Tim'$ Thoughts And Picks For Maximum Returns: By Tim85gt $ Message Board

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Strategies & Market Trends : Tim'$ Thoughts And Picks For Maximum Returns: By Tim85gt $

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To: Tim85gt who wrote (1040)	11/29/2004 3:38:18 PM
From: Tim85gt	Read Replies (1) of 1056

BDYS .03 x .04 today is BODYSCAN CORP right now been knocked down onto the pinksheets months back . Story of it that I found researching it so far. Started from a merger BODYSCAN went public merging into MLCX shell and became BDYS was about .80 when volume started to come in about 9 months ago now. bigcharts.marketwatch.com Then it hit a high of about $2.40 with highest volumes of 2 mil = $4 mil in dollar volume Then it started to decline as they had a problem with promoting there stock , along with many other stocks listed with it . So off the OTC to the pinksheets they went . No more news has come out yet since there problems , but a letter was issued to warrant holders recently and explains some stuff. Here it the letter contents and my take and what may follow . BODYSCAN CORPORATION September 23, 2004 Management at bodyScan has been investigating technological advances in the medical industry as part of the company's plans for future expansion. The company is looking into establishing multi-modality medical clinics featuring state-of-the-art therapy and treatments that are covered by insurance and Medicare. Management is confident that these clinics bring the company a major opportunity for financial growth and success. We will update you as additional information becomes available. Some of you have requested an estimate delivery date for the K-1's. Please be assured that BodyScan is diligently working to deliver your K-1's as soon as possible. We have recently hired an experienced accounting staff. We have terminated the relationship with the accounting firm previously employed by the company and have retained an accounting firm well-versed in handling the financial affairs of a public company. All available resources are being used in an effort to finalize BodyScan's financials. Although it is not likely that the K-1's will be delivered by October 15 as planned , we anticipate that your K-1's will be mailed before December 1. We apologize for any inconvience this may cause. Management at BodyScan is optimistic about the future growth of the company. We hope that you will bear with us as we overcome some of the "growing pains" associated with new ventures. Thank you in advance for your continued patience and support. Sincerely, Anthony Scuito Reading though this it explains why they moved to the pinks - there accounting firm screwed up - and they say they have a new accounting firm working on them . If and when they get there financials in order they should get relisted and move off the pinks . They mention by DEC 1 for something not sure if that means there financials are done or just a part of them . Gain potential? Well a move off the pinks should move the price up as that is very good . And they talk about growing , they need to get news out though. Maximum Gain potential here possibly - only thing is with pinksheets stocks you are kept in the dark a lot more without filings. Accumulating a little here and there so far first pink sheet stock holding . Back over a dollar my guess if they get these things moving ahead.. Best bet sell 1/2 at first double and leave the rest longer term from average cost. Very risking may go lower too so not adding too much all at once.

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