an die adsx´ler - 500 Beiträge pro Seite

[V51]

das wars dann wohl, die 0,10 rückt an.



(COMTEX) B: PRER 14A: ADSX Vote; Stk Issue/Convert Debs; Rev Split [delaye
]
B: PRER 14A: ADSX Vote; Stk Issue/Convert Debs; Rev Split [delayed]

Ridgeland, MS, SEP 10, 2003 (EventX/Knobias.com via COMTEX) -- A Special
Meeting of Shareholders of Applied Digital Solutions, Inc. (NasdaqSC: ADSX) will
be held at the West Palm Beach Marriott Hotel, 630 Clearwater Park Road, West
Palm Beach, Florida 33401, on September 10, 2003, at 8:00 a.m. Eastern Daylight
Time, for the following purposes:

1. To approve the potential issuance of more than 7,210,679 shares of the
Company`s common stock upon the conversion of the Company`s $10,500,000
aggregate principal amount of 8.5% Convertible Exchangeable Debentures and
exercise of related Stock Purchase Warrants, which share amount in excess of
7,210,679 shares represents 20% or more of the outstanding common stock of the
Company on a pre-transaction basis when combined with the 50,000,000 shares of
common stock issued by the Company under three separate securities purchase
agreements dated May 8, 2003, May 22, 2003, and June 4, 2003;

2. To approve the issuance of up to 30,000,000 shares of the Company`s common
stock after effectiveness of the Company`s registration statement on Form S-1
(File No. 333-106300), which was filed with the Securities and Exchange
Commission on June 20, 2003, which share amount when combined with the issuance
of the Debentures, Warrants and common stock issued pursuant to the Securities
Purchase Agreements, represents more than 20% of the outstanding common stock of
the Company on a pre-transaction basis; and

3. To approve the granting of discretionary authority to the Board of Directors,
for a period of twelve months after the date the Company`s shareholders approve
this proposal, to approve a reverse stock split in a ratio not to exceed
1-for-25, to determine the effective date of the reverse stock split, and to
file an amendment to the Company`s Third Restated Articles of Incorporation, as
amended, effecting the reverse stock split of the Company`s common stock, or to
determine not to proceed with the reverse stock split.

Misc Releated Info:

** Original Confirmation

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fundamental research information.


CONTACT: Knobias.com, LLC
601-978-3399
601-978-3675
[e-mail]
www.knobias.com/cmtx


Copyright 2003 Knobias.com, LLC, All rights reserved.

-0-


SUBJECT CODE: Misc Corp Action
Shareholder Issues

*** end of story ***

[Wunram]

ist doch schon seit mindestens 13.8.2003 bekannt