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

To: Jack of All Trades who wrote (3991)	8/18/1998 7:01:00 PM
From: Dusty	Read Replies (3) \| Respond to of 7039

Jeff, I am not real sure at this point what we have in Midland. I do not know if it is a viable company or not but I do completely agree with you on the following: <<we must stop the conversion of the P, we need to have this done or dillution will be to high. This must be a prioriy,>> Anytime preferred stock is offered it is preferable to common as it carries with it certain security. Should the company fall on hard times and there is anything to be had after the debt is settled it goes to the preferred shareholder. Therefore, it is vital we stop the conversion of the preferred stock. Frankly, I would in the future question any company that expressed the intent to convert the preferred stock to common. Shareholders purchase at a premium the "P" stock and chose to do so for specific reasons. Question: Since Midland and ArconEnergy never completed a deal how could Arcon have been acquired? It is my thinking that it was all based on "intent" Is this correct? I know Fisher was appointed CEO, but the deal between the two companies was not formerly consummated, so it would have amounted to nothing more than window dressing. Do you agree? Is this correct? It is hard to understand why business matters were handled in such a laid back fashion, for lack of a better way of putting it. But, in retrospect maybe we would have more of a mess now; if that is possible. I never could make sense out of the Press Release that stated Midland had rescinded the deal. To the best of my understanding there had never been a deal formerly set in concrete. There was reference to a merger at times and at other times a reverse merger. It made it difficult to follow and understand what was actually going on. Thanks, Dusty

To: Jack of All Trades who wrote (3991)	8/19/1998 12:48:00 AM
From: GC	Read Replies (2) \| Respond to of 7039

When MIDL resumes trading in two weeks it will be on the pinks. MIDL will not have all the paper work done in time , then you will not even get a MM to sign the proper forms , only MM that have signed form 15c-211 will be able to trade this stock on the pinks , MM will not be able to piggy back this stock no longer, you might as well get prepared for the fast decline in price of this stock , this is the SEC way of telling you up yours MIDL we had enough of your bullsh*t. Before a new 15c-211 form is signed by a MM every i will have to dotted and t will have to be crossed. Gary the only difference between MINE and MIDL is that MINE is going up on the pinks and MIDL is going down LOL good thing I sold my c's after doing further DD on DF and Charlie Mark "S" But like a dummy I still hold some W's.