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To: Taki who wrote (105184)5/15/2002 4:13:21 PM
From: LANCE B  Read Replies (1) | Respond to of 150070
 
ADGI Releases First Quarter 2002 Results Reports over $540,000 Net Income

NEW YORK, May 15, 2002 (BUSINESS WIRE) -- American Diversified Group, Inc. (OTCBB:ADGI), announced today that the company had net income of $540,070 on revenues of $2,324,441 for the first quarter of 2002 and had filed their Form 10-QSB with the Securities and Exchange Commission.
Przemystaw L. Kostro, recently appointed Chairman and Chief Executive officer of ADGI, highlighted that the net income for the first quarter substantially exceeded net income for the entire year 2001 and that the revenues were on target with the company's conservative goal of $12 million for the year 2002. Mr. Kostro also pointed out that the net income exceeded projections and the company continues its progress towards increasing profitability through growing revenues and by decreasing overhead.

The revenues of $2,324,441 represent a 206% increase from $758,933 over the same period last year, while the gross margin of $1,158,277 represents a 629% increase over the prior year margin of $158,981. Operating expenses actually decreased by 4.3%, amounting to $628,191 for the current year, down from $657,091 in the prior year. Finally, the company had net income of $540,070 in the current quarter compared to a net loss of $508,067 in the prior year.

Mr. Kostro continued on to say that, "We are very proud of our very talented and capable team of professionals who have worked diligently to achieve and implement our strategies. As we have been recently reporting, our current results demonstrate the validity of our international business model and is succeeding through these tough economic times. We have made substantial progress and believe we will continue to accomplish our established goals for this year and the long term."

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings.

CONTACT: Hornblower & Weeks Banking Department, New York
Paul Taboada, 212/361-2266
212-361-2273 (fax)
pthbw@aol.com



To: Taki who wrote (105184)5/16/2002 10:30:41 PM
From: Joe Copia  Read Replies (2) | Respond to of 150070
 
This is an e-mail I received today. The e-mail address came from sona_johns@yahoo.ca:
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VESTEDGE ALERT: Volume 8, Issue 7

XRAYMEDIA FIRES UP THE "GROWTH CURVE"

*****IMMEDIATE STRONG BUY ALERT XRAYMEDIA (OTCBB: XRMD)

XRAYMEDIA (OTCBB: XRMD)
80,000,000 est. shares outstanding
15,000,000 est. float
60% est. controlled by insiders

Congratulations to our subscribers who took advantage of our last "Immediate Buy Alert" profile on Renegade Venture, (OTCBB: RDVN) what can we say; UP 160% last Thursday announcing it has acquired Hamilton Aerospace Technologies, Inc., a Delaware corporation ("Hamilton"), in a stock-for-stock exchange. As a result of the stock exchange, Renegade issued 12,500,000 shares to acquire Hamilton, which became a wholly owned subsidiary of Renegade. The news came faster then we expected, hey, that's the markets!

For those of you still riding the Applied Digital Solutions Inc.'s (Nasdaq: ADSX) pick from last month good luck! They obviously got their wheels rolling huge, most of us got in around 40-50 cents, but we like the 300-400 % percentage gains and the volume way too much!

We're ready for our next big ticket! So, here we go AGAIN, our sources give us XRAYMEDIA (OTCBB: XRMD) as our next IMMEDIATE MAJOR PLAY!!! This is a no brainer when you look at the position the company is in. Trading volume, under 10 cents we can buy a ton, multiplied growth curve, fundamental timing, we have to give XRAYMEDIA our top ranking of "IMMEDIATE STRONG BUY".

The company's announcements seem to be moving towards big revenue, sustained growth, millions of dollars in transactions per day, and we love it, buying in fast and huge! It is amazing how simple it is, being IN, at the right PRICE, at the right TIME and watching it MULTIPLY!!! The immense size of the advertising industry is no secret, as a whole, traditional and online advertising is pulling in well over $500 billion annually in North America alone. XRAYMEDIA has positioned its self as a conduit to channel that revenue through their general business community by launching a "LIVE MEDIA TRADING CENTER". Seeing this company move into the industry at such a high entry point, at pennies a share, is an investment dream come true. Once they have sustained their revenue, we are looking for a target price of $5.00- $10.00 dollars per/share pretty quick, that's why we buy these types of companies.

They have some amazing technology; we understand the closest technology competitors are using dated auction technology similar to EBAY or YAHOO and still pulling in millions of dollars a day in revenue auctioning advertising space. XRAYMEDIA's technology takes this revenue to the next level. Patent Pending Live Media Trading through the Internet just like the STOCK MARKET, we've got to just love it!!!

Their Media SuperPortal and Live Media Marketplace was developed to create a real-time trading environment for media and advertising industry, they cover all the media sectors like TV, Radio, Print, Online, Out-of-Home and Specialty Advertising. It gives buyers and sellers the opportunity to negotiate with 1, 10, 100 people all at the same time and no one sees what the others are doing, all in real time. This is a real money maker, XRAYMEDIA makes its money by charging broker fees on closed deals just like the STOCK BROKERS and DISCOUNT INTERNET TRADING HOUSES, we think they knew what they where doing by choosing the right industry at the right time. $100 million dollar revenue partners, ad agencies, media buying firms, blue chip companies using the technology, the growth potential is resounding.

We haven't had back-to-back major winners in a while this is good; Seeing this company grow to blue chip status is our long-term goal, short term the company has some serious wheels, this is our top pick for price and percentage gains, make sure you're on board now and we'll see you at the big party!