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jean1057

04/24/07 2:51 PM

#25961 RE: jean1057 #25959

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!!!