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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: SpinCity1 who wrote (53725)	2/9/1999 11:48:00 AM
From: TigerII	Read Replies (2) \| Respond to of 119973

ADRN - WHAT IS THE STORY? Does anyone know, or is it hype?

To: SpinCity1 who wrote (53725)	2/10/1999 10:06:00 AM
From: xclently	Read Replies (3) \| Respond to of 119973

ADRN---Looking at SEC files gives much cause for concern...Stock trading off today...Here is a good starting point that delineates the good, the bad and the ugly.... freeedgar.com ADRENALIN INTERACTIVE INC Form: 424B3 Filing Date: 8/21/98 SHARES REGISTERED for sale by insiders and affiliates LOSSES EXPECTED TO CONTINUE... >>> As of March 31, 1998, the Company had an accumulated deficit of $7,941,854 and such deficit has increased since then. Since inception, the Company has generated limited revenue.<<< POSSIBLE FAILURE TO CONTINUE AS A GOING CONCERN .AMORTIZATION OF INTANGIBLE ASSETS Approximately $4,324,395, or 74%, of the Company's total assets as of March 31, 1998 consisted of goodwill and patents and licenses arising from the Company's acquisition of Western.... *SHARES ELIGIBLE FOR FUTURE SALE Sales of substantial amounts of Common Stock in the public market,... (List of 1.5 mil post split shares offered for sale by insiders / affiliates...) Revs of 400k, heck, tmex did more than that, didn't he? On the bright side, looks like a new 10q is due (quarterly) and a couple of the programs they are working on for others show promise...