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: Getcher who wrote (4040)	7/12/1999 7:44:00 PM
From: Wink	Read Replies (1) of 4650

Just read the report, and management's intentions are very vague at this point. They have shown that they can sell shares at most anytime to raise working capital and this scares me. (Didn't realize Les was our CEO either - I must live in a closet or something.) If they truly hire a CFO and a marketing team, then they will need plenty more cash (we've heard the marketing story before though). If we see some completion percentages getting higher, then I may try to buy back into my original position (time will tell here). Several months or end of year were two time frames given in this recent report. Hope all comes out in the wash soon, because even at these depressed levels, ADOT is one of my largest holdings (that's sad). Nothing jumped out at me except the more professional look and content of the report. That's a good start, IMO. ;>)

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