Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Millionaire.com (OTC BB:MLRE) --Realistic expectations -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (11)	12/19/1998 10:42:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 132

from their Dec. 15 press release.... As part of the acquisition of LMAC, the company raised $1 million, changed its name from Charter Investor Relations of North America Inc., to Millionaire.Com, appointed a new board of directors and changed its offices to Bluffton. The company also effectuated a 3 for 1 forward stock split which is effective with the commencement of business on Wednesday, Dec. 16, 1998. I posted this objectively over there hoping to spark some skeptical discussion. But not. So basically, the stock is valued at roughly $1-2? Do I read this right, you can buy all the shares of a worthless company, change the name to reflect a ".com" at the end of it and begin trading it? I mean no business, just an idea or a concept? It was a good trading stock, but just try not to be the last one stuck with the bag of worthless ideas.