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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: LegalBeast who wrote (3387)	5/17/1999 4:31:00 PM
From: jmhollen	Read Replies (1) \| Respond to of 5541

LB, If you were just a little more accurate in dealing with what was said, as opposed to what you wish was said - in support of your opinion; a discussion of the issue would be a little less convoluted. The point was to make IR and Cataldo very much aware that a great number of us have very little tolerence for Hollyweird financial shinannigans. Nobody suggested calling the CPA; just an effort to make him bloody well aware (by a public introduction) that he's being watched like a hawk! Unlike the liberal whelps that tag around after Clintwit - hoping for an advantageous bone (or a free cigar); many of us have participated in practical life-skills training through organizations like the Boy Scouts and Explorers; where they teach you to "..BE PREPARED..". And, having subsequently attended college and had professional-OTJ experiences where "..SAFETY..", and "..PLANNING AHEAD.." is stressed - being behind the curve is not considered desirable. What would be ultimately desirable, would be a quote in the SEC submittals by the CPAs, stating, "..that it is management's policy that all receipts and expenditures are carefully tracked, all acquisitions are specifically approved per bids/quotes/POs, and x.y.z.-tests are in place to assure that maximum financial efficiency is ensured. We have found, and hereby certify, that these actions are being enforced...(blah, blah blah)". Now, perhaps a lawyer, or an SEC bureaudroid, would like to "..discover.." and "..prosecute.." someone after-the-fact; for a fat fee. I, however, would rather see the situation prevented by good planning, and some upfront statements of policy. The time to communicate any messages to management (good, bad, complimentary, uncomplimentary, advisory, suggestive, making demands or otherwise) is now - before they begin to believe that their investment public are so many sheep. Proactive intervention beats the hell out of post-screw-up Clintoneese micromanagement, and damage control. If anything is to be learned from current events. John :-)