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

To: MoneyBaggs who wrote (10152)	9/3/1998 11:54:00 PM
From: PatiBob	Respond to of 11684

I just got if off my chest on RB......... PB

To: MoneyBaggs who wrote (10152)	9/4/1998 12:11:00 AM
From: RavenCrazy	Read Replies (1) \| Respond to of 11684

To anyone who's been living in a cave lately: We have a pretty active e-mail group of 85 now. About 30 of this group stay busy pursuing this. Because of the volume of mail we are getting and keeping up with Raging Bull, I haven't had time to keep track of S.I. and am happy to see a lot of info here tonight. Request of the night: Please write John Fahy, Texas State Securities Board The following is a letter in part I received today from John Fahy, director of the Texas State Securities Board. Please note his e-mail address and information requested for a complaint. Quoting: As a matter of policy, the State Securities Board and the Texas Securities Commissioner neither confirms nor denies the existence of an investigation. Section 28 of the Texas Securities Act provides that information obtained in an investigation is confidential and cannot be disclosed to the public or to investors. According to currently available records in the Houston Branch Office, there is not a complaint from you on file in Houston. I am unaware if any complaint from you had been received in our Austin headquarters. I have asked my secretary to send you one of our complaint forms. Our standard complaint forms ask for investors to provide copies of relevant documents. John R. Fahy Assistant Director of Enforcement Texas State Securities Board Houston Branch Office (713) 781-1094 Fax: (713) 781-1097 3033 Chimney Rock Suite 340 Houston, Tx 77056 -------------- Since receiving and answering this e-mail, I have gone to the State Securities website and filed a complaint from there and urge every one of you to do the same. The website is at: ssb.state.tx.us When you have done these two things, please report them to Owl at: OwlTally@hotmail.com Thank you, Raven ________________________________________Now, for S.I. people who haven't been there, we do have an unfinished website at: geocities.com There you can read an overview of our "case" and sign up to be on the e-mail list, where we pass on information as we get it and encourage a strong e-mail campaign to bring publicity to our plight. We do have newspapers interested and we definitely are getting results, but it has been a lot of work, and it is VERY EASY to see how this would have slipped between the cracks but for the determination of a few folks that the "bad guys" had not counted on. Many of us reported this to the SEC, and I am told that one of the "leaders" did too. Whether that's true or not I have no idea, but I understand that the SEC did approach him regarding the press releases announced before they were released. There is a bit of squabbling about who really received the insider information (true at first to hook us, then false later, of course), but I do hope it's true that the "leader" is now cooperating by giving the deposition that I understand they went to him for. I have felt all along that he did NOT know MTEI was a scam and was guilty not of fraud but of using info available to him in a sort of "ego feast." Even though the damage was probably inadvertent, it does seem that it arose from ego needs, and I would implore him now to step forth and help us by letting the prosecution as it develops know the source of the inside information he was being fed. Many people's lives have been virtually ruined, and he could contribute something toward making amends through this kind of cooperation. I do hope that he is considering this and that his supporters will urge him to do so. The cult-like situation that grew up here is what made the fullest extent of this scam possible. I hope we have all learned from it. We would welcome any help from any of you, if you do no more than send one e-mail to the State Securities Office as requested above. Though I don't think the designers and perpetrators of this scam could ever have pulled it off without creating a "stock guru" we trusted, they DID pull it off, and many of us will not rest while they are offshore with our money. At this point, a trumpet plays. Raven