To: Robert Andrew who wrote (650 ) 3/20/1998 8:59:00 PM From: Randy McCubbin Read Replies (1) | Respond to of 4650
Just my thoughts for the week The volume of ADOT was good this week. Alot of people taking notice of this one now. We traded a total of 4,341,700 shares this week, with a high on monday of 1.5 million and a low of 354,500 today. Sharp contrast to when I got in back in February, only traded 8000 shares that day. With all this volume, I would of liked to see a higher stock price but I have to believe that we have gotten much stronger. We stayed near or above .30 for got of the week. The one exception was Thursday right before the "Penny Wise Pick of the Day" came out. Just imho, but you got to love those market makers. NOT I am still very excited about ADOT. I have stated before that the reason I bought in was not because of Biomoda but the bill board technology, and either one alone can drive the stock price. Still have the following news to look forward to: 1)Completely reporting company to the S.E.C. 2)Delivery and payment for the first bill board contract (1.7m $) 3)Biomoda tests to be completed 4)Probably (imo) that ADOT has exercised the option to buy a larger % of Biomoda Do have one question that maybe someone can answer. Last press release said that ADOT would be getting another contract for bill boards worth 2.7 million. The the first contract was worth 1.7 million for 2 boards (850,000 each). 850,000 x 3 =2.55 million----850,000 x 4 = 3.4 million. My best guess is that after completion of the first contract, the cost of production has gone down and the new contract is for 4 more boards at a cost of 675,000 each but don't know that to be fact. If someone knows the answer, please let me know. Good Luck RandyMac