Simple-R/S required if Comcast deal is real. Key point is that NO mutual funds/corporate-pension funds are allowed to invest in stocks that trade below $1.00-$5.00 a share; regardless of if pink/OTC, etc. If the Comcast deal is pending, makes sense to initiate a R/S to open up buying to big money-mutual/corp. pension funds. Yes a R/S also creates a higher pps to move to a higher exchange like OTC. Important, but w/process takes time. More importantly w/ADNL/ADNN is R/S creates a required pps value for IMMEDIATE access to mutual/corp. funds to invest w/Comcast deal. IMHO, this is why R/S is happening.
Been many pinks w/real value that did R/S to continue growth/value. And pps after R/S increased accordingly. For every bs pink co. w/R/S and no value, there are just as many co.s that have done R/S w/ real potential, period.
Perception vs Reality-
1.) PPS last few days ramping up to .0007-8, w/chart-technical indicators showing continued strength. So, if mgmt. and CEO only looking to work dilution, could have continued to much higher pps levels. If R/S just bs, why then cut this continued momo off w/R/S. Knowing the perception of traders w/ R/S is negative, and pps would decline? Please you negative posters, teach me why at this point, a R/S benefits CEO supposed scam?
2.)History- Dressel has 25 year success in music industry w/$1.5B in revenue past few years w/companies he has managed. Also, w/ADNL, over last 14 months has increased cable exposure,
affiliated w/Greenberg Assoc.(top law firm in Country Music industry). Greenberg Assoc. has completed 5 major cable deals recently for clients and has several CMA/Grammy award winning clients. ADNL has hired top personnel to grow company. Hired top firm to combat short bs (same co. as Paim/Paiv). Established main office in Nashville, "the" city for any cutting edge Country music artists. So, a CEO w/25 years success and growth, would take time to just bs traders for minimal $ with a bs R/S?
Again, please, any negative posters, "teach" me by telling me why a R/S now makes sense if just a scam to dilute and line pockets. Dressel didn't cause the pps to drop to .0001. Panic, sheep bailing on R/S assumption did.
Also suprising to me how on this board now see posters, who do not own this stock, and have never posted before but want to offer their sage advice.
Best Regards. My opinion only. Not a buy or sell recommendation.
