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Microcap & Penny Stocks
MTEI - Mountain Energy - No BASHING Allowed
An SI Board Since June 1998
Posts SubjectMarks Bans Symbol
11683 42 0 MTEI
Emcee:  Tod C Type:  Unmoderated
MTEI "MOUNTAIN ENERGY GENERAL OVERVIEW" from Tod C

Corporate Information
Ticker Symbol: MTEI (OTCBB)

Mountain Energy Inc.
7700 San Felipe, Suite 480
Houston, Texas 77063
(713) 334-4111

Jack Uselton -- Chairman and Chief Executive Officer
R. David White -- Vice-President, Director and General Counsel
Winston Overstreet -- Vice-President of Operations
Quentin Moore -- Vice-President of Exploration
Management team has more than 200+ years of experience.

Investor Relations contact
George Guttman, 212/293-9034 or 718/951-0260
===============================================================

Brief Summary
Mountain Energy Inc. is in the business of acquiring primary
producing reserves along with the development and production
of passed over developed domestic oil and gas reserves
utilizing modern technology to find and enhance production.

Mountain currently owns 30 separate properties in West Virginia
with approximately 1,300 acres owned in fee and an additional
1,300 acres of mineral rights. Reserve estimates by the U.S.
Geological Survey (''U.S.G.S.'') indicate in excess 10,000,000
tons bituminous coal. This low sulfur, low ash content, high
BTU, clean burning currently sells for $25-$28 per ton. With
cost of mining and transportation estimated at $11-$15 per
ton, this will show a $10 per ton conservative net profit,
(representing maximum cost to mine and minimum selling price),
providing net asset value in excess of $100,000,000, with a
potential of $170,000,000. The U.S.G.S. estimates also indicate
in excess of 2 billion cubic feet of coal methane gas. This gas
currently sells in excess of $3.00/MCF 1000 cubic feet. In most
cases this gas is subject to an alternate fuel tax credit in
excess of $3 MCF, for an estimated value of $5/MCF valued at
$10,000,000. This translates to approximately $2.85 per share.
History indicates that U.S.G.S. estimates usually represent 25
percent to 40 percent of actual minerals in place.

Mountain Energy has received acceptance on its purchase offer
to acquire an additional 8,000 acres of mineral reserves in
Lincoln and Raleigh counties in West Virginia. (Use the
numbers from the preceding paragraph to extrapolate the value
of 8000 West Virginia acres.)
===============================================================

SHARE INFORMATION

TOTAL SHARES AUTHORIZED: 70 Million
RESTRICTED SHARES: 50 Million
SHARES OUTSTANDING: Apx 20 Million
SHARES IN THE FLOAT: Apx 14 Million
===============================================================

DD summary
Message 4810635

Mountain Energy Info Thread - Nice summary in header
Subject 21194

Recent Press Releases
06/08/98 Message 4780025
05/29/98 Message 4623154
05/21/98 Message 4814082

Old ICVI Thread (ME acquired ICVI through a reverse merger)
techstocks.com
===============================================================

OTC:BB Exchange Info:
otcbb.com

NASDAQ & AMEX LISTING INFO:
This site lists the requirements for NASDAQ Small Cap Listing:
nasdaq.com
This site lists the requirements for AMEX Listing:
amex.com
===============================================================

PLEASE NOTE:
I am NOT associated with this company in any way. I am an
individual investor with my own opinions. I don't give advice.
Questions should be directed to the appropriate source, many of
which are listed above. Everyone is urged to do their own
research before investing in anything.

Have a Prosperous Day,
Tod
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ReplyMessage PreviewFromRecsPosted
11683Jack and Darrel Uselton settle civil charges with the SEC: sec.gov Criminal chazekel-3/25/2009
11682Updated trial info: Here is the link for trial info spamsuite.com SEC v. Jack zekel2-10/8/2008
11681Davidson's career as spammer started in late 1990s By Jeff Smith OriginallJeffrey S. Mitchell-7/26/2008
11680U.S. Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.Czekel-4/15/2008
11679I still show 15,000 shares of MTEI from the good old days gone bye. Problem is tLT-4/11/2008
11678Macker...how funny...yeah, those were the days. UPDATE: Jack and Darrel Useltonzekel-4/8/2008
11677Gawd, I remember I did my so called due diligence by phoning MTEI and speaking wjustaninvestor-2/5/2008
11676How sweet it is! regards, zekelzekel-9/21/2007
11675protrading.com protrading.comSEC-ond-chance-7/11/2007
11674Video of arrest oag.state.tx.us Texas Attorney General, SEC File Market ManipulHoatzin-7/11/2007
11673Spam suspects charged over $4.6m share con By John Leyden Published Tuesday 10thStockDung-7/10/2007
11672Well, there's a surprise. Some good news, after all, but rather limited. IHoward C.-8/19/2003
11671From the SEC site: U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. LiArcane Lore-8/18/2003
11670IN case you didn't hear and knew him: Subject 53511Patricia Trinchero-1/30/2003
11669Mr. F, Some of them are still here, most are gone to RB. This "contrariaJohn Sladek-10/24/2002
11668Well actually things have been pretty good indeed. I must admit though that I miMr. Forthright-10/24/2002
11667Mr. F., Long time, no post! I hope that everything is OK with you. Regards, John Sladek-10/23/2002
11666Hey, Jeff, how have you been keeping? These bloody Canadians again?????Mr. Forthright-10/15/2002
11665IDA Rampart target Kasman abruptly fires defence lawyer 2002-09-24 18:12 PT - StJeffrey S. Mitchell-9/25/2002
11664hey J you ole buddy in hot water LOLOL Message 16908318bigbuk-1/14/2002
11663Unfortunately they take FOREVER. And when they finally act, usually the crooks Janice Shell-1/8/2002
11662Mr.D dropped about 500k on MTEI. He never got any unauthorized shares to sell oBigDaddyMac-1/4/2002
11661Never did. Never had to. I suppose you would look down on something like that.Howard C.-11/26/2001
11660Why is "No BASHING" Allowed? Anybody here ever cheat on an exam in colSalemsHex-11/24/2001
11659Joe Gort didn't make the short list I see.jhild-11/19/2001
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