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Non-Tech : ADCO - AMERICAN RESOURCES & DEVELOPMENT COMPANY -- Ignore unavailable to you. Want to Upgrade?


To: Turboe who wrote (10)6/3/1998 5:52:00 PM
From: Micropicker  Read Replies (1) | Respond to of 27
 
ADCO - adult active wear!

Turboe, it only gets dirty after you wear it! You may already know, but adult active wear is that broad category that used to be known as a sweatshirt. Put some fancy colors on it, spruce up the styling, and call it fleece--it'll sell like hotcakes. And so it has.



To: Turboe who wrote (10)7/8/1998 8:48:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 27
 
relating to ADCO:

GVIM (Orlando, FL) should come out with an announcement tomorrow
about Credit Suisse First Boston (CSFB) providing $86.5 mil in funding. CSFB will wind up with 24.9% of the company. This financing will provide GVIM w/sufficient capital to payoff all debt and take the company to the next level. About $20mil will be used to complete construction at seveal of their 8 - 10 projects (Orlando, Naples, Palm City, Portland, TX, Pinehurst NC & St. Geo, UT)

The good thing about the GVIM/CSFB transaction is that ADCO (the original parent of GVIM)will now have approx 1,200,000 shares of GVIM with which it can continue to finance its acquisitions (Fantistic - Fanamina franchises, Pacific Print Works (PPW) and other related acquisitions.

Joe PTG&LI !!!