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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology)
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To: tom who wrote (716)4/25/1999 6:22:00 PM
From: Savant   of 825
 
Tom, in answer to the first question, an astute investor(s),before injecting that amount into a company, would do serious Due Diligence to see if the project has merit, ie will work and might make a few bucks down the road.
For the second question, the project took longer than planned, (no surprise there), so more funds were required. Not unusual at all for R&D companies looking to transition into sales and profits.
All IMO.
Best, Savant
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