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

To: eric deaver who wrote (8036)	8/9/1998 10:04:00 PM
From: jhild	Read Replies (2) \| Respond to of 11684

Well there you go eric, I think we agree on something. They might also cause MTEI to restate their Release and the disclosure of financial condition to the MM's is possibly a complicating issue especially when it comes to stating the number of outstanding shares. But I do agree that not that much is likely to happen to the principals at MTEI, if that is all there is to it.

To: eric deaver who wrote (8036)	8/9/1998 11:20:00 PM
From: BillQ	Read Replies (1) \| Respond to of 11684

That being the case Eric doesn't it stand to reason that we write off that first PR episode to transition confusion.Then we have validation on the initial land holdings.Even if they are short of the PR values they have to be worth a great deal.Along with new acquisitions.Maybe this will establish a new starting point from which to grow.This time based on truth not hype.If those evaluations end up only where they were originally with all their new property then .18 or lower would still be a steal.IMO Hopefully they will be much higher. BillQ

To: eric deaver who wrote (8036)	8/10/1998 10:18:00 AM
From: Janice Shell	Read Replies (2) \| Respond to of 11684

I think the eventual outcome depends on exactly what the SEC finds and how serious they consider it to be. They could also choose to bring charges against people involved with the company. I believe the suits in question are invariably civil, and may result in fines and suspension from working in the financial business in future. Check out the SEXI case for an example; or SKYS. I think that any charges of criminal fraud, if contemplated against all or any parties to this mess, would have to be brought by local authorities. If violations of Federal law are suspected, I suppose the FBI might take an interest as well. Usually the most that happens is that the principal miscreants settle with the SEC and are heavily fined. Generally the company is put in the hands of an administrator in these cases.