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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: ksuave who wrote (1642)9/11/1998 11:51:00 AM
From: CO  Read Replies (2) of 4650
 
RBaron, The Biomoda shares at $1.50 to $2.00 will not likely be available for very long and we are not likely to see that price again.

Ari Ma'ayan also said that the shares (100,000 to 200,000) they are offering at the $1.50 to 2.00 range would NOT be available for long. He said that any additional Biomoda shares that might be offered later would be at a much higher price.

From what Ari Ma'ayan indicated, I think Normann's figure is probably fairly accurate. But even at the lower price of $1.50 a share, I can purchase 10 ADOT shares to 1 of every Biomoda shares. And since ADOT owns apx. 22% of Biomoda, ADOT sounds like a good deal to me. Just my opinion.

In my opinion, I think that is very likely that Biomoda may be bought out by someone before they get a change to go public.
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