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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: Chris O'Keefe who wrote (2302)12/14/1998 11:55:00 AM
From: thomas a. burke  Read Replies (1) of 4650
 
Chris,

I appreciate your comments and yes, I am trying to hold out for a measley .07. In reality I have lost so much from my investment(100,000 shares @ .23) that another penny doesn't really matter.

Chris, can your friend give you any reason to invest in ADOT, other than Biomoda may go public sometime next year? That seems to be one of the problems here, there is NO EVIDENCE that a marketable BB even exists. They will not tell us who the customers are(if they have any), will not release any financials even though they filed a 10SB last June(even if they did not meet the SEC standards, I BELIEVE they would be required to file through the end of this year) and have not released anything since, management will not divulge current share status.

I agree, and have stated for quite awhile that the only hope here is Biomoda. Best case scenario is Biomoda goes public soon and ADOT sells its stake and adds cash to the coffers. This may or may not increase ADOT shareprice. Worst case scenario is ADOT goes bankrupt and Biomoda stock is spun off(it won't be to us shareholders,IMO) and we get nothing.

As usual the above are only my opinions.

Good Luck Chris.
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