ADGI - American Diversified Group Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ADGI - American Diversified Group

ADGI 1.400

-20.9%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ditchdigger who wrote (6443)	5/16/1998 12:01:00 PM
From: Ditchdigger	Read Replies (2) of 9569

Relaying a private message I received.Enjoy the day. (Craig you owe me<lol>!!) To: The Ditchdigger From: Craig Saturday, May 16 1998 11:42AM ET Hey how are you? As I'm sure you can see, I'm on my trial period on SI, so I am unable to post. I wanted to point something out however, and I hope you will post a message on it. I agree that the fact that Dr. Hinton and Mr. Craft didn't file with the SEC about selling shares is problematic. However, Dr. Hinton has been working full time for this company for no cash compensation. One does have to feed themselves and pay the rent and other things. Also, there is a section on page 12 of the 10KSB under the "Results of Operations" section which says the following: "the Company was dependent upon the funds provided by non-interest bearing loans from the Company's executive officer and directors, from a consultant, as well as from the private placement of its securities to private investors." We can see that while Dr. Hinton is bringing in some cash by selling some shares, he is also being generous enough to extend interest-free loans to the company. I am just trying to make sure a balanced picture is presented here; your prior posts could unnecessarily spook some investors, which would be a detriment to everyone involved with ADGI. Thanks, and have a great weekend!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next