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Microcap & Penny Stocks : ADEN. Can it hype itself into the next internet moonshot? -- Ignore unavailable to you. Want to Upgrade?

To: Crusader who wrote (1)	1/12/1999 12:52:00 AM
From: John T.	Respond to of 47

Hi, Crusader. I noticed both of ADEN's recent press releases at Businesswire.com. I too was wondering if ADEN would attract a following and spike in price. Sometimes I buy bulletin board stocks on speculation. The idea is to make a quick profit on a price spike. I'm a little leery about ADEN, though. In addition to all the risks and uncertainties of a bulletin board stock, ADEN has an extremely large amount of outstanding stock. Here is a quote from ADEN's latest press release: "...there are currently 100 million shares of common stock outstanding and approximately 20 million warrants to purchase common stock at prices ranging from $.01 per share to $.05 per share. The Company is also required to issue an additional 7 million shares to an officer and shareholder of the Company for common stock he tendered to the Company as treasury stock in order to permit stock issuance for the Agreement described above and other matters." I don't like the large amount of stock. I wonder how large the float is? Oh, well, if there are any proponents of ADEN out there, maybe they will tell us why we should buy.