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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: JIMBO who wrote (725)	7/23/1998 12:02:00 AM
From: Lafike	Respond to of 5541

Jimbo, Just do the math..... 1 Budgets for the first four films are estimated to be about $10mm 2 They have gotten $3.3mm in presales at Cannes with a potential contract for another $4.9mm. This almost pays off all expenses for the first four films leaving a majority of the proceeds to go to the bottom line. 3 If each movie has a medium draw, we can expect $12-18mm in sales. 4) This would put a total income at $48 - $72mm for the first four films. 5 I don't really follow this Alexander Wescott deal too much, but after payment to the investors, GG retains about 72% of proceeds. 6 Say they do a total of $50mm on all 4 pictures, they retain $35mm. 7 There is 90mm shares O/S. With a P/E of 5 (conservative) then the stock price should theoretically be $1.94. I hope that my methodology is correct and makes sense. If I have erred, I apologize. But it looks like a smoking deal (IMHO) Lafike