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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?

To: stockid who wrote (4804)	2/25/1998 11:38:00 PM
From: Roman S.	Read Replies (1) \| Respond to of 9569

Stockid, where do you get your figure from? Total registered shares issued = 159.7 million Thomas Craft, Atty and VP owns = 10 million Restricted shares not in the market from last S-8 = 39.7 million Assume Dr Hinton gets 3mil shares per qtr for last 2 years for services (no salary, remember?) = 24 million shares left over for float (+/- 10%) = 86 million Shares traded in last 3 wks not counting this current week divided by 2 to be fair on buys and sells 50/50 = 41.8 million From what I've seen on rt quotes when I've watched, buys outnumber sells by 2 to 1 volumewise (block size) and number of buys so lets add 50 % to the 41.8 mil number and you get 62.7 mil shares of the float have been accumulated. 86 mil - 62.7 mil leaves an approx float that may still be out there of 23.325 million. Now take into consideration the action of this week not ended yet and give me a good guestimate how many shares are left in the market for the dealers to settle all their trades with, at the latest this coming Monday March 2nd for them to have the shares in the hand of the transfer agents. This is not rocket science folks. I used week ending figures from AOL historical quotes starting with week ending 2/6/98.