Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JSB who wrote (2616)	1/31/1999 7:03:00 PM
From: blessed	Respond to of 4650

Hi Elio & JSB, Let me start off by saying I have no personal ax to grind with anyone on this thread. I stop by from time to time, to see if anything has come of adot. At one point, I held 136K shares of this company. I too believed the PR's they put out, as well as a few well informed posters on this thread. That was my biggest mistake....and believe me when I say, "It won't happen again". JSB, you asked to be brought up to date on adot. I believe Elio truly tried to help by searching out all the past PR's. But there is a lot more to adot than that. For the sake of those who may decide to buy into this company, after reading those PR's, let me present some of my past DD, and after that, I suggest each do his own. _____________________________________________________________________ To: RBaron (1996 ) From: blessed Friday, Oct 30 1998 3:08PM ET Reply # of 2616 Let's move on down memory lane a little. This is from their news release of 10/21/97. Advanced Optics Electronics, Inc, Secures $1 Million Financing Albuquerque, New Mexico, October 21, 1997: Advanced Optics Electronics, Inc. (OTC BB: ADOT) today announced that it has completed a $1 million financing in 8% convertible subordinated debentures with an 18 month restricted term. The financing was arranged with a non-U.S. investor. Proceeds will be used for working capital as well as the Company's pending acquisition of a space and information technologies development firm, as announced July 8, 1997. A Company spokesperson stated that additional corporate development activities are expected to be announced during the fourth quarter, including but not limited to the delivery of the Company's first flat-panel display by the end of 1997. The second display is slated for delivery in January 1998. The Company also stated that the $1 million financing will help ensure its ability to produce additional units You notice they said they had completed the financing. This would lead most reasonable people to believe that all the i's had been dotted, and the t's crossed, and the money is in the bank. Did this happen or was it just hype. I can't find anything put out by Adot to the contrary. I've been told by other investors, the acquisition of the Space and Information Technologies firm fell through. I can only assume this is true, since Adot did not inform the investors through the media as I would have thought appropriate to do. Or perhaps it was hype to begin with? I wonder what the other corporate development activities were. Hype? They go on to say that the 2 billboards will be delivered by January, 98. Just recently they announced that they were buying the equipment, adding additional staff, to begin production of the BBs'. I would think that this would have been done back in 97, if they truly intended to deliver the BBs' as promised. Do you suppose they didn't know back then, that they would need to do this in advance, in order to produce them. My guess is, that this too was hype. I find nothing put out by Adot by way of an explanation, as to why it didn't happen. Do you? JMHO of course. Blessed

To: JSB who wrote (2616)	1/31/1999 7:05:00 PM
From: blessed	Respond to of 4650

To: blessed (1999 ) From: blessed Monday, Nov 2 1998 7:40AM ET Reply # of 2616 Here we go again. - 1/6/98 NR - 1/6/98 Advanced Optics Electronics, Inc. (OTC-Bulletin Board: ADOT) has just acquired a substantial minority interest in Biomoda. Biomoda will give ADOT the first right of refusal to design, manufacture and distribute scanning testing devices for the lung cancer tests. Advanced Optics Electronics, Inc. is also continuing negotiations with the previously announced space and information technologies company. Negotiations with the previously announced space and information technologies company. Sounds very promising to me. I wonder if they are still in negotiations. I have not seen anything announced by adot to the contrary. Could it be they are using these fluff announcements to keep their present investors, and try to attract new ones? Looks that way to me. JMHO of course. Blessed

To: JSB who wrote (2616)	1/31/1999 7:06:00 PM
From: blessed	Respond to of 4650

To: blessed (2014 ) From: blessed Friday, Nov 6 1998 5:35AM ET Reply # of 2617 On down memory lane: NR - 1/26/98 NEGOTIATIONS WITH OPTICAL DATA COMPRESSION COMPANY January 26,1998. Albuquerque, New Mexico Advanced Optics Electronics, Inc. (ADOT) announced that preliminary discussions have begun with LITERAL CORP. for the acquisition of certain patents and a possible interest in LITERAL CORP. Literal Corp. holds numerous patents relating directly and indirectly to data transmission and compression for optically sensed and transmitted information. Another "lead them on" NR. Adot never mentioned this again after it was put out. Looks like they put out one of these fluff NR's, whenever they want to sell some stock. Perhaps the coffee fund was getting low. It gets even better, heres another: NR - 3/16/98 Advanced Optics Electronics also announced today, exciting news regarding their revolutionary flat panel display billboards. These billboards are capable of "television type" advertising and utilize Advanced Optics' patented technology. In addition to the current orders for two displays (totaling $1.7 million) which are in production, the Company has recently received requests for additional displays totaling $2.7 million. An Advanced Optics company spokesman had high praise for the rapid rate of progress at the Company. "Our aggressive business approach, in the areas of flat panel display production and the medical breakthroughs being made by Biomoda, could enable us to exceed our own high expectations." According to this, the first 2 boards were in production back in March. But wait,, didn't Adot just recently announce the hiring of additional personnel, and purchase of the equipment to begin production of the BB's? Something smells fishy here. Adot must have hired some of the employees I have had in the past. They moved so slow that the buzzards kept circling them. I'd sure like to know who this company spokesman is. Maybe when he was praising the rapid rate of progress with the company, he was talking about building up their bank account. He obviously wasn't referring to building the BB's. Am I beginning to see signs of a pattern developing here? Blessed

To: JSB who wrote (2616)	1/31/1999 7:08:00 PM
From: blessed	Respond to of 4650

To: blessed (2033 ) From: blessed Monday, Nov 9 1998 8:01PM ET Reply # of 2618 Its beginning to look more and more as if there is a pattern forming here. NR - 1/6/98 Advanced Optics Electronics, Inc. (OTC-Bulletin Board: ADOT) has just acquired a substantial minority interest in Biomoda. Biomoda will give ADOT the first right of refusal to design, manufacture and distribute scanning testing devices for the lung cancer tests. Advanced Optics Electronics, Inc. is also continuing negotiations with the previously announced space and information technologies company. Well, the negotiations apparently fell through, but we still have a chance with producing equipment for Biomoda. NR - 4/27/98 Advanced Optics Electronics, Inc. has retained first right of refusal to design, manufacture and distribute the necessary scanning testing devices for the lung cancer tests using Advanced Optics Electronics' proprietary display technology. Additionally, Advanced Optics Electronics is reviewing production capabilities in response to several recent inquiries from potential buyers of its flat panel displays. Advanced Optics is also currently considering requests from several companies desiring to license portions of its display technology. I haven't heard anymore about the several inquiries from potential buyers, I wonder what happened? Looks like if several companies want to license parts of its patented technology, this could become a source of much needed revenue. I guess selling shares is more profitable. At least we can count on manufacturing the detection equipment for Biomoda. That in itself, should keep the company busy and profitable. NR - 6/8/98 Advanced Optics Electronics, Inc. has retained first right of refusal to design, manufacture and distribute the necessary scanning testing devices for the lung cancer test using Advanced Optics Electronics, Inc. proprietary display technology. Since the BB's are 6 months past due they must have run into a problem,,, but thats OK. They'll get it worked out soon, and besides, with Biomoda's technology needed so badly, they alone will undoubtedly keep ADOT so busy manufacturing their equipment, that they may have to open another plant to keep up. Not to worry. To: dexx (1349 ) From: Thomas Clawson (Trial Member) 7/22/98 I decided to make one last post. I received this from Biomoda's CEO yesterday afternoon. Dear Mr. Clawson, Thank you for sending me the ADOT news releases. Of course, you understand that we assume no responsibility for ADOT's news releases or any other actions on their part. They are merely an investor in BioModa and no one from that company is an officer or director of BioModa. Most of what Mr. Robins says in his releases is true. Some of it is gilding the lily a bit or over exageration. Some of it is speculation which could be true at some point. The two outright fabrications are: ADOT does not currently own 27% od BioModa. They also do not have first right of refusal or any other kind of deal to manufacture or distribute anything for BioModa. Sincerely Ari Ma'ayan President/CEO BioModa, Inc. Fabrications,,,Ohhhh Sh*#!! Blessed

To: JSB who wrote (2616)	1/31/1999 7:10:00 PM
From: blessed	Respond to of 4650

To: Earl Falwell (2053 ) From: blessed Tuesday, Nov 10 1998 7:04AM ET Reply # of 2620 Oct. 28 press release states ADOT owns 22.8 % of Biomoda, not 27%. Thats my point Earl, Here are excerpts of their past news releases. A bit misleading aren't they? NR 6-11-98 Advanced Optics Electronics, Inc. (OTC BB: ADOT - news) is a developer of patented electronic display technology, utilizing ADOT's proprietary SLM (Spatial Light Modulator) light valve. This industry-leading technology can be utilized in many diverse fields including the production of "television quality" advertising billboards, medical testing equipment, military displays, computer monitors and high definition video transmission. Advanced Optics Electronics actively seeks partnerships with companies in fields that could benefit from ADOT's patented technology. ADOT also owns in excess of 27% of Biomoda, Inc., an emerging biotechnology company specializing in breakthrough cancer diagnostics and therapy. Advanced Optics Electronics, Inc. has retained first right of refusal to design, manufacture and distribute the necessary scanning testing devices for the lung cancer tests using Advanced Optics Electronics' proprietary display technology. NR 7-1-98 Advanced Optics Electronics, Inc. (OTC BB:ADOT - news) is a developer of patented electronic display technology, utilizing ADOT's proprietary Spatial Light Modulator light valve. This industry-leading technology can be utilized in the production of "television quality" advertising billboards, medical testing equipment, military displays, computer monitors and high definition video transmission to name a few. Advanced Optics Electronics actively seeks partnerships with companies in fields that could benefit from ADOT's technology. ADOT also owns over 27% of BioModa, Inc., an emerging biotechnology company specializing in breakthrough cancer diagnostics and therapy. Advanced Optics can also design, manufacture and distribute the scanning devices for the lung cancer tests using Advanced Optics Electronics' proprietary display technology NR ALBUQUERQUE, N.M.--(BUSINESS WIRE)--July 15, 1998--Advanced Optics Electronics, Inc. (OTC BB: ADOT) today announced significant developments regarding Biomoda, Inc., a biotechnology company in which Advanced Optics has approximately 27% ownership. ------------------------------------------------------------------ If ADOT had an arrangement with Biomada the CEO would not disclose it. Thats possible. But you will note, he called it a fabrication and I believe we all know what that means. If Biomoda goes public with an IPO ADOT would benefit greatly and to what degree would depend on the shares out/float. This is true. But we have two things against us here. Biomoda is not planning an IPO until late next year at the earliest. Meanwhile, adot has been selling shares and increasing the float. Best wishes, Blessed

To: JSB who wrote (2616)	1/31/1999 7:11:00 PM
From: blessed	Read Replies (1) \| Respond to of 4650

To: blessed (2051 ) From: blessed Wednesday, Nov 18 1998 8:11PM ET Reply # of 2620 Let's share some DD. From Adot's Notes to 1996 Financial Statements - Note D Contingencies and Commitments. The corporation has entered a contract to produce flat panel displays. The amount of the contract is $ 1.7 million dollars. THe contract was entered into as of January 3, 1997. Management estimates that the contract will be completed by July of 1998. This is good! From Adot's 10-SB, Page 3 In October 1997, Advanced Optics Electronics, Inc. executed a contract to supply large-scale display panels to a customer for approximately $1,700,000. The contract is anticipated to be complete by December 1998. Wait a minute,,, has the company got another contract? Must have,, the first was entered Jan., 97, and is going to be completed in July, 98. This ones entered into in Oct., 97, and will be completed in Dec., 98. Great news, man they're really pumping them out. From Adot's 10-SB - Notes to financial statements, Page FS 6 The Company has entered a contract to produce flat panel displays for an outdoor advertising billboard. The amount of the contract is for $ 1.7 million dollars. Management estimates that the contract will be completed by November of 1998. Wow!! Another one. This ones going to be finished in Nov., 98. Lets see now, one in July, one in Nov, one in Dec, thats 3 billboards @ 1.7M each, 5.1M total, all in 98. We're going to have a great year. Again from Page FS 6 Advanced Optics Electronics, Inc. prepares its financial statements in accordance with generally accepted accounting principles which requires that management make estimates and assumptions that affect the reported amounts. Actual results could differ from those estimates. That sure gives you a warm fuzzy feeling,,doesn't it? NR - 6/11/98 Albuquerque, NM (BUSINESS WIRE June 11, 1998) Advanced Optics Electronics, Inc. today announced that management has begun a buy-back program of the Company's shares on the open market. Advanced Optics' management believes that the Company's shares are currently undervalued and that a buy-back of shares at current market prices represents an opportunity for the Company to benefit itself and ADOT shareholders. Advanced Optics plans to retire all repurchased shares, thus bringing an increase in earnings and book value to the Company. The Company will continue its buy-back program for as long as management feels its shares are underpriced. Advanced Optics will regularly update its Web site, www.adot.org with information pertinent to this buyback program. This is terrific. Share price is currently @.22, investment in Biomoda as well, apparently 3 billboards sold and soon to be delivered. The company is going to buy back some of the float and retire it, because it feels its undervalued. And, they're going to continue the buyback as long as its this low,,,Wow, that means this stock has to increase in value. This should be a great time to buy more. What more could one expect of a company. Blessed