SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?


To: BIGFRED who wrote (4056)7/17/1999 7:06:00 PM
From: R>G>  Read Replies (2) | Respond to of 4650
 
Hello BIGFRED, some of the highlights from Weston Partners LLC
I received this letter Friday, it is dated July 1,1999
ADOT's initial product, scheduled for delivery late this year is targeted at the outdoor advertising industry. Replacing static billboards, the Company provides flat panes displays with crisp, flicker - free images. ADOT's turnkey package manages billboard graphics from a remote access terminal, enabling advertisers to sell billboard time as they would radio or TV ads.
BioModa's research team of prominent cyto-pathologists have developed a patented process of detecting the onset of lung cancer several years prior to the actual appearance of the invasive carcinoma.BioModa is also working on diagnostic imaging and radio;parmaceutical therapy for other types of cancers. Recently, BioModa concluded an agreement with the People's Republic of China to provide a lung cancer diagnostic turnkey package to the city of Shanghai.
Advanced Optics Electronics, Inc. has initiated discussions to acquire a substantial minority interest in a fiberoptics switching company located in the Albuquerque area. If concluded, this acquisition would form the nucleus of an "ADOT" fiberoptic division.
The company acknowledges the interest of a New York based group in purchasing a substantial minority holding in ADOT.
Advanced Optics Electronics, Inc had filed Form 10-KSB (file No.0.245.11) with the SEC, including publicly audited financials, to become fully reporting.
Financcial Projections
With its first unit scheduled for shipment later this year, the Company is forecasting 1999 sales at $1.2 million. With gross margins at 52.5%, it plans to bring over $400,000 to the bottom line. Projected sales are $11 million next year with net profits of $4.5 million ADOT anticipates sales to exceed $100 million by 2002 with net profits solidifying at 50% of sales.
Valuation Summary
Assuming net margin projections are reasonably valid, each flat panes display unit sold could generate about 1.5 cents in EPS. At conservative 20 PE for an emerging high teach company, one could impute an incremental value of 25-30 cents per share for each unit ADOT sells.
EPS estimates for
2000 .08
2001 .39
2002 1.11

Any spelling mistakes are mine.
This is the highlights for me, and there is more stuff, but my fingers are ready to fall off.

Several weeks ago when I talked with ARI he mentioned having several foreign countries he was dealing with, using them as partners. They do all the regulatory work and in turn get to be distributors.
I believe he said at that time it would be 2 months or so and they would start shipping product. Hope everything is on schedule.

R>G>