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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (16285)	7/14/1999 9:40:00 AM
From: RCJIII	Read Replies (1) \| Respond to of 29382

ADRN news out- (COMTEX) B: Adrenalin Interactive Announces Completion of $2 Million B: Adrenalin Interactive Announces Completion of $2 Million Financing for Merger With McGlen Micro LOS ANGELES, Jul 14, 1999 (BUSINESS WIRE via COMTEX) -- AdrenalinInteractive Inc. (NASDAQ:ADRN) today announced it has completed its $2,000,000 financing. The proceeds of the financing will be used to fund expenses arising from the previously announced McGlen merger, including legal and accounting fees, other merger related expenses, working capital, and immediate operational obligations of the company. Of the $2,000,000, Adrenalin has received gross proceeds of $1,250,000 from the sale of 293,255 shares of its Common Stock ($4.2625 per share, which represented a 10% premium over the market price of the shares of last Friday's close, July 9, 1999). The remaining $750,000 will be placed in escrow prior to the merger with McGlen and will be funded at the completion of the merger. The company Common Stock to be sold for the $750,000 will be priced at 10% over the market price at the close of the merger. Please refer to the Form 8-K filed by the company today with the Securities and Exchange Commission for additional terms of the financing, including, redemption rights, repricing rights, registration rights, above market warrants, restrictions on certain future issuances by the company and resale restrictions. The offer and sale of the securities referred to herein have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or qualified under any state or non-U.S. securities laws, such securities are being offered and sold in reliance on the exemptions afforded by Regulation D promulgated under the Securities Act. The securities may not be transferred or resold without registration and qualification under the Securities Act and applicable state and non-U.S. securities laws, unless an exemption from registration and qualification under the Securities Act and suchlaws is then available. The ability of the company to consummate the proposed merger with McGlen Micro, Inc. is subject to the satisfaction of various conditions, including regulatory and shareholder approval, as disclosed in previous filings by the company with the Securities and Exchange Commission. Accordingly, the company can give no assurance that such merger will be consummated. If such merger is not consummated, or certain other closing conditions are not met, the investor will not be obligated to fund the $750,000 referenced above. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Adrenalin Interactive Inc., Los Angeles Jay Smith, CEO 310/821-7880, 310/821-4251 (fax) e-mail: jsmith@adrenalin.com adrenalin.com or

To: Ditchdigger who wrote (16285)	7/14/1999 10:01:00 AM
From: Ken W	Respond to of 29382

DD Alternate fuels. LOL The only thing we have in alternate is lifesyles... CA is the cash cow of the oil co's. The oil co's run the legislature thru lobby money. I have tried to figure out for years how it is that it takes less processes to make unleaded gas than it does leaded and yet it always cost 3 to 5 cents more for unleaded. LOL As to alternate NPG etc. There is a very small % of vehicles that are mandated, but compared to the number of vehicles on the road the % is a drop in the bucket. Electric is not going to work as the storage problem seem insurmountable....yeah right. We can put a space station out there for YEARS, but no battery that will go over 100 miles...Please! What it boils down to Kenny is, CA uses more gas than most countries. CA has no public transportation of any size. CA is spread out for miles, and miles. Personal vehicles, to Californio's are their status symbol and they WILL drive them, even if they have to sell the childern to do it. So their you have it. Short supply, un satifiable demand and no alternative. Any wonder that they have the thing by the throat?? Ken