Anthony, ADSP is a potential great short down to $4.00. Through a "private placement" they have diluted their stock by 2 million plus shares and if the warrants are exercised by 4 million plus. The only problem is that currently the stock is being manipulated. From a post on Yahoo:
TO TECHIE & YOGALAD PLEASE READ
by: dtra12 3/8/00 10:57 pm
Msg: 19986 of 19989I
DID SOME INVESTIGATING ON AGNELLO. HE IS NOW IN WITH KILN A SECURITIES FIRM DOWN THE BLOCK FROM ME ON LI ( A STONE THROW AWAY). I GET A FUNNY FEELING THAT THESE GUYS ARE PUMPING AND MANIPULATING THE STOCK. THEY ARE PROBABLY THE INVESTORS WHO PRIVATELY BOUGHT THE STOCK LAST WEEK. WHAT DO YOU THINK OF MY CONCLUSIONS? READ BELOW AND LOOK UP KILN IN YAHOO
2/29/00 - VENTUREHIGHWAY.COM, INC. ANNOUNCES THE APPOINTMENT OF ANTHONY M. AGNELLO TO ITS ACE GROUP
SYOSSET, N.Y., Feb 29, 2000 /PRNewswire via COMTEX/ -- VentureHighway.com, Inc. (Nasdaq: KILN), a majority-owned subsidiary of Kirlin Holding Corp., announced the appointment of Anthony M. Agnello to its ACE Group.
Mr. Agnello is the co-founder and Chairman of Ariel Corp. (Nasdaq: ADSP), a leading provider of high-density, remote-access solutions for applications such as Internet access, telecommuting, transaction processing and unified messaging. Mr. Agnello served as President of Ariel (1988 to 1996) and was Chief Executive Officer until December 1998. Prior to the launch of Ariel in 1982, Mr. Agnello served as Vice President of Engineering for Eventide Inc., a pioneer in the field of professional digital audio. He holds an MSEE and BSEE from the City College of New York.
The ACE Group is a group of experienced business professionals selected for their unique accomplishments across many fields of endeavor. They serve VentureHighway.com as experts and specialists who serve as a review board for business plans, concepts and transactions proposed to the company.
David O. Lindner, Chairman of VentureHighway.com, voiced great confidence in the addition of Mr. Agnello to the ACE Group. " Tony Agnello brings us unique, senior executive experience. He will lend fresh perspective and insight to this critical review process, helping us select the best possible transaction opportunities proposed to VentureHighway. His decision to join us in this role is a terrific development. We look forward to 'picking his brain.'"
VentureHighway.com, Inc. links angel investors, venture capitalists and strategic partners with small or mid-sized businesses seeking capital. The company is jointly owned by Kirlin Holding Corp. (63.7%) with a significant ownership by Individual Investor Group, Inc. (Nasdaq: INDI), (15.8%).
Kirlin Holding Corp. engages in securities brokerage, securities trading, investment and merchant banking, money management and e-commerce activities through its operating subsidiaries, Kirlin Securities, Inc., Greenleaf Management Corp. and VentureHighway.com, Inc.
SOURCE Kirlin Holding Corp. (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Anthony J. Kirincic, President & Chief Financial Officer of Kirlin Holding Corp., 800-899-9400 (KILN ADSP INDI) GEOGRAPHY: New York INDUSTRY CODE: CPR FIN SUBJECT CODE: PER
Is there any way to shut this bucket shop down? I am a member of your private site but due to my equipment problems, can't post there. Thanks Techie (TTT) |
