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

To: Jack of All Trades who wrote (968)	6/18/1998 5:01:00 PM
From: E Richter	Respond to of 7039

Probably... But I won't believe that the shell is the same until I see the damage report - do you think the company considers that confidential? The stop transfers should have done their job by now. I would like to know: How much is gone out of the bank accounts? (and I don't mean "everything") How much damage from warrant exercise? How much damage from illegal Ps. Doing the split maxed the shell out on the approved P and diluted the market. That limits the new owners ability to raise funds. So I would say the shell is somewhat damaged. In this day of computers, it is extremely easy to make sure that the DTC and the Transfer Agents have all the restricted shareholders names and share counts. What happened here should have been stopped at either one of those places. ER