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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: Stephen Goldfarb who wrote (3844)5/4/1999 8:31:00 AM
From: Wink  Read Replies (2) of 4650
 
<<An estimated total loss of approximately $23,000 in the first unit has been recognized as of December 31, 1998. The company's estimated loss to complete as of December 31, 1998 is $580,000, which it expects to fund with cash, billings on the contract, and additional capital. >>

This statement is a little confusing? My take is that it expects to lose $580,000 on the first "contract" (2 BB's) not just the first "billboard". Any others? ;>)
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