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


To: Brad who wrote (626)3/18/1998 1:59:00 PM
From: DARPA  Read Replies (2) | Respond to of 4650
 
So, is that the explanation?

Has the company simply created and sold more
shares to someone with deep pockets? That
would explain the lack of upward price
movement. Wouldn't be a bad thing,
necessarily. The company would now have more
working capital and share price wouldn't need
correcting as the CASH asset would have
increased proportionately with the selling of
these new shares (hypothesizing here).

The downside is that share price may continue
to be in a holding pattern until genuine
revenues start to drive earnings up.

Speculation on expectations of earnings by a
wonderful new lung cancer diagnostic and
treatment company isn't necessarily going
to drive the price up in the near term.

If that's the case, I'd like to divest, find
something with some movement for this year,
and then get back into ADOT as the sales start
to ramp.

Thoughts? Anyone have timelines as to when
Biomoda will begin "shipping" their
product(s)?