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Microcap & Penny Stocks : APPLIED MEDICAL DEVICES INC (AMDI) -- Ignore unavailable to you. Want to Upgrade?


To: Milk who wrote (6)9/11/1998 2:08:00 AM
From: Wayne J.  Read Replies (2) | Respond to of 117
 
Hello! Milk,

I'm not sure if I'm understanding the information/data correctly but in my opinion it seems that AMDI made a filing on September 8th. via a 10QSB and I thought I saw a cash position of $156,470. at the end of July with Common Shares totalling 4,831,906?
JMO!
Only a guess but maybe the Companies Management has become complacent
justifying the lack of merger/acquisition activity on the scenario that a virtual appearing debt free company is unique in this day and age--and time has just crept up on them? As I indicated just a guess on my part!

Is any one aware of any contact names or a phone or e-mail number for the company? Has anyone spoken to a company representative?

Also , Milk, have you recently reviewed the following site?

techstocks.com

Best Wishes!

Wayne J.



To: Milk who wrote (6)9/17/1998 9:37:00 PM
From: Leonard Bertrand  Read Replies (1) | Respond to of 117
 
I have owned shares in this company since the days when it was developing products for the medical industry. They once had some promising products and the stock had some good movement. They never got out of the development stage as a company and then got out of the medical devices business . As for merging with another company, I wonder what would be the attraction of the company with only $130,000 or so in cash. Is the shell worth more than that to another company? The company was always pretty good about sending out information(annual reports) and seem to have been very upfront about their current situation.