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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: one_less who wrote (3775)	8/14/1998 2:31:00 PM
From: one_less	Read Replies (1) \| Respond to of 7039

Let's review some current events: Prior to June 98: Hey day for MIDL, based on beliefs that the high octane revolutionary alternative was being brought into the MIDL shell by high octane guru John Spriggs. Early in June 98: Accusations between officers of MIDL of wrong doing lead to investigation and a determination is made to cleans the MIDL shell and start again on the acquisition process. Stock trio goes through extreme devaluation. June and July 98: Fiasco among share holders, while the infrastructure of MIDL is being cleansed and rebuilt by Mark Pearce (CEO of MIDL and SEC attorney). Aug. 9th - MIDL issues a PR stating their intent to acquire Shipping and Trading companies with revenues of 20.5 mill in 1996 and 26 mill in 1997. MIDL reports plans to expand the shipping and trading operations. Mean while my Ws are still only worth 4 cents. Looks like a case of 1 plus 1 equals .001. Must be that new math, I never could catch on to it. Aug. 17th - Date for Bahamian court case. MIDL is attempting to recover some MIDL assets from Dan Fisher. Whoops. Aug. 18th - Meeting between Noble House and MIDL to close on a contract where MIDL expects to acquire Greek Shipping and trading companies giving MIDL total assets of 6.7 million. Mean while my Ws are still only worth 4 cents. Aug. 19th - Long awaited meeting between MIDL and John Spriggs. John Spriggs has patents to the high octane alternative once under consideration by Exxon. Statements are made that for this once highly prized deal to work, solid black and white proof of the rights to the High Octane Alternative MX153 would need to be presented along with black and white proof of funding to build the processing plant. Mean while my Ws are still only worth 4 cents and everyone is afraid they are going to be accused of hyping MIDL.....right. Comment: The above statements have been verified as accurate by what I would consider to be the reasonable scrutiny of suspicious and watchful share holders. OK fine, I believe these Ws I'm sitting on are a diamond mine in the rough that's been forgotten about. If any body sees that as hype, I don't give a hoot.