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What assets? Cadwell owns huge amount of common stock as do all insiders. If it went BK he/they would be the biggest losers. Same holds true for a reverse split. The only assets to pay note holders are shares of common stock. Cadwell sees something worth investing in every month. Time will tell.
Its possible but I don't see it happening soon if at all. Why would Cadwell continue to fund the company every month if BK was going to happen? Besides insiders own a great many shares in this that would be wiped out along with all other common stock shareholders. This thing could stay in limbo for months before anything happened.
Zero revenue and growing debt with many convertible nots coming due is not a combination that can last long. If major positive news doesn't happen real soon this is a bankruptcy. Can't have a quarterly financial much worse than that.
Are you Katzaturd posting under yet another name? This garbage company hasn't produced anything of any value in 9 years. All it does is rack up more and more debt and dump more and more shares on the market. Note holders know how worthless this stock is and thats why they sell for anything they can get. Its a scam at worst and a total failure at best.
It's at 0.0008 fool! Its worthless junk for morons.
Read post history of paid pumpers. Agenda? What kind of a brainless twit would pump this garbage?
I doubt it will be around that long. Once it finishes dumping the 2 billion shares this will fold. Radiogel is worthless junk that nobody wants. Company is an empty shell squeezing out every penny it can get before going bankrupt.
Note holders are busy dumping today! This garbage is worthless. Its not worth the cost of printing a share.
ADMD is worthless junk for morons. Some never learn.
What major companies are "involved" with AMIC? Battelle took shares or nothing to pay off debt. This is worthless junk for idiots.
ADMD is worthless junk for morons. Note holders are willing to take a fraction of a penny on the dollar and dump this junk.
As you pointed out, they haven't bought in six months. Any purchases would have to be declared. On the other hand they haven't sold any either. Note holders are the ones selling.
Expect large amounts of shares to get dumped over the next few weeks. It will take some time to unload 1.5 billion shares. Watch volume pick up in the afternoon when west coast note holders sell this for a fraction of a penny on the dollar.
It has been sitting without any progress for almost a year. What makes you think Battelle or any one else wants to fund this? What are they waiting for? Battelle simply took shares because ADMD could not pay its debts to them any way else. Don't you think if this was worth anything Battelle would have found a much stronger partner?
Getting a new medical devise approved by FDA and into production costs far more then this company can hope for. They can't even raise the $250,000 needed to resubmit the application. Why do you think note holders are selling for a fraction of a penny on the dollar? They know far more than you and they don't think its going anyplace but bankrupt.
Most note holders are not insiders and do not have to report . In order to resubmit to FDA AMIC first needs to complete testing which they don't have any funds to do this with. Its been stuck in this same spot for many months going no place but further in debt. Even with the funding in place this is many months away if ever from getting FDA approval. Company is in "business" in name only. Absolutely nothing getting accomplished here for a very long time.
Watch for huge increase in volume in the next days and for a week or two. You will know the note holders are dumping again.
Last batch of notes due in Sept. were all sold on the market for pennies on the dollar. Note holders have no faith in this company's ability to get FDA approval for Radiogel. What do you think caused the last big price drop? Go look it up for yourself.
Many convertible notes due in Nov. and Dec. Shares will be given to note holders to sell. Same as last month. Nothing positive about any of this. Company is dead broke and hasn't put out any real news in a year. More and more shares are all it produces.
I thought Yahoo board was full of morons pumping this junk but this board even tops them. Nobody here has a clue what they are talking about. Some think this is an Ebola play. LOL.
Its over. This company is dead and gone and the fools on this board are waiting for news that will never come. The only thing left is to dump as many shares as the market will take and go bankrupt.
Archie is totally worthless. A few months ago he couldn't pump this company hard enough. Said anyone who didn't buy was a loser. He's a complete waste of time.
Archie can't figure out if he's a pumper or a basher. It changes from board to board and month to month. LOL.
Cadwell has not sold anything. Show me your proof that he has sold one note or share. He continues to fund the company with about 23K per month.
Most of that was wiped out with the last 500 million share raise. It was the note holders who sold. Not near as much debt anymore.
Nothing is ever happening with this company. Thats the problem. Its an empty shell that produces nothing but more shares to dump on the market. Its a scam for morons.
You can't short a pink sheet stock that sells 3 for a penny. Did all the idiots roll downhill and end up here? This is worthless junk for morons.
Its not anywhere close to FDA approval. They have testing to complete before they can even re apply and they still don't have the funds to start the testing. This is many months if ever away from FDA approval.
Why buy today? Next week this will be 0.002 or less.
This junk is a buy at or below 0.003 and a sell above 0.005. Beware of the pumpers pushing this garbage. This company has done nothing for years and years. It's an empty shell that produces nothing.
If its such a bargain why aren't insiders buying any of this?
Why are no insiders buying this stock? If FDA approval is coming on a half penny stock insiders would be buying every share available. This smells bad. Sorry pumpers.