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


To: Jeff who wrote (6122)7/26/1998 11:43:00 PM
From: Steven Angelil  Read Replies (3) | Respond to of 11684
 
Jeff, if you've sold like you said you have, why do you keep posting here? Does it add meaning to your life? Tod is a shareholder like I am, like Sherrie is, etc. This whole MTEI phenomenon has had all the classic spills and chills. We got ahead of ourselves at $1.75, and here we are at .20. Is it possible that the market has overreacted in the negative way? Of course, it is. That's all the market really is, overreactions to the positive AND negative. I'm holding because I believe Jack and Co. know the oil business and are honest people. It was MY IDEA NOT TO TELL THE THREAD ABOUT THE 200M AUTHORIZED SHARES. Why, because I hold a hell of a lot of shares and I didn't want to see it go down. Also, it's irrelevant how many shares are authorized. It's outstanding that counts. I thought folks would overreact to the news of 200M Authorized. So stop blaming the "Magnificent 7" for not talking about the authorized shares, you can blame good ole Steve. I take full responsiblilty for that. If you chose not to believe anything I post now because I didn't want to spill my guts about the extra 100M AUTHORIZED shares, then that's your choice. I know I am long and am looking out for all longs here. I am an honest person, but I felt it was in the long's best interest NOT to discuss the extra authorized shares-not so I could bail, but so our stock would hang tough. Of course, that did not happen either but I still have faith in Jack and MTEI to get the ship turned around and will be waiting for the Dunn reports.

Steve



To: Jeff who wrote (6122)7/27/1998 12:27:00 AM
From: Tod C  Read Replies (2) | Respond to of 11684
 
it is real hard for people to believe anything that is posted as a positive on this thread anymore.......once you are lied to.....nothing else matters....the share price falling from 1.75 to .22 speaks volumes...it says alot more than any one person can say.....

It is unfortunate that the BB world is a game that most people aren't going to win. Are you here to gloat or kick people while they're down? I would expect more than that.

your positive spin.....or damage control.....is a heroic effort on your part....and you should be admired for it.....

Despite what you think, MTEI has much more going for it then you are giving it credit for.

you are a captain.....going down with his ship......i just wish you could have gotten the woman and children off first.......

I am an investor that would like to help all people understand their investment in MTEI, and that means refuting the lies and misinformation that comes out on the thread.

you know so much about this company........i have to conclude that you knew about the bad stuff as well.....and kept your mouth shut about it.......that makes you a hypster and cheerleader and you are probably holding free shares cause you sold in the run-up so all your doing is trying to preserve your profit now.........

Excuse me, what bad stuff are you referring to? And I still own my shares. What about you?

why should we believe the 200 million figure now......

The $200 million figure has not changed.

or the 2.85 book value.........

Prior PR firm put that out.

200 million......90 million shares=bookvalue=2.20

200 million......200 million shares= book value=1.00

do they have 200 million in assets.........after what happened today i would say no.........prove it......do they have anything but unproven land........


The deal was for a minimum of $200 million inground assets proven by reserve studies. Re-read Eric's valuations for a better understanding of where we are at. Your numbers are far too old and have already been covered too many times.

i see reverse split as inevitable.........to many shares out....

Good thing you are not running the company.

i really do admire you tod c..........but level with people about the bad stuff.........

Lay off the holier than thou BS. What bad stuff are you referring to? What is your agenda? Are you trying to drive the price down so you can buy more shares too? Seems like a popular theme for the day.