ADGI - American Diversified Group Message Board

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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: John7777 who wrote (5824)	3/19/1998 10:12:00 PM
From: Char Govar	Read Replies (1) of 9569

In the big news announcement of last week we were told that ADGI was entering into "a joint venture and equity participation with Telephonetics Overseas Corp. of Miami." Sounds like "equity participation" means that ADGI gets to pay cash that is in short supply to get 45% of a company of unknown value. Does anyone have a take on Telophonetics? char govar

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