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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Kurt N who wrote (855)	6/17/1998 10:09:00 PM
From: Shawn Springer	Read Replies (2) \| Respond to of 7039

Kurt - I appreciate your response. However, regarding the first point - John Spriggs essentially was the "public" company Midland when the reversal took place. I am assuming he was the one to make the descison (hopefully along with the Board of Directors), so my point stands. Of course, the whole argument is pointless if they do not possess the rights to DF144. It seems that is what Spriggs is pursuing - so why would'nt MIDL pursue the rights to DF144 directly?? On the second point, the legal baggage associated with Fisher seems to be connected to MIDL - he was the President of MIDL when this all came down, not Arcon. As far as Fisher having any rights to stock - I would bet any lawyer worth his salt would be able to have that declared null and void because of fraud and many other reasons. It seems that with the current scenario all we have is a "Shell" -clean or not. No assets, No employees, etc. The only thing MIDL has to offer anyone now is an easy way to become Public quickly. Having not brought a company public, I'm not sure what that is worth, but I expect we will find out soon as the market continues to reduce the price of the stock.