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Non-Tech
ADHC 10:1 FORWARD SPLIT Announced
An SI Board Since May 1999
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Emcee:  Boob Type:  Unmoderated
After seeing how ICEP, ININ, and now WOWS last week reacted to their big forward split news, I came across ADHC (ANDROS ISLAND HOTEL & CASINO) News today announcing a 10:1 FORWARD split for this under $1 stock in addition to a few dividends in the form of IPO spinoffs:

Andros Island Hotel & Casino Announces Investment In Air Charter
Company; Plans to Forward Split Stock 10 for 1

Plans Spin Off of New Horizons Airways, Inc. Stock

MELBOURNE, Fla., May 11 /PRNewswire/ -- Andros Island Hotel & Casino, Inc. (OTC Bulletin Board: ADHC - news) announced today that it purchased 2,500,000 restricted common shares of New Horizons Airways, Inc., Melbourne, Florida. The Company said it will spin off shares of its newly acquired common stock of New Horizons Airways, Inc. to its shareholders on August 16, 1999 (pay date) and that shareholders of Andros Island Hotel & Casino, Inc. will receive one free and restricted common share of New Horizons Airways, Inc. for each 1,000 (one thousand) shares of Andros common owned on July 31, 1999 (the record date).

The Company said it may make additional investments in New Horizons Airways, Inc. in the near future. According to the Company, New Horizons Airways, Inc. is a development-stage company owning a single Cessna 10-passenger airplane but that the air charter company expects to acquire additional planes through acquisitions of privately owned air charter companies, leasing from a third party aircraft leasing company or through cash purchases. The air charter company plans to commence charter service between Tallahassee, Florida and Biloxi, Mississippi, later this month.

The Company also announced that it plans to forward split its common stock on a ten-for-one (10-for1) basis on May 31, 1999 (the pay date) to shareholders of record on May 25, 1999 (the record date). The Company stated that on May 31, 1999 each one share of common stock will be converted into ten (10) shares of common stock.

Andros Island Hotel & Casino, Inc. common stock is traded in the over-the-counter market under the trading symbol ''ADHC''. To receive a current Corporate Profile and complete due diligence package on the Company, please call Fifth Avenue Communications at 800-992-6616 or visit their web site at: stocksfifthavenue.com or e-mail a request to: fifth@juno.com
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ReplyMessage PreviewFromRecsPosted
32 What fool started this thread? Last Trading on ADHC: July 23rd, 1999! opened 1Dr. Microcap-7/25/1999
31 This ADHC has appeared to have "Flat-Lined"! <eom>Dr. Microcap-7/24/1999
30 ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ-------------------HiDr. Microcap-7/21/1999
29 Better turn ADHC over as this issue appears "COOKED"! <eom>Dr. Microcap-7/20/1999
28 Anybody got a quote on this issue: ADHC? Just checking! <eom>Dr. Microcap-7/19/1999
27 Kyll the Kyl Bill! Go ELOT! sportsrumble.comjulius kluger-7/5/1999
26 ******* THE TRUTHSEEKER REPORT**** AVOID SKUP AT ALL COSTS ***** Stockup.Com (StockDung-7/4/1999
25 AFTER THE BELL more than 300000 ELOT shares sold!!!! Very good sign for tomjulius kluger-6/30/1999
24 ELOT IS IN THE FIRST 10 WITH 34% tradepbs.comjulius kluger-6/30/1999
23 Hi Ed, what can you tell me about the companies you are covering? ThanksStockDung-6/18/1999
22 broke2 - Are you still here? Anybody notice that the bid is .50 and the ask ibigaltex-6/9/1999
21 Thank you Ed. bigaltex-6/7/1999
20 Update(s): go to: www.stocksfifthavenue.com then click "enter" then cEdward Williamson-6/5/1999
19 its headed for the moon (i hope) Mark Flournoy-5/25/1999
18 it moved....2$ baby....looking for 2.5 by friday...with an opening of .3$ on teciVic-5/25/1999
17 RTQ Bid 1 5/8 Ask 1 3/4 Vol 72,600 Nice move up so far on low volume. MikeMichael Graham-5/21/1999
16 go ADHC! Mark Flournoy-5/21/1999
15 Sure has. I just hope it does 1/2 as well as WOWS did. As more people find outbroke2-5/17/1999
14 NEWS! biz.yahoo.com Looks good for ADHC to move up in the next 2 weeks prior toMark Flournoy-5/17/1999
13 One of the first things I look at when I do DD is 144 sales. I saw those and abroke2-5/13/1999
12 Check out these insider trades! Insider Trades - Andros Island Hotel & bigaltex-5/13/1999
11 Got this e-mail from Edward B. Williamson today. He is the PR guy. ADHC has 5,broke2-5/12/1999
10 Some info for the thread... Message 9498441 SprintcarSprintcar-5/12/1999
9 But we should see a gap in the morning. Good first day. broke2 broke2-5/12/1999
8 Don't expect to see a dollar a day increase. But I do expect it to keep clbroke2-5/12/1999
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