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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: Neurogenesis who wrote (539)	7/4/1998 10:32:00 AM
From: LegalBeast	Read Replies (2) \| Respond to of 5541

<<<<<<<It seems likely that, at some point, they will reverse the stock.>>>>> I presume that by reverse you mean that the price will quit falling and will start increasing. The last time these guys were in this same business they went from .20 to $46 just by increasing the value of the company with their accomplishments. Nothinh I have heard or seen seems to indicate that they cannot do it again the same way ...

To: Neurogenesis who wrote (539)	7/4/1998 12:27:00 PM
From: Stephen Goldfarb	Read Replies (1) \| Respond to of 5541

Reversing, at some point, seems the logical thing to do. One of the initial concerns was that the company was issuing shares in payment for film rights. A spokesman for the investment banking firm said they would not issue more equity until there was positive cash flow. Who knows when this determination will be made. Issuing shares at a very low price causes significant dilution. A reversal theoretically increases price, so that distribution of equity thereafter is less. It is always a tradeoff. We are pretty much left to watch and wait. Steve