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

To: MoneyBaggs who wrote (10971)	11/4/1998 2:02:00 AM
From: jhild	Respond to of 11684

"I do not understand how those press releases got out there; it is not the truth," Tow said. He would not say how much he paid for the properties but said he paid "real money" for them. I think he paid real money alright, real little money. Somehow that statement reminds me of Claude Raines in Casablanca saying "I am shocked to discover that there is gambling going on here." As he pockets his winnings. I think Tow is embarrassed to disclose how little, not how much, was actually paid. The West Virginia properties are still owned by Mountain Energy. Should read: The West Virginia Tax Lien Certificates are still owned by Mountain Energy. And while Ibis Energy is still a private company, Usleton says he hopes to take it public soon. Let me know when you do your next reverse merger, Jack. I want to be sure a start a new thread for you here at SI - a place where all your friends can stop in and reminisce about the good old days. A thread where every post will end with You don't know Jack, Jack Uselton that is.

To: MoneyBaggs who wrote (10971)	11/4/1998 7:58:00 AM
From: PatiBob	Read Replies (1) \| Respond to of 11684

Usleton said the company was able to make its claim that the properties held as much as $200 million in coal and natural gas based on hypothetical estimates provided by the West Virginia Geologic and Economic Survey, a state agency that researches oil, coal and gas reserves. Look.....Jack......you've just got to get this story straight. Now, your telling us that it wasn't your pencil after all, it was really you. Usleton said he bought the Austin Chalk leases with money borrowed from the bank and they are the only assets of his new Ibis Energy, which he is running from his home. Once again Jack you and your pencil are having this raging debate. Your press release states that Mountain Energy bought that lease and basically in this interview you are saying that you stole it to start up your new company with. Jack, Jack, Jack, are those voices getting so loud that you can't hear your ownselves think? PB

To: MoneyBaggs who wrote (10971)	11/4/1998 10:13:00 AM
From: Bird	Respond to of 11684

"What sets this apart is the Internet and how it was initially used to push the stock and how we have been able to use it to get the word out," said investor Gregg Polley, who lost $50,000 in Mountain Energy stock. "This sort of effort would not have been possible in the old days." Mr. Polley, if you're reading this I sincerely hope you get justice, and your money back from these scoundrels. Bird (Thinking a lot of people were ruined from this)

To: MoneyBaggs who wrote (10971)	11/4/1998 11:26:00 AM
From: Janice Shell	Respond to of 11684

Nice article!

To: MoneyBaggs who wrote (10971)	11/4/1998 11:09:00 PM
From: Little Engine	Read Replies (1) \| Respond to of 11684

<<<<Usleton said the company was able to make its claim that the properties held as much as $200 million in coal and natural gas based on hypothetical estimates provided by the West Virginia Geologic and Economic Survey, a state agency that researches oil, coal and gas reserves. But Steve McClelland, head of the services section at that agency, says the agency has no idea what sort of reserves are on any Mountain Energy properties for a simple reason: It has no idea where the tracts are located, nor has anyone at Mountain Energy offered to tell anyone at the agency where they are located. >>>>> I posted that information on June 15: #reply-4875817 . Too bad I don't do any DD... <g>