ADM Tronics Unlimited, Inc (ADMT)

[stockwizkiddio87]

I'm not selling. I've held it for years and keep averaging down.I've been buying at these levels also to get my average down. I'm not saying it's a bad company. None of us can be happy with that earnings report.

The thing that worried me the most was them referring to Alvio as their proprietary product. Read the press release from about 2 years ago which stated that they entered into an agreement with Qol Devices to help them develop Alvio. I just don't want to get into trouble with the SEC for misleading press releases. the SEC has shut down companies that do that and send the principals to club fed. The stock collapses and we all are stuck with wallpaper.
I know good things will be happening with their real proprietary products. They don't need to say Alvio is their product. It can only get them in trouble, not only with the SEC, but with ADMT shareholders. I get emails from legal firms several times a years , heading a class action suit by the shareholders of some POS that I owned in the past.