ADMD Detailed and long
I have been long this stock since Feb / March, the seasoned longs can vouch for me on this. Here is a view on the present and outlook. I have watched this board off and on for a little while. I have seen people like Boatlife come in talk huge and loud and leave, just like most do when stocks hit temp highs. The majority here seem to get overly excited and are the greatest friends in the world. Have you noticed the patterns? Like Pimpin Wallstreet usually shows up and posts a lot when the stock is ripping and he falls off the cliff when it drops. You can't hate on him for flipping, I can't anyway bc I do it too. However, I flip this several times a day for months. I started out with a million shares and now have just under ten million. These were bought on flips. You guys see those 500k and 800k amounts being flipped thinking it is "beer money" or what not is people like us selling in the morning at the high and buying back in before lunch with a few hundred thousand shares extra. These are now free shares. To say I don't believe in this company because I flip is silly. It is crazy because I reinvest every penny I have made from these flips back into this company.
--Now, onto the other issues. This board should be embarrassed that when someone comes on here with a different opinion they attack them. You are adults and need to learn to use people that think different from you and look to see where they come from and why, they may have a point. Druidfish whether you want to admit it or not was completely correct on the 1.5 million issue and you exiled the person. Your proof should be after the news came out the next day it dropped and a lot here were posting a nickel or dime because of that news. I am hopeful as well but you show your lack of either DD or experience making comments like that. Larger money / seasoned money pulled out after seeing that as did I as well.
--The 1.5 million- some of you thought it came from the share returns. The total number of outstanding illegal shares had a total value of only 800K of that just over 720K came back the remainder of the 2.23 million on that sheet is from Cadwell. If you read the year's Q it states clearly in it that ADMD is revenue negative and cannot afford even to pay rent which is why they are now in one of Cadwell's offices. It also states they need 1.5 million for annual operating expenses. So 1.5M plus 700K equals your 2.23M +/-.
--Finally, keep in mind I would like this to hit a dollar or 10 as well but you must be realistic. This company is in serious debt and losing money by the day. The FDA is not only nice but required to keep the doors open. If you sincerely think that if they don't get FDA they will move onto Europe and then begin selling then why haven't they already? The reason? Because in the Q as it states several times it will take an injection of 8 million to finance the production of outsourcing the actual manufacture of the device. Cadwell will not finance this without US FDA otherwise he would have years ago don't you think? The patents are owned by Battelle don't forget, we just license them, says that in the Q. If this company cannot afford to pay for the reoccurring annual lic fee or goes out of business than Battelle loses its 10 percent ownership of a company on paper and they don't lose any real revenue or margins and then Battelle sells it to someone else. You folks seem to think Battelle will rescue AMIC but the truth is they will profit from this with or without ADMD. AMIC is so far in debt and has OS of almost it's full AS. In JUne there is more dilution / conversion..a lot of them...not many in August and then more in September. This company in order to uplist as it states in the Q will NEED to R/S in order to relist above a couple dollars. Every company in the OTC talks about uplisting, there is a reason most don't. Keep in mind I am heavily invested here and I want it to hit a dollar too but it is impossible with current SS. For those thinking ADMD will get bought out for 2 dollars a share please stop it. In order for that to happen the past what 17 million? in debt has to get paid for and a company that buys it will have to explain to THEIR shareholders that they paid 5000 times earnings of a company that only has a IP...from another company...that they license. All a company has to do (say AMGEN) is approach Battelle and say your 10 percent stake in ADMD is worth 1 Million (10 million market cap) We would rather cut Battelle a check for 3 million and pay 5 percent gross profits to Battelle and they (AMGEN) develops it, markets it and ADMD goes bankrupt overnight. That is why AMIC won't get acquired for more than a few million tops. Of that the stakeholders not shareholders get their preferred share's warrants executed first, then the remainder breaks down to us...I wouldn't expect more than a .20 cent a share here. As for the time being without FDA this company is not worth much (removing emotion and strictly looking at it as a business) and it will continue to sink. It is after all losing money everyday the doors are open so why should the price rise? I write this as a long and I welcome your constructive thoughts with facts from the Q or companies statements. Your opinions are also welcome as so we can assist one another with intelligent thoughts and a dialogue. Cheers all
AI
