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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: AKAPAK who wrote (3721)4/5/1999 12:19:00 PM
From: BIGFRED  Read Replies (1) of 4650
 
Hi Paul:

If this N.Y. group is buying a large minority interest in ADOT, I AM WONDERING if these are preferred shares or all the remaining outstanding shares (if there are any left).

Forget about a marketing department this year or selling 7 to 9 FPD.
ADOT said "later this year" for delivering their first FPD. By then I would have held ADOT for 2 years. My original goal was to hold ADOT 3 to 5 years.

My take on this is that ADOT needs money. Biomoda's shares are now not marketable and cannot be converted to cash now that ADOT needs more capital.

Take Care

Fred
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