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

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To: James Marks who wrote (1339)6/23/1998 7:44:00 AM
From: greg Benfield  Read Replies (1) of 2887
 
Okay it has been awhile since we have gotten real news about ABMI. This new distributor is nice but not what we all wanted. We have been anticipating a June news release and June is slipping through our fingers. Things have quieted down from earlier this month volume wise and posting wise. We have lost a valuable asset in the Yahoo thread and to be honest I think that will make it more difficult. The CE Mark has yet to come but in could be announced at any time so let us cross our fingers. We will be getting the 2nd qtr earnings within a month or two...we all know ABMI is slow in reporting but what do we think the next two months are going to bring us.

Some think we will be taken over...I hope so. Some think a new deal will make it all easier....I hope so. What I hope for is a positive announcement that shows that ABMI is getting closer to profitability. Whether it be in the form of a new OEM deal, a new product in research, sales of an existing product doubling...something like that. Is that too much to ask for?

Greg
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