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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: BIGFRED who wrote (756)4/17/1998 1:43:00 PM
From: Dave Gore  Read Replies (1) of 4650
 
I ONLY DISAGREE on #2. I would not not consider that negative unless they say they CAN'T AFFORD to further invest..I think it is smarter to wait as long as they can to invest more money. As long as the revenue stream is a ways off for Biomoda...why not wait if they have that option?

Plus, in your opinion should they borrow money (i.e #4 if it enables them to do #2)?

Just some thoughts,
Cautiously VERY optimistic,

DAve

Negative news:

1- Negative EPS.
2- No increase in percentage of ownership in Biomoda.
3- Substantial increase in the outstanding shares.
4- More financing was needed.
5- BB delivery date is later than June 1998.
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