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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: Nutbuster who wrote (1630)9/10/1998 6:58:00 PM
From: Major Tom  Read Replies (2) of 4650
 
It would be interesting to figure out for every $1 the biomoda goes up how much would that affect the Adot stock price. I guess if biomoda was worth say $2 million and Adot was worth say $2 million(includes the $500k value of biomoda)if adot owns 25%. Now if biomoda value goes to $20, then adot's value would then be $6.5 million ( $1.5 mil. + $5 mil.) so the adot stock would go up 3 1/4 when biomoda goes up the 10 times. So at .15 adot becomes .49. I don't know what the numbers are but I just used these for an example to try to get across my thinking. Also how much does adot lose of its own company when selling shares to buy the few extra percentages of biomoda. It seems you would have to know the real figures to tell if it is worth doing or not.
Major Tom
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