ADOT has just been added to PENNYPICKER'S NEWSLETTER! Here's the email. Man, this is going to fly!!!
Subject: ****** PENNYPICKERS NEW PENNYSTOCK PICK!! ****** Date: Wed, 03 Feb 1999 13:15:34 PST
My new stock pick is (ADOT). This stock looks very attractive right now, and could see some nice gains in the short term, as well as long term.
Web site: adot.org
52 week range: low= .04 - high= .56
Shares outstanding= Apx 17 million Shares in the float = Apx 8 million
I am being told that ADOT will have a press release either Friday or Monday, and BioModa Inc. (ADOTs subsidiary) should be having one as early as tomorrow!! These press releases could spike up ADOTs stock price!
ADOT is a fully reporting company to the SEC.
Advanced Optics Electronics Inc. is a developer of patented electronic display technology, utilizing ADOT's proprietary SLM (Spatial Light Modulator) light valve.
Now these billboards are AWESOME! This is the new wave in my opinion, of outdoor advertising! ADOTs billboards have a better contrast ratio than others, more brightness, LESS energy use, and the price is about 9 times cheaper than any other same type billboards.
ADOT projects substantial earnings from the sale of 7 to 9 systems in 1999!! With the average system selling at least $1 MILLION, ADOT can easily achieve $10 MILLION this year in revenues! According to ADOTs December 9th press release, they already have contracts worth $7 MILLION!!
In addition to the core business of ADOT, the company has identified and placed a strategic and high potential return investment in BioModa Inc. BioModa Inc. is a company that holds patents and patents pending domestically and internationally in the technology for early detection of lung cancer.
There is a substantial synergistic effect since optical scanners will be needed for the large scale testing envisioned for BioModa. ADOT currently holds approximately 23 percent of BioModa Inc. with an option to increase that position to 26.4 percent. BioModa Inc. has recently completed successful testing of its technology. BioModa Inc. intends to do an IPO within the next two years.
web site: biomoda.com
Conclusion: As you can see, ADOT is small company with HUGE potential. You should always do your research before buying or selling any stock. All of ADOTs filings can be found at Edgar. ADOT will not be like any of my other picks, since the float is so small. ADOT can move very fast! And any rumors of a reverse stock split is a plain lie, ADOTs outstanding shares are very SMALL!! Good Luck!
Disclaimer: Nothing in this shall constitute solicitation or an offer to buy or with a qualified investment professional. All statements made are my express opinion and should be treated as such. The author of this newsletter does own shares of this stock, prior to his/her newsletter being sent out and may sell them at any time. To be removed, please reply to author with "remove" on the subject header.
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