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

To: Little Engine who wrote (6129)	7/27/1998 1:23:00 AM
From: Steven Angelil	Respond to of 11684

Tod, IMO, meant the land (not ONLY the land that is awaiting engineerig reports from Dunn) will have an aggregate NAV $200M in exchange for the 50M restricted shares. That was the deal, $200M in assets for 50M restricted shares. I'm sure Jack would agree that is the deal. Steve

To: Little Engine who wrote (6129)	7/27/1998 1:27:00 AM
From: Tod C	Read Replies (1) \| Respond to of 11684

I got a great idea, why don't you fax it to him so he can sign it and fax it back to you? Let us know when you've completed your one simple singular mission in contacting MTEI for the first time. Next time I speak with him, I'll ask if he's received it. Btw, you might want to change the wording a bit. I didn't say the current land had $200 million. I said the land (as per the negotiated deal) will have assets of $200 million .... And if by some minute chance it doesn't, more land will be added until the $200 million figure is reached. The deal was for a minimum of $200 million in assets through deeded properties that are free and clear.