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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: Suzanne Newsome who wrote (1722)	11/12/1998 1:57:00 PM
From: Suzanne Newsome	Read Replies (2) \| Respond to of 5541

If you feel that it is a reasonable request that 1st Miracle file with the SEC, you will need the following information to make your opinion known: Mr. Peter Benz 1st Miracle Group, Inc. 543 Virginia Ave. San Mateo, CA 94402 Telephone (650) 340-1074 Mr. Menahem Golan Magic Entertainment, Inc. 221 W. 57th St. New York, NY 10105 Telephone (212) 713-0050 The original scenario of this company involved Limited Partnerships (LP's) in which a group of investors funded a movie (or group of movies). These investors either were the first to profit or the first to take a hit. These investors received full disclosure about the company, the movies, the industry, the risks, and everything else. The LP's have not sold (the target audience—high net worth individuals or "smart money" did find the conditions and terms acceptable). Thus the total risk of the company has been passed on to the shareholders. In addition to losing the protection of the LP's, other risk factors include 1) a corporate structure that defies understanding although the main office employs only 10 people; 2) two principles who have questionable business reputations; 3) persistent promises that the company is going to file with the SEC but no action is ever taken; and 4) an association with a brokerage with a tarnished reputation. The risk of this stock can never be eliminated, but could be reduced if 1st Miracle were to file with the SEC. Considering what management is asking shareholders to put up with, the least they can do is provide full financial disclosure now. Regards, Suzanne