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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Shell Searcher who wrote (4741)11/29/1998 1:54:00 PM
From: James A. Cole Jr.  Read Replies (1) | Respond to of 7039
 
<< Have you heard anything about MIDL?? I understand that if it hasn't traded by 12/31/98, you can write it off to $ Zero and take Capital Loss in 1998. If stock ever trades again, your cost then is Zero. >>

www3.techstocks.com
MIDL .... A Real Sleeper
Jim read the above link as MIDL is still a tradable security and believe it's best to call your broker for spicifics on how to handle the loss. I've not heard or read anything to lead me to believe one way or another if the company will trade again after the SEC is through.
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I HAD ALREADY CONTACTED MY BROKER AND AM AWAITING ADVICE; MEANWHILE DOES ANYBODY ELSE HAVE THOUGHTS OR INFO ON SUBJECT??

Regards, Jim Cole



To: Shell Searcher who wrote (4741)11/29/1998 2:48:00 PM
From: Marshall W.  Respond to of 7039
 
Thanks. Encouraging, at least we have not been abandoned.

With El Nino and other farm crop factors, including a lack of timely harvest labor and greatly reduced prices, which is better:

Chapter 7 or 13? I certainly would make every effort to repay.

Suggestions via PM please. Too embarrassing to make this public more than once.

With appreciation, thanks and best to all,

Marshall W

P.S. Still awaiting God's help on MIDL but God also expects us to be prepared to the best of our abilities and to give thanks in all things good or "bad". Eternity is more important.

I am getting my olives pruned real cheap....I work for for .25 an hour all year. Actually I work just for room and board. Other farm crops and prices have been bad almost everywhere in the USA.

Life is still great fun...most of the time, until one thinks of unpaid bills ahead. "So what else is new in farming?" After 56+ years...just a bad habit? But the exercise sure keeps one healthy and lots of fresh air.

I have to laugh at life and especially at myself as I close this, things are great, joy in the heart, with God on our side and I need all of the help that I can get.



To: Shell Searcher who wrote (4741)11/30/1998 10:31:00 AM
From: one_less  Respond to of 7039
 
Has Mark's position about the Shipping Merger changed any?



To: Shell Searcher who wrote (4741)11/30/1998 10:36:00 AM
From: one_less  Respond to of 7039
 
SEC auditors? Where is the focus of their audit/investigation at this point? What is the progress on court case(s)?



To: Shell Searcher who wrote (4741)11/30/1998 12:40:00 PM
From: Shell Searcher  Read Replies (2) | Respond to of 7039
 
Shipping co. is still interested. Case against Dan still continues, perhaps resolved early next year.