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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: JeffO who wrote (3357)5/17/1999 8:37:00 AM
From: rics  Read Replies (3) | Respond to of 5541
 
MVEE has a GRADE'StockGrade.com reiterates a Grade of F for the securities of 1ST MIRACLE GROUP INC, (OTC BB: MVEE).
Small Stock News Network - May 16, 1999 21:06

OMAHA, Neb.--(SMALL STOCK NEWS NETWORK, ssnn.com) May 16,
1999--StockGrade.com, a proprietary stock grading service, providing grades
based on a company's historical earnings and sales growth momentum, has
reiterated its grade of F for the common shares of 1ST MIRACLE GROUP INC,
(OTC BB: MVEE).

StockGrade.com analyzes and grades the common shares of 14,373 publicly traded
companies utilizing an A, B, C, D, or F grading system.

Additional information on this company, and others is available at
StockGrade.com at stockgrade.com.

CONTACT:

Park Avenue Capital Corp., New York
Teddy J. Kurtas, 212/727-3120
info@parkcap.com, www.parkcap.com




To: JeffO who wrote (3357)5/17/1999 1:31:00 PM
From: Stephen Goldfarb  Read Replies (3) | Respond to of 5541
 
Jeff: I have no particular problem with your response.

My assumption is that expensing certain activities, such as parties for entertainment industry guests, will happen normally as a matter of course. It would concern us all if there was a spate of improper, arbitrary or unnecessarily excessive "life style" expenses billed to the company. It's probably naive to think that, if it were occurring, anyone would reassure an investor to the contrary. Perhaps it would be nice to hear, for whatever it may be worth, that the company has a stated policy of conservative operation. I think the only recourse, should there be improprieties, would be an after-the-fact audit. Wanting assurance that everything is on the up-and-up seems understandable for a shareholder in a speculative, entertainment industry stock, but not likely to be achieved.

Steve