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Microcap & Penny Stocks : Adair Intl. Oil and Gas (AIGI)
AIGI 0.00010000.0%Oct 31 9:30 AM EDT

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To: opalapril who wrote (757)3/28/2001 8:59:24 AM
From: Bill Kinkade  Read Replies (1) of 769
 
Opalapril,
About the only thing I can add to your question of more information would be to look at AIGI's SEC filings. You might want to start with 10K SB/A Amended Annual Report from 9/14/2000. If you scroll down to pages 17,18 & 19, it explains the financial structure of the Teayawa Power Plant in California with Calpine(CPN) and the Oil exploration in Yemen on Block 20 with Occidental(OXY) and the acquisition of AIGI's subsidiary Partners in Exploration(PIE).(4,200,000 shares)

If you look at AIGI's latest filing 10Q from 1/25/2001 it will give you AIGI's revenues for the 6 months ending November 30th 2000.($1,116,145)

As for the latest announcements on the power plant and the sugar refinery plant in Yemen at the Aden Free Zone, there has not been any details given yet but the PR states that the project was submitted and being reviewed by the Export-Import Bank of the United States and the International Funding Corporation(IFC) part of the World Bank.

And as for the recently formed subsidiary Superior Geophysical, the details are not given yet but the PR states that it was financed by the Chase Bank of Houston.

Regards,
Bill
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