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

To: Wink who wrote (3787)	4/26/1999 5:31:00 PM
From: J. Nelson	Respond to of 4650

Wink: Seems like the 10Q. Speaks of the total shares held in BIO-MODA. clears the air from some of the rumors IMO... BioModa is a biomedical development company. The Company's ownership of BioModa, as of March 31, 1999, was 21.93%. The Company holds options to increase this position to 26.4%. No immediate family members of officers or directors of Advanced Optics Electronics, Inc. are securities holders of BioModa. During the quarter ended March 31, 1999 $75,878 was spent for the purchase of equipment and product development costs. Funds for operation needs, product development and capital expenditures were provided from the sale of securities and cash reserves. Product development expenditures are expected to be approximately $200,000 in fiscal 1999. Management believes that sales of securities, cash reserves and contract revenue will provide adequate liquidity and capital resources to meet the anticipated development stage requirements through the third quarter of fiscal year 1999. At that time it is anticipated that sales of flat panel displays will begin and contribute to operating revenues. It is anticipated that these sales will provide the additional capital resources to fund the proportionately higher working capital requirements of production and sales initiatives. The Company currently has no other significant commitments for capital expenditures in 1999. ********************************************************************** full read is at sec.yahoo.com

To: Wink who wrote (3787)	4/26/1999 5:35:00 PM
From: JOHN WHITE	Respond to of 4650

HELLO Wink, Good summary of some ADOT financial things. As you probably know, ADOT was incorporated in Nevada. Nevada laws of incorporation allow a Nevada chartered corporation's Board of Directors to change the authorized numbers of shares at their discretion - without shareholder approval. In the past ADOT has been very frugal in issuing more shares from their authorized reserve which makes me think that raising the authorized number of shares was an essential and critical move to their success. But (IMO) in doing this they've insured a lower share pricing range until substantial, credible, information concerning the INSTALLATION of their first electronic "billboard" is released.....which apparently may be some time yet. John

To: Wink who wrote (3787)	4/26/1999 6:00:00 PM
From: BIGFRED	Read Replies (2) \| Respond to of 4650

Hi Wink: Thanks for taking the time to give us this summary. I am home sick and was sicker when I saw the number of authorized shares triple. ADOT sold their shares at about 5 cents. It seems like they did not take advantage of the run up to 19 cents or could not because they did not have anymore shares to sell. There burn out rate must be very high now. I see that your post was at 5:00 p.m. and ADOT bid was up by .002. Maybe ADOT is in stronger hands now?. Take Care Fred