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

To: Mike Roberts who wrote (1212)	6/22/1998 5:08:00 AM
From: Kurt N	Read Replies (1) \| Respond to of 7039

>>I guess my point Gary is that if nothing is in MIDL then why is the stock still at .40?<< Because this stock doesn't have 100 million shares outstanding, and the public float is small. You must be used to shells with 100+ million shares. Market Cap Analysis. 117k MIDLP pre-split * 52.5 MIDL = 6,142,500 MIDL fully diluted +1,000,000 MIDL public float +1,400,000 MIDL insider held ----------------------------------------------------------------- 8,542,500 MIDL fully diluted MIDL market cap: 8.6 million * .40 = $3.44 million TVSI market cap: ~230 million * .02 = $4.6 million. You never did respond to my response regarding a 'squeaky-clean' shell with no over-head on it, with small shares OS, that was trading for $.40 or less. I'll even waive the small share OS requirement, the price may be more to your liking $.02 but the market-cap will be comparable. Kurt

To: Mike Roberts who wrote (1212)	6/22/1998 5:37:00 AM
From: Ed Hoftell	Read Replies (1) \| Respond to of 7039

Mike, For a comparison,take a quick look at the FBRR thread. It is just a dead shell--but a good one--ask is still .43 ----ED

To: Mike Roberts who wrote (1212)	6/22/1998 7:21:00 AM
From: Ga Bard	Respond to of 7039

As a Private Investor: Well in my personal opinion. we had it accumulated and the warrants were the covering agent for any short position. Well .40 is where no one is buying but where selling is steady. it is cheaper to buy the common to cover a short position than the warrants. the warrants would cost .56 and the common is .40. Since we have established it is not wise to convert the P the P is not an opinion to cover a position. Some however picked up on this trading. Also People are holding and not getting emotional to see what the legal process uncovers. With the big run up some got out and thus lost some of the foundation that took 9 months to build. If we were in time and the stop transfers were in time then we really have not lost anything yet also. So those selling are taking a loss because they sold or are selling and that is the right of every shareholder. Averaging down might be occurring also because some know why they bought this stock back 9 months ago and might be hanging in there. Newbies might be buying on the antcipation of a new corporation coming coming in. Heck people are strange but this is the market and if everyone thought the same then there would be no up and down price in the market. When this is all said and done there will probably be no short position in this stock I believe and if there is it will be because the stop transfers caused it ... JMO GB