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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?

To: tinsoldier who wrote (2788)	7/2/1999 10:12:00 PM
From: Brenda L. Greer	Respond to of 2887

Tinsoldier, wake up!!! I believe we need to have a conversation. Here's is my e mail address sunsetco@ix.netcom.com. PM me or email me your phone number and I'll tell you the whole story. Lady you waste an awful lot of time giving Jeff Henken and I grief. Do you think I would have been stupid enough to give the company money if I knew they were doing a floorless debenture. As for Jeff, I know Steve Rash told him time and again that the financing was no floorless convertible. You should heard how hurt he was when the SEC filing was finally made public. Please Timsoldier have a heart and stop making people that trusted in the company feel any worse for the pain each and every one of my friends that invested in this stock has went through. To me every person on this thread is my friend and if the stock was bought because I believed in the company so much my pain is already hard enough to bare. I don't need you adding more pain for each and everyone. I wish I could back the time back and do things different. I thought giving the company money at no discount was a nice thing to do for my friends and people in this stock. Brenda L. Greer

To: tinsoldier who wrote (2788)	7/3/1999 1:04:00 PM
From: Meisterama	Read Replies (1) \| Respond to of 2887

tinsoldier, I don't wish to become involved in the Brenda/Jeff/Penguin situation, as they can fight their own fights and I honestly don't care. But I must point out in all fairness to ABMI that the company itself DID disclose its convertibles in SEC filings as early, I believe, as 1996 (I'd have to check to verify the exact year). For anyone to be crying about not knowing this, is a copout. So the convertibles may be news to some investors who did not do full DD, but most of us, I think, have been aware of them for a long time. Penguin may feel he did us all a favor by bashing ABMI and ranting about Rash and the convertibles, but he unfairly patronizes most of us here by thinking that we did know about these prior to his posting about them. Now, apparently, Jeff and Brenda claim they didn't know about the convertibles, but IMO that is more a commentary on the quality of their DD than on ABMI. ABMI's financial position was one of the first things I looked at before investing. And while I was never happy about the preferred shares, I never thought it would take Rash this long to do major deals like ITI and MRI, so I never thought the dilution would continue for so long and reach these levels. And I blame both Steve Rash and the Summers lawsuit for the delay. As a result, my once-lofty expectations have been lowered to a buck or two per share. Not what I once hoped for, and not what the long-time bulls have been promising, but still very profitable for me. Of course, if ITI and/or MRI don't deliver by year-end, or if Rash doesn't do additional non-convertible deals to raise cash (sell off the stents or Omnicath), then I'll be bailing out as the dilution will have gotten too severe for me. As things stand now, though, we have a good chance of turning the corner before that happens. I, for one, am TRYING to collect some foreward-looking DD, but it's taking some time ....