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Ok! This is big! We know we have a relationship so while supplies last????Wonder how big the order was. Need to figure out where they are coming from!
Ha, just earnings released on time would be nice!
Every company in the mix is scrambling right now. More rapid tests are needed then ever. The real question now for abmc is how hard are they pushing to get that business? I’m thinking they are pushing but results in revs will take a while. Not happy about constant unloading by some. It is what it is.
Thanks Sporty
I’m with you and Adam and Original team. I was always pretty transparent on my trade plan. Once we hit 1.26 I pulled what I put in plus 20% . Let free money run at this point. What does suck is that it dropped so low. I didn’t believe this would happen but get it for people that got in late cause it ran so fast.
It will be back because the truth has always been in the Q2 numbers. Melissa straight up fucked this up. And filings will be late again. But I’m holding, until q3 regardless. That’s when we explode!
The get rich quick are the ones pissed right now, I’ve been there many times and I get the pull out anger thing. A lot of them will be disappointed when it all comes together .
Jumping in here. Hope I didn’t miss something. It was stated by Melissa exactly what the profit Margin was.
What we don’t know for sure is the profit margin since they raised the prices for tests and we don’t know what kind of clogs there are in the supply chain if any at all at this point.
Go back and read all the 10k’s and 8k’s from the past months. It’s easy because there aren’t many. Do your home work.
Agree Willy,
This will have its day. Clearly some were looking to be millionaires in a month. Doesn’t work that way!
Hers hoping that the supply chain we are able to meet the supply they need. I hate all this hoping.
That’s exactly the frustrating part for me too. I think you are right.
I do like the positive energy in here as we know as Melissa has stated the dec 31 2020 financials will significantly change the bottom line. This is a long hold and we need to stay together and lock our shares as a team. Once positive news streams in, which it WILL without a doubt this low float will run like a banshee.
1.Keep up with news
2. Don’t panic sell
3. Know what you own
4. Buy on the dips if you can
5. Patiently wait
6. You will be rewarded
7. Don’t stress
Disclaimer.... I’m speaking more to myself then anyone else but feel strong about the future.
Thanks team for staying together. Said it at .14, said it at 1.26 and I said it at .32.
Bumpy ride but we have the beat team on IHUB hands down
$$$$ABMC
PSIQ sitting at .20 this morning. Anyone know what’s up?
I’m starting to as well, I’m breaking my own rules but feel this will fly again. I just don’t want to see this in the 30’s
I bought some more too. I do Know what I own but I’m worried about actual supply and feel it will be corrected and start coming in quicker quarter by quarter.
My concerns, those real numbers that we are expecting won’t be released till end of the year maybe in filing in March 31st 2021 with the way Melissa’s lagging. I’m fine to wait, and believe in the product. But her down playing things will effect the share price negatively.
Wis we could make her realize she could help the share price with a few honest words about some good things we all know are happening. Just can’t figure her out. She would be set with the shares she owns. I just don’t get it! Melissa is hurting herself!
A new piss test or covid rapid test? What’s the deal you freak!
Why is she so subliminal?
Hey Rainbow,
Write the writer of that article and send him the articles about how accurate Healgen is and state that the one he just wrote is only half right.
Articles like that could help spread the word of our tests. This article just lumps us in with inaccuracy of Cellex which is completely untrue
Just seeing this!!!! Yes! Very exciting BUT..... WTF? Is this not PR worthy? TWO? SECURED? A simple PR about this exciting news and we’re at $8.00
SO FRUSTRATING!!!
Where exactly in the filings did you find this?
I don’t look at things so complicated either. Traders are all over the map on covid plays. It doesn’t take a lot to move ABMC’s low float. That’s what’s exciting about it and that’s also what hurts it. No PR and zero catalyst have caused traders to move on to other plays that do have PR and catalyst’s and share price is jumping based on those catalyst’s.
I’m a firm believer ABMC will have that lunar day if we get some solid PR. How Lunar? That’s going to depend on the definition of “significant” in Melissa’s mind. Is it 10 million? Or is it 3 million?
Is the supply chain from China corrected or is it an on going issue? Will it get any better? How many tests can we expect to receive on a consistent basis from China?
What is the actual demand? What percentage of demand can we confidently fill? These are questions that need to be answered. I will wait for those answers. But with the way she does accounting and uses her words, and delays ?we are waiting into first quarter next year to hear those true numbers.
That’s my opinion from what I’ve seen so far.
I told my self not to look till after lunch. Glad to see it stable, but damn what a drop. Hope this can start climbing again
This is crazy!!
I’ll get it now, and getting gutters
Wow! Someone did not wait to unload! What did L2 show? Better yet what’s it showing?
Hold your shares TEAM!
Lol, so true. You can’t find a kiddie pool for your dog or three he old anywhere in TN.
- with that said, I would wish that Melissa would give us more insight on what is coming in rapid test wise. She words it so you feel like nothing is shipping at all. But again “significant sales” is at least something.
What would be The protocol before he sells? Are shareholders notified before or after his intentions? It will be very telling on what his actions will be, but I guess the share price at that time would be a heavy influencer.
That’s what I figured, but that one post seemed like they were referring to a billionaire and then Stubas if they were two different people. Just trying to get it straight.
When you guys refer to Billionaire who exactly are you talking about? Stu?
If you look back to the Hillsboro county news about ordering 44000 kits and then months later they announced getting them and finally only using them for first responders there was a lot of lag time. The lag seems to be consistent throughout the whole chain.
You are correct. So we are all back to holding shares tight and don’t let the MM’s steal them. If we all make a pact to hold our shares as a team I feel we can weather the storm. Key word “IF”
I’m holding ABMC strong I hope you guys do too!
I agree. I knew this report would be disappointing , but was looking for guidance. My only concern here is the due date. Correct me if I’m wrong but I believe it’s Aug 14th. Do we go back to stop sign in 14 days?
She has 14 days to spill some sort of beans, otherwise we’re rinse and repeat what we just went through to see 2Q numbers.
GM ABMC, stop sign is gone and we are Pink Current. Trying to wrap my head around reports with a clear head this morning. There isn’t a whole lot to chew on with Melissa’s conservative approach.
We all were looking for guidance of rapid tests sold. There was nothing except what we already know.
-revenue was down leading up to March 31 2020 to $729 000.00. Ok we kinda expected that.
- we know they sold 1.4 million rapid tests in one month and a profit of $423,000.00
- ABMC total debt is about 1.4 million
-Supply chain is strained, but she doesn’t really tell us how strained. Very vague.
- they will be expanding sales team as needed and raising commissions for sales team members regarding rapid tests
- the next quarter is very key because rapid test numbers will be in that report. I worry about a long delay to see that report since she admits hurdles because of pandemic. While I believe the numbers will be massive we won’t get a real picture until January 2021.
The way Melissa works everything will lag 2 q’s behind.
- hopeful for some PR on sales the past few months but you know what they say......hope in one hand, shit in the other , see which one fills first.
I agree but am baffled by the careful approach. We know about the Miami distribution deal, and amount of sales slipped but then was quickly taken down on Facebook. The only positive quote I could find was in the Q.
Quote
“ In late March 2020, we also started selling a Covid-19 rapid antibody test from Healgen Scientific, LLC via a distribution relationship. As of result of this new product offering, we do expect sales commission rates to increase as sales are achieved. We may also increase the size of our sales team depending on the level of sales achieved. We will continue to take all steps necessary to ensure selling and marketing expenditures are in line with sales.”
Guys that made out good there may be popping over here now.
Any team members who have not locked their shares please do so tonight. I’d take a hard look at any of your own stop losses and consider removing them. We know where this is going and It would suck to lose shares to MM’s . They see the stop losses and will break into your fear.
IMO ........ this dip sucks but it’s going the other way soon. The only thing holding this back from Volume and Covid flippers along with believers is a careful, baby step CEO. Think LONG and don’t fear! LOCK YOUR SHARES TEAM!
Adam has posted this before but I’ll post again. Watch this video. It’s not just players. All staff and all families will be PCR tested and finger prick tested for antibody’s. As we tackle herd immunity antibodies will be a big deal. An even bigger deal is continued antibody tests become important because we are only immune for weeks to months NOT Forever.
https://www.espn.com/video/clip/_/id/29371475
Well said Sporty, unfortunate that peeps freak out.
aGREED. This only amps up the need for sour type of test. It was bound to happen. Word just needs to get out that we are 100% reliable rate, with only 3 raid tests available in the States with reliability. We are one of them!
14 marlins tested positive through club house. Bad news for baseball. More testing needed
If we are all holding, and 60% of float is owned by insiders, Do flippers and MM’s have much to play with anymore? We have a lot of control at this point don’t we? Once news drops all we’ll be watching is NHL, MLB and AMBC Whales fight this up to CODX type money. Someone please confirm this for me. I just can’t see a different scenario unless a team member blows their wad too early of course.
That’s a loaded question. I think his point was that the Pr is loaded with catalysts and not empty and safe with nothing for share holders to chew on. Otherwise a bullsh**t PR could suspend the ticker and that would definitely be a way to not do it right which is Melissas nemesis.
Welcome aboard Karl!!! It’s a great group, it doesn’t matter how many shares you have, if price goes up we all win! Stay the course. It’s the stock market, one can easily be shaken. But if you do your DD and #knowwhatyouown hang on to your shares!
Nice work! Love it. I Love this group. If we could find a few more like us we could lock this up to where it has to go up. Let the whales knock each other out while we watch.