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

To: jhild who wrote (10802)	10/21/1998 11:12:00 PM
From: Sharon	Read Replies (1) \| Respond to of 11684

And lest we forget this little gem, Jack was "concerned about the current stock price........not a realistic reflection of our assets..." oh and here is that Ibis word again. Tsk, tsk Jack signed on the dotted line! Sent By: Mountain Energy; Jack Uselton Mountain Energy, Inc 770 San Feline, Suite 480 Houston, Texas, 77063 Voice: 713 334 4111 Fax: 713 334 4666 To: Penny Picks Date: July 27, 1998 -------------------------------------------------------------------------------- __________Q&A Begin___________ Q: What plans or concern do you have to maintain the current investor's value, or are you not that concerned about it and are focusing on the long range success of the company? A: We are very concerned about the current stock prices, that in no way reflect the true value of the assets of the company, Personally, I feel the stock at these prices is not a realistic reflection of our assets, our management team, nor our goals. Q: I know with many other illegally manipulated stocks, and management is aware of this and is trying to combat the MM and people who want to keep the stock down. Does MTEI have any strategy against this, or again are you just focusing on the long range? A: Our basic concentration is and will continue to be, developing our asset base for long term gains by all our investors. We feel if we build a strong enough company the stock value will grow to reflect that strength. Q: Are we as a group of investors that significant to the company, or only in our own view, in other words is the company focusing on another set of investors than us or are we the primary support that this company now has? A: Individual investors are our primary support and are highly valued by the company. Q: MTET said 50 MM restricted would buy first $200 MM worth of properties. That's $4.00/share. Q a) How are those properties valued? A a) By O&G and coal reserves, performed by certified professional engineers. Q b) How are we buying other properties? A b) Cash and production payments. Q c) Is the company's proxy for 2 or 3 years? A c) 3 years. Q: PRs say Jack Uselton used to own a company. What was the name of this company? A: J Pipe & Supply, Ibis Energy Inc. Ibis Ltd., and US Petroleum Consultants. Q: We waited for Stagg to complete the results now when will we see some results from Dunn? A: A difficult question, but results should begin to come in within weeks, There will be a continuing process as more than 60 properties have been purchased and additional properties are being bought. Q: Is any news on its way not related to Dunn? b) What about other properties, acquisitions, etc? a) Yes. b) Presently evaluating and negotiating on producing properties. Q: Since there are a lot of small investors willing to hold to support MTEI, what will MTEI do to support us small investors? A: Continue to build assets and start to develop assets as evaluations are completed. Penny Pick's Comment: The word being spread on the Internet, is that MTEI might be a scam in a new office can you please dispute this myth once and for all and offer these naysayers an invitation to visit Mountain Energy at their office if you will. Jack Uselton's reply: Any stockholder is certainly welcome to visit our office in Houston. Those who think this is a scam know absolutely nothing about this company, nor the people in the company. The integrity of the company and its employees is beyond question by anyone who knows us, this is definitely a new company and we have plans to build a company that all employees and stockholders will be proud to be a part of. Visit MTEI at: 770 San Feline, Suite 480 Houston, Texas, 77063 Voice: 713 334 4111 ___________End____________ Home Page