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: J. Nelson who wrote (4318)	8/17/1999 11:58:00 AM
From: Wink	Read Replies (1) of 4650

As the 10Q only goes through June 30, 1999 we don't know if the company dumped shares or not on the up move. The price had been under $0.10 until mid July, before the run. Knowing that they had already taken out a loan in excess of $400k last quarter. I think that they did indeed issues more shares for cash during the run in order to avoid more debt and used the paid tout to achieve a higher sales price. I could of course be all wet in my assumptions but if we took a straw pole of readers, I'll bet that they would agree with my assumption. (Remember it has happened before and we all know that history has a tendency to repeat itself, repeat itself.) <ggg> ;>)

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