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


To: Ed Hoftell who wrote (1329)6/23/1998 5:55:00 PM
From: jeffrey rainey  Read Replies (3) | Respond to of 7039
 
Ed

This stock has it all, a REVERSE MERGER where the parent company gives up control for months to a company that doesn't hold a stockholders meeting, has complete control of the stock and check book.

Publishes an investors perspectus stating in writing that they have purchased the patent and world rights to a new and exciting chemical process trade marked as DF-144.

Publishes multiple releases only to have them clarify multiple times.

Allegedly Accuses the CEO (Fisher) of fraud and theft

Reorganizes with the old COO Spriggs now in charge and DF-144 safely in the hands of MIDL.

Then replaces the newly installed CEO Spriggs, so that they can go after the ex CEO (Fisher) For allegedly misappropreating funds and or stocks.

But stays in "friendly" negotiations with John Spriggs for the construction of the DF-144 plant upon which John Spriggs' has already agreed to cancel his 50,000 Preferred Series "B" stock thus reducing the total dilution 7,500,000 common shares. Also the company is in continuing acquisition negotiations and possible joint ventures with other corporations with audited assets and revenues.

Then we get Gary Swancey, Private Investor who for reasons completely beyond my comprehension has agreed to suffer the slings and arrows of the thousands of SI posters whom have lost their hard earn cash to this possible SCAM. JUST MY OPINION AS A PRIVATE INVESTOR.

Investor Relations will be handled out of Atlanta by private investor Gary Swancey who has offered his services free of charge. The Board of Directors feels it is in the best interest of the shareholders to accept Mr. Swancey's gracious offer to assist the company during this transition. Mr. Swancey has been in communication with the company almost daily since he became a private investor in October of 1997. He is extremely knowledgeable through his own personal due diligence of the company's history and stock structure.

As more corporate matters conclude we shall keep our shareholders informed in a timely matter in the form of news releases.

Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties including, without
CONTACT: Midland Inc. Investor Relations
Gary Swancey, 770/389-5645

Now today I return to work and find another Interesting piece of the MIDL/ARCON ENERGY PUZZLE

BW

--------------------------------------------------------------------------------
DALLAS--(BUSINESS WIRE)--June 23, 1998--Midland Inc. (OTC/BB:MIDL) CEO Daniel Fisher announced today that a special meeting of the Board of Directors was held in Dallas to address the inappropriate actions of Mark Pierce, the corporate secretary.
A three-page due diligence report was issued by Midland/Arcon's corporate law firm, and its findings are that Pierce has no authority to:

-- Announce verbal resignations that are false;

-- Accept resignations of Board members without notifying the

majority of the Board;

-- Create two meetings of which one Board member was present and

the other two were purposely not notified; and

-- Rescind the Arcon's reverse merger after a meeting with one

Board member without notification to the two other existing

Board of Directors, which does not constitute a proper Board

meeting.

Fisher stated, "On June 16, 1998, Mark Pierce put out an illegal notice about Midland, Daniel Fisher, which is not true. In a press release, Midland announced a new Board, but it did not name the new members, which is more of Mr. Pierce's corporate propaganda because there are three existing members who have not resigned, and they must elect two additional. Mark Pierce did not and could not elect any further Board members without notifying the existing members. He held all his meetings with Wayne Duke, one Board member and himself."

Fisher continued, "Mr. Pierce stated that I verbally resigned as director and CEO, which is the only way a Board member of Midland, Inc. may leave the Board. The only other legal avenue is to be voted off the Board by a majority vote. Institutions that represent these votes hold almost 15 million common votes at this time and the matter shall be properly rectified."

According to Fisher, "Mr. Pierce has been given notice at his office and home that he has been suspended by the existing Board until these corporate matters are rectified by the new Board. I expect these matters will be fully clarified; however, we will advise you of the filing of a special shareholders meeting to be held in approximately 15 days of which common voting shareholders of Midland, Inc. by proxy can elect a new full Board of Directors."

CONTACT: Midland Inc.
Daniel W. Fisher, 972/991-3200
Fax: 972/991-3295
E-mail: archem@swbell.net

If my friends and I had not lost so much money and or paper for those of us still holding, I think I would just laugh for hours and hours and hoooooooooouuuuuuuuuuuurrrrrrrrrs.

jeff at his desk feeling like an all day sucker.



To: Ed Hoftell who wrote (1329)6/23/1998 6:35:00 PM
From: The Devil Dog  Read Replies (1) | Respond to of 7039
 
That was pretty good Ed, I am sure he does!

Best Regards

WB



To: Ed Hoftell who wrote (1329)6/23/1998 7:28:00 PM
From: Ga Bard  Read Replies (2) | Respond to of 7039
 
Ed... sorry for the delay but I have been on the phone a lot doing continual research. I realize that there is a force on-line and they are out to tank this stock. They are out to discredit me and link me some how to this mess. They are going to blame everyone but Dan, and dispute every known fact there is.

I am waiting for them very patiently and I have a small group of people that like I have over 6 digits in dollars in it with a major equity loss right now. These people will be showing up with hindsight and attack me and my character. I have made some calls to do what I have to do to what ever agencies and so forth.

They better have what they think they have and know the rules, laws and so forth. I have done everything I know to get as much truth and facts out as possible. The agencies I talked to today definitely recognize my name and my screenname "Ga Bard" I know who is watching ... People better be extremely careful who they accuse of anything ...

Now with that said I have others calls tomorrow and I have offered to be a witness or what ever to these agencies. Do not even think I am stupid or careless for I am neither. I know who these on line traders are and I will do what I have to do but this stock is not going to have naysayers hitting it and getting away with being sly or hiding behind a question or whatever structure they so chose.

they better consult legal before posting something that may cause them some grief. I have not even posted what I know not even.

Dan Fisher can news release till he is blue in the face and there is no sense in Mark or Midland to do warfare on the news media. We shall wait and see if the news release is valid and if it comes true,. Plus I know who sent it and wrote it.

Lets get ready to rumble

Gary Swancey (Private Investor)

I am not playing games I am serious