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


To: OLD JAKE JUSTUS who wrote (6491)5/23/1998 8:33:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 9569
 
< I honestly do think this stock ought to be higher than two cents.>
The Company reported sales of $50,750 for the three month period ended March 31,1998 and incurred a net loss of $$592,670 or$.0032per Share.The company's number of outstanding shares has exploded to over 200,000,000.Please explain why or how you place such a high multiple on this stock.I'm sure the good doctor would agree,he thinks he's doing so well,he gave himself 15MILLION shares last year for compensation....DD
PS:The Company, at March 31, 1998, had current assets of
approximately $97,486..