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

To: Whiskeyj who wrote (7033)	8/20/1998 4:20:00 AM
From: Ditchdigger	Respond to of 9569

< The stock has been authorized for issuance,and set aside,but has not,and will not be delivered to them until the criteria has been met.> Please show me where any "performance" basis was mentioned in this S-8. Many moons ago there was a "performance" clause, but alas,no more. Hinton,the "consultants,and the Esquire,are sucking the blood out of the company and it's shareholders.Through continued issuance of shares to themselves, they are assuring the value of this stock will not increase.Where are the form 4 filings? Insider reports? ________ "(1) Represents *shares issued* pursuant to consulting agreements for continued services by officers, directors, consultants, and counsel to the Registrant, including services related to sales and marketing of pharmaceutical- medical products and telecommunication products, international sourcing of products for pharmaceutical orders, seeking joint ventures and potential acquisitions, promotional services with respect to Registrant's business and investor relations, and legal services, all the foregoing in furtherance of the Registrant's business. Additional shares may be issued to the officers, directors, consultants and counsel under agreements as set forth in this Registration Statement plus such indeterminate number of shares pursuant to Rule 416 as may be issued in respect to stock splits, stock dividends and other similar recapitalizations." Lets hope the good doctor is at least wearing his latex gloves..DD PS: John, as I recall,you've tried to use this argument before,the shares were authorized and have been issued to the blood-suckers..And since they don't report their sales as required by the SEC,these shares are probably already in the public float.