ALDM - Anyone know anything about this company? Message Board

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Microcap & Penny Stocks : ALDM - Anyone know anything about this company?

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To: Sapper MSG who wrote (291)	7/12/1998 3:56:00 PM
From: Cavalry	Read Replies (2) of 381

Sapper, wish all aldm longs the very best i know no more than anyone else, all i did was call the phone # at the top of the Barrington report, couldn't find the fact that aldm reverse split their stock 1 for 10 last year anywhere on this thread and mentioned that a144 means sale and the price was 1.25 for 100,000 shares. Before reverse split that would have been 1 million shares the owner of the company sold for $1.25 or $125,000, which 6 months earlier was worth $500,000 aldm price of $5, which today would only yield him $62,000, guess he knew when to sell. However if you believe $7 per share price quoted by Barrington report Rick could have waited and gotten $700,000 within a year to sell those 100,000 shares. I wish all ALDM longs the very best I know no more than anyone else Do what you feel comfortable with Cavalry Ps Please don't tell me you have an offshore holding company PSS How do you know they didn't tell everyone last year they were waiting for the end of rainy season. PSSS does any investor have a copy of the geological surveys aldm has showing value of their assets so people can make a better informed decision.

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