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Microcap & Penny Stocks : American Digital Corp (ADCM)

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To: Steven Meadows who wrote (36)4/23/1999 10:13:00 PM
From: Ed Pakstas  Read Replies (2) of 228
 
Steven...U ain't seen nuthin' yet...

I drove down to Toronto and paid Simmonds a visit this afternoon (as a matter of fact I just got back)... This trackpower site is gonna be hotter than a rapidfire pistol...

They figure they'll have 25 U.S. racetracks signed up inside of 60 days... Next one to come on board apparently is Santa Anita in Calif....

Site's only been up since April 1st/99 and they already have about 100 subscriber's (at $19.95/month) and satellite dishes sold (at $399.00)...

This is going to be the one and only company around where you will be able to view the horse's in action prior to a race, place your bets with your remote control and then watch the race from the comfort of your home and do it all while you're watching the race on T.V... In addition to the racing channel, you can also get a ton of other channels, including an X-Rated one...<ggg>...

Apparently they also have an exclusive, 5 year contract on the satellite transponder which will allow your T.V. to become interactive...

Look for 3 to 400 radio stations throughout the U.S to begin advertising the site (http://www.trackpower.com), next month...

INMHO...These guy's are gonna blow UBET right outta the water and apparently they've already begun sniffing out ADCM...

Company has 22mm shares issued, half of which is in safe hands leaving a float of about 12mm

Apparently there is a bill before Congress right now which will outlaw internet gambling except for paramutual betting operations...

SMM/tse (SIMMONDS CAPITAL) owns a chitload of shares of this company... I heard the figure 4mm shares mentioned but I forgot to get that verified... Will do so next week...

$5.00 is gonna be cheap for this thing in short order, considering UBET is trading at $16.00...

...ed

PS...They are about 90% sure that there will be some sort of News Release out next week...100% sure that there will be one within 2 weeks...
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