ADGI - American Diversified Group Message Board

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Microcap & Penny Stocks : ADGI - American Diversified Group

ADGI 2.110

-4.5%

Jan 23 9:30 AM EST

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To: AL RICE who wrote (6082)	4/2/1998 10:50:00 AM
From: TraderGreg	Read Replies (1) of 9569

There are many foreign companies that will do extrordinary things to own " American Co Stock." As an example, look at SETO. They recently acquired a company in Malaysia that was 10 times their size by only doubling their shares, with no change in the float. While this sounds too good, keep in mind that the Malaysian company wanted desperately to trade on an American exchange. So, the Malaysian outfit gave up essentially half their company to become principals in an American BB company. As a result of the merger, they will soon become a NASDAQ/AMEX listed company. The Malaysian company's alternative was an Asian BB exchange? Giving up half was chump change. TG

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