Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LionHeart who wrote (6391)	7/28/1998 10:14:00 AM
From: Blitz	Respond to of 11684

***New/different News* (BSNS WIRE) Mountain Energy Inc. Makes Announcement Mountain Energy Inc. Makes Announcement Business/Energy Editors HOUSTON--(BUSINESS WIRE)--July 28, 1998--The recent announcement by the Canadian Energy Company, North Star, concerning the purchase of Mountain Energy, was not referring to Mountain Energy Inc. (OTCBB:MTEI) of Houston, Texas. MTEI is currently attempting to contact the management of North Star, to request a public statement clarifying this matter. Mountain Energy Inc. (MTEI) has negotiated final terms for the purchase of approximately 3,000 acres of oil and gas leases in Texas. An agreement in principle has been reached and all parties expect to close within the next ten days.** --30--SCP/ho* CONTACT: Mountain Energy Inc., Houston Jack Uselton, 713/334-4111 KEYWORD: TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *

To: LionHeart who wrote (6391)	7/28/1998 10:38:00 AM
From: Janice Shell	Read Replies (2) \| Respond to of 11684

Here are my questions right now, so you can all see what they are: JACK USELTON: 1. Would you be willing to give shareholders permission to inspect the company's books? 2. Would you be willing to send copies of all correspondence, and all legal documents executed in connection with the ICVI merger, to shareholders or their representatives? 3. How long have you known John Christensen, and what is the history of your relationship? 4. How long have you known Marc Tow, and what is the history of your relationship? 5. What is the connection, if any, between Marc Tow and John Christensen? 6. What do you seek to gain from the lawsuit you are bringing against former management and "others"? Who are the "others" in question? 7. Further to the above, is there any possibility that MTEI will seek to rescind its merger contract with ICVI, with the result that current shareholders would once again become shareholders in ICVI? 8. How much of MTEI's land in West Virginia was bought by Marc Tow and his associates for back taxes, and how much did he pay for it? Can't think of any more at the moment, but if others occur to me I'll let you know. How many of these do you think Uselton will answer? Janice