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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology)
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To: G.J. (Hijacked) who wrote (648)2/16/1999 1:14:00 AM
From: Mark Woolfson  Read Replies (1) of 825
 
GJ,

Maybe they needed more money for other operating costs. Also, I don't think getting into too many private placements is a good thing. So that may be another reason for the amounts in question. Maybe witht his placement they can go another year or two in R&D. Who knows.

Mark
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