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Re: Argyll post# 372

Tuesday, 05/27/2008 3:56:54 PM

Tuesday, May 27, 2008 3:56:54 PM

Post# of 520
What do you mean, at various points of time they have received finite amounts of shares which were worth at the time of the various transactions a total $210,000...in looking at the stock chart of each company from which they were paid partly in shares, those shares in aggregate today are now worth a lot less than $210,000, assuming they have previously received these shares...they don't keep receiving more shares from each company each time its respective stock price drops! The number of shares would be determined as of the date each agreement was signed (or based on an avg price range for a number of days prior to the official date of each agreement). It's safe to assume that ADK only announces deals for which they have signed an actual legally-binding agreement so it's safe to assume as well that they have already received all such shares, as opposed to will be receiving them only in the future. Even if such shares are held in escrow for a while, the number of shares to be paid to ADK under each agreement would be based on a historical share price at the time the agreeement was signed, not some future date. In other words, the amount of shares they receive doesn't continuously increase as the stock price of each of these companies declines!

As for the success bonus shares, those too are today worth a lot less (should they ever be realized) than they were at the time each deal was announced. And most surely there are strict definitions as to what constitutes "success" such as a discovery resulting in an actual mine developed...that can take years, if it ever even happens at all!

In order for the market to actually take this company seriously (or even take notice of it), it will need to start being covered by actual bona-fide analysts...that won't happen until they actually start doing business with bona-fide mining companies anyone has actually ever heard of!