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

To: Stephen Goldfarb who wrote (3844)5/3/1999 10:56:00 PM
From: NY_Know  Read Replies (2) | Respond to of 4650
 
I was checking old info on ADOT and found a statement from the company from 1997 that projected net revenues in 1998 to be over 1 million. They realized a loss......

I do see a future for this company, but I dont think we are going to see quick results.

Give this one some time, and you will have a winner.

NY_Know



To: Stephen Goldfarb who wrote (3844)5/4/1999 8:31:00 AM
From: Wink  Read Replies (2) | Respond to of 4650
 
<<An estimated total loss of approximately $23,000 in the first unit has been recognized as of December 31, 1998. The company's estimated loss to complete as of December 31, 1998 is $580,000, which it expects to fund with cash, billings on the contract, and additional capital. >>

This statement is a little confusing? My take is that it expects to lose $580,000 on the first "contract" (2 BB's) not just the first "billboard". Any others? ;>)


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