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Microcap & Penny Stocks : ALDM - Anyone know anything about this company? -- Ignore unavailable to you. Want to Upgrade?


To: P.E. Allen who wrote (37)6/2/1998 3:25:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 381
 
ALDM by all appearances is a scam company. I wonder if PE Allen is a paid promoter. I also think he works for the undervalued dog newsletter.

I have questioned him on this and he refuses to deny.

That refusal is a "yes, I, PE Allen, am a paid promoter"

Until he denies it I am assuming every stock he comes out with is bogus.

Joe PTG&LI !!!



To: P.E. Allen who wrote (37)6/2/1998 7:36:00 PM
From: Sapper MSG  Read Replies (1) | Respond to of 381
 
P. E. Allen, FOR POTENTIAL INVESTORS. Please read
: Dwayne Hines (23 )
From: Sapper MSG Thursday, May 14 1998 8:22AM ET
Reply # of 39

Just contacted the company. Dividens will be paid in restricted shares fron the Angola Diamond Company (Angola Diamond Company IS NOT A BB/NASDAQ company. They are private and do not sell shares. Percentage or ratios have not been completed. Currently Angola Diamond is a private company who is in the process of going public. This is the company from their last press release who they have entered in a joint venture. Apparently they haven't started production yet. The gentleman I spoke with stated they had equipment almost ready and since they were using dredging as their method of mining, they should see results immediately when production starts. He further stated they had attournies looking in to last months massive drop of cheap shares. He stated analysts are telling him the shares should be traiding between three and five dollars.

Here is the number and the address of the person I talked to
Can't validate that this information given to me is correct.

Sapper

Alpha Diamond Corp.
Profile:
ADDRESS:
45 La Rose Ave., Suite 1608
Weston, Ontario M9P 1A8 Canada

Phone: (416) 244-6373

PS. Sounds like the guy was working out of his house. I could hear someone doing dishes in the back ground. :)~



To: P.E. Allen who wrote (37)6/3/1998 3:19:00 PM
From: Wayne Rumball  Respond to of 381
 
We'll I guess you did quite a job.

Stock flew today



To: P.E. Allen who wrote (37)6/4/1998 10:15:00 AM
From: JIN CHUN  Read Replies (1) | Respond to of 381
 
I think I can testify to the small float, it took an enormous amount of time for my buy order to come in.

Jin.