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When the stop sign was up a few months ago for two days because ABMC didn’t 8K with their sec filing about being late due to the Covid they filed the proper 8K for the extension and the stop sign was off the next day! It’s very fast
Melissa said in an email that’s posted on this board that ABMC follows the rules of GAAP which are accounting rules where revenue is booked after receiving payment! ABMC asks for half payment up front the rest once the kits are delivered. The kits take 2-3 weeks for delivery which is posted on the web from ABMC directly and indirectly! They just announced they were offering the antibody kits end of March and then right after that China put a hold on all outgoing testing devices until they were cleared which took over 3 weeks. In that short amount of time they fully delivered and realized over 1M in sales for GAAP this is very very good news and this is blowing up the companies sales and revenues! We all know the financials for 2019 and 1st quarter before Covid started. We all are here for future revenues in what’s going on. This is going much much higher. 43% Margins in that short amount of time. The two distributors in Ecuador are barely just getting all their kits delivered and the Covid is just getting over there and exploding! Our distributors alone have claimed over 10 Million in orders! And this is all before we got FDA approval. This is huge ignore 2019 and the first months of 2020
All your posts have been very uneducated down to asking when wee will see a PR, just saying
The initiative is intended to develop and deliver 500 million COVID-19 tests and 245 million courses of new treatment for the disease to low- and middle-income countries by mid-2021, it said in a statement.
I found this article for you: - https://www.investing.com/news/coronavirus/wholed-coalition-needs-313-billion-to-fight-covid19-2213428
Bidwhackers galore around here, people can’t sell fast enough the last 3-4 days. Craziness with the outlook of what’s going on as a whole!
Let this sink in! The United States recorded an all-time daily high of 40,000 coronavirus infections on Thursday, figures from Johns Hopkins University (JHU) show
https://www.bbc.com/news/world-us-canada-53191287
ABMC just barely started to offer the antibody tests and it’s test just barely received full FDA approval and almost has a 98% overall rating with 100% for antigens. Not to mention it rarely takes over 2 minutes and is very cheap. I know many people that have paid $60 to $160 in the last 2 weeks for an antibody test where they had to give a whole vile of blood. ABMC right place right time
Greg Abbott orders Texas bars to close again and restaurants to reduce to 50% occupancy as coronavirus spreads https://apple.news/A1RctX7PoS3OCmmmt9tAXrw
Texas was the first to open up and now closing back down due to the robust (ABMC sales) spreading of the virus and huge spike in hospitalizations. ABMC is a longer investment boys and girls don’t let’s the daily fool you. We’re still up big for the week and months behind us and this is only the beginning. ABMC up from .05 since end of MARCH. Think Bigger and get the OTC out of your head, this is much bigger than you’re use to
Lol you’ve been saying sell at .20 but honestly who in their right mind would takes somebody’s advice that has a post history of coming and going and only owned 1500 shares that’s like an allowance type money that your parents give you.
Softbank a multinational conglomerate company headquartered in Tokyo, Japan tested 38,216 for their employees, family members, and clients. They consulted with their infectious-disease experts and settled on kits from two Chinese manufacturers, Innovita and Orient Gene.
Softbank a multinational conglomerate company headquartered in Tokyo, Japan tested 38,216 for their employees, family members, and clients. They consulted with their infectious-disease experts and settled on kits from two Chinese manufacturers, Innovita and Orient Gene.
— Healgen Scientific (@HealgenSci) June 25, 2020
And here comes the shorting
It’s because they filed their yearly late due to Covid so there’s a stop sign up. The company has completed everything on their end and just waiting on the auditors to sign off on it. They did get a pass from the SEC which takes all the worry about it https://www.sec.gov/news/press-release/2020-53
https://www.sec.gov/news/press-release/2020-53
They have a Pass, they have never been a late filer and they have done all the correct 8Ks explaining why they’re late.
SEC PR about late filing if in a Covid area, I think NY qualifies https://www.sec.gov/news/press-release/2020-53
No Gaps created today$$$
They have a pass from the SEC because theyre in a Covid area! ABMC has never been a late filer please do some DD before you post warnings
We’re on track to hit 10,000,000 corona cases worldwide next week
Sad! Brazil registers 42,725 new cases of coronavirus 1185 deaths in the last 24 hours, I found this article for you: - https://www.investing.com/news/coronavirus/brazil-registers-42725-new-cases-of-coronavirus-1185-deaths-2211597
Stock-market investors are suddenly spooked by rapidly rising coronavirus cases in the U.S. Here’s why https://www.marketwatch.com/story/stock-market-investors-are-suddenly-spooked-by-rapidly-rising-coronavirus-cases-in-the-us-heres-why-2020-06-24
Covid stocks will still go up
Why does it feel like the perfect storm brewing right now with ABMC! Coronavirus going to new heights right when ABMC has everything together while selling millions of tests the past few months. About to go boom goes the dynamite
California reports more than 7,000 coronavirus cases, biggest daily jump so far https://www.cnbc.com/2020/06/24/california-reports-more-than-7000-coronavirus-cases-biggest-daily-jump-so-far.html
New coronavirus cases in the U.S. soar to highest single-day total https://www.washingtonpost.com/nation/2020/06/24/coronavirus-live-updates-us/
Texas Governor Says ‘Massive’ Virus Outbreak Sweeping the State
https://www.bloomberg.com/news/articles/2020-06-24/houston-on-pace-to-exceed-intensive-care-capacity-by-tomorrow
I agree and I don’t want it
I hate to say this but gapper tomorrow
I was her defender and she doesn’t even know it lol. I’ve been spreading the word everywhere on chat rooms and private messages, it’s been a lot of work but I knew this was an investment and not a trade
ABMC was Nasdaq for many years but when we couldn’t stay above $1.00 we lost that however the company stayed SEC reporting the same which in my opinion is perfect now with what they have going on and will be able to return to Nasdaq
Just another reason why Melissa has been so tight lipped, she has millionaires /billionaires monies wrapped up in this
I did, it took a month to get going cuz the company is super tight on filings and PRs cuz it’s Covid antibody stock but they have FDA approval now and several govt contracts and selling millions with a tiny float and 0 dilution. Best part is no announcements yet we keep finding DD
Run about to start imo they use to be on Nasdaq and have always stayed sec reporting
ABMC Stuart Sternberg owner of Tampa Bay Rays; invested 7% shares of ABMC SC 13G just out ! https://www.otcmarkets.com/filing/html?id=14235944&guid=hp4FUWTpsQoDT3h Stuart L. Sternberg is a Wall Street investor. He is the principal shareholder of the ownership group that owns the Tampa Bay Rays, and has acted as the team's Managing General Partner since November 2005.
ABMC Stuart Sternberg owner of Tampa Bay Rays; invested 7% shares of ABMC SC 13G just out ! https://www.otcmarkets.com/filing/html?id=14235944&guid=hp4FUWTpsQoDT3h Stuart L. Sternberg is a Wall Street investor. He is the principal shareholder of the ownership group that owns the Tampa Bay Rays, and has acted as the team's Managing General Partner since November 2005.
ABMC Stuart Sternberg owner of Tampa Bay Rays; invested 7% shares of ABMC SC 13G just out ! https://www.otcmarkets.com/filing/html?id=14235944&guid=hp4FUWTpsQoDT3h Stuart L. Sternberg is a Wall Street investor. He is the principal shareholder of the ownership group that owns the Tampa Bay Rays, and has acted as the team's Managing General Partner since November 2005.
Stuart Sternberg owner of Tampa Bay Rays; invested 7% shares of ABMC SC 13G just out ! https://www.otcmarkets.com/filing/html?id=14235944&guid=hp4FUWTpsQoDT3h
Stuart L. Sternberg is a Wall Street investor. He is the principal shareholder of the ownership group that owns the Tampa Bay Rays, and has acted as the team's Managing General Partner since November 2005.
Nice work everyone
7M or 7%
ABMC Woohoo https://www.otcmarkets.com/filing/html?id=14235944&guid=Ra4FUFOBnUWJA3h AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON - 2,428,671 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW - 7.4% based on 32,680,984 outstanding shares reported on the issuer’s 10-Q filed with the SEC for the quarterly period ended September 30, 2019 ABMC $$$
Not sure if you guys have been following but not only is the SEC suspending companies for false Covid claims but they’re going after them in federal court as well. This is no joke and I actually feel much better sleeping at night having this much money in an OTC stock again. ABMC moving on up
Experts identify steps to expand and improve antibody tests in COVID-19 response https://www.nih.gov/news-events/news-releases/experts-identify-steps-expand-improve-antibody-tests-covid-19-response
California Breaks Record For New Daily Coronavirus Cases, Hospitalizations Surge https://deadline.com/2020/06/california-breaks-record-new-daily-coronavirus-cases-hospitalizations-1202968134/
5,489 New COVID-19 Cases: Texas Reports All-Time Daily High https://www.npr.org/sections/coronavirus-live-updates/2020/06/23/882504575/5-489-new-covid-19-cases-texas-reports-new-all-time-daily-high