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Microcap & Penny Stocks : ADGI TO ACQUIRE SEXI?
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To: Urlman who wrote ()6/6/1996 12:52:00 PM
From: Urlman   of 70
 
YET ANOTHER COPY & PASTE

I [HARLAN] got this text from AOL. It seems like very interesting speculation.
Especially points 3 and 4. Has anybody called company and had them deny this speculation?
***Harlan***

In speculating about ADGI and SEXI:

1) Both have Thornthwaite. He's a VP at both companies.

2) ADGI was in preliminary negotiations as of 5/16 to acquire another company: The company was said to be a computer company with a system that can be used in ADGI's telemedicine programs. Note that ADGI's human serum albumin distribution originates in China.

3) SEXI was denying rumors of a proposed buyout of the company on 5/16. SEXI manufactures and markets multi-platform desktop video-teleconferencing products. In SEXI's recent agreement with World Communications Group, Thornthwaite stated: "The telemedicine opportunities in China are enormous and the relationship with WCG gives SYSTEMS a strong presence in this large market."

4) Why would SEXI deny the proposed buyout? Well, you got me, but the SEC, pursuant to Reg. S-K Item 303, apparently holds whether or not the companies have a duty to disclose merger negotiations after balancing between the informational need of investors and the risk that premature disclosure of negotiations might jeopardize completion of the transaction.

So, if you ask me, it's reasonable to speculate that SEXI's denial of a buyout as of 5/16, the same day ADGI announced they were in preliminary negotiations with a computer company to further ADGI's telemedince program, was based upon the risk that premature disclosure of negotiations would jeopardize completion of the transaction.
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