Very nice to meet you, Elio. My name is Richard Baron and I live in El Paso, TX, just down the road from Albq. Those posts were not left by me; I always use my real name. Right in the middle of our little exchange earlier, I received some email alerts from a service that notifies me about news on stocks and stocks that are being discussed a lot, and it included links to that bulletin board (which I've never before visited) and I thought, as I still do, that it would be informative to post those links here to show that SI isn't the only place where ADOT is being discussed. Apparently there has been an upswing in hype about ADOT on many threads, and some of the touters apparently have lost credibility with some of their readers.
I should be insulted that you would think I wrote those notes -- can you not see the difference in my and guest's writing styles -- but I don't really care.
I can't help but notice that you forgot to post ADOT's December 31, 1998 10QSB. Here's a link to it for everyone doing their DD:
sec.yahoo.com
You may be particularly interested in these statements taken from that document: "The Company relies upon current placement of its' securities to provide liquidity for its development of prototype and manufacturing operations. The Company is also anticipating to produce additional liquidity over the next twelve months through the sale of part of its' holding in BioModa, Inc. These sales of securities will provide adequate liquidity to meet adequate requirements through the end of fiscal year 1999." In other words, ADOT main source of revenue in 1999 is the sale of stock, its own and Biomoda's. Hardly the stuff that dreams are made of.
I currently own 12 stocks, ADOT not being one of them, so you'll be glad to know that I'm going away from this thread for a while, but maybe I'll drop by again this evening, just say hello.
Richard |
