ADOT - BIOMODA: Profitable Technology with Purpose Message Board

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

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To: BIGFRED who wrote (1556)	9/3/1998 10:04:00 AM
From: ksuave	Read Replies (2) of 4650

Considering the steady selling and erosion of price since about June 11, we really don't know if ADOT's been buying shares back, Fred. Also, if they're going to retire those shares, exactly how are they going raise money by buying them while they are now "cheap." Are you suggesting they are gambling what cash they have on a penny BB stock to raise the money they need for ongoing operations? Also, with 13 mil shares outstanding, an 8 mil share dilution is a very big deal The broad indifference management has shown to stockholders, Brad's visit not withstanding, indicates to me all we can be is hopeful that the value of Biomoda will even be shared amongst shareholders. As is obvious, I am not a happy ADOT'er right now. Richard

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