Last time we went current, we went up .40+. Expect the same to happen this time, but we’ll get dragged down again if the Q2 numbers are late.

If Melissa has PR up her sleeve, I hope she holds it until we retrace a bit. Would love some PR when this is above $1.

Yeah, she reported this a few months back. Has to do with inventory accounting/GAAP. Frustrating, but understandable.

Yeah, I got really excited a few months back when they said a merger was imminent. Then I started realizing that none of those details were on their site and tons were complaining about the fake postings.

StockWatch isn’t a reliable source unfortunately. They post a bunch of crap to lure you into their website.

I’m confused on something. So ABMC said they had shipment delays from China. Do we think healgen has those delays before they came to us or are we ordering directly from China?

I am. Who isn’t here?

They get sent out once a year to shareholders

Proxy. We prob don’t have enough pull though.

Like who?

I’m not disagreeing with you there, but if we get a spike off of PR and Stu is able to sell, I don’t think he’s waiting until February to establish long-term gains, personally.

We have no clue where this stock is going to be 6 months from now

I’m not saying he sold because I don’t think he did (still getting conflicting answers of if he can sell before the 6 month mark), but worth noting that he would’ve turned a 170k investment into 3+ mil if he sold when we hit our 52 week high.

Let’s hope

I don’t think she’s a moron; I think she’s in over her head and afraid of her own shadow.

I don’t think there will be dumping. I think we’ll retrace back to a dollar. Happened last time we went current.

I’m not saying it does, but if you follow all of her emails, she’s way too conservative to release PR if the firm is not current.

Silver lining is that we're current so she could drop PR if something is PR worthy and not have to worry about the SEC. The question is, will she?

Sorry, so to clarify though, they did 100k in revenue in about 5 weeks; right? I know they have additional sales/logistical issues, but that’s a drastic drop off from May to June and then June to July.

Sorry, so let me clarify; they’ve done 100k in revenue in 5 weeks given that revenue is recognized when a product is shipped/received. Right?

Tell me what I’m missing here, Andre? What’s the difference between doing 1 mil in sales up until the end of June and then a total shipment since May of 1.1 mil. Am I missing something here?

What am I missing then though?

This isn’t about selling. This is about facing reality. 100k in sales in 5 weeks. That’s not good. That’s the reality. I’m at a cheap enough PPS where I don’t need to sell, but as a group, we need to be seriously alarmed by that.

What are you talking about? It clearly states they’ve shipped 1.12 mil to do and as of June 26th, they had a little over 1 mil. That’s only 100k in sales in 5 weeks.

Ok, I’m not crazy then. I don’t get wtf is going on there. Something doesn’t seem right.

Is she saying they only did about 100k in sales in a month????!!!???


The First Quarter 2020 did not include any revenues from the sale of Covid-19 rapid antibody tests. Although we were able to generate prepaid, pre-sales of the Covid-19 tests late in the First Quarter 2020, we did not start shipping products and generate revenue until May 2020. Prior to May 2020, there were a number of regulatory events that resulted in an inability to get the supply of products from the manufacturing plant in China. Once those events were addressed, we were able to receive product and ship orders to customers. As of the date of this report, we have shipped $1,126,000 in products to customers and there are additional orders pending from customers.

That’ll help us retrace, but it’s not taking us to where we should be.

Relax on what? Lol. She hasn't dropped any useful PR in over four months now. I'm not complaining about where the share price is given where it started, but any other CEO would have us way beyond these pricepoints.

This is what they're referencing:

https://www.bignewsnetwork.com/news/265956497/abmc-reports-first-quarter-2020-results

That's absolutely useless. Why waste an 8-K on that?

Right, where's the logic? She's WAY too conservative here.

We already knew that

Am I missing something? Did they just release an 8-k that said absolutely nothing of value?

I agree. Mentioned it yesterday, but after she said they were finalizing it, that became my best guess.

Chuck Kaiser

https://www.hudsonvalley360.com/news/publicservicenews/columbia-county-plans-antibody-testing/article_9caed57a-03ce-553e-b373-238677221e80.html

Contract with our government?

It’s hard to relay over words. I read it as “Up to this point, if we had a distribution deal with allgenericos, I would’ve put out an 8-k”. I was saying that it’d be bizarre if they didn’t though, so basically I’m saying that one of three things is going on:

1) She’ll put out that 8-K shortly when she drops the Q and couldn’t tell you about it over email
2) They’re still figuring out terms while allgenericos is placing orders
3) There’s no distribution deal, which would be bizarre IMO

Because she’s saying that something like that she’d have to report on an 8-K, which they’ve never done. Unless allgenericos is placing orders, but doesn’t have an actual distribution deal. That’d be bizarre though IMO.

I think she’s saying that they’ve never filed an 8-K regarding a distribution deal.

It won’t unless that ridiculous wall at .75 comes down