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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?

To: BIGFRED who wrote (4061)	7/18/1999 1:23:00 AM
From: DARPA	Read Replies (1) \| Respond to of 4650

The last 7 or so posts were great. EOM.

To: BIGFRED who wrote (4061)	7/19/1999 9:31:00 AM
From: Getcher	Read Replies (1) \| Respond to of 4650

Hi BIGFRED, You were not mistaken concerning the anticipated loss in their annual report recently released. I read it too!! They took as a loss in 1998 what they anticipated to have as a final loss in 1999 on just these two billboards. This is standard GAAP accounting. If the loss is larger the increase flows into 1999. If smaller, there would be income in 1999. How there can be a conflicting report that spells out $400k in profit on the sale of JUST the first 2 billboards is beyond me. The only thing that could possibly make sense is that they will have $400k in Gross Margin -- this seems low however. The margins on these suckers should be above 50%. Oh well ... this long term holder can wait. As much as I turn my ears off to some of the "pie in the sky" news on this company, I do get a little upset at such easy to spot flagrant inconsistencies in reporting. Waiting for the real pop ... not just the initial one!!! GETCHER