stop transfers. Those stop transfers are not going away. SO in order to clean them out they apply for a new registration and CUSIP. Then they send out the cerificates for the legal share holders that have been buying on the market along with the split shares. Then I think they audit the books and offerings and if there are legal shares then they swamp out the certificate. Now I do not know this to be a fact nor has the SEC attorney advised me of this but if I was on the board I would be doing exactly this. Remember Dan and Affiliates was mentioned inthe news release so they do not know how many Dan issued were legal or to affiliates. Since no one knows who maybe one of his affiliate they just start over. Just makes sense to me. GB