AMERICAN BIOMED, Minimally Invasive Technology (ABMI) Message Board

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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: Meisterama who wrote (2779)	6/30/1999 8:12:00 PM
From: samcat9	Read Replies (3) of 2887

Meisterama, I have no special knowledge about ABMI, Rash, ... or ABMI's products. However, I strongly believe that ABMI is currently in the best financial position it has been in for years. Unfortunately, all of the hype done by certain persons in the past unrealistically inflated the expectations of investors, which has resulted in a lack of confidence in the company at the current time. I did not fully realize what a bad financial position ABMI was in when I bought my stock, but I believed that its products and its patents were valuable if the proper approvals could be obtained and they could be taken to market in an effective way. Unfortunately, ABMI did not have the funds to obtain the approval and market the products. I remain optimistic about the current deals with the venture capitalists. If they did not believe they could not make money, they would not have acted. The $1 million payment is evidence of their beliefs in ABMI. I share many of your views about ABMI. I will post more of my thoughts at at a later date. Thank you for sharing your thoughts. samcat

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