InvestorsHub Logo
Followers 2
Posts 742
Boards Moderated 0
Alias Born 04/14/2003

Re: jean1057 post# 25959

Tuesday, 04/24/2007 2:51:02 PM

Tuesday, April 24, 2007 2:51:02 PM

Post# of 26833
Stock one more thing...when you read the disclosure form the deal between ADNN and Wallstreet . net stock promotion from back in February 07 ..that should give you a hint of where they expect the shareprice and the stock count will be after the massive coming dilution..btw...we had already a massive distribution the O/S was raised over 70 million since the agreement with Wallstreet affiliate ..from 28 million to over 100 million in May according to Pinksheet.com info...here a reminder of the deal:
http://www.investorshub.com/boards/read_msg.asp?message_id=18490494

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!!!

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.