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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: ksuave who wrote (2609)1/31/1999 3:03:00 PM
From: Elio Madama   of 4650
 
Richard,

thanks a lot...!!!!!!!
That PR, is the best one (in my opinion).
Profits......!!!!!!!!$$$$$$$$$$$$ :}
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Revenues experienced a 98 percent increase or $ 144,000 in the nine month period ended 1998. As compared to the same period for the previous year. The increase was due primarily to additional allocation of revenues of the contract in place. General and administrative costs increased approximately $29,000 due to the expansion in personnel costs. Depreciation increased approximately $6,000 due primarily to depreciation expense for equipment acquired under capital leases.
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Revenues were flat in the three month period September 30, 1998 as compares to the same period the previous year. The Company will begin to market its products, primarily the flat panel displays over the next several quarters.

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The Company is also anticipating to produce additional liquidity over the next twelve months through the sale of part of its' holding in BioModa, Inc.

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Elio

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