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

To: MoneyBaggs who wrote (9881)	8/29/1998 1:44:00 PM
From: MoneyBaggs	Respond to of 11684

More from RB: There are a couple more places that I need someone to call. These two companies, Karvi Corporation, and MLJ Management, signed letters of agreements with ICVI on April 15, 1998. These letters of agreements call for these two companies to provide "consulting service" for ICVI for a period of one year. As compensation, each of these companies would receive 1MM shares of stock. The specific consulting service they were to perfom was to assist ICVI in raising short term and long term capital. My info says that neither of these companies to this day ever furnished one single bit of consulting work or any other thing to ICVI or MTEI. Call them and ask what they did with their 1MM shares each. Ask them what they did to earn the shares, other than sign an agreement under which they did not perform. Karvi Corporation 6021 Main Street Voorhees, New Jersey 08043 MLJ Management 184 Alden Road Hewlett Neck, New York 11598

To: MoneyBaggs who wrote (9881)	8/29/1998 1:45:00 PM
From: MoneyBaggs	Read Replies (2) \| Respond to of 11684

And more: It is my opinion, that the very first lawsuit that should be filed is against W. Arthur Lindsay. I believe that we should charge him with malpractice. When threatened with being disbarred, Mr Lindsay just may squeal like a stuck pig. Mr Linday's signature appears on documents, authorizing that shares of stock be turned over to certain individuals. No form 504 was ever filed with the SEC, and he signed the documents stating that they were in compliance under rule 504. Amongst the list of individuals and companies that received stock are: Growth International Ltd. Merit Corporation Swordfish Holdings Karvi Corp MLJ Management C. Saw Investments Rampart Securities

To: MoneyBaggs who wrote (9881)	8/29/1998 1:47:00 PM
From: MoneyBaggs	Read Replies (1) \| Respond to of 11684

A couple of you sent me some questions to ask Marc Tow while I was at his office today. I rewrote some of them as there were some duplicates. Marc was very open and honest and did not dodge any questions. First I will share a little info about Mr Tow, since many of you are probably curious. He is originally from New York, but relocated here to California 20 years ago. He has been in the same Newport Beach office building since 1990. The office is quite large, and he has a large staff working there. Though large, the office is very modest compared to most attorney's offices that I have seen. It is in a small industrial park, not in a big fancy building. Sorry, Janice, but I did not check out the bathrooms . I found Marc to be quite cordial. He actually seemed quite thrilled that someone actually took the time to talk to him on the phone and then visit him in person. He stated that he felt his name had been besmirched on the Internet. He does follow both the SI and RagingBull threads. Steve Angelil, Marc asked me to apologize to you for not taking your calls. Until fairly recently, he felt that you were one of the people out to get him, but now knows otherwise. These are some of the questions that you people asked me to pose to him, and his responses (paraphrased by me): Q - Are you an attorney? A - Yes, specializing in Real Estate Law. They also handle bankruptcies, foreclosures, and other legal matters. Q - How did you come to own the properties in West Virginia? A - They were obtained through tax sales. Q - Did you know that the coal on the land was unproducable? A - He knew that it was hypothetical, and that no one could know for sure until it was assessed by an engineering company. (Take note here that the question really was not phrased well, as we still have no idea whether or not it is produceable). Marc also told me that Jack Uselton NEVER even went to WV to look at the property before he bought it. Q - How did you come to know Jack Uselton? A - Marc was introduced to Darrel Uselton by a long time friend in Orange County named Grant Bettingen. Darrel had used Marc as his lawyer when Darrel bought a home for himself. Darrel knew Marc owned the land in WV, and it was Darrel that approached Marc suggesting that Marc contact Jack about the properties. Darrel got Jack on the phone, and started the wheels turning. Q - How did you come to know Jack Christensen? A - To this day, Marc has NEVER met Jack Christensen. Q - Did you know that the initial press releases claiming a value in excess of $200MM were in error, and did you attempt to do anything about it? A - Marc was aware of the false statements immediately after the PR's came out, and contacted Jack and Darrel immediately to correct the error. Jack basically told Marc, "My pencil says its $200MM." Jack also told Marc, that his New York lawyers, Singer and Framento, told him not to correct the PR. Q - Did you ever notify the SEC, Jack, or anyone else that you in no way ever meant to put to $200MM in assets? A - Marc never did have $200MM in assets, and never portrayed that he did. No such agreement existed. Q - Did you have a clause in the sale comtract regarding the non performance of the stock? A - No. Marc's stock has depreciated just like everyone elses. Q - Do you still hold the 50MM shares? If so, who holds the deeds to the land? A - Yes, Marc still holds the 50MM shares. (I might add at this point that I personally saw his stock certificates. He has one certificate for 30MM shares, and two certificates for 10MM shares each. I looked at them and touched them. The shares are restricted.) MTEI still holds title to the land. (Another note - later I will post to you the letter in which Marc asked that the deal be rescinded and the land be returned to him.) Q - If you still hold the shares, are they voting shares? A - Yes. Q - Who has possession of the Austin Chalk property? Jack says he paid out of his pocket for it, but the PR places it in MTEI. A - Marc does not know for sure, but believes that Jack probably has the property. Q - Are you trying to salvage this company by cleaning up the shell and trying to find a business to put in there? A - Marc is willing to give his full support to the shareholders of MTEI. He would like the shareholders to organize, elect a new board of directors, and hire a lawyer to sue prior management. Marc is willing to put up $10,000 to get this started. Q - How can Jack open up Ibis Energy out of the same location as MTEI? A - Until I showed Marc the info this morning on Ibis, he had no knowledge about it. Q - Who has been buying MTEI shares for the last several days? A - No knowledge Q - What do you kow about Paragon Investments in the Virgin Islands? A - Marc has never heard of them, but thought maybe the person asking the question was confused. He mentioned this because he is aware of a company called Pragon Capital, a market maker, and stated that there is an article about them in the 12/17/97 issue of Business Weeks that talks about their lawsuit regarding Luminet (another Christensen deal). Q - Some have said that the SEC may have returned the "books" to you as the largest shareholder. Is this true, and if so, can we get a copy of the books and anything else from MTEI in your possession? A - The SEC was going to return the boxes full of records to John Christensen, and Marc asked the SEC to please not do that. He asked the SEC to hold the records, but he does not know for sure if they did. Q - Could you furnish a list of the properties (to include legal descriptions) that were traded to MTEI for the shares and a copy of the agreement for the trade? A - Marc did not have that information readily available, but assured me that he would get it for us. Q - You have stated that you would support the shareholders in organizing and electing a new board of directors. How would you support such an action? A - Marc has 50MM voting shares, and that is plenty of support. #### my fingers are SORE!!!!!

To: MoneyBaggs who wrote (9881)	8/29/1998 1:48:00 PM
From: MoneyBaggs	Read Replies (1) \| Respond to of 11684

I know that I promised to scan all these papers for you next week, and I will. In the mean time, there are a few that I want to share with you now, so I will retype them. This is the letter written by Marc Tow to Jack Uselton, asking for his land back (MTEI still holds the land. Marc did not get it back): Jack Uselton, President Mountain Energy, Inc. 7700 San Felipe, Suite 480 Houston, TX 77063 RE: Demand For Recession Dear Jack: I have been researching and following Mountain Energy, Inc. formerly International Casino Ventures, Inc. and I hereby demand recession on any and all agreements between Government Property Advisors, Inc. and International Casino Cruises, Inc. presently known as Mountain Energy, Inc.. Recession is demanded because of the following conduct and non-disclosure by the prior management of International Casino Cruises Inc. 1. The issuance of 19,000,000 more shares to friends, family, and affiliates of the President of International Casino Cruises, Inc. and thepublic relations firm of Internationsal Casino Cruises, Inc. and the attorney for International Casino Cruises, Inc. without any written agreement, consenst or disclosure. These shares were issued in excess to the disclosed amount in the agreement of merger. 2. They failed to disclose litigation that was pending against Lumanet Corp which is the predecessor name to International Casino Cruises, Inc. 3. Predecessor management continued t operate Lumanet, Summary Corporation, International Casino Ventures, Inc by the following: A. Maintaining a website as Luma.net and registering its owner as Summary Corporation based in San Antonio, Texas. Summary is a predecessor name to Luma.net. B. Predecessor Management represented the International Casino Cruises, Inc. and Lumanet in litigation as a defendant without disclosing this at the time of the merger or anytime propr or subsequent. 4. Issuance of shares to affiliates and consultants of the company without consideration. 5. Manipulation of the Market by the issuance of press releases that inaccurately reflect the assets contributed to International Casino Cruises. Because of the foregoing I hereby am tendering the stock certificates issued to Pacific Tax Properties, LLC for ten million shares, certificate number xxxx, Wetern States Tax Defaulted Real Estate Fund I, LLC for thirty million shares, certificate number xxxx and Cortland Group, Inc. for ten million shares, certificate number xxxx. I hereby demand a return of my property that was contributed for these deeds. In addition, I believe that the predecessor management conduct acted in such a way that created further damage and liability to me. If and when these damages are verifiable I will hold thm accountable for the loss Sincerely, Marc R. Tow note: I replaced the certificate numbers with X's.

To: MoneyBaggs who wrote (9881)	8/29/1998 1:51:00 PM
From: MoneyBaggs	Read Replies (1) \| Respond to of 11684

I also have documentation that shows that the lawsuit that Jack filed against Christensen and others has been dropped. The decision to drop the lawsuit was made by the MTEI board on August 15th and Jack signed it. I might note that at the time of signing, Jack was the entire board. On a light note, just to show what a buffoon Jack really is, on August 15th, after all the other board members were dismissed, and Jack was the only person left, he gave himself limited power of attorney. I guess that means he gave himself authorization to sign for himself. WTF is up with that???? LOL You will also be happy to know that after Jack was the only person left in the company, he used his power of attorney to sign over to himself in the form of a bill of sale, all of the company's furniture, fixtures, and equipement. I guess Forest Gump ain't gonna get those neat cowboy pictures after all. LOL

To: MoneyBaggs who wrote (9881)	8/29/1998 1:52:00 PM
From: MoneyBaggs	Respond to of 11684

One last thought before I go to bed. I really think that if we do the steps as I have outlined in my previous post, that the Houston Chronical, or whatever newpaper it was, the WSJ and many others would be clamoring to do this story. I think this is also the chance to get exposure like you talked about on 60 Minutes, 20/20, or other shows. This is the stuff that makes headlines and generates interest. "THE LITTLE GUY STRIKES OUT AND OVERCOMES INJUSTICE"

To: MoneyBaggs who wrote (9881)	8/29/1998 1:58:00 PM
From: MoneyBaggs	Respond to of 11684

And this from winstonwolfe on RB: Twinjet: "...Steps that need to be taken..." pleae add: 7. Sue Gary Polland for malpractice for the unethical manner in which he defended John Christensen in a suit by MTEI, while at the same time representing MTEI in various creditor suits left over from the LUMANET days. This is an "in your face" conflict of interest and should be enough to get Mr. Bigshot Republican barred from the practice of law in Texas. (although maybe President George W. Bush can appoint him to a cushy job at the SEC) I could not agree more. Gary Pollard is dirty as hell and I encourage everyone to contact the office of Ann Richards.