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Microcap & Penny Stocks : ADTC
ADTC 0.000001000-99.0%Jun 2 10:25 AM EST
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To: Dennis Levenson who wrote (306)7/19/1998 3:50:00 PM
From: Richaaard  Read Replies (1) of 329
 
Dennis,
If you consider that they could be worthless by the end of the month, then they are overpriced at 1/16. If we get another 60 day extension then they might be worth the 1/16, but I wouldn't bet on it. Hopefully if management decides to extend them at lease 6 months there may be value, but keep in mind that it now takes 2 warrants to purchase 1 share of common.

Richard
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