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: normann who wrote (1640)	9/11/1998 2:09:00 PM
From: Brad	Read Replies (1) of 4650

Normann, I have heard the $10 to $20 range for the IPO when it ultimately happens. But between now and then, we are looking at... 1) possible small placement of 100 to 200 thousand shares of Biomoda at $1.50 to $2.00 per share. But as I understand, the window is about to close on that because the LungCheck results are due very shortly. Then they will be looking at the $3.50 to $4.00 range per share. 2) if Biomoda is not bought out (in whole or in part), then they want to do a larger private placement of 1 million shares at about $3.50 to $4.00 per share. 3) if Biomoda develops fully on their own (without a buyout), they would do an IPO of about 1 million shares in the $10 to $20 range. Again, that's just MY understanding from all my conversations with various sources. But the logic seems to make good sense to me.

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