Medical Industries Of America, MIOA Message Board

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Biotech / Medical : Medical Industries Of America, MIOA

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To: Tadsamillionaire who wrote ()	8/11/1997 3:01:00 PM
From: Mr. Miller	of 570

Well, we have come a long way since this was first posted. So much has happened. I got an opportunity to speak with Mike in the l;ast week. That is Mike Morrel for all you Bulls fans. There are many interesting things going on at MIOA that those of you who care should find out about. Remember all the overzealousness between Jonesie and moi regarding the 800,000 one time sale of equipment? Well there is much here my friends. It seems that our boys MIOA are interested in acquiring a company that manufactures those puppies, so selling cath labs will become part of the balance sheet. With this in mind the first quarter selling of a cath lab is not so bogus after all. I urged Mike to make this a part of the disclaimer at the bottom of every news release that they now sell this equipment, but he would have none of that-until it is acquired. Of course, more acquisitions are on the way with physician practices. People supposedly are indicating that this stock should be trading over $5 at this time, but I think it needs more revenues and earnings before we could crack the marginable minimum. By the by, it looks like this quarter's earnings were influenced by non-operating revenues. Keep the faith... Miller

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