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


To: MSo who wrote (1358)6/23/1998 9:18:00 PM
From: Ga Bard  Respond to of 7039
 
He is the facts as I know it.

1.) Dan converted 45K of his restricted B to 180K of free trading A (which he told me on the phone today) where as prior he was converting restricted B for restricted A because he was the CEO(insider)

2.) He admited to selling some of those shares which now makes it a confirmation he broke the law plus he had to sign a document at the time of giving a broker the certificates that he was not an insider, CEO, etc. (black and white proof of resignation I guess)

3.) There is an affiliate Dan has that he admits to having now which is where the stock went stock when he issued it.

4.) I notified Pierce and stop transfers were done.

This makes no sense to me because if he is the CEO he sold free trading shares and if he is not then what the devil is the news release all about. How much credibility is there is this scenario .. Also before he left he was calling people to buy and now they should sell.

Go figure.

GB <private Investor>

PS I have no offical word from the company as of yet except their stand is already out in the news releases.
4.) He is wants the stop transfers lifted so he is protesting the resignation to gain control of the MIDL

5.)