Advantego Corporation (ADGO)

[SoxFan]

Upon a cursory look this company has had severe problems and questionable ethics. They have virtually zip for a credit line and need to generate cash by selling stock. However would have loved to own some when it spiked to $1.75. Hope it was more than a day or two.

The key for me is a Balance sheet and Income statement. They should be generating income and they are processing ore. Over the years the should have some assets. Plus I would like to know their liabilities. They have had at least two exploratory drillings that do not appear to have panned out. From everything I see so far I would not consider this an investment, lottery ticket odds for success. Any company that pays, if I understand correctly, 350,000 shares for a vehicle does not have much hope for success. They are diluting stockholder shares for silly things and that does not instill investor confidence.

Thanks for the info and wish you well. I think I have seen enough.