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Gold/Mining/Energy : Adamas Resources (V.AMS) -- Ignore unavailable to you. Want to Upgrade?


To: Alex Law who wrote (1937)6/8/1999 5:12:00 PM
From: AH  Read Replies (1) | Respond to of 2015
 
When did AMS get 2.4 million in cash?
I used to own some shares when the company was almost broke.
I sold immediately after the last 'change of line of business '.
Very amusing.

Good luck.



To: Alex Law who wrote (1937)6/8/1999 10:05:00 PM
From: bigbuk  Read Replies (1) | Respond to of 2015
 
Alex;

this is also what people are talking about...

OK Alex If you persist I will post.I didn't want to but someone has to set his straight to
answer where the money(new) has come from and just what is faced here;

On Feb 10/99--CompanyCancelled 50,000 director options at .22 and approved
525,000 options at .15 per share expiring on Feb 10,2001.These were approved on
Feb 25,1999.

On Apr 14/99-- Company proposed 400,000 director employee incentive options at
.15 exercisable before April 13,2001 and these were approved on April 20th 1999.

On Apr 19/99--Company proposed 655,000 director/employee options at .15/share
expiring April 19/2001 approved on April 22/1999

On May 12/99--Company approved 1,200,000 employee/director options at .16/share
expiring May 11/2001...

Check the last paragraph in this release:

wwwf.canada-stockwatch.com:80/cgi-shl/dbml.exe?templa...

wwwa.canada-stockwatch.com.

Total those options that are approved at .15 and .16 and you have 2,780,000 that will
add to dilution Alex.

The Osprey


good luck alex law,estelle ryan and kei lu on your venture!!

best regards,

bigbuk