Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO Message Board

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Technology Stocks : Formulab Neuronetics Corp.(FNCLY)-Anyone following this CO

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To: inchingup who wrote (124)	12/11/1997 4:07:00 PM
From: Nemo	Read Replies (2) of 210

I don't know if most of you realize this, but what you actualy own is ADR's... I don't remember what that stands for, but what it means is that you actually own 30 austarailian shares, for each one ADR. They have about 250,000,000 austrailian shares issued. which if you calcualte it against the current aux quote( $0.11 a share) the company has a value of $27,500,000 american... As for the technology.. I understand what they have done and what this means for this company...It really is increadible.. if you have any question about the technology I could try and explain it. Also the payoff for this company could come sooner than you think.. this company has been researching the technology for the last 14+ yrs.. Now all they have to do is market and ditribute the technology... they are now going to release within the next year end-user products based on their technology.. That is when we the shareholders are going to benifit..

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