ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology) Message Board

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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology)

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To: Mark Woolfson who wrote (647)	2/15/1999 11:07:00 PM
From: G.J. (Hijacked)	Read Replies (2) of 825

Can anybody provide some insight as to why they would need about 2-3 mil $CND so late in their apparent development stage? Apparently they need this financing to buy test equipment for their chip. From some of the posting on this thread it was mentioned that this equipment was priced at 30,000 $US only. I also heard from reliable sources that R Hunter is in deep financial troubles (otherwise why would he not "invest" the needed 30,000 if his chip is so efficient and so cheap?) Why wouldn't CDN or IBM help them out for the testing? On another note, when I contacted ADI's PR for further info (as of my last post) I was directed to K. Moroe, son of J Moroe. What does this imply? For your own sake, call them and schedule a tour of their development facility. For your own sake, ask them why they need so much money so late in the development stage. Don't just speculate. I sincerely hope for all of you that ADI is indeed a legitimate RD company.

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