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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: TokyoMex who wrote (2281)12/9/1998 10:16:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 2887
 
Someone has a serious math problem. American BioMed is authorized to issue 50 million shares. It doesn't matter how bad a deal the convertible debentures might be if you believe in the future for this company.

Try dividing $10,000,000,000 by 50,000,000 shares when you think about the potential of American BioMed. Ten BILLION DOLLARS a year. That's not a typo. That's a relatively conservative estimate of the Omnifilters potential.

I can tell you that if ABMI continues to slide it will only be a better buy. We will all thank the shorters for giving us cheap shares. I'm looking to average down some more. Bring it on!

Regards, Jeff
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