Magic

[markrhead]

I threw $150 at 500k shares. Then I checked share count and over a billion shares, but I was filled before I could cancel....LOL, what the hey

From Rainmaker: ADBN possible RM happening now

Below is like 3 posts in one but it summarizes the situation, Apparently Ceo and entire staff has stepped down and indicated to Rainmaker the lawyers handling the RM taking place.

An 8K is what is filed with the SEC to disclose material events in a fully reporting company.

Typically right before or at the exact same time as a reverse merger all officers and members on the board of directors resign and are replaced by the people merging into the shell. Well it appears all the officers and directors have resigned.
It appears new people are taking over here. John Ruddy and others we don't know yet. Board members come and go but a change in CEO's and the entire board usually has bigger ramifications.



ADBN Merger DD
New CEO of ADBN John T. Ruddy according to Donna Silverman.
I asked her why no 8K was filed disclosing the changes, she referred me to ADBN attornies.


Attornies Handling ADBN merger
Greg Jaclin partner at Anslow and Jaclin
732-409-1212
http://www.anslowlaw.com/

John T. Ruddy- New ADBN CEO
Here's my DD

John T. Ruddy

CEO of LKNG.PK (Lite King)
CEO of NANS.OB (Nanoscience Technologies)
Manager Director for Highgate House, LLC, a subsidiary of Highgate House Funds, Ltd.


LKNG.PK
On November 14, 2006, the Board of Directors of the Company appointed Mr. John T. Ruddy as the President, Chief Executive Officer, Chief Financial Officer and Sole Director of the Company. Mr. Ruddy has served on the Board of Directors of Lite King in 2004. He also was a Director at the public company Bio-One Corp. from July, 2005 until December, 2005. Mr. Ruddy has been a Managing Director for Highgate House, LLC since January, 2006. He has contributed to the funding of numerous companies by investing in private placement transactions. Mr. Ruddy is also a Captain at the Jersey City Fire Department, where he became the youngest Captain of the Fire Department and has served since 1995. Mr. Ruddy earned a B.A. from Rutgers University in 1994.


NANS.OB
On March 13, 2007, James H. Schneider resigned as President, Chief Executive Officer and as a member of the Board of Directors of the Company. In addition, on March 13, 2007 Fed J. Griffin also resigned as interim Chief Financial Officer. Subsequent to the foregoing resignations, on March 13, 2007, John T. Ruddy was appointed as the President, Chief Executive Officer, Chief Financial Officer and as a member of the Board of Directors of the Company. In connection with such appointment it was agreed that Mr. Ruddy would only work for the Company on a part-time basis and would be paid a salary of $1,000 per month, which could be paid in either cash or common stock of the Company, at the discretion of the Company.
Mr. Ruddy has served as the President, Chief Executive Office and Chief Financial Officer of Lite King, Inc. since November 2006 and as a member of its Board of Directors since 2004, is also currently a Managing Director for Highgate House, LLC since January, 2006 and has been serving as a Captain at the Jersey City Fire Department since 1995. Mr. Ruddy has also served as a director of Bio-One Corp. from July 2005 until December, 2005. Mr. Ruddy earned a B.A. from Rutgers University in 1994.

Highgate House LLC

NEW YORK, Jan. 18 /PRNewswire/ -- Highgate House Funds, Ltd., a new fund launched by Cornell Capital Partners, LP….Highgate House provides bridge financing for public companies in advance of a follow-on financing or other liquidity event, and it provides at-the-market financing for the working capital needs of public companies.

Nanoscience Technologies, Inc. closes $6,000,000 funding.
New York, NY – February 11, 2005. 4:30 PM ET - Nanoscience Technologies, Inc. (OTC BB: NANS) has recently closed $6,000,000 in a combined funding with Highgate House Funds Ltd.


This shows Highgate House LLC is a subsidiary of Highgate House funds.
ROCHESTER, Minn. -- Full Circle Image, Inc. (Pink Sheets:FCLE), Rochester, Minnesota, announced the closing of the sale of a $600,000 convertible debenture to Highgate House, LLC, a subsidiary of Highgate House Funds, Ltd.