ADOT - BIOMODA: Profitable Technology with Purpose Message Board

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

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To: Major Tom who wrote (1631)	9/10/1998 6:58:00 PM
From: blessed	of 4650

One thing that should be considered is Biomoda's need for financing. They state they will need a minimum investment of 9 million dollars to take them through 1999, with an additional like amount needed, to get them through 2003. I would assume this is the reason they are going public. That being the case, Biomoda will likely issue more shares which will dilute the shares held by ADOT. How many shares would it take to raise 9 million dollars? What will be the value of the shares that ADOT has? What will it amount to, once distributed among the shareholders of ADOT? Biomoda going public is great news,,,,I think. Blessed

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