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Admiralty Holding Company > Message
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Re: Please help me determine what this entry in the SEC filing really means

Posted by: chrisfromalbany on January 13, 2008 08:45PM

In response to: Re: Please help me determin... by YouCanSayThatAgain

Well ADMH is getting diluted by the day and LGAL isn't (biggest reason). Also LGAL is going to merge into ADMH once and/if ADMH finds gold. LGAL management is handing the IR (investor relations) for ADMH (shows how close these companies are related). With a lower OS (outstanding share) the PPS will move up quicker and possible be worth more. A game plan might be to just add alittle LGAL to your account.

When ADMH had good PRs LGAL moved up. Look @ the history. LGAL also goes lower as ADMH gets diluted. They use to have have about the same OS until the dilution. You never how how the merge is going to go. Leeming calls the shots in ADMH w/52% voting rights if they did merge.

Most people I know who been in this play for awhile have part of both.

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