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

To: Don Parker who wrote (1179)	6/20/1998 4:09:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 7039

As a Private investor:No offense but this should be on the Arcon thread but I will answer it however this is my last post on this subject until it comes into the Midland equation. I believe John has something but I am not sure what or if he has exclusive rights or anything of what he has stated he has developed. I know Maverick has a plant on the drawing board ready to construct. If John has what he states then the patent would probably have to be renamed something other than DF-144 again if does have what he states. As far as what or why he would come with/to Midland for assistance I cannot answer except he states he has a moral obligation and he has told most who bothered to DD this when it was a part of the equation that he was going to sign said patents once he does apply for them to Midland. That remains to be seen. I do not care whether he does or does not for that is in the hands of the attorney and John. As per the news release they are in friendly discussions. All I care about is getting another corporation in this shell to give us some assets and value to our holdings and hard earned money we invested. Now since most do not understand shells and can not figure out why a corporation would want to go public in this shell. Simply put MONEY ... if they reverse merge in and the money is brought back into the company the new corporation will get it if the reverse merger is concluded with a shareholder meeting, along with a name change and new ticker. Also this stock structure is another prime reason plus the cost savings of an IPO which is why I bought this investment to start with. I have a paper loss also as like eveyone else. Now the split is simple it appears it was announced and that was all that was done. No paperwork nor application for a CUSIP heck nothing and all that is being taken care of. Now whether Dan decided to issue a stock split to get people to buy in so he could sell out I do not know. Decide for yourselves but regardless that has to be done the same as the .50 warrant exercise price does also which was lowered to get people to exercise them and then Charger another die hard researcher brought ot my attention that Dan was telling people that he was going to put a window on that which in my opinon was to force exercising of the warrants to get those funds into the Midland account which is where the embezzlement and misapproriation of funds stems from but I am NOT sure of this.. They have stated that in the news release because it has to be done ow on both accounts and Mark is working diligently to get these matters claered up as well.. Now as far as this particular shell goes it was a coffe company and some people did some things to get the SEC to make criminal charges and that case is settled. There is a civil suit which names Mr. Marsick and Mr. Pierce but not Midland of which Mr. Pierce is not part of the NY civil suit any longer since his case has been severed from that suit. Now a civil suit is not that they did anything wrong but the next step after a criminal suit to see if anyone on the inside made any profits from the wrongful doing. A simple check of the trading logs and accounts would be all that is required but they do it in court as per the legal system we all live under. Anyway assets of Midland were sold off and it remained a shell till October when New Departure came in and because New Departure had great potential revenues and international deals it did not and was not anytime soon going to have the assets required to move to another board. Then a casino came in for the assets but shareholders were raising cain so they sold/traded/rescinded whatever the casino off in less than 30 days. Then Arcon came to plate with 16.5M in assets and tremendous prospectus of revenues and all. So they reverse mergered in Arcon and New Departure went back private. Now that is the shell history summary to the best of my knowledge Now once this Dan issue and all is finally put is a escrow, resolved or or something that is where we stand. Now as soon as the Dan scenario is placed in something a new corporation would see true benefit to reverse mergering in my opinon and then change the name and ticker and get on with building its future. That is my personal take on the situation. GB Now as you can see bringing another corpoartion in is not going to be difficult because they have money possibly coming from the lawsuits on Arcon and Dan Fisher and his affiliates and the warrants being exercised is another source of income. Also if you have been watching the trading of the trilogy the common is seeling at .40 and the bid is not dropping because that is where no one is buying but if they take it any lower people will. SO any short position is being covered that has been losked in for MONTHS. The common is now cheaper to cover a short position that exercising the warrants. Also we must still have a large part of the MIDLP because the dang thing ticked up on 1000 share buy. This stock has a solid foundation of investors plus others like yourself that refuse to sell for a loss so most of this stock is not available. There is so much more to investing than just the fundamentals. Now this is my opinion and only mine. GB