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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: Brad Morris who wrote (1225)7/6/1998 1:35:00 PM
From: CO  Read Replies (2) of 4650
 
Actually I believe ADOT now owns 27% of Biomoda. People at ADOT have been acquainted with people at Biomoda for over 20 years.

Biomoda is the main reason that I have continued to add to my position in ADOT. I think the early lung cancer detection is the key to preventing over 160,000 people in the US from dying each year. And then there is the 900,000 that die each year from lung cancer in China.

Excerpt from last press release:

BioModa, Inc., after two years of negotiations, has additionally embarked on a new program in cooperation with the Shanghai Center on New Drug Development in The People's Republic of China (PRC). BioModa will work with the Shanghai Center (owned jointly by the city of Shanghai and the Chinese Government) to provide Shanghai and the country of China with an economical turn-key medical package that will accurately diagnose various forms of lung cancer up to six years earlier than any test currently available.

The objective of this program is to address an urgent need among the Chinese population. The PRC reports that over 900,000 Chinese people die each year from lung cancer. Although China has over 300 million smokers, a large number of lung cancer cases can be attributed to working in factories where caustic chemicals and noxious fumes are found.

Cheryl
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