SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Aishwarya who wrote (569)4/27/1998 1:51:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 2887
 
A market sell off and ABMI heads further into the buy range. Here is an excerpt from the last 10K that shows why I feel ABMI may be one of the best buys an investor could make this year:

sec.gov

Management believes that the Company is now positioned to capitalize on its silicone manufacturing expertise and patented minimally invasive technologies. Since receiving ISO 9001 certification in January 1998, the Company has received unsolicited requests to manufacture unique devices to the specifications of third parties, indicating growth potential in the OEM market. One OEM contract for 100,000 units per year is currently in force and another incorporating the manufacture of nine separate product lines is being negotiated. Although there can be no assurances, management anticipates that the OEM contracts, coupled with a concentrated focus of its efforts on the marketing and distribution of its FDA approved products and successful completion of its ongoing clinical trials, will result in revenue growth in the next twelve months.

Regards, Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext