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Microcap & Penny Stocks : AMDL Inc (OTC BB:AMDD) 18 month target $10
AMDD 8.280-0.6%Oct 31 9:30 AM EST

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To: EasyWay who wrote (211)4/10/1999 10:03:00 AM
From: Jon Matz  Read Replies (2) of 285
 
Gosh! I just realized that I had made a HUGE error in calculating the proper target price in my last post. It should read:

AMDDD Inc (OTC BB:AMDDD) 15 month ago target $2000

The two reverse splits of 20 for 1 and 10 for 1 new share should calculate as:

$10 x 20 x 10 = $2000

Anyone know what the current Total Shares is, it can't be very many. Let's see, if it began at fifty million the calculation would be:

50,000,000 / 20 / 10 = 250,000

There is no way there are enough shares, let alone share holders or market capitalization to allow listing on a major exchange. Why did they do it?
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