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Microcap & Penny Stocks
mpeh
An SI Board Since June 1998
Posts SubjectMarks Bans Symbol
18 3 0 MPEH
Emcee:  William Nelson Type:  Unmoderated
This is the current "future superstock". I feel like this may
be a legitimately good pick....but I can't find any source of
info about it other than FSS, so I won't buy it. Anyone on
SI know an info source?

Here is what FSS says about it:

MPEL Holding Corporation (Ticker: MPEH) was founded in 1987 and is
located in New York. Over the past 4 years MPEH has seen incredible
growth in revenue and originating mortgage loans. All of MPEH's growth
has been as a private company. As a result, capital has been limited.
It is for that reason that MPEH recently went public. As a public
company, MPEH has a much greater opportunity to raise capital in the
public markets. Raising capital will allow MPEH to expand its revenue,
net income and volume of mortgage loans at a much more rapid pace than
if the Company was private. Obviously this creates an opportunity for
investors.

Currently MPEH has 15 retail branches and 162 employees. The Company
has offices in 9 states including New York, Illinois, Connecticut,
Florida, Missouri, New Jersey, Arkansas, Ohio, Pennsylvania and the
Commonwealth of Puerto Rico. In addition to offices in these states,
MPEH offers its products in 7 additional states. Over the past 4 years,
MPEH's business has increased year after year. For the current year,
1998, MPEH is on pace for record revenue again. MPEH's growth has been
as follows: In 1994 MPEH originated $43.3 million in mortgage loans.
In 1995 this number grew to $58.0 million. In 1996, this number grew
again to $108.3 million and last year, 1997, this number grew to $133.5
million. The current year, 1998, looks to be another incredible year as
MPEH is on track to produce $220.0 to $230.0 million in mortgage loans.
A few weeks ago MPEH announced record numbers as the company closed
$42.0 million in loans for the first 3 months of 1998. In comparison,
MPEH closed $26.0 million in loans for the first 3 months of 1997.
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ReplyMessage PreviewFromRecsPosted
18 Anybody still watching this thing? This stock trades like no other stock I'Czecho-8/14/1999
17 Walter, It seems as tough most of the companies that were involved in the SECWRAP_IR-10/28/1998
16 It seems that the investor relations for MPEH is going to be under investigatioWalter Morton-10/28/1998
15 If you had the ability to short these short these stocks - it would be like priWRAP_IR-8/6/1998
14 I here ya. You're not alone. Dig this, I went back and charted the stock prcobrarental-8/6/1998
13 The emergence of FSS made me wish I went to law school. The sites days are nWRAP_IR-8/6/1998
12 V, I hope you're not among our ranks, of those that play with fire! The onlcobrarental-8/6/1998
11 Future Super Stock Strikes Again! Another non reporting BB stock in the toiletWRAP_IR-8/5/1998
10 To: JVM (117 ) (Trial Member) From: cobrarental (Trial Member) cobrarental-7/22/1998
9 You're right. They can hide under the radar and we are clueless as to theiWRAP_IR-7/12/1998
8stockdetective.comDoo-7/12/1998
7 I'm not buying this stock if it can't file with the SEC. Just to risky Old Stock Collector-7/11/1998
6 The insider selling is an assumption. The market maker trading under the symboWRAP_IR-7/8/1998
5 How about the insider selling where you obtaining that info? as weel as the 300Najib Mehanna-7/8/1998
4 FSS appears as though it could be a pump and dump internet operation. They get WRAP_IR-7/7/1998
3 why whach out for FSS? Najib Mehanna-7/4/1998
2 Company info available at stockinvestor.com with quote. Watch out for "FSSNoel W. Crisler-7/1/1998
1 The only info I have is that this is a non-reporting BB company that has only bWRAP_IR-7/1/1998
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