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BIAD....... My Red Headed stepchild....Lol.
I think this is your answers, Tom Barr acquired Wocu for nominal consideration. "As at September 30, 2016, there were no commercial agreements in place, and no revenues had been generated by WL. Given the Company's limited resources, it is unlikely that the Company can support WL operations going forward, as a contractor to WL vital to its technical operation has indicated it is not willing to continue to provide its services at the current much reduced rate of payment and accordingly further investment will be required to support WL. The Company's default option is to shut down WL. The Company is considering any option that might preserve any value in WL and is considering an offer from the contractor and our CEO, Mr Thomas Barr, to purchase the Company's shares in WL in exchange for nominal consideration and a future payment contingent on the future success of WL, if any."
It seems strange to me that all of the shares in Wocu Ltd, which Tom Barr says on the Bio-AMD website is a subsidiary, have now been transferred into his personal name.
Does anyone know what is going on?
No one knows about this company. And I do believe there is some value here, but again very very slowly. Why file a patent application if they think there is value to the tech.
If things were perceived as moving forward there would be trading yet no one is buying shares at these very low prices.
Everything looks to be on track, very very very slowly. MML submitted a patent application for their new detection method. Aggregate amount of payments remain the same, but apparently they are spending less than anticipated so "fully" funded as of now.
You think they still get this deal done?
-BPP-
Looks like to me. Only about $12k, but still.
Is that a buy I see this morning?
$BIAD
Slow move up continues. Will hopefully see $0.05 after the 1st week of January.
IP alone is worth multiples of that. Just need a partner deal on COAG or real progress with MIDS and we are there.
Company should be able to limp along on MIDS Partner payments until then.
CEO choosing not to dilute shareholders. Class move.
Good luck all longs
DK
This maybe the start of our anticipated slow climb into low teens by Jan 31.
You got your $.03.
Let's see if it holds ...
They're running on fumes. But the milestone cash infusions from Partner should keep them alive until MIDS or COAG deal develops.
But until then (especially during tax loss selling) share price crap shoot.
Thought you might have had something more concrete
Based on what exactly?
Sure hope so. glta
Looking for $.05+ over the next couple of months.
Agreed. Seems that Jan 31, 2017 is the new key date since 3 major payments are to be paid after. Wonder what the outside the scope testing/enhancements and if they are positioning to license or sell MIDS or the Company before or after that.
They amended the terms...deal still on though...on watch.
Can we get a little follow-through today? That certainly would be sweet.
Based on recent 10-Q filed "The Partner has prospectively agreed to fund a Phase 2 development of our MIDS" This means more payments may be forthcoming after Phase 1 payments end end of Q1 2017 (March)
Current cost reduction measures by Tom Barr allow slower operations burn and within budget restrictions of phase 1 payments.
Thank you Tom for cutting costs and not diluting shareholders.
Only takes one interested Partner in COAG and this is back to $.07-$.10. More depending on nature of deal.
Good luck patient longs
DK
Agreed. Maybe worth an additional position at these prices. I'm considering. The cash on hand plus what was paid in October, should last them through Q1 2017, at which point I hope they have progress.
.02 up 81.82% with ask now at .0379 w a 141 K share bid @.02. Somebody is loading a few shares today
A little move today? anything is better than nothing!
Well I have 98,838 shares at .24, so I hope someone likes it :)
Someone still believes in this stock (or at least MIDS). From the latest 10-Q, (a) On October 28, 2016 and November 2, 2016, the Company received further payments of $30,000 and $110,000, respectively, from the Partner in relation to the Phase 1 Payments pursuant to the Agreement.
(b) On November 14, 2016, the Company issued 7,600,000 cashless warrants with “piggy-back” registration rights to the Chief Executive Officer and Chief Financial Officer of the Company with an exercise price of $0.07 per warrant with an expiration date of November 14, 2023, of which 4,100,000 warrants are vested immediately and 3,500,000 warrants will vest upon the first commercial sales of any MIDS-based products.
I like the exercise price of $0.07 on the warrants even though it's a hope and a dream at this point.
Wasn't a lot of dollars traded yesterday, but it was a LOT of volume for this stock...more than 10X normal as of yesterday. Really upped the average volume. Now we have today and I don't see that a share has traded so far. Strange duck!
Perhaps someone knows something, or is just a gambler..... bottom line is only $8300 dollars traded today. volume always proceeds price so hoping for the best here
Possibly so, but somebody was sitting there buying those shares. Closed flat on HUGE volume
Looks like it was 2 to 1 sells over buys.....I'm sure someone lost a load of cash.
http://ih.advfn.com/stock-market/USOTC/bio-amd-inc-qb-BIAD/trades
If it were me I'd wait until the end of December.....you just never know with penny stocks. could be a huge surprise coming "not optimistic" but just saying....
597,000 share volume today. HUGE volume for BIAD !
482,000 Volume so far today as of now
Market cap of $482K is ridiculously cheap. Ridiculously. Have working capital from development partner to last thru Spring 2017 giving them time to further develop MIDS.
MIDS has huge potential. Huge. COAG just as. Prototype POC heart attack detection device in the works per August company update. What is value of first to market on demand heart attack detection in $1.2B industry?
Any news of positive MIDS device progress and this is back to a $5M market cap company. With MIDS senior partner we trend to $20M+.
Amazing how low this have gone considering the low volume. This is gonna bounce hard! I'll be surprised if this goes in the sub penny territory.
That's the way I see it......should have sold @ 25 cents, guess I was being greedy......Lol.
.0121...May just have to declare them worthless with our broker come December if something doesn't happen.
Haven't sold any shares of BIAD.... If I did It would be in December.
Didn't you have one of the biggest stash of shares on this stock and didn't recently you say you would be selling off for tax-loss deductions? Some of us will wait til you're finished selling and pick up shares on the cheap in hopes that maybe some time over the next 6-12 months BIAD will pick up another partner or have some news that may bring this back up to the 5-10 cent range.
Management should be proud of their achievements here.....
.015 LOD close. May not have to wait til the end of the year for sub-penny.
If the bid gets hit today it won't be far from it.
Wouldn't surprise me to see BIAD at sub-penny levels before end of year.management totally failed to deliver here.
Somebody laid out 5 bucks to get into this today.
Start of a major run?
$BIAD
Well if this is capitulation.. took the opportunity to double down last few days.
workable average now to go green on any news. maybe turns to nothing or even worse .001
I'll be using BIAD to offset tax Gaines this year I'm sure
Yah, I wish I would have ran away at least by the end of last year, even though I was upside down then too. Just hopin for a miracle here I guess.
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Share Structure
Market Value1 $4,879,856 a/o March 28,2013
Shares Outstanding 44,525,966 a/o March 18, 2013
Float 37,000,000 of which 15,000,000 are paper certs.
Authorized Shares 500,000,000
Action Stock Transfer Corporation
2469 E. Fort Union Blvd., Suite 214
Salt Lake City, UT 84121
Note: This is a non dilutive company!!! The share structure has been unchanged for the past 3 years.
Contact details
Bio-Alternative Medical Devices Ltd
Daresbury Science & Innovation Campus
Daresbury Innovation Centre
Keckwick Lane
Daresbury
Cheshire
WA4 4FS United Kingdom
Tel: +44 (0) 1925 606 471
Fax: +44 (0) 1925 606 475
Web site: http://www.bioamd.com
Daily Chart:BIAD
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