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Re: jean1057 post# 25593

Wednesday, 04/04/2007 3:53:22 PM

Wednesday, April 04, 2007 3:53:22 PM

Post# of 26833
'Conclusion:

They have warrants of 2.857 143 shares at exercise at 0.0001
= 286$ cost of exercise .
At the current "known" float that means apprx. 20% .
at the current price .55 the warrants are worth 1.571.350$
Shares issued to the warrants may be sold after February 1 2008.

The usual fees from the promoters are 100k. where does that leave the anticipated stockprice by February 2007 ??
Best case scenario would be 0.06 (another 90% down) but as said best case scenario, because WallStreet PR (owner of the promoter mentioned) will own 10% of the issued and outstanding shares of ADNN....
Disgusting to say the least!!!

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