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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology) -- Ignore unavailable to you. Want to Upgrade?

To: G.J. (Hijacked) who wrote (681)	3/14/1999 4:39:00 PM
From: flyeron	Respond to of 825

This is the first of 2 news releases from Canada Stockwatch. Someone has been playing games with us shareholders ADI cease traded for failure to file ADI Technologies Inc ADH Shares issued 25,055,605 Mar 12 close $0.41 Fri 12 Mar 99 Cease Trade Company Mr. Gerry Halischuk reports The quarterly reports filed by the issuer for the quarters ended Dec. 31, 1997, March 31, 1998, June 30, 1998 and Sept. 30, 1998 are not in the required form, as the management discussion failed to provide the required details of all significant events and transactions that occurred during the applicable periods, including details concerning: a) the large losses, material expenditures and working capital deficiency; b) financing sources, financing obtained and use of proceeds; and c) investor relations activities. The issuer has failed to issue news releases which adequately disclose the nature and substance of material changes, and has failed to file news releases and material change reports since November 1995, including the following material changes: a) the establishment in 1997 of a business relationship with Cadence Design Systems; b) the acquisition of technology from Perkins Engineering; and c) the distribution in 1997 and 1998 of more than 6.3 million shares and 3.1 million warrants to insiders to settle debt or to obtain financing. The issuer has failed to file a copy of any news releases issued since November. The issuer has failed to file form 20s for the following distributions of securities: a) 305,000 stock options granted in 1995 and 471,000 stock options granted in February 1998; b) 2.8 million shares issued in 1995 and 3.9 million shares issued in 1996 for non-arm's length debt settlements; and c) 2.2 million warrants issued in 1996. Trading in the shares of the company has therefore been suspended, effective March 12, 1999, until the issuer files the required records. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

To: G.J. (Hijacked) who wrote (681)	3/14/1999 4:41:00 PM
From: flyeron	Read Replies (2) \| Respond to of 825

ADI Tech insiders cease traded ADI Technologies Inc ADH Shares issued 25,055,605 Mar 12 close $0.41 Fri 12 Mar 99 Cease Trade Individual The British Columbia Securities Commission has ordered that Jean Monroe and Guardian Financial Corp., insiders of the company, cease trading in the shares of the company, effective March 12, 1999, for failure to file adequate, complete or satisfactory information in insider reports as well as press releases and reports required to be filed under section 111 of the Securities Act. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com