American Diversified Group announces receipt of pre-export financing.STAMFORD, Conn.--(BUSINESS WIRE)--Jan. 14, 1997--American Diversified diversified (di·verˑ·s Group Inc. (OTC/BB:ADGI) Tuesday announced that is has secured through its consultant, Emerging Trends Linkages Corp., pre-export financing for its purchase orders from an international banking group. This commitment will finance the purchase from third parties for shipment of pharmaceutical products to the Republic of Guinea Guinea, archaic term for Africa's west coast Guinea (gĭn`ē), an archaic term for the west coast of Africa. In its widest sense it has been applied to the region from Angola to Senegal. . The initial orders being financed total approximately $800,000, which is part of Emerging Trends commitment to generate up to $15 million in orders for ADGI. Shipment should commence in or about February 1997. ADGI's principal business efforts involve the distribution of health products, including generic pharmaceuticals and vitamins, human serum albumin Human serum albumin is the most abundant protein in human blood plasma. It is produced in the liver. Albumin comprises about half of the blood serum protein. It is soluble and monomeric. and FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approved test kits. CONTACT: American Diversified Group Inc. Dr. Jerrold R. Hinton, 203/328-3092 |
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