ADOT - BIOMODA: Profitable Technology with Purpose Message Board

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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: Andrew T who wrote (953)	6/2/1998 11:58:00 PM
From: BIGFRED	Read Replies (2) of 4650

Hi Andrew and ALL: Was today the first day ADOT'S 1st qtr for 1998 appeared on the web? I hope Getcher who has more than 5 years of CPA experience can translate those financials. This is my impression of them: Big Negative: We went from 7 million shares to 12 million shares with no explanation. I don't believe we had a press release commenting on the 1st quarter results. Positives: We have 739k+ in cash. (cash is king) The contract receivable from the 1.77 million contract is only 144k now. Using the percentage of the completion method, ADOT had only about 8% left to do on the BB. (MAYBE be even installed now). The Biomoda cost was 35k+ and is now worth 278k+. (800% up). The net income of 224k+ comes to .018 EPS. So ADOT is selling at roughly a P.E. of 10 (great for a technology company). Does anybody have a different impression? Take Care Fred

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