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


To: Whiskeyj who wrote (7563)1/28/1999 2:43:00 AM
From: Alan Cassaro  Respond to of 9569
 
Yo board, I've still got my 33,000 shares, still hoping for a miracle. Just thought I'd mention that my favorite stock, AMPEX, has gone up 600% in the last month. It's on a big momentum roll right now. They just got into the webhosting busness. It was one of Individual Investor's MAGIC 25 picks 3 years back, but changing technology made their "sure thing" (keepering media) obsolete. YESTERDAY, Individual Investor put out a strong buy on Ampex. All the TA equipment are putting out buy signals too. Most active on Amex Exchange this week. Still cheap ($4). Check out the AMPEX board , here on SI. Tommorrows going to be a big day, again. Al



To: Whiskeyj who wrote (7563)1/28/1999 5:03:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 9569
 
John, how can you not envision a reverse split coming to a theatre near you. It seems obvious to me, that a some point in time,this dog will eat it's own puppies.How many are authorized? According to the most recent 10Q/A "Common Stock, par value $0.001 per share,
authorized 350,000,000 shares; issued and
outstanding 230,762,520 shares " You only have 120mm shares to play with son($ @.015-thats $1.8mm),IMO it will either reverse or increase the number of authorized
within a couple years,-you still have to compensate the doctor and his sidekick,the Esquire.. Not to mention, try to make the business' profitable-takes cash!
"The Company's monthly operating expenses for the
quarter ended September 30, 1998 and during the present
quarter include rent for executive office space in Hickory,
NC, professional/accounting fees, telephones, but do not
reflect any salary to Dr. Jerrold R. Hinton, the Company's
sole executive officer. The Company is accruing but does not
contemplate commencing payment to Dr. Hinton of the monthly
salary of $8,333.33 provided in his three year employment
agreement unless and until it begins to generate positive
cash flow from operations. During fiscal 1997 and the first
three quarters of fiscal 1998, the Company's executive
officer, directors and consultants were issued shares in
registration statements on Form S-8 in consideration for
their continued services to the Company and in lieu of any
cash compensation. After the end of the quarter ended
September 30, 1998, the Company and ETLC agreed that the
Company would not incur any expense, other than phone
expense in connection with use of conference facilities for
its Investor Relations offices at Rockefeller Center in NYC."
Let's see,the doc gets $8300/month- that is 553,333 sh/mo,just for his basic salary...better start brushing up on your math...others have to be paid as well. How many shares will the Esquire get for doing the 10K? How many shares will the NY consultants get in compensation? And also remember it's just after Christmas bonus time!!<lol!!!>..



To: Whiskeyj who wrote (7563)1/28/1999 12:08:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 9569
 
I noticed that ADGI has about 30 million MORE share outstanding than another stock that I also own. That company did an unannounced 1 for 60 reverse split a few weeks ago. However, that company is about 30 times the size of ADGI and the president of that company is considered by most to be an ass.

As I said in my original post: I hope ADGI does not do a reverse split any time soon.

I did not start a rumor. I made a statement.