ADOT "GENERAL OVERVIEW INFORMATION"
(This information has been compiled by me, an independent investor, and is presented to be as accurate as possible according to what information I have been able to obtain from public and private sources. This should NOT be assumed exact, but is presented as a starting point for research purposes.)
Ticker Symbol: ADOT (OTC:BB)
COMPANY: Advanced Optics Electronics, Inc 5601 Holly NE Albuquerque, NM 87113 Phone: 505-797-7878 Fax:: 505-858-1871 CEO: Leslie Robins WEB SITE: adot.org
RECENT PRESS RELEASES: moneynet.com
SEC STATUS: ADOT is filing to be a fully reporting company with the SEC.
TOTAL SHARES AUTHORIZED: 25 million TOTAL SHARES OUTSTANDING: 7,155,503 (from 12-31-97 Financial Stmt) SHARES IN THE FLOAT: Apx 1.5 million
EARNINGS: 1997 EPS: (.01) Note! They were a developmental stage company in 1997! 1998 is expected to be profitable.
Click Here for 1997 Balance Sheet adot.org Click Here for 1997 Income Statement adot.org Click Here for 1997 Cash Flow Statement adot.org
REVENUE ESTIMATES: 1998 sales of $4.4 Million from Flat Panel Displays (NOT including BIOMODA) 1999 sales of $12.0 Million from Flat Panel Displays (NOT including BIOMODA) Estimates from BIOMODA are (conservatively) $9 Million in revenue in the third year of commercial administration and $70 Million or more in the fifth year. Profit margins from BIOMODA are expected to be very, very large!
GENERAL BUSINESS INFORMATION: ADOT's profit potential can be derived from 2 sources. Flat Panel Displays and BIOMODA Early Cancer Detection and Treatment.
1) FLAT PANEL DISPLAYS: Advanced Optics Electronics, Inc (ADOT) is primarily an electro-optic technology company that designs and produces large scale (14' x 42') flat panel displays for the outdoor advertising industry using a patented technology. The displays will create billboards that more closely resemble large television screens.
ADOT's displays provide crisp, flicker free images with superior speed capacity and image quality. The Company's turnkey package manages billboard graphics from a remote access terminal thus enabling advertisers to sell billboard time similar to television and radio advertisement blocks.
The outdoor billboard industry will utilize this technology to create and control advertising displays from a remote location via satellite. Advertisers can tailor messages for such short-term markets as morning drive-time commuters, up-coming events, etc.
These billboards are designed for new installations and conversions of existing units in the $2.3 billion outdoor advertising industry. The industry is growing rapidly due to technological advances. Demand is exploding and rates already increased 50 percent. Billboards are highly cost-effective and are usually priced 80% less than TV, 70% less than print media, and 50% less than radio.
The first contract is valued at a total of $1.7 million and the company expects to begin receiving revenues from the delivery of their first electronic instant changeable displays in March 1998.
2) BIOMODA EARLY CANCER DETECTION & TREATMENT: BIOMODA Inc., a privately held bio tech company, holds a world-wide exclusive license in perpetuity from the University of California to a patented a molecular marker/binder technology for the very early detection of lung cancer AND an integrated treatment for lung cancer.
As it turns out, ADOT's patented technology used in flat panel displays also has medical applications. Specifically, BIOMODA incorporates this technology in the equipment it uses for early cancer detection and treatment of lung cancer. This technology was originally used in research done by the government at Los Alamos & Sandia Laboratories.
BIOMODA has given ADOT the first right of refusal to design, manufacture and distribute the scanning test devices used for the lung cancer tests. The BIOMODA tests detect lung cancer 6 years earlier than all other tests currently used.
Consequently, ADOT recently acquired a substantial minority interest in BIOMODA.
BIOMODA estimates there are 77 million Americans over age 45 who are at risk of lung cancer. In 1991, an estimated 25 percent smoked. That represents at least 19 million people who might benefit from an annual screening for lung cancer (similar to the screening for cervical cancer in women after puberty).
The early detection cancer test can be expected to improve 5-year survival rates from at least 13% to 46%. With the advent of Biomoda's new lung cancer treatment, this diagnostic/treatment program can be expected to increase these survival rates even further.
At $100 per test, the potential annual market just for all smokers over age 45 is $1.9 Billion! For all smokers over the age of 40, it's $3 Billion !!
BIOMODA estimates the present market for lung cancer therapies is about $450 Million and BIOMODA expects to retain a significant share of that market.
So ADOT can benefit from BIOMODA's program in 2 ways as follows:
1. ADOT has the first right of refusal to design, manufacture and distribute the scanning test devices used for the lung cancer tests.
2. ADOT also owns 20% or more of BIOMODA, Inc. BIOMODA profits will directly benefit ADOT and subsequently ADOT shareholders.
RESEARCH CREDENTIALS: Research on both the early cancer detection test and the proprietary imaging and treatment program was conducted at: Los Alamos National Laboratories in New Mexico, the University of New Mexico at Albuquerque, and St. Mary's Hospital and Medical Center in Grand Junction, Colorado. Public testing of this research will soon begin at a respected cytopathology lab in Scottsdale, Ariz.
OTHER CONSIDERATIONS: $1 million financing in 8% convertible subordinated debentures with an 18 month restricted term was completed in October, 1997. The financing was arranged with a non-U.S. investor. Proceeds will be used for working capital as well as the Company's pending acquisition of a space and information technologies development firm, as announced on July 8, 1997.
BIOMODA's immediate goal for the U.S. is to market sputum sample cytopathology reagent kits using TCPP, a lung cancer in vivo diagnostic product, and a lung cancer therapeutic product.
Advanced Optics Electronics, Inc. is also continuing negotiations with the previously announced space and information technologies company. The space and information technologies company is estimated to generate minimum revenues of $8 million a year over the next five years with $10 million in backlog orders. The firm services a broad customer base including the U.S. Air Force, Boeing, Lockheed Martin, Honeywell, Department of Defense, Department of Energy, Federal Aviation Administration, Sandia and Los Alamos National Laboratories, and the Veterans Administration.
ADOT also announced recently that preliminary discussions have begun with Literal Corp for the acquisition of certain patents and a possible equity interest in Literal. Literal Corp holds numerous patents relating directly and indirectly to data transmission and compression for optically sensed and transmitted information.
TALK FORUMS: Silicon Investor Subject 16128
CURRENT QUOTE: quote.yahoo.com or try this site cbs.marketwatch.com
CHART: tscn.com
HISTORICAL PRICING: (Type the "ADOT" in the Symbol box) tradepbs.com
INSIDER BUYING / SELLING REPORTS: insidertrader.com
WHY I LIKE THIS COMPANY: 1. Small Float 2. Profit potential from Flat Panel Displays 3. Enormous Profit potential from BIOMODA. 4. Cancer research & treatment claims are verifiable. 5. The BIOMODA position and the acquisitions under consideration all appear to enhance ADOT's posture in it's primary market.
PLEASE NOTE: I am NOT associated with this company in any way. I am an individual investor with my own opinions. I don't give advice. Questions should be directed to the appropriate source, many of which are listed above. Everyone is urged to do their own research before investing in anything.
Best wishes, Brad |