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Microcap & Penny Stocks : Adair Intl. Oil and Gas (AIGI) -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (607)10/28/1999 8:26:00 AM
From: Bill Kinkade  Read Replies (1) | Respond to of 769
 
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AIGI.OB
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Tuesday October 26, 5:32 pm Eastern Time
Company Press Release
SOURCE: ADAIR INTERNATIONAL OIL & GAS, INC.
ADAIR INTERNATIONAL OIL AND GAS, INC. (AIGI) Obtains Listing on Frankfurt Stock Exchange
HOUSTON, Oct. 26 /PRNewswire/ -- ADAIR INTERNATIONAL OIL AND GAS, INC. (OTC Bulletin Board: AIGI - news) has obtained its listing on the Frankfurt Stock Exchange as the company positions itself for rapid growth through its oil and gas exploration and power generation projects as disclosed by Chairman, John W. Adair.

ADAIR's symbol on the Frankfurt Stock Exchange is ADAIR (WKN 925524) and can be accessed thru the following site:

public.deutsche-bank.de 42HFFD?OpenDocument

European investors are more conservative than those in America and with an increasing number of European investors this will enable ADAIR to keep down the number of day traders and other short term speculative shareholders. According to various studies the European OTC investors plan an investment duration of 6 to 24 months, which is definitely more than Americans are accustomed to. ''This will bring increased stability to our stock,'' states ADAIR.

Also, ADAIR will make a very important announcement relating to the oil and gas exploration agreement that was signed today in the Middle East by Vice Chairman, Mr. Jalal Alghani in the very near future.

In addition, ADAIR is in the final phases of negotiating the terms and conditions for the 540 MW natural gas fired powered electrical generation plant in Southern California with a major company.

This news release contains forward looking statements within the meaning of Securities Litigation Reform Act that involve risk and uncertainties, including exploration, development, operational, marketing, and implementation risks, other facts described from time to time in the company's public available SEC reports which could cause results to differ materiality.

SOURCE: ADAIR INTERNATIONAL OIL & GAS, INC.

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