InvestorsHub Logo
Followers 5
Posts 845
Boards Moderated 0
Alias Born 06/21/2006

Re: justfrank post# 64780

Tuesday, 02/13/2007 10:47:08 AM

Tuesday, February 13, 2007 10:47:08 AM

Post# of 157299
JF Apparently for a marketing letter for ADGI in 2002 that was determined by NASD to be a false research paper that Hornblower (Elliston and Rooney) were barred from releasing by a previous ruling. The ruling was based on rules initiated in 2003 and 2004.
Taboada invested 500,000 in series C stock converted in 2005
See Form 10KSB March 31, 2005 and Form 10-K March 31, 2006

Also in the March 2006 10K is the info about Fordham Financial

'In October 2003, the Company entered into an agreement with Fordham Financial to raise $2,500,000 resulting in issuance of circular offering dated October 17, 2003 (Preferred Stock, Series A). Fordham Financial agreed to receive 10% commission for the raising of the investments. In addition to the commissions totaling $250,000, Fordham Financial also received 57,500 Preferred Stock, Series A as additional compensation. Fordham Financial had arranged for subscriptions of $1,092,140 as of December 31, 2003 and had raised the full $2,500,000 as of January 31, 2004'

Talk about rehashing old financing...sheesh

unregistered securities are the biggest cause of losses in the stock market!
Personal attacks are the No.1 tool of the MM to steal value from a company!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.