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Microcap & Penny Stocks : Ugly Ducklings- DD of the obscure and out of favor

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To: Johnny Ro who wrote (29)7/22/1998 8:04:00 PM
From: PitBull  Read Replies (2) of 102
 
Business Summary

(OTC BB:BTIX)

43 cents
went up 9 cents today on low volume
(don't know why, and I am NOT in this)

Biomagnetic Technologies, Inc. develops, manufactures, and sells innovative medical imaging systems to medical institutions
located in the United States, Europe and Japan. For the six months ended 3/31/98, revenues rose 20% to $2.1 million. Net
loss fell 68% to $1.9 million. Revenues benefitted from the sale and final customer acceptance of one Magnes 2500 WH
system. Lower loss also reflects the absence of a $2.3 million non-cash charge to interest expense.

:
9727 Pacific Heights Blvd.
San Diego, CA 92121
Phone:
(619) 453-6300

float 13.3 million according to yahoo

don't know much else, just found this
worth further dd?

what is your assessment of the insider selling/buying on this?
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