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Microcap & Penny Stocks : APPLIED MEDICAL DEVICES INC (AMDI)

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To: bottomfish who wrote (79)11/25/1999 9:36:00 PM
From: OLD JAKE JUSTUS  Read Replies (1) of 117
 
Sir, it is a clean shell. It is a fully SEC reporting company, but, so far as I know, it has no revenues, except from Interest Income. It is looking for a company to take-over, merge, or maybe joint venture with. I thank that if anything happens it may be a merger.

Remember, this is a "Penny Stock" and a shell at that. Albeit, a clean shell, meaning it has little or no outstanding debt. This type company can move pretty good on nothing more than rumor and gossip.

If I hear anything else or otherwise, I'll let you know.

Many thanks!

JAKE

P.S. The famous USAF pilot General Tippetts is not related to you, per chance?
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