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


To: Frank Fontaine who wrote (3684)6/16/1998 1:02:00 PM
From: Jera Poole  Read Replies (1) | Respond to of 4142
 
Frank, It all depends on the integrity of John Spriggs and the worth of DF144. Nothing else has changed. The December 10Q stated in easy to read big letters that the company does not have and has not had any source of revenue. It's all in future value, if any. Anyone who did DD before buying should not be suprised to discover there is NO MONEY.
Hanging in.
JP



To: Frank Fontaine who wrote (3684)6/16/1998 1:08:00 PM
From: James Mitchell  Read Replies (1) | Respond to of 4142
 
Look, though I have been viewed as a naysayer in previous posts, I'm now going to offer support. The old "if you sell now your losses are real, but if you hold, it's only paper."

Even companies which were total scams like IDID (i believe that was the symbol), still trade(d) and even had up days after admittedly being scams. I'm not saying this is the case at all with MIDL. All the stock offers and figuring out when to convert this and that and free shares, it all smelled funny. But behind all this, there may be a real product. Some hope.

We were all hoping, as with any stock, that our return would come sooner than later. That's what it's about. Now either the product is real, and the small downside is that this has turned into a very long-term hold, or the product is not real or will be lost in the miasma of scandal, never to surface.

With the warrants trading as a micro-penny, I've got nothing to lose.
Literally. Long.