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: PETE DARRUDA who wrote (1)	10/16/1998 11:55:00 PM
From: EMF	Read Replies (3) of 4650

Please don't be offended by my opinions and questions below. I finally spent the $200 to become a SI member. I have been following this thread from the first post by franco. At this point I don't expect much from ADOT. I think it Is highly unlikely that their original customer for the bill board has not canceled their order. Would you wait an extra year for a product that you ordered? Meanwhile Blue LEDs have become very bright and cheap. I find it hard to believe that ADOT's SLM display can compete with a display based on LEDs. When ADOT first started the bill board project Blue LEDs were not bright enough to make a bill board. They are now. Since we know ADOT has been raising money buy selling shares it seems odd that they would not release some more information on their core Busses. It is not to there advantage to conceal progress. If they can't tell us much I suspect there is not much to tell. As for the biomoda investment. I don't see how it will benefit the ADOT share holder one bit. Except for the opportunity to sell out at whatever small spike might occure after good biomoda news but the fact of the mater is no one knows how Less will handle this investment or what his plans really are. If the bill board is much later ADOT may find themselves in breach of contract and need to sell their investment in Biomoda to repay their customer.(worst case) Adot's ownership of biomoda seems to have been financed by more than doubling the number of ADOT shares outstanding. If we think less is a better investor then we are maybe we should just send him our hard earned dollars directly. I truly hope my gut feeling about all this is wrong. And maybe one of you can clear up my doubts, maybe we will get some news (or a 10Q) from ADOT with some verifiable news or progress report otherwise I'm out on the next spike, if there is one. EMF

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