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

To: Sapper MSG who wrote (5714)	3/14/1998 8:49:00 PM
From: Dave Smith	Read Replies (1) \| Respond to of 9569

I bought alot of penny stocks years ago,made some lost some. Most were based on a wish and a prayer. I believe the future for this co. is very bright and am holding long. The main thing they have going for them is their contacts as was demonstrated in their investers meeting. With long term exclusive contracts hopefully in place the co. will prosper.What we all need to realize is that ADGI is a middleman. IMO sounds like contracts are solid but waiting to see news from co. to verify. Without exclusive agreements could turn into alligators trying to eat crocadilles. I have seen this happen in the past with many small companies, the old senario of "why do we need them?" I do not think this is the case here but anytime you are selling knowledge this can happen and it looks like that is our bottom line product. On the upside no production costs which is the main reason why most small companies fail. Again if exclusive contracts have been signed and locked in tight there is nothing to worry about. Anyone know when next co. report will be out ? Just my opinion, Dave