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


To: Mr. Jens Tingleff who wrote (7428)11/19/1998 8:44:00 PM
From: David Sirk  Read Replies (1) | Respond to of 9569
 
I bought 60000 right at 335@ .17 I had conformation and there were no buys coming up in at all For quite a while. I talked to the webmistress about Roseys post. Hopefully he and the post will be removed from SI. The company has money coming in now that will go to the 4th quarter!. To say that his company will be out of business in 3 months is very irresponsible and libelous.



To: Mr. Jens Tingleff who wrote (7428)11/19/1998 9:00:00 PM
From: David Sirk  Respond to of 9569
 
Just so we get the whole story here. This company would only be able to last for 3 months if it had to rely on what it earned in the last 3 quarters. But of course Rosey forgot to mention this very important part of the Report.

The services of the Company's consultants, together with that of the Company's management,
while not having generated any revenues during the third quarter ended September 30, 1998,
have enabled the Company to develop and expand its business during the last quarter of the fiscal
year. As a result the Company can report the following business developments: (i) generated sales
revenues of approximately $220,000 from the import from Brazil and sale in the US of
commodity products, which represent the single highest sale transaction in the Company's
operating history, and which sale will generate a profit to the Company. The revenues and profits
from this sale will be reported during the last quarter of fiscal 1998, with a letter of credit being
issued effective November 9, 1998 for 20% ($44,000) of the total $220,000 sale, with the
remainder being paid during November, 1998 upon shipment; (ii) secured third party
manufacturers from whom the Company can continue to source generic pharmaceuticals at
competitive pricing so as to enable it to sell such products at satisfactory profit margins during
fiscal 1999, in the highly competitive and price sensitive developing world markets; (iii) secured
final approvals of dengue fever test kits, which are prerequisite for the imminent receipt of
purchase orders for dengue fever test kits from the National Health Foundation of Brazil; (iv)
entered into a distribution agreement with the manufacturer of a Hepatitis B vaccine, approved by
the World Health Organization, granting the Company the right to market at highly competitive
pricing the Hepatitis B vaccine in South America, Africa and Asia; and (v) commenced business
relationship with manufacturers of complete lines of generic pharmaceuticals for the purpose of
satisfying the Company's anticipated purchase orders in West Africa and South America.

Don't be to surprised when this stock jumps right back up!



To: Mr. Jens Tingleff who wrote (7428)11/19/1998 10:39:00 PM
From: John D  Read Replies (2) | Respond to of 9569
 
Jens, how long has Rosario posted on this thread, looks like he is beginning his bashing routine just like he did on ARET as little as 2 weeks ago, now he is singing the companies praises. ADGI posters, watch Rosy closely, he will bash this until he feels it is as low as it goes, and then the hype will start. Go to the ARET thread and read his posts over the last month, incredible turnaround. Predict he will start screaming reverse split soon. Been in and out of ADGI a couple times, looks like time to get back in. Good luck, John