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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: John Booth who wrote (3559)5/31/1999 2:43:00 AM
From: GC  Read Replies (1) | Respond to of 5541
 
To All,

I have a question and a couple of comments, as well as a reply, so rather than send mupltiple messages in a row, I'll try to do the above in this one reply.

1st my question: I have to admit that I didn't know what these foreign distribution sales really meant and would like someone that really can explain it, to do so. I really would like an in depth explanation concerning theatrical releases and hopefully MVEE would get an additional percentage of movie take. I really don't believe that they would make money by selling 50 percent of foreign potential for a couple million on either a "Held for Ransom" or "After Sex" when you consider the costs involved. Hopefully this money was just for the right to distribute and if there is a theatrical release, we'd get much more?????

2nd my comments: ANYONE THAT SPECULATES IN THE MARKET SHOULD DO DD and have a certain level of knowledge. MVEE right now appears to be a prime opportunity for great appreciation, if, any of the 3 movies just announced, is a big commercial success. That is looking like a good possibility now but these movies are in early stages. Guess I do have another question I just realized. Did anyone on this board(I didn't) read all 3 books from the author of I Know What You Did last Summer and lastly, how did we get this opportunity??? Connections would mean this is a screaming buy.

3rd my reply: This is the hardest and I will be honest. I was an early poster and was real excited but I was also lucky. I saw MVEE at .10 last year and did see the Cannon connection hype, did do some DD but it is hard when a company isn't reporting. Nothing you are told is guareenteed, even when it is a reporting company because the company can still lie or mislead. You do usually get more factual info and , I believe, have more recourse if you were relying on SEC docs. I did post after buying, which is the way it is for any positive info on a company posted. These boards aren't perfect but many times you make great gains when you can get a head start before everyone knows. The really bad part is that sometimes, I believe, the posters are misled by either the company(usually at least in an indirect way) or a PR firm. Who would start saying wonderful things, which by the way, the vast majority believe are true, before they have a nice position?? rhetorical Q only!! But I was in at .10 to .13 back last year and when it ran, I did more probing and found that I wasn't sure enough to blow a double I made in a month or so. So I sold, never to post again until recently when I read all the NEW positive developments. I really can't wait until this company becomes reporting because certain things then become obvious, like current shares outstanding?? I was slightly misled about that last year and that was a primary reason I bailed(1st heard about fifty, then shortly later ninety.. million) Now I hear 125 million but if the company ever reports the truth, this stock will take off if that is close because I do believe they have some new in , which, if they can execute on it, will make us rich or at least rich if you have 25-50K in it at current prices.

Lastly, for those that bought last year at the high. Hopefully you knew enough about the market to be in a speculative and penny stock(a real one though). If you bought at the high and sold at the low, I don't think there is much you can do about it unless proper penny stock rule procedures weren't followed. You could buy some though if you believe your timing was way off but you feel you might have made a mistake LT. If you are still reading this board and bought high but are still holding however, you do have an opportunity and I do believe it is to average down hard here. I did watch it for the last year and decided it was a real good time to get back in but hopefully you understand that this IS JUST MY OPINION> I don't tell you how to bet at LV, do I???

SORRY next time, I should break it up, I think??

Gary215