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


To: Dusty who wrote (1175)6/20/1998 3:23:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 7039
 
As a private Investor: Dusty, I suggest you go hire legal counsel and pursue the patents because the patents are NOT what caused all of this. I really wish you all the best on this tangent you are off on. I have spent many hours on this stock researching as a lot of others. Now suddenly you want to be the voice of all the shareholders.

1.) the original invesntors hold the actual patents to my knowledge
2.) though everyone was informed they have the rights no one to my knowledge saw the contact or anything and I doubt will be seen as to any connection to the original inventors except for what the prospectus states and what John and Dan has told everyone including me and others that bothered to call. where were you when all this was going on months ago. (A lot you want is I believe going to take an attorney)
3.) I am not going to set myself up for stating that anything on the patents is wrong or a lie because that would be untrue nor do I know for a fact that anyone has rights to anything. All I know is everyone is claiming to have or had those rights whether actual or not I can not verify and I doubt anyone ever will and probably end up with a judge making that decision. Plus the information is going to have to come from a legal request for all documentation. That requires a lawyer to get the information you want and I doubt you really want to pay for that but that is your previledge.
4.) What they told me about their relationship was they have/had the world wide rights to the patents which was what all the news releases and so forth were based on. What they told me is what they told EVERYONE and is in print in the prospectus. There is a lot of people claiming they have this and they have that and where is this and where is that. So I cannot tell you who has what for a fact.
5.) As far as finding out the inside information to the patents I tried all I could to get what I could and I have posted everything I got. Most was verified by others at the time including Mr. Gordon Stuntz of Exxon who was satisfied enough for Exxon to request the testing and Coastal did not dispute the test results nor SGS.

Now I really do not know what you hope to discover or even try to accomplish with all of this. You are off on a tangent. Dan Fisher has allegedly done us all in and "why" is not something I can response too because I am not a seer or mindreader. Whether Dan has a connection to DF-144 or John or Novagaz holders or anyone I do not know. Now if you think you are going to step back in after all this and try to focus on the patents then you are sadly mistaken. You are going down the wrong trail period.

The issue of the shareholders is did I inform Mark in time so when Mark put the stop transfers on Dan did the stop transfers catch Dan before he made off with all the stock and money. Now if Mark was succesful then Midland will recover said stock and money after a judge rules on it. Because this is America and everyone has rights and the defendants especially in our society.

All this mess of the patents is in friendly talks with John Spriggs and Midland. John has stated he has to clear up some issues with the patents he claims to have which do not need to be linked to the original patents as per his conversations with me and other investors. John does not have a lawsuit pending to my knowledge. John may have what he claims to have and the patent attorney is Dan Fisher's from my understanding. Maverick has plans to build a plant but until someone can exclusively prove the patents and ownership bulding that plant is a moot point because you cannot sell what is not rightfully yours.

The morning of his resination John told me he was going to do what was in the best interest of the shareholders and BOOM he calls me that night and states he resigned. Now do not ask me about WHY he resigned because I do not know nor do I care. If he has all the patent paperwork then by all means bring it to the table and lets get on with it. Until he does have all the paperwork this is all a waste of time and posting. we have an SEC attorney working in our best interest to do what has to be done and is talking to John. PERIOD.

I can tell you this though Arcon will not be back nor Dan Fisher and if either are attached to anything I do not think Midland shareholders would really want either back in. But hey that is me.

Now the news release states clearly they are in friendly negotiations and until that is resolved in a deal it is not something I would hope for and I personally right now could careless especailly if Dan Fisher is attached to it. Now if it is just John Spriggs that is another situation but that is in the hands of John Spriggs, Midland and no one else.

John could or could not be connect to Arcon Idon't know except he resigned and is not part of the equation until he comes to the table with full disclosure.

ONE MORE TIME:

The issue of the shareholders is did I inform Mark in time so when Mark put the stop transfers on Dan did the stop transfers catch Dan before he made off with all the stock and money. Now if Mark was succesful then Midland will recover said stock and money after a judge rules on it. Because this is America and everyone has rights and the defendants especially in our society.


Until this concludes there ar 4 deals ont he table and a JV which is going to hopefully put another corporate with assets and all in this shell and that is exactly where we stand at this point

Now if you want to pursue this tangent take it to the Arconenergy board. DF-144, Arcon, patents, John Spriggs, are not part of the Midland equation ... Only Dan Fisher and his affiliates are.

Hope I have explained this as a private investor to the point that you truly understand. The patents may or may not be a problem at all so please focus on the issue. If John does not have the clear paperwork to the patents then what you are after is nothing and will get nothing and John is presently according to him umemployed.

GB (private investor post)