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


To: John Allen who wrote (6567)5/27/1998 4:31:00 PM
From: Money Maker (MM)  Read Replies (1) | Respond to of 9569
 
I found this from sec.yahoo.com
Anybody wants to explain about exercising price?


The unit private placement, at the price of $.04 per unit, was made with each unit consisting of one share and one common stock purchase option exercisable at $.08 per share. The Company has undertaken to register the shares and the shares underlying the options in a registration statement that the Company intends to file with the Securities and Exchange Commission as soon as possible
during fiscal 1998. The Company continues to be dependent upon the willingness of the Company's executive officer, directors and each of its consultants to accept shares in lieu of cash compensation for continued services to the Company.


Thanks.

MM