AMDL Inc (OTC BB:AMDD) 18 month target $10 Message Board

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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: Dan Hamilton who wrote (222)	6/2/1999 4:29:00 PM
From: EasyWay	Read Replies (1) of 285

Before the first stock split the company reported 33,754,903 shares outstanding. They did a 1:20 reverse split which left 1,687,745 shares. Then they did a 1:10 reverse split which leaves 168,775 tradable shares as I see it. They did issue 6,666,667 shares to the investors that put up $1 million recently (see their news report dated 3-5-99), but as I understand it, this is treasury stock and not tradable on the street. Those shares were issued before the last split so even if they are tradable that would have added up to 8,354,412 shares which would reduce to 835,441 shares now outstanding. If you (or anyone) knows whether those added shares can be traded, I'd be interested in knowing the mechanics of that. But let's assume you are a deep pocketed investor who was issued those shares with a $1 million investment. The stock has fallen brutally from $10 down to $1 and change. Are you interested in trading those shares when you are so far under water? Especially if it appears that we may have reached a bottom? Easy :)

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