AMERICAN BIOMED, Minimally Invasive Technology (ABMI) Message Board

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

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To: Jeffrey L. Henken who wrote ()	6/5/1998 11:53:00 AM
From: M.S.H	Read Replies (2) of 2887

Jeff did you even read the 10Q. I will help you out. [Although the company has a commitment for a $5 million equity credit line, certain conditions must be met prior to closing. If said conditions are not met and the company is unable to draw down additional funds, the company may require additional sources of funding. There can be no assurance that the company will be able to obtain additional funding on acceptable terms or in time to fund any necessary or desirable expenditures. In the event such funding is not obtained, the company's research and development projects will be delayed or scaled back. Failure to receive funds from the equity credit line or additional financing will have a material adverse effect on the Company's operations. In order to continue as a going concern, the company must raise additional funds as noted above and ultimatel must achieve profitable operations.} Like I said before, they did not receive the 5MM. Believe me if they did you would have seen a press release. ABMI puts out press releases when Rash goes to the bathroom.

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