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Microcap & Penny Stocks : ADGI - American Diversified Group
ADGI 2.220-0.4%Dec 4 9:30 AM EST

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To: Commishman who wrote (5699)3/14/1998 11:33:00 AM
From: John7777   of 9569
 
Commiss, officers of a company must file to sell shares in advance depending on the compensation. i dont believe that is the case with ADGI, I asked Kraft that at the meeting.

Another way of looking at it would be, don't you think the officers, attorneys etc who are issued shares for there services would like a higher sustainable stock price. They could make a hell of alot of money in that case.

There were warrants that could have been cashed in at i believe .08, though i'm not sure any of them were. That would give the company some capital.

hope this helps

john
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