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


To: Tod C who wrote (6252)7/27/1998 3:28:00 PM
From: ayahuasca  Read Replies (3) | Respond to of 11684
 
Someone earlier mentioned a stock buy back plan at this stage. Seems to me that would be a good idea. Is this something that MTEI is considering? If they believe in their company (as I am sure they do) then this would really be an opportune time to buy some shares on the cheap. Seems like a good invetment to me IF they believe in the value fo their own company.
LIONHEART- could you ask Jack about this?



To: Tod C who wrote (6252)7/28/1998 10:01:00 AM
From: Janice Shell  Respond to of 11684
 
The legal issues surrounding the case prevent Jack from publicly discussing the details...

I may be wrong, but I believe this is nonsense. Were they a reporting company, they'd be required to include a detailed explanation of the suit and its implications in their 10K and 10Qs. "Legal proceedings" is a standard part of these documents. Always.