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: Alan Cassaro who wrote (5907)	3/24/1998 5:41:00 PM
From: s martin	Respond to of 9569

The connection is that Bauer and Cohen are highly paid "consultants" to both companies. They are what you might call "major shareholders" and as such they have a certain amount of "influence". The puzzle is why Jake is trying to distance ADVR from ADGI. He talks to the many of the " players " so you know he knew this. Old Jake is okay but he seems to have a blind spot where ADVR is concerned. From the ADVR SEC filing : Leonard Cohen(d)..... 3,300,000 2,050,000 1,250,000 Consultant and Affiliate of AVIX Elliot Bauer(e)...... 4,412,000 4,412,000 0 Affiliate of AVIX Shalom Z. Hirschman, M.D.(f)............ 16,100,000 16,100,000 0 President and Chief Executive Officer From the ADGI SEC filing: AVIX and its principals were issued a total of ,500,000 (8,500,000?) shares which were included in registration statements on Form S-8, one for 1 million shares to each of Messrs. Cohen and Bauer, dated December 13, 1995 and the other for 6,500,000 shares dated February 29, 1996, which included 1,300,000 shares which were issued to and registered for Diversified Corporate Consulting Group L.C., a financial public relations firm, which AVIX engaged in furtherance of AVIX's obligation to secure for the Company a corporate and financial public relations firm to assist in the promotion of the Company and its principal business endeavors, which involve medical related products. Both such registration statements are incorporated by reference in Item 7 below.