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Gold/Mining/Energy : Adikann Goldfields ADK (VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Tek Manhas who wrote (741)	2/8/1998 7:33:00 PM
From: Mr Metals	Respond to of 826

Hi Tek Their last NR. You will have much less shares after this. Adikann Goldfields Ltd - Consolidation and name change proposed Adikann Goldfields Ltd ADK Shares issued 20782996 1998-01-13 close $0.05 Wednesday Jan 14 1998 Mr J. Graham Douglas reports The company intends to consolidate its outstanding shares on the basis of a maximum of ten existing shares for one new share. The current outstanding share capital of the company is 20,782,996 shares. After the proposed consolidation, assuming no additional shares are issued prior thereto and using the maximum consolidation ratio, the then outstanding share capital would be 2,078,300 shares. The current large size of the company's issued share capital and present market conditions make it difficult to obtain financing. Consequently, the company has concluded it is essential that its shares be consolidated. The company must also change its name in conjunction with the consolidation and accordingly, the company proposes to change its name to Harben Resources Ltd. The consolidation and name change are subject to shareholder approval which will be sought at the annual general meeting in February. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com Mr M.

To: Tek Manhas who wrote (741)	2/8/1998 8:06:00 PM
From: Mr Metals	Read Replies (1) \| Respond to of 826

One more piece of advice. Getting Dumped On The road to successful small-stock investing is littered with hazards. The unpredictable development of smaller companies is but one of many potential fundamental risks for investors. But small-stock investing involves another set of risks that have nothing to do with sales and earnings growth or debt ratios. Smaller stocks are particularly susceptible to market manipulation by corporate insiders and affiliated parties, accomplished in a number of ways. Among the most notorious is the pump-and-dump, where these insiders pump up the stock price and dump the shares at a big profit - while individual investors take a big fall. In its ugliest form, unsuspecting investors are compelled to purchase thinly-traded and/or low-priced stocks through aggressive marketing and advertising. These promotions are often disguised as legitimate, unbiased research with a stated or implicit buy recommendation. (See Stock Detective Guide to Pseudo Stock Research and Phony Financial Reports.) The subtlety and professionalism of these promotions may vary widely, but the purpose is nevertheless clear and intentional: to benefit a small number of large shareholders at the expense of a larger number of small shareholders. Stock promoters may be hired to help a company repatriate shares owned by venture capitalists or other early investors seeking to cash in on their investments but requiring additional liquidity to do so. Public relations firms may be hired even after an IPO to help boost liquidity and relieve the underwriter of its inventory, especially in small IPOs (under $10 million) where there may have been only one or two selling firms. Legitimate businesses sometimes have legitimate reasons for selling their stock. But far too often, the benefitting parties in these market manipulations are not legitimate venture capitalists but opportunistic stock scammers attempting to turn millions of shares of cheaply-acquired paper into cold, hard cash - courtesy of unsuspecting individual investors. The mechanisms and manifestations of these scurrilous schemes may vary but typically include a burst of stock promotion followed by a large selloff of free-trading shares. Mr Metals