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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: AKAPAK who wrote (3721)4/6/1999 2:11:00 PM
From: SCOOBEY-DO  Read Replies (1) of 4650
 
Hello everyone, I am new to this stock.



I would take this statement to mean that the New York group is or will be buying shares in the open market. Is that your understanding? I believe that a company would have to register the information with the SEC, if they plan to sell new shares to raise funds.
If the New York group does buy over the open market, they would be able to buy until they reached x number of shares, then they would have to register that they were a minority shareholder (insider) with the SEC. If they buy out of the current float, it will help increase the share price.
What is the current float for ADOT?

Thanks for any information that you post.
Scoobey
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