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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Steven Angelil who wrote (6030)	7/26/1998 12:06:00 PM
From: macker	Read Replies (3) \| Respond to of 11684

you stated, "only some of the illegal things christiansen did", you know and i know that there are many more things not put on that last post, do you want to elaborate on the other illegal things? do you want to talk about the joe gort issue, its not dead like it was told it was, and as for pulling shares out of the float, its not that simple. and i didnt say i would never be in mtei again, i have told many on the phone, including turboe, forest gump, cliff daniels, and several others, if i see the fundamentals get straightened out, the illegal things put behind them( and im not in anyway saying jack did or is doing anything illegal) i would rather buy in higher at 50 cents on the way up then find that the stock stops trading for all the legal issues to be ironed out and the stock doesnt trade for 2 years because it is tied up in court, check out idid if you dont agree. i have 10,000 shares of that illegal mess still sitting there. i think jack does know what he is doing i think jack is honest i thnk jack is making an honest effort to bring the company forward, but all of those efforts will take time, and its nothing that a pr or news can fix, its simply jack trying to fix the problems he didnt know he was getting with icvi. but the legal ramifications, and the fact that jack got lied to several times doesnt change the fact that there is trouble. when the trouble gets taken care of, i would be back, but not till then.

To: Steven Angelil who wrote (6030)	7/26/1998 12:27:00 PM
From: Cliff Daniel	Read Replies (3) \| Respond to of 11684

In the beginning there were around 120mm authorized shares reported. Now, mysteriously, there is 200mm authorized shares. How would I know this? It came with my Certs. Fundamentals have changed. In the beginning there were 70mm outstanding shares reported. Now, mysteriously, there is ATLEAST 120mm outstanding shares. How would I know this? Ask any one of the 7 people who went to Houston and learned this first hand, but they didn't want to publicize this. Fundamentals have changed. In the beginning one of the things MTEI used as a PR tool was that they had technology far more superior than others that would allow them to mine like no other. Now they don't? Fundamentals have changed. In the beginning there was talk of already producing wells, and this was believe to come from a member of MTEI's management. However, face to face confrontation proved otherwise. Fundamentals have changed. In the beginning there was talk of possibly being acquired at then end of the summer, and the source was not macker, it was from a member of MTEI. However, face to face confrontation proved otherwise. Fundamentals have changed, unless they are in a quiet period. What about some reasons to HOLD? 1. You can't stand taking a loss. 2. In time this company will prove itself. You will tell people I'm averaging down, but in reality your just holding. Food for thought: What did MTEI do before they acquired the "shell" ? If they were a real company before then surely they have already producing properties, or properties that have been evaluated right? What the hell is going on here? What is their business plan? Who cares about how long they have been in their offices, you don't start a business then create a business plan, if you catch my drift. A lot of things I have seen from MTEI as of late has been ass-backwards, which doesn't give me a good feeling. Fundamentals have changed. Steven, why are you so quick to accuse people over and over again. Everywhere you look you see someone accusing macker for this, macker for that. Don't be a fool my friend, you bought the stock on your own. I bought the stock on my own. And, I sold the stock Friday after confirming what I have outlined in this post, and what macker has outlined in his. I sold all 50,000 shares for a $15k loss. Oh well. I think this company will turn around, but not on the timetable I am looking for. I will continue to follow this stock in lurker mode. Until MTEI can start getting the shit together they WILL continue to fall. IMHO the only thing keeping this boat afloat is the MM's and the massive amounts of sellers. Because the MM's have to make a little on the shares they buy it's in their best interest to offload the stock at a profit. But you bet, when the selling subsides to a 1:1 ratio it will start to fall. Sure there will be a PR addressing the stockholders. But, the only thing that PR would do is prevent possible sellers. What this stock needs now is something to attract buyers, which will be very hard to do at this point in time, because this stock was played like a fiddle. And guess what? I was LONG on this stock. I told people I was LONG on this stock. But hell, things did change and I had enough of it. I will spectate at this point. For those enraged holders out there, please stop pointing fingers. Yes there were some people who sold and haven't admit it. I know of quite a few as macker stated that have sold. Some you would be suprised to hear! Also, macker never said "I'm the leader!!!" It was the 100 people who posted everyday saying "Macker!!!!!". He was Private mailed to deal and e-mailed to death as well. The ones that sit and blame him now are quick to judge. Sorry for this logn drawn out post. I just needed to vent my frustration here and be upfront with you guys and gals. I wish the best of luck to all. Cliff