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

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To: Kurt N who wrote (1236)7/7/1998 9:49:00 AM
From: garyb  Read Replies (1) of 4650
 
Hi Kurt,

Perhaps you can explain to me how the shares of Biomoda that ADOT holds can increase in value, if it's not a public company? What do you think ADOT paid Biomoda for the additional 5% stake in the company? Furthermore, what would keep Biomoda from simply issuing more shares to some other investor, as the need for cash becomes necessary? I think I did see an internet offering of up to 600k shares, though I'm not sure how that works for the private investor. Does anybody know the total number of shares Biomoda has out?
Sounds like a really exciting start up company and I'm in for a small stake of ADOT, hoping to make a killing in the coming months/years. Have to admit that I need more DD skills though.
Regards
Gary B
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