AMERICAN BIOMED, Minimally Invasive Technology (ABMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Amanda Marley-Clarke who wrote (16)	3/3/1998 1:24:00 PM
From: Jeffrey L. Henken	Read Replies (3) of 2887

The company is currently in transition from a development stage company to one where very real sales. These sales will eventually translate into bottom line growth and actual earnings. I expect the next earnings report to be released around the end of this month. It is very likely that we will see year over year improvement. But the real growth will kick in later this year and early next. Along with the recent ISO 9001 certification came a large order from Polamedco for nasopharyngeal airway products. It's looking strongly like ABMI might actually get the full 300,000 of these done this year. Other orders from additional medical supply companies are certain to follow. ISO 9001 Certification is a rarity and a necessity for the sale of quality medical device products. Polamedco could not even find a market for these products without using ABMI to produce them because they do not have 9001 certification in house. But that's not all by a long shot. Along with marketing their line of all silicone catheters they have recently recieved approval to market another device. This one could be big. AMERICAN BIOMED RECEIVES FDA APPROVAL TO MARKET NEW, SAFER THROMBECTOMY CATHETER americanbiomed.com Product sales are ramping up! ABMI is looking to establish a nationwide distribution system. This will include Canada and Europe as well. A great deal of progress has already been made and I look for much more progress in the next 45 days. Checkout the distribution companies already in place. Keep in mind the recent deal with Stepic Medical in New York. Steve told me that Stepic does not sign a company unless they feel they can sell $2 million a year of their products. ABMI is paid for whatever they ship to these distributors. Not what the distributor sells! Look over the companies already signed as distributors. Expect more soon! biz.yahoo.com biz.yahoo.com biz.yahoo.com ABMI has hired a new aggressive VP for sales Marshall Kerr. Mr Kerr has a world of experience and great contacts. From what I hear reported that he is doing a fabulous job. biz.yahoo.com Regards, Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next