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When ABMC spiked the first time from the PR in March about offering a rapid test it went from .06-.44 and came back down to .15-.18 area where it stayed and found a base im and around that area. We received FDA approval and it spiked from .25 area to .52 where we are forming another base in the high twenties to low thirties. We are much further along now shares are being accumulated and the next spike is going to be much higher. It’s been hard to be in this at times with the roller coaster but it’s stair stepping while building a new business of a much needed item around the world. Next leg up will be what we’ve all gotten in this play for. It’s coming fast this time, sells have been going on and deliveries are happening and revenues are being realized through GAAP which is what the company model goes off of. It’s coming it’s all in the DD here be patient
Updates are coming very quick. Company has market approval now and test kits are being delivered. We all saw how fast it went up on a little volume. I wouldn’t want to be chasing when it hits. Easy hold and adding on the small dips from here. Allgenericos is selling many and CEO has verified multiple times they’re crazy busy with much more than they can handle.
I know you just got here but I’m not going to keep going back on all the DD here. It’s all in the notes on here. But they did today and their two other distributors did
Ecuador, USA, Egypt, Panama, Germany, Spain, just for starters and their adding more
Absolutely they will be! Anyone who has done DD knows this is just the start of things. Small volume drove this up today and tiny sells closed it red the last hour. MM’s doing it for months now. Much more to come.
Many people will be looking for reentry now
The surgeon general agrees with you https://apple.news/AiAXCW4xOQQq1W2Zb6V1jhQ
Did the same thing yesterday and finished the day back at the high, dip being bought up
It takes awhile! It took ABM-C’ test 2 month and was just announced today
Been telling you all for weeks! ABMC 8k HUGE WALL STREET MONEY IN HERE
ITEM 7.01 REGULATION FD DISCLOSURE
On March 20, 2020, American Bio Medica Corporation (the “Company”) announced in a press release and Form 8-K that it was offering a COVID-19 Antibody Rapid Detection Kit to detect COVID-19 in whole blood, serum or plasma via finger stick. On May 29, 2020, the COVID-19 test being distributed by the Company was authorized by the United States Food and Drug Administration (FDA) under an Emergency Use Authorization (EUA) for use by authorized laboratories. The product, manufactured by Healgen Scientific, LLC, has been authorized only for the presence of IgM and IgG antibodies against SARS-CoV-2, not for any other viruses or pathogens. The product is intended for professional use and not for home use. The Company will continue to market the COVID-19 test in full compliance with FDA policy and the EUA.
The information in this Item 7.01 is furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section.
No dilution here is amazing and hard to find. ABMC is setting for a nice run
ABMC’s anti body distributor received FDA EAU approval and it’s up 37% today. Much more to come, selling millions to government and other countries.
Great day considering the bad timing of EAU approval and stop sign due to the financials. Much more to come but going to need some help from the company. Nice work everyone
ABMC
I would strongly suggest adding ABMC to that list. They’re selling millions of Covid antibody test kits worldwide and haven’t PR’d it yet. They sold 44K kits to Hillsborough county in FL back in April and LA state senate has test kits on preorder!
Their distributor partner Healgen/Orient Gene received EAU/FDA approval on Friday night and orient genes stock in China is up over 12% right now which is a lot imo over 1.2Billion.
35M OS
Estimated 16-20M float ABMC
https://www.fda.gov/media/138435/download
https://www.reuters.com/article/brief-zhejiang-orient-gene-biotech-says/brief-zhejiang-orient-gene-biotech-says-units-covid-19-rapid-test-cassette-receives-emergency-use-authorization-from-u-s-fda-idUSP8N2D801K
Beast mode about to kick in
ABMC gets a pass! https://www.sec.gov/news/press-release/2020-53
They are in the most affected area
Utah recorded its highest amount of cases today of 400 after being open for about 10 days
Damn! I have friends in Colombia and today they extended their Quarantine lockdown until end of August
It’s the guy that’s been complaining about Melissa the most
Let’s not forget the stocks who pre pumped were suspended and the others who were PR’ing numbers were pumping to sell shares and warrants and none of that needed here so far! I believe that the company has not pumped it yet due to the Kita not yet being delivered. And the ones that have been delivered still have to be administered then those tests have to be validated by a second opinion like the Hillsborough county tests. The Florida health department was required to do a second opinion so that all takes a while especially if the tests were on preorder and also held up in China. Orient gene I read has the ability to make 500,000 tests a day but there are still millions of other orders besides ABMC! I feel we are getting much closer to updates and realized revenue
Sorry you to that to heart about you and your DD because it wasn’t directed at you!!! I said people who haven’t added any DD, that’s not you
Yes sir that’s exactly what Allgenericos is portraying. It was in a newspaper, tv news and now the govt Facebook site is saying they have received 5000 kits to administer
It’s funny to me the people bitching about the CEO have literally not posted one hint of DD or added any value to this board in any positive way, nothing at all. Saying the stock is going to $2.00-2.50 if the ceo wasn’t incompetent is not DD! I wouldn’t mind if they were actually adding value to the board then said their negatives thoughts. Too bad
These tests came from ABMC and Allgenericos http://www.guaranda.gob.ec/newsiteCMT/llegan-a-guaranda-5-000-pruebas-rapidas-adquiridas-por-el-municipio-de-guaranda/
It says
This Friday, May 22, five thousand rapid coronavirus detection tests acquired by the Municipality of Guaranda arrived in the canton. This purchase is part of the Emergency Budgetary Item for the control and mitigation of Covid-19.
After passing all the control and approval processes of the World Health Organization and customs control of entry into the country, finally our canton and our people will have a tool to quickly detect Covid-19. This will allow us to combat the pandemic with scientific and accurate elements, "reported Medardo Chimbolema, mayor of Guaranda. This acquisition is part of the Emergency Budget Item that includes the purchase of medical supplies, food kits, protective equipment, among others, created with an amount of $ 891,094, of which 75,000 correspond to rapid tests. The 5,000 rapid tests for detection of Covid-19 will be delivered to the District Health Directorate to be later distributed to the epidemiological study points. Rapid tests will be administered according to the technical criteria of taking, this means: that the patient must be part of the epidemiological fence; present symptoms of Covid-19 and / or be part of the front line staff, "said Gustavo Camacho", District Director of Health 01D02.
#GuarandaPuebloSolidario
#Stay at home
https://www.facebook.com/MunicipioGuaranda/videos/cinco-mil-pruebas-r%C3%A1pidas-de-detecci%C3%B3n-de-covid-19-adquiridas-por-el-municipio-d/254431795869978/
https://www.facebook.com/allgenericos/videos/el-22-de-mayo-de-2020-hicimos-la-entrega-de-test-covid-iggigm-a-los-representant/927125064400458/
They said yesterday the tests they received was their 1st batch which to me that means others orders on on order and ha e not been received which is why again there’s no realized revenues yet which is why it hasn’t triggered a PR yet!
South America new hotspot! https://apple.news/AhU9EiwSGRmia9Ek5o8BP8w
Orient Gene isn’t EAU pending on that anymore and Healgen removes from the list. Coincidence I don’t know
There’s a much bigger need outside the US for these tests and less competition so if ABMC has been doing business internationally for over 20-30 years then one would think they have many small Allgenericos around assorted countries that they could partner with and let them piggy back on what they might be able to order through Orient! There’s not enough validated tests being made worldwide to supply what’s needed, huge waiting lists. I’m sure you can’t just order freely. Let’s see if ABMC is thinking outside the box on this one!
ABMC has the distributor partnership already set up, Allgenericos already using their drug testing kits and when ABMC PR’s they are offering a Covid test kits, now why would or how Allgenericos go around ABMC. The smart ones can figure out the business supply chain here. Allgenericos already verified from Orient to ABMC to them. I understand this may have not gone to NY before hitting Ecuador but that means nothing. If Allgenericos is really selling over 10 Million kits then I’m sure they have something set up at their office to complete the packaging. ABMC has a more than a few distributors that work for them and they use ABMC’s license and partnerships already.
Read! They order from ABMC no doubts about it!
Good afternoon,
I cannot comment on what has been posted, stated, etc by anyone other than the Company (this would amount to commenting on rumors as I believe I have already indicated ABMC does not do as part of our communications policy).
I can tell you that Allgenericos is a distributor of ABMC products and has been for a few years now.
ABMC will provide its investors and the general public with material updates either via press release or via periodic reports (including 8-Ks) filed with the SEC. As a public company, we are well aware of what our reporting requirements are and what constitutes (and triggers) a material event.
Stay well,
Melissa
Thank you,
Melissa A. Waterhouse
CEO & Director / American Bio Medica Corporation
(800) 227-1243 or (518) 758-8158, Extension 107
mdwaterhouse@abmc.com
Check us out at:
www.abmc.com
Our offices will be closed on Monday, May 25, 2020 in observance of Memorial Day; a day to thank and honor every patriot who shed their blood and paid the ultimate price for our country and what we stand for. We will resume normal business hours on Tuesday, May 26, 2020.
Your opinion matters to us. Let us know how we are doing at www.abmc.com/survey
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-----Original Message-----
Nice work
There’s 20 boxes I count
Allgenericos ships 1st batch https://www.instagram.com/p/CAdnUj6JazS/?igshid=jru0lzyyl05n
That’s why realized income has been delayed
Yes and look at the name on the bottom by ABMC
TúvRheinland
https://www.tuv.com/usa/en/lp/coronavirus/