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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: JSB who wrote (1322)7/20/1998 8:13:00 PM
From: Kurt N  Read Replies (2) of 4650
 
Doing DD is a good thing but this is getting way out of hand. Some days I wonder if boards like SI do more harm than good.

People need to realize that Biomoda is a private company, which means that Biomoda can even tell it's own shareholders 'we are busy. go away. leave us alone.'

Before SI, I bet life was a lot easier (in terms of people calling the company) for OTC-BB companies and companies more willing to talk since it wasn't a common occurance.

Nowadays BB companies get bombarded with everybody thinking, "Gee I've got a question regarding XXXX and involved with company YYYY. I'll call company XXXXX and YYYY. It doesn't matter that XXXX issued a press release or that person ZZZZ already asked the same question and posted the answer!!!"

Now I think I can understand why some private companies never want to go public. It's not the headache time/expense of IPO's or a reverse-merger or even SEC filings, it's having to deal with shareholders. Either that or the company doesn't need to raise any capitol.

Kurt
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