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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: jodijef who wrote (807)	8/1/1998 8:59:00 AM
From: thomas a. burke	Respond to of 5541

Jef, Thankyou for the informative post. I too bought in at .37 and was very surprised at the crash in spite of all the publicity and good news surrounding this company. Hollywood can be a very tough place to succeed, but if you keep the costs down(which MVEE plans to do), then you can post a profit. Was very dissapointed with recent stock-action, but look for this to steadily move higher over the next few months. Regards, Tom B.

To: jodijef who wrote (807)	8/1/1998 11:16:00 AM
From: Cavalry	Read Replies (4) \| Respond to of 5541

Everyone was scared off because of a float big enough to sink the titanic and ou812 don't you realize that forbes article scared off 1/2 of si, founders last company under investigation by sec, no one is ever letting this company off the bb, pump and dumpers had their way with this one many don't trust these guys, when they ran canon word was they had no scruples or ethics, i got that from my aunt who is a vp of publicity at one of the three major motion picture studios,i'm waiting for financials from an sec approved auditor first, lol Cav

To: jodijef who wrote (807)	8/1/1998 2:18:00 PM
From: Suzanne Newsome	Respond to of 5541

Dear Jef, Welcome to the thread. We'll look around on the floor here and try to help you find your other "f." If you have time, I would love to hear more about what it was like at the Planet Hollywood event. Who was there? What went on? How did you get an invitation?--if you're inclined to tell. You mentioned your conversation with Jeff Volk regarding "senseless negativity" surrounding the stock. I may have precipitated the negative discussion with my post #747 in which I mentioned 6 negatives [1) large float; 2) non-reporting; 3) former company's SEC violation; 4) former company's straying from successful business plan; 5) low earnings visibility; and 6) low PE industry.] Happily, item #2 will be a non-issue within the next couple of months as you and others have reported the company's intention to be fully reporting. Item #4 Capitalism termed not a negative but a "learning experience." I smiled when I first read that, but decided later there was a lot of truth in his comment. Not only do I believe that Golan and Globus will not make the same mistake, but as reported on the thread over the last week, many safeguards are in place to assure everyone they won't. I don't have all the information yet, but I intend to write a post summarizing this issue soon. So while we can't rewrite history, we can present information so that potential investors can decide for themselves how to judge this issue. Why bring these negative issues into the open? 1) To deny these negative truths is to put ourselves in an indefensible position which will destroy our credibility. Bashers will come on to the thread at the most inconvenient time and taunt us with these negatives. Everything we know about these issues should be brought out into the open before the bashers find us. 2) The six negatives raise the risk level of this stock. This is not widow and orphan stock. People need full disclosure in order to determine if the risk is suitable for their situation. 3) Knowing the full story behind a stock gives the long-term shareholders confidence in their holding. Imagine the person who buys in unaware of the above issues, the bashers come in, the stock price falls, and the new investor sells in panic. He is angry at the thread, and he bashes the stock. So a potential long-term shareholder is converted to a basher. Jef, you used the phrase "bashing subject." I hope you don't equate negative information with "bashing." I define bashing as any or all the following: 1) negative untruths; 2) negative truths presented out-of-context or in such a way as to obscure the truth; and 3) negative truths repeated with no effort or willingness to progress to the next point of debate. I look forward to further posts from you. Regards, Suzanne