<LOL!!!!!!!!!!> Are any of you familiar with ADGI? There is a thread,and a chart<vvbg>..Just caught this from the NTAH website..
"1F) On December 20, 1994, the Company issued 400,000 shares of
its common stock for $10,000 in cash and 60,000 restricted shares
to Tera West Ventures Inc. The shares of Tera West Ventures Inc.
are traded OTC Bulletin and the stocks board symbol is TWVI. On
December 20, 1994, the stock was $5.50 bid, $6.50 asked. Because
of the restriction, the stock was valued at the bid price of $5.50
times 60,000 shares less a 30% discount or $231,000. Thus this
entire transaction had a value of $241,000. In March, 1995, Tera
West Ventures Inc., changed its name to American Diversified Group
Inc. The stocks OTC Bulletin Board symbol is ADGI.
1G) On December 31, 1995, the bid price of American Diversified
Group Inc. was $0.23 per share, thus reducing the cost by $217,200
and reducing the value of the securities on the Balance Sheet to
$13,800, which is net of unrealized losses."
This is definitely not a feather in Daniel K.- the promoters cap...DD
PS: ADGI's stock price is now $.017........ |
