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Well you probably did not read enough to understand their technology. They do not use WiFi like gogo. They use blue tooth and no company has that.
Really! Why? Can you please explain why this stock with this technology can not be $25.
I have another one with different technology that I think could be running same soon. IPTK
Curious what tells you that?
Yes it does.
Just saying
It could be $10 or $20 before even going to nasdaq. Check out FKWL. From 2 to 22
Oh man.
.80
Thx for posting this video. Appreciate it.
I think so
I’m sure of that. Eventually investors will find out.
I just have feeling this could go into dollar’s territory in heart beat.
Lol
Nice.
ADM Tronics Reports Second Quarter of Fiscal Year 2021 Results
November 16, 2020 - Northvale, NJ – ADM Tronics Unlimited, Inc. (OTCQB: ADMT), a technology-based developer and manufacturer of innovative technologies and products, announces results for its second fiscal quarter ended September 30, 2020 of Fiscal Year 2021.
ADM Tronics’ second fiscal quarter ended September 30, 2020 showed improvement in operational results as compared to the first fiscal quarter ended June 30, 2020 despite continued effects of the COVID-19 pandemic. Throughout the pandemic, ADMT implemented aggressive steps to minimize disruption of operations including securing Essential Manufacturer exemption from the statewide shutdown and encompassing CDC safety guidelines in ADMT’s operations. This allowed continued research, development and manufacturing operations throughout the period.
Revenues for the second fiscal quarter ended September 30, 2020 were $927,085 as compared to the first fiscal quarter ended June 30, 2020 of $569,093 an increase of approximately 63%.
“We are pleased to have achieved increased revenues for the second quarter as compared to our first fiscal quarter of fiscal year 202, although the effects of the pandemic continue to present challenges as many of our customers report reduced business activities,” stated Andre’ DiMino, President of ADM Tronics. “We continued the trend in growth of manufacturing revenues reported in our first fiscal quarter with $396,910 for the three months and $684,972 for the six months ended September 30, 2020 an increase of 41% and 57% respectively as compared to the same periods in the last fiscal year for our manufacturing segment. Chemical and engineering segment revenues were lower as compared to the same periods in fiscal year 2019 due to the effects of the pandemic on our customers. We continued to invest in our future by advancing research and development into our own proprietary medical technology developments, which we firmly believe will prove meaningful to our future growth and profits.”
Revenues for the three months ended September 30, 2020 were $927,085 as compared to $956,791 for the three months ended September 30, 2019, a decrease of 3% primarily due to reduced engineering and chemical segment revenues from the effects of the pandemic on customers, offset by increased manufacturing revenues. Income from operations for the second quarter was $5,366 as compared to loss of $43,748 for the same period last year.
Revenues for the six months ended September 30, 2020 were $1,496,178 as compared to $1,787,612 for the six months ended September 30, 2019, a decrease of 16%. Loss from operations for the second quarter was $178,504 as compared to income of $25,537 for the same period last year. The decrease in revenues was primarily from reduced engineering and chemical revenues during the first quarter of 2020 ended June 30, 2020 from the effects of the pandemic on customers, offset by an increase in manufacturing revenues for the period.
Very nice report yesterday
With the visibility into the Company’s operation management has in Q4/2020 the Company plans on uplisting to a senior exchange within the next 18 months and, at this time, and the Company does not plan on an artificial stock price increase, such as a reverse split. The current plan is to grow the company organically to the size and value required by the exchange. The company has filed to reserve a NASDAQ ticker – GBOX.
I agree. He’s not with company anymore
I wish it was me.
This may reach $1 today if volume comes
That I don’t know. I doubt. I think they want more
Clear way to dollar or more
Looks like mms are ready to move it higher.
Where do you see that information
This management sucks for sure.
They killed it with news. So stupid
Let’s see over .50 today
Yes. Nice volume and mostly buyers
Here we go..... 0.25 almost gone
Nice news
I’m not really sure.
Whoever had that million shares on ask was definitely reading this forum. Day after it was gone. I’m sure it’ll be back at some point
I see it happening for months now. I’m guessing impatient investors and market makers.
I think so as well but it maybe different. Little confusing.
Is it that iptk shareholders get i5% royalty after Asiq receives 95%.
I just can’t understand relationship between Asiq and iptk
Ok. That’s ok and I understand that but I still do not understand this post.
Post #235!
“Odd relationship? Am I correct that Insiders have an arms length company they sold through thereby earning 95% while shareholders with the actual IP get 5%?? Couldn't the entire deal been done via the public entity?
Just trying to understand better and as I'm just a layman maybe I'm misinterpreting something....”
I’m wondering why only in Indonesia company will receive 5% royalty and elsewhere is different? Can you please elaborate? Thank you!
You are welcome. I would still like to have all those things more clear in fillings. Ron seams nice guy. Will keep watching it.