Addison Davis Diagnostics Inc. (ADSD)

[SIIX]

Very nice chart breakout. looks primed for a nice move to me :)

[Mr. Bill]

Closing L2- Look for MMs to show bid support in AM IMO.

They always pull this stuff with the end of the day cover and then the next day entry is not as nice.

ADSD

L2 Summary
Bid Level #MM's Size Ask Level #MM's Size
0.0065 1 5000 0.0090 1 5000
0.0060 3 15000 0.0100 1 5000
0.0030 1 5000 0.0110 1 8000
0.0025 1 5000 0.0120 1 5000

L2 Quote:
MM on Bid : 11
MM on Ask : 11
MM ID Bid Size Time
SBSH 0.0065 5000 15:58:35
UBSS 0.0060 5000 15:58:35
NITE 0.0060 5000 15:48:02
HDSN 0.0060 5000 15:42:13
DOMS 0.0030 5000 06:53:27
SALI 0.0025 5000 06:52:59
HILL 0.0010 5000 06:51:49
MAXM 0.0001 5000 06:51:08
PERT 0.0001 5000 06:52:28
VFIN 0.0001 5000 06:52:34
ETRD 0.0001 5000 15:35:01
MM ID Ask Size Time
UBSS 0.0090 5000 15:58:35
SBSH 0.0100 5000 15:58:35
NITE 0.0110 8000 15:48:02
HDSN 0.0120 5000 15:42:13
DOMS 0.0130 5000 06:53:27
HILL 0.0130 5000 06:51:49
MAXM 0.0350 5000 06:51:08
PERT 0.0350 5000 06:52:28
VFIN 1.0100 500 06:52:34
ETRD 1.0100 500 15:35:01
JEFF 1.0100 500 06:51:52

[SIIX]

thanks Mr. bill! nice to see ya

[SIIX]

yep.. and its been a shell since then too... great things brewing momo

[MOMO]

that is crazy

[Mr. Bill]

Todays trading activity:

ADDISON DAVIS DIAGNS - Nasdaq National Market: ADSD

Time & Sales most recent next page
Rec. Time Action Price Volume
3:58:54 PM Trade 0.0065 10000
3:58:36 PM Trade 0.0065 12000
3:48:06 PM Trade 0.0065 5000
3:46:42 PM Trade 0.0065 50000
3:43:58 PM Trade 0.007 38000
3:42:06 PM Trade 0.007 5000
3:41:38 PM Trade 0.008 30000
3:25:40 PM Trade 0.011 2500
2:58:10 PM Trade 0.01 20000
2:57:04 PM Trade 0.01 25000
2:56:32 PM Trade 0.01 25000
2:49:30 PM Trade 0.01 20000
2:47:10 PM Trade 0.01 10000
2:39:38 PM Trade 0.009 5000
2:34:12 PM Trade 0.009 5000
2:16:50 PM Trade 0.008 20000
2:15:30 PM Trade 0.008 30000
2:15:12 PM Trade 0.008 10000
2:14:10 PM Trade 0.008 5000
2:13:44 PM Trade 0.009 5000
2:11:56 PM Trade 0.01 5000
2:11:30 PM Trade 0.011 7080
2:07:02 PM Trade 0.011 25000
2:07:00 PM Trade 0.011 35000
2:04:58 PM Trade 0.011 6000
2:04:56 PM Trade 0.011 6000
2:03:42 PM Trade 0.011 5000
1:53:22 PM Trade 0.0095 5000
1:51:30 PM Trade 0.0095 10000
1:51:22 PM Trade 0.0095 15000
1:50:44 PM Trade 0.0095 50000
1:49:52 PM Trade 0.0092 35000
1:49:44 PM Trade 0.0095 35000
1:45:28 PM Trade 0.008 40000
1:45:22 PM Trade 0.008 40000
1:44:02 PM Trade 0.0075 25000
1:41:20 PM Trade 0.0075 25000
1:39:54 PM Trade 0.0075 35000
1:37:38 PM Trade 0.007 20000
1:34:38 PM Trade 0.007 90000
1:34:26 PM Trade 0.007 100000
1:30:24 PM Trade 0.007 5000
1:27:52 PM Trade 0.007 100000
1:00:14 PM Trade 0.005 25000
1:00:00 PM Trade 0.005 25000
12:59:34 PM Trade 0.005 25000
12:59:32 PM Trade 0.005 5000
12:56:34 PM Trade 0.005 75000
10:56:46 AM Trade 0.004 40000

[BreakoutÎnvestments]

Annotated Chart

[SIIX]

Float has to be next to nothing:

ADSD - Addison-Davis Diagnostics, Inc. Reverse Split History

Symbol Split Ratio Date
ADDI 1:175 R/S 04/18/2006


outstanding on May 12, 2006 was 1,225,114 per 10-Q

[MOMO]

looks thin

[SIIX]

Yup, thats what caught my attention... I picked up a few as a starter , then decided to watch it.. I figured I would let the little bit of whackers that got in 1st unload some, then tried to add more in the .006 area eod....but not many shares to be had under .01 imo MOMO

[MOMO]

could be...very nice volume today

[SIIX]

From pink sheets: Formerly=MoneyZone.com, Inc. until 1-03. State of incorporation Nevada changed to Delaware concurrent with name change


From State of Delaware business search:

The name 'ADDISON-DAVIS DIAGNOSTICS INC.' is available.
The cost for this reservation is $ 75.00
Do you want to reserve this name?

The name 'ADDISON DAVIS DIAGNOSTICS INC.' is available.
The cost for this reservation is $ 75.00.
Do you want to reserve this name?

Is it available because the name has recently been changed???

[SIIX]

Estimated Market Cap $4,900 as of Nov 14, 2007

[SIIX]

+62.50% today on 1,256,578 Volume

[SIIX]

low float Shell

[SIIX]

outstanding on May 12, 2006 was 1,225,114 per 10-Q

[OriginalFred]

zan, I do not think the company or the management exist anymore. This is probably just a dead pink sheet shell.

If the market cap is low enough, the penny stock pumpers might buy shares and run a pump, but there are probably 1000 other pink sheet junk stocks that could be chosen for the same purpose.

The stock symbol could also be sold as a shell, but existing share holders are usually diluted away when that happens.

I believe the most likely scenario is that the stock symbol fades into pink sheet oblivion.

[zan]

Thanks Fred. Does the mgt. here still exist? I've tried to call but says a nonworking phone number. Yes, pinks are often run by unethical management for the good of the owners only.

[OriginalFred]

Pink sheet shells are not worth very much. Most investors will not touch a non reporting pink sheet piece of sheet. The only way pink sheet stocks can get noticed is to tell really big lies.

If they had kept their SEC reporting up to date, an OTC BB shell could have been worth around $500k. A lot of Chinese companies are reverse merging through OTC BB shells.

That is typical of the management of this company. They love to burn share holder money.

[zan]

Is this a 'shell company' since it isn't reporting? Could there be any indication of a reverse merger for ADSD? What even happened to this company.

check out this link, and how do we find these types of companies?
http://www.hotstockmarket.com/forums/showthread.php?t=49660

INDICATORS
INCREASED VOLUME/PRICE: increased volume and price with no news may be an indicator of a potential reverse merger. Information on a reverse merger sometimes leaks out and insiders/family/friends start buying before the reverse merger is announced.

CORPORATE ACTIVITY: cleaning up debts, law suits, and issuing reverse splits can indicate management is getting the shell company ready for a reverse merger

[OriginalFred]

No news or SEC filings for this scam in a long time. Maybe someone want it as a pink sheet shell. That is the only way this junk will ever be worth anything.

[zan]

Anyone following this anymore? Is it still alive? Any updates on bankruptcy proceedings? Company owners? Anyone know how to get an update on ADSD? Product sounded good, but no information for some time and haven't been able to get ahold of anyone at the numbers listed on the website. Today it appears to be up 8.3%. Unfortunately, got in the day prior to its R/S.

[OriginalFred]

Bankrupt

Form 8-K for ADDISON DAVIS DIAGNOSTICS

19-Oct-2006

Bankruptcy or Receivership, Financial Statements and Exhibits

Item 1.03 Bankruptcy or Receivership.
As previously disclosed by Addison-Davis Diagnostics, Inc. (the "Company") in its periodic filings with the Securities and Exchange Commission, on January 5, 2005, Steven H. Reder ("Reder"), a former officer and director of the Company, filed a lawsuit against the Company in the Superior Court of the State of California for the County of Los Angeles (the "Court") entitled Steven Reder vs. QT5, Inc., a Delaware corporation, now known as Addison-Davis Diagnostics, Inc., a Delaware corporation Case No. BC 326875, alleging breach of his employment agreement, wrongful discharge, libel and breach of a certain promissory note (the "Action"). On September 15, 2006, the Court announced that it would rule in favor of Mr. Reder and tentatively awarded damages in the amount of $1,926,950 to Mr. Reder by the Company. No judgment has been entered by the Court and as a result of the automatic stay imposed pursuant to 11 U.S.C. Section 362(a) as a result of the filing of the Company Bankruptcy Petition (as defined below) on October 5, 2006, any further action in the Action is stayed, including the submission of and the entry of a judgment.

On October 5, 2006, the Company, filed a voluntary bankruptcy case under Chapter 11 of the United States Bankruptcy Code (the "Company Bankruptcy Petition"). The Company Bankruptcy Petition was filed in the United States Bankruptcy Court for the Central District of California, San Fernando Valley Division, and is designated as case number SV 06-11790 MT. The date jurisdiction was assumed is October 5, 2006. As this is a Chapter 11 case, the Company has been and remains the Debtor in Possession and as such has the rights and duties of a trustee as of the date of the October 5, 2006 case commencement.

[OriginalFred]

Dilution machine scam! Warning, QTFV - QTFI - ADDI - ADSD is a dilution machine scam. All this company is able to do is print shares. Every once in a while management will lie to investors to get the stock price up, but even that has not happened in a long time.

Avoid this scam like the plague!