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


To: J. Nelson who wrote (3791)4/26/1999 7:22:00 PM
From: BIGFRED  Read Replies (1) | Respond to of 4650
 
Hi :

Nobody sold below 7 cents today even though the bid was .065.
I am sure some short term investors will unload soon as SEAN S. just did.

BB stock can raise 1 million dollar per year without having to go through regulatory papers. So, they almost can sell about 15 million shares given today's price or 20 million shares at their 5 cents discounted price in the first quarter.

As for Biomoda, ADOT'S option to increase their holding expired.
Adot stated that they would be selling Biomoda's shares this year. I am sure that it was their plan to sell on an IPO by Biomoda. Since the latter is not progressing toward an IPO I am sure ADOT is stuck with these unmarketable shares. A blessing ? as these shares could be very valuable some day?.

Fred