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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: bottomfish who wrote (783)7/29/1998 12:22:00 PM
From: LegalBeast  Read Replies (1) | Respond to of 5541
 
You are placing TOO much emphasis on the OLD Cannon Pictures. This is not them, and the financial plan is not the same. This is a new company that is still in its infancy. You are NOT going to see any numbers till next quarter! So deal with it. Right now, the stock should be trading based on films in production, stars in the stable, etc ... The old SEC problems are history. That company is NOT part of this company!

It seems to me that fears that the old SEC problems still need resolving are keeping this stock down. Perhaps those fears are, but those fears are fueled not by DD or even reality, but by folks like YOU trying to make something that is not there!



To: bottomfish who wrote (783)7/29/1998 12:59:00 PM
From: Capitalism  Read Replies (1) | Respond to of 5541
 
You are obviously not an investor and want others to do your homework. If you have even looked at this the slightest bit you would see they are not taking on any debt to produce movies. The money for the movies is from off-balance sheet financing if you would like to see the book get off your a** and call Paul Taylor at Alexander Wescott at (800)713-3768.

DO US ALL A FAVOR AND BASH ANOTHER STOCK. IF YOU WANT FINANCIALS BUY IBM. THIS IS A COMPANY THAT HAS 6 HEALTH CLUBS AND IS PRODUCING MOVIES. WHAT DO YOU THINK YOU WILL GET OUT OF THE FINANCIALS ANYWAY.

FYI THE YEAR END WILL BE OUT SEPTEMBER 16, 1998



To: bottomfish who wrote (783)7/29/1998 1:41:00 PM
From: CrazyTrain  Read Replies (1) | Respond to of 5541
 
What exactly do you want for twelve cents a share?

It is the unknowns that are keeping the price down. If you don't believe this stock is undervalued then wait. Wait until we are fully reporting. Wait until we have our first feature film in the theaters. Wait until the stock is $1 a share. Go ahead and wait all you want but stop crying for more info when others have done a lot of great DD on this thread (to which I am grateful).

Monty



To: bottomfish who wrote (783)7/29/1998 2:37:00 PM
From: OU8onetoo  Read Replies (2) | Respond to of 5541
 
I have last years balance sheet ending Jan. 31 1998... These numbers only show Health Club and video rental and sales for Grizzly Mountain: They are as follows:

revenues 1998 3 months 1997 3 months
Memberships $864,673 $ 890,423
sevices 96,110 13,306
Ent/video sales/net 322,155 0
--------------------------------------------------------------------------------

total revenue $1,282,938 $903,729

less expense $1,706,249 $1,104,463

total loss ($423,311) ($200,734)

++++++++++++++++++++++++++++++++++++++++++

revenues 1998 9months 1997 9months

memberships $ 2,821,640 $2,181,115
services $ 271,550 $ 53,609
Ent/video sales/net $ 322,155 0
------------------------------------------------------------------------------------
toal revenue $ 3,415,345 $ 2,234,814

less expenses $ 4,343,154 $ 3,054,696

total loss ($ 957,809) ($819,882)

in Canadian dollars
===========================================

Most of the expenses come as legal and accounting fees , salary to run the health clubs , and other fees not specified in the report that dramatically increased after the aquisition of Mega Communications in the 9 months ending.... As you can see just in the Net Video sales in the 3 and 9 month ending period , the NET was $322,155 for 1 movie....So lets just imagine at the end of 1999 when there is about 6 new releases generating income....That will be a more realistic financial statement ... So look to Sept. 1999 for REAL #'s and gains!
Also , let the record reflect , that Golan and Globus are only going to take salary's from the NET profits of their movies , that was one of their agreements with Mr. Benz at the beginning.. I hope that this info was helpful.... If you want a completed version of the consolidated statement of revenues call Rubenstein I/R @ (212)843-8086 contact is Jeffrey Volk or e-mail him jvolk@rir1.com(I don't know if that e-mail address is current)




To: bottomfish who wrote (783)7/30/1998 11:40:00 PM
From: Suzanne Newsome  Read Replies (1) | Respond to of 5541
 
Well, Barton, you have certainly stirred a tempest in a teapot! The very nerve of you-asking for financials! What do you think this is, an investment or something? I've had the same evil thought myself a time or two. Even said to myself once that I'd never invest in another company that wasn't fully reporting. Don't even go there! I hope the money you lost wasn't on MVEE.

Since the fitness center company essentially became a movie-making company in December, 1997, reports of any financial activities up `til now wouldn't be terribly meaningful. It is still very important for First Miracle to become fully reporting, but I don't read any ulterior motive in their not having done so at this point.

I hope you will join us and add DD as you can. The regulars seemed a mite testy there for awhile.

Regards, Suzanne