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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: Don Whited who wrote (344)3/28/1998 7:32:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
Right you are Doc. Lets talk about ABMI, earnings are due out soon and based on the last 10Q we can expect higher revenues. Perhaps we will get some insight into the current quarter as well? Lets look at that last 10Q shall we?

sec.yahoo.com

An excerpt:

Overall sales were down due to the ineffectiveness of the Company's sales team. Corrective action was taken and new sales staff was added in October. As a result, sales for the fourth quarter of 1997 already exceed the third quarter sales of $107,292.

More distributors means more money in the form of up front payments!

biz.yahoo.com

ISO 9001 certification means OEM deals.

This represents a second source of revenues that will help ABMI continue R&D on the exciting new products in development as well as marketing the current product line of 100% silicone catheters.

biz.yahoo.com

biz.yahoo.com

What are some of those technologies?

americanbiomed.com

Fourth quarter and year end numbers are due out soon from American BioMed. Perhaps we will get additional news or some indication of further sales growth.

Go ABMI!

Regards, Jeff