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To: Big Dog who wrote (23282)6/3/1998 11:25:00 AM
From: Fitz  Read Replies (1) | Respond to of 34592
 
TVSI
.33/.34 Moving up.......



To: Big Dog who wrote (23282)6/3/1998 1:38:00 PM
From: Dick W  Read Replies (1) | Respond to of 34592
 
MDMI Good news out 10am et
see MDMI thread.



To: Big Dog who wrote (23282)6/3/1998 3:50:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 34592
 
ADCO NEWS: store opening in Japan plus

Wednesday June 3, 3:18 pm Eastern Time

Company Press Release

American Resources and Development Co. Announces
Opening of Three New Franchise Stores

SALT LAKE CITY--(BUSINESS WIRE)--June 3, 1998--American
Resources and Development Co. (OTC BB:ADCO - news; ''the
company'') Wednesday announced the opening of three new
Fan-A-Mania stores by its Salt Lake City-based subsidiary, Fan-Tastic Inc.

The new Fan-A-Mania stores are located at Eastridge Mall in Casper,
Wyo., at Fairground Square Mall in Reading, Pa., and in Gifu City,
Japan.

The new store openings bring Fan-A-Mania to a total of 16 stores as
of May 31, 1998. The stores are located in Oregon, Pennsylvania, Texas, Utah and Wyoming, as well as international locations in
Barbados, Canada and Japan.

Fan-A-Mania stores feature a wide variety of products from the worlds of Warner Brothers, Disney,Sesame Street, Marvel Comics, and all the major sports leagues such as the NBA, NFL, MLB and
NHL. Fan-Tastic expects to have over 30 stores open by the end of
1998.

Relative to the growth, Barry Papenfuss, president of Fan-Tastic
stated, ''We've been very pleased with the market's response to our new prototype Fan-A-Mania store at these latest openings and
look forward to additional store openings in the next two months in
Arkansas, Texas, Pennsylvania, New York, Montana, Virginia and Japan.

''Malls are very excited about the Fan-A-Mania concept and we
currently have a number of major mall developers on our store opening waiting list.''

American Resources and Development Co.'s common stock is traded
on the over-the-counter bulletin board market under the symbol ADCO. For additional
information on American Resources
and Development Co. or any of their subsidiaries, contact Karl Badger
at 801/363-8961.

Contact:

American Resources and Development Co., Salt Lake City
Karl Badger, 801/363-8961