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

To: Cliff Daniel who wrote (6762)7/29/1998 1:29:00 PM
From: Major Tom  Respond to of 11684
 
In my opinion and its just my opinion from what I've read of the background of the management for MTEI they DON'T look like scam artists.
Major Tom I think we will pull up before we hit the ground.



To: Cliff Daniel who wrote (6762)7/29/1998 1:33:00 PM
From: Alastair McIntosh  Respond to of 11684
 
Cliff, it is up to a market maker to decide whether or not MTEI resumes trading. A 15c2-11 puts a heavy responsibility on the lead MM signing the form. There will have to be a reason for a MM to assume this risk.

By the way, if anyone has a broker that they know well, it would be educational to ask how companies generally trade following a trading halt and a 15c2-11 requirement. It is my understanding that they invariably trade much lower.

Al


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