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Microcap & Penny Stocks : Adair Intl. Oil and Gas (AIGI)
AIGI 0.00010000.0%Nov 5 9:31 AM EST

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To: CJacks who wrote (603)9/11/1999 1:19:00 PM
From: Bosco   of 769
 
Adair Inter. Oil

Oil is over 23.00/barrel
I suggest AIGI as a serious prospect. They have 3 major deals in the works.
Calpine www.calpine.com is rumored to be one of them and it is a very strong
rumor. Wartsila www.wartsila.com is another, both involve nat gas fired
power plants. The CEO John Adair and CFO Jalal Alghani have met with
someone from Calpine recently. The one that should come before either of
the above is an oil and sugar deal in Yemen. Jalal is from Yemen and they just
added a guy from Yemen to their advisory board who is well connected to the
gov. there. The power plant projects are all on Indian Res. and John Adair is a
card carrying member of the Cherokee Indian nation. Rumor is they are very
close to getting financing with a couple of major NY bankers. I know John and
Jalal and speak with them 2 or 3 times a week. With the price of oil/gas at the
resent levels, AIGI is in a very good position.
The o/s shares is 38mil and the float is 18mil. They have very little money
but no debt. The share price at the first of the year was about .045 and hit
a high of .21 in June. It had backed off but has started to rise the past
week. The main reason it fell was the OTC put an E on their symbol by
mistake. They got it straight, but the price had already fallen. Their web
site is: www.aigionline.com
The latest is they will be listed next week on the Berlin Exchange
and PR will be handled by www.stockreporter.de
There is a very good chance there will be a stock buy back soon.
(This was prepared and posted by Kiddo on
another club and was placed here with his permission)

Kiddo has a share count in excess of 9 million shares.
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