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

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To: tinsoldier who wrote (2769)7/10/1999 11:03:00 PM
From: tinsoldier   of 2887
 
My final SI post, anywhere and forever:

So far RDIM has been nothing more than an InvestRight pump and dump. I know P&D are facts of life but posting false and misleading info on the net boards to support it is stupid and illegal. A little birdy told me that InvestRight might trade through Dallas office of First Financial. I posted the transactions through June the other day on Ragingbull and low and behold First Financial front and centre April/May and no trades in June.

Web delay is also disconcerting. Where were beta tests two or three months ago?. Beta tests take alot more that 3 weeks. No way they are going to make July 28 deadline if they are just putting beta together now.

Biggest issue facing RDIM is SEC reporting status. This is one deadline that RDIM can't change. Forward thinking management would have this done by now. The audit process is not that big of a deal. Just open your wallet and give the accountant some office space for a month. To my way of thinking the only logical reason not to report is because you don't want to report.

I'm done posting anywhere and everywhere for good. Also done with OTCBB. IMO only three types in OTC market - insider/P&D, daytraders and suckers. A sucker unwilling to acknowledge reality becomes a fool and a fool and his money are soon parted. Also too much b.s. and the crowd is too hostile. Poor Gregster, I know his background pretty good from ABMI and can relate to where he's coming from...like I said, hostile crowd.

With SEC crack down on non-reporting OTC stocks, its going to be shorters' paradise - don't even have to think too much as it's all alphabetical. Maybe that's why RDIM is changing ticker to byit - shorts are up to D now. Can hardly wait for electronic pink sheet trading to begin.

If you're an honest arms-length investor, good luck. If you're not, go to hell.

Tinsoldier (retired)
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