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


To: thomas a. burke who wrote (1926)10/26/1998 6:16:00 PM
From: JOHN WHITE  Read Replies (3) | Respond to of 4650
 
Hi Thomas and all, With the filing of their 10SB ADOT announced on July 1 of this year that they had become a "fully reporting company".

John



To: thomas a. burke who wrote (1926)10/26/1998 7:39:00 PM
From: Leroyt  Respond to of 4650
 
Tom B.,

I do believe Form 10Q is required to become FULLY REPORTING. I think the 10SB form is just part of the initial registration with the SEC for becoming a public company.

I found reference to the filing at the following site:

stocksite.com

but I don't think there is much significance to it.

I TAKE THAT BACK!! Just made a brief review of the document. I'll take a look and talk to my legal counsel.

edgar-online.com

Why is this NOT a form 10Q. Anyone?

later, leroyt



To: thomas a. burke who wrote (1926)10/26/1998 11:19:00 PM
From: blessed  Read Replies (3) | Respond to of 4650
 
For the past several months there has been tremendous speculation about the advantages of adot owning biomoda stock. On Mar. 31, 1998, adot reported as income, a unrealized gain on shares of biomoda stock of $200,020.00. This on an investment of $35,191.00. The total valuation they reported was $235,211.00. This sounds terrific, but, is it realistic? Who valued the stock at that price. The accountant who made up the financials makes clear that the statements are the responsibility of adot's management. Thats a reassuring thought.

So now, adot owns 22.8% of biomoda. What happens when biomoda increases its outstanding. Biomoda states it needs 8-10M to get it through 99, and a like amount to get it through 2000. Do we believe this will come without increasing the outstanding shares? How long is adot going to continue to increase their outstanding?

If I had 10K shares of biomoda right now, what would they be worth? Who would buy them?

While I wish biomoda nothing but success, it is a start up company itself, subject to all the problems of a company with great dreams, and a small bank account.

Finally, adot, where is the 10Q? What are you trying to hide?

JMHO of course.

Blessed