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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: Drugres. who wrote (4460)10/15/1999 4:05:00 PM
From: ewaggin  Read Replies (1) of 4650
 
Drugres - Biomoda is a private, not public, company. Thus they are free to play their cards as close to their chest as they want. Also permits them to ignore any and/or all buyout offers, if they so desire.

I think that the answer to your post on RB also made some good points. Some of the hush is likely due to the fact that the initial deal will probably be made in China, where they are eager for a tool like this, as opposed to the US, where the big pharmas may actually be uninterested in, or even hostile to, an inexpensive alternative.

Given the above, I believe that Biomoda is playing it smart by keeping a very low profile until they have a deal locked up. Yes, not knowing is frustrating, but if this is what it takes to lock up a profitable deal, so be it.

Regards,

ewaggin
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