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


To: Dusty who wrote (4907)1/13/1999 1:03:00 PM
From: Jack of All Trades  Read Replies (3) | Respond to of 7039
 
Well Dusty looks to me as the ONLY person that is trying to get this stock back trading IS Mark Pierce. Looks to me as though he has done what he said he will do!!! Last month we had the 10K and a 10Q filed. Next is the 15c-211.

What has Mr. Fisher and Affiliates done for us lately? besides take our money!!! Well from the 10Q looks like their word can't be trusted... Looks like Danny boy has some cash, wonder if some of it mine!!!!

The Company on August 21, 1998, entered into an agreement with Mr. Daniel W. Fisher and his two affiliates, St. Andrews, Inc., and Morgan Guaranty, Ltd., whereby Mr. Daniel W. Fisher returned 134,800 shares of Series A Preferred Stock, 9,000,000 Series A Warrants and all of he remaining shares of Series B Preferred Stock then outstanding to the company, all of which have been surrendered to treasury. In addition, Mr. Daniel W. Fisher paid to the Company the sum of approximately $615,964.98, half of which was agreed to be released to the mediator for resolving the disagreements between the parties. In addition, Mr. Fisher agreed to surrender to the Company all securities and money held in a brokerage account in the United States and to surrender the accounting records of the Company. Subsequently, the Company learned that there were no securities or cash in the United States brokerage account, and Mr. Fisher refused to return the accounting records; thus, the Company declared the agreement to be null and void and is again pursuing judgments against Mr. Fisher and his affiliates.