It looks like ADOT has rapidly been increasing their holding in Biomoda. In light of the fact that Biomoda is getting so close to marketing the "Early Cancer Detection," I can see why...
From the SEC Filing...
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"BIOMADA STOCK. On April 17th, 1998, Advanced Optics Electronics, Inc. purchased an additional 631,578 common shares from BioModa. The total number of shares owned by Advanced Optics Electronics, Inc. as of this date is 817,470 or 21.57% of the outstanding number of common shares. Advanced Optics Electronics, Inc. also has an option to purchase 248,950 additional shares of BioModa, which, if
exercised, would be 26.8% of the total number of outstanding common stock."
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The last press release indicated that ADOT now HAS about 27% ownership of Biomoda. So ADOT must have exercised their option.
To me, that says that ADOT also expects something to happen pretty soon on Biomoda.
After talking with Biomoda, I agree. And I think we're talking some very BIG money!! :-)
I think Biomoda's technology could be National Headline News very soon!
Just my opinion, but that's how I see it.
Best wishes,
Brad |
