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spokeshave

03/01/04 8:24 PM

#23345 RE: MIDWEST AND LURKING #23341

MWL: Re: NVEI would NOT have hired MP unless they had something of fruitation going to take place. They could have just sold more 144's and more offshore financing.

I disagree. The practice of selling deeply discounted 144 shares is dependant upon there being at least a reasonable expectation of achievement by the company. While I suspect that some of the discounted 144 shares have been illegally sold in offshore transactions by the buyers (note this is *not* an accusation of the company), most buyers probably intend to hold the shares until they are able to be registered and sold. Because the company has repeated demonstrated a remarkable ability to achieve absolutely nothing, they have exhausted their ability to convince investors that there is a potential for return in the future. Therefore, because of the company's dismal performance, there is no longer a market for their discounted shares.

The only way that they can secure funds for continued salaries, er, operations, is to negotiate deals like the $2 million convertible debenture/warrant deal whereby the investors are offered not only deeply discounted shares, but also a deal that makes those shares free-trading, in conjunction with a coordinated hired marketing scheme to artificially inflate the price so the shares can be unloaded at a high price.

The evidence in favor of this scenario is overwhelming.



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louis

03/02/04 12:30 AM

#23350 RE: MIDWEST AND LURKING #23341

MWL,

Appreciate your thoughts. I tend to agree with your statement: NVEI would NOT have hired MP unless they had something of fruitation going to take place. They could have just sold more 144's and more offshore financing.

Slow accumulation taking place and then the ride..


Any thoughts on when the ride will begin. I am leaning to mid April in conjunction with the DVD SIL.

IMHO...

Louis