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

To: JoJo who wrote (7067)	7/30/1998 12:08:00 PM
From: Blitz	Read Replies (2) \| Respond to of 11684

**NEWS** (BSNS WIRE) Mountain Energy Inc. Makes Announcement Mountain Energy Inc. Makes Announcement Business/Energy Editors HOUSTON--(BUSINESS WIRE)--July 30, 1998--Mountain Energy (OTCBB:MTEI) was not expecting the Securities and Exchange Commission to suspend trading in its securities, MTEI regrets the impact this has had on the individual investors. Mountain Energy Inc., formerly International Casino Cruises Inc., filed a lawsuit against prior management and others in the District Court of Harris County, Texas. Damages, equitable and other relief are being sought. In connection with this suit, Mountain Energy was granted a temporary restraining order against prior management, their affiliated entities, and others, prohibiting them from selling Mountain Energy stock. In the meantime, we are working with the SEC to provide all information which it has requested concerning the mineral assets transferred to the company. --30--SCP/ho* CONTACT: Mountain Energy Inc., Houston Jack Uselton/Vivian Overstreet, 713/334-4111 KEYWORD: TEXAS INDUSTRY KEYWORD: ENERGY OIL/GAS 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