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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential -- Ignore unavailable to you. Want to Upgrade?

To: Provocateur who wrote (1818)	11/28/1998 1:19:00 AM
From: Baldur Fjvlnisson	Read Replies (2) \| Respond to of 5783

Well Prov, MPTV is down and I'm out. Think I'll be back in at some point though. MPTV is as intriguing as ever. Although the stock is down in the dumps, the people in control of it don't exactly seem to be paupers. Check this link, which popped up on the thread last September: anglofinancial.com <<<<In 1996 we made a two-year $7.6 million 15% loan to a NASDAQ company called MPTV, Inc and in 1998 that loan was repaid and we made a two-year $6.8 million to MPTV, both guaranteed by MPTV's wholly-owned subsidiary, Consolidated Resort Enterprises, Inc. The most recent loan was secured by marketable securities with a value of $5.6 million mortgage PLUS liens on several pieces of real estate in southern California with a value net of liens of $9.1 million.>>>> I bet they didn't put up the whole farm to secure that loan. Hopefully the stock will recover, even with 440 million shares the market capitalization is 3.5 million dollars. Doesn't seem that high if those guys can ever get something going besides issuing stock. Best of luck, Baldur F.