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


To: LT who wrote (6720)7/29/1998 12:28:00 PM
From: Moosie  Read Replies (1) | Respond to of 11684
 
I haven't found anything like that one

BillC



To: LT who wrote (6720)7/29/1998 1:06:00 PM
From: Janice Shell  Read Replies (2) | Respond to of 11684
 
Yes:

WASHINGTON (Dow Jones)--The Securities and Exchange Commission suspended
trading in the shares of Mountain Energy Inc. (MTEI).
According to the SEC release, the suspension was imposed due to questions that
have been raised as to the adequacy of publicly disseminated information
concerning, among other things, the company's ownership of certain properties and
the valuation of mineral assets on those properties.
Mountain Energy is a Houston-based oil and gas firm.
(END) DOW JONES NEWS 07-29-98
10:49 AM


It would seem that the company is being investigated for fraud and material misrepresentation.