American Bio Medica Corp (ABMC)

[Btown]

Well you really have to take into consideration ABMC revenue reporting of GAAP and how they don’t count any sales revenue until they have received all proceeds and the customer has received delivery of the product and they just barely started to ship product end of may. On June 26th the CEO mentioned up to that date they have booked 1M in realized revenue but that won’t be even in quarter ones revenue so to answer your question I don’t think much of the 1st quarter other than getting us current. I believe even quarter 2 won’t show much maybe 1.5M from Covid and over 1M from regular drug testing operations. From now until the Covid ends is when we will see the huge numbers so hopefully we get updates along the way of sales and marketing plays. Either way the thought process of daily watching the stock has to be taken out due to the ongoing Covid because this has now turned into an investment so I’ll and down to me doesn’t matter much because I feel down the road it’s much higher in price due to revenues reported