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


To: Daniel Miller who wrote (2075)1/21/1999 8:56:00 PM
From: Aubie  Read Replies (1) | Respond to of 5783
 
Daniel,

I don't give investment advice. MPTV has had and continues to have huge potential. Particularly at this price. They have 22 buildings, of which only phase I is complete. The rest needs overhaul. To what extent I do not know. Phase I is all but sold. It will be sold when they get clear title again. (pay off Gould) They should clear around 8 million with the sell of phase I. This will provide additional working capital to complete the project.

This is where the real potential begins. The timeshare increments will sell for 12.5k as published 4 years ago. I think the price will go up before sales begins. The number of increments as published on 11/04/98 was 9,152. I do not know if the space allocated to Phase I needs to be subtracted from that number. The value of everything in Vegas has gone up in the last four years so look for the 12.5k price to go up prior to timeshare sales.

I know you took some heat the last time you suggested MPTV so please take no advice from me. I would have a hard time turning my family onto this on until the news hits the street. I just heard today that the news is close and I believe it for the first time in a long time.

Roddy...