Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Commishman who wrote (5720)	3/15/1998 1:45:00 PM
From: Ditchdigger	Respond to of 9569

Commishman,I have to agree with John. I don't believe they have to file to sell the stock. The reason being the stock is how they are compensated, in lieu of salary(appears to be free trading stock)..And they don't seem to hold more than 5% at any one time..so I think it is on the up and up..I sure would like to know why Mr. Craft gets so much though. I tried to go through the filings and figure out who got what,and it is damn near impossible to follow, they've been using stock to pay for almost everything and for quite awhile...DD PS: one thing to note: there is 15M shares that are reserved(not registered yet) for payments to one of the subs. to be distributed as revenues hit certain milestones..( I don't have the filing in front of me..but the section did include a caveat(?) to that effect(the only shares I saw that were restricted by the company-but not rule 144)