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

To: stockid who wrote (4814)	2/26/1998 7:47:00 AM
From: Roman S.	Read Replies (1) \| Respond to of 9569

Stockid, the float is around 120 million when you factor in 40 million shares are restricted and not available on the market. I'm just estimating how much stock is left out there "in the market" by subtracting what is owned by Mr Craft, Dr. Hinton, and a percentage of stock purchased the 3 full weeks of February ending on 2/20/98 which is most likely still being held by individuals, not counting the buys this 4th week in Feb. The "net" figure I arrive at is what should be approximately the amount of shares in the market still not bought up. Maybe I should state it this way , Total float = 120 million, Net Float = 23.5 million in market left for sale. Hope this helps our understanding. P.S. I did not talk to a Transfer Agent, I actually talked to John Rossi and per his broker, OTC dealers have til end of the month to settle their trades. I will make 1 more call somewhere to verify this.