Pacific Diagnostic Technologies (PDTK) Message Board

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Microcap & Penny Stocks : Pacific Diagnostic Technologies (PDTK)

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To: Franklin who wrote (95)	3/6/1997 12:45:00 PM
From: Franklin	of 262

PDTK UPDATE This company caught my eye a while back so I decided to do a little research on my own. I first looked at this companys product to see if there would be a market for it. The companys main product is their line of stat tests. These are medical test kits which will test for different elements within a persons body and give the results at the point of testing within a matter of minutes. I talked with some people in the medical profession to get their oppinion. they have not heard of the stat tests yet. Anytime they have any tests to be done they send them directly to the lab. This isn't so bad when you have a hospital with a lab right in it. They could usually get the results in about ten minutes or so. They saw a very big advantage of having this kind of testing not so much in the large hospitals but rather in the smaller emergi centers and in the field. Right away they described how useful these type of tests would be to paramedics who currently have nothing like this at all. And they obviously can't take a blood sample and send it off to the lab for a quick result. One partucular stat test is the statK which tests for potasium. A high concentration of potasium could be fatal. So it seems as though there is potential for a very big market out there. I then looked at the companys financials. Basically, do they owe anybody any money and can they make money. They have no long term debt, a little short term debt (approx. $250,000). They anticipate making money this year, about $1,000,000. That lead me to their plans of acquiring another product line, the biotrack, which will compliment their stat tests. Except these tests will test for different drugs within the body. Again, big advantage for the paramedic out in the field and the small emergi centers. This is what the financing is for. I have recently spoke with some people involved with PDTK since my last post and they told me that good things are happening and that there is going to be an announcement soon. They also told me that there is more in the works than just the biotrack acquisition. They wouldn't say what but that it was definitely good news! Since understanding their product and their plans and feeling that they do have products that can be marketed and sold, I decided to buy a stake in this compay. I personaly have confidence in this one. But check it out for yourself. Franklin

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