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


To: dollarone who wrote (2679)4/23/1999 7:31:00 PM
From: Dan A.  Read Replies (1) | Respond to of 2887
 
ABMI could not have said ALL obligations in its release.

My understanding is that the Company is "obliged" to pay $200,000 in the future IF AND ONLY IF the Omni-Filter patent is sold. If the company retains the product and develops it in-house, there is no obligation to pay anything.

-Dan A.