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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: rics who wrote (2839)	5/7/1999 9:45:00 AM
From: jhild	Read Replies (1) \| Respond to of 5541

est current market cap $4.9 million 109 mil outstanding // <<about 80 mil in the float>> Curious numbers here rics. I see from earlier reports that the float has seen some important expansion. According to my hand-written notes of a conversation with Jeffrey Volk on 9/25/98, outstanding shares were 90-95 million, float was 30-35 million, and closely held shares were 55-60 million. Compare those numbers to my conversation with Clint Cantwell on 2/5/99: 97 million outstanding, 80 million in the float. Someone posted after this date that that Golan, Globus, and Benz owned 13 million options. So, how did closely held shares go from 55-60 million shares to 13 million options? Either management lied like a dog or sold tens of millions of shares into the public float. And we wonder why the price has gone down. #reply-8429299 Here is this other interesting comment about management's intentions of filing financials. Looks like the John Schmitz School of Filing over on PABN/PRWT. Since last fall, management has been promising they were going to file with the SEC "by the end of the month" or "in a couple of weeks." Here we are 5-6 months later and still no filing. Management had no intention of filing last fall. #reply-8429299