American Bio Medica Corp (ABMC)

[tedpeele]

I think she is being very careful to not put the cart before the horse because she is LIVING first-hand the nightmare logistical issues. She knows that nothing is certain until it is completed, and with the kinds of delays she has been living through and the SEC watching for covid hype, she is being super careful despite being the object of all kinds of negativity.

No-one here was talking about logistical issues for getting tests to far away countries, until I first mentioned seeing a new report about them a few days ago.

We are in the DISTRIBUTION business, people. Delays mean no/reduced distribution, which means no/reduced shipping, and no/reduced revenues.

It appears to be nearly as uncertain to our CEO as it is to us, how quickly the logistical issues will clear up, as COVID itself is causing the logistical issues.

This may very well explain why there is nothing being reported clearly as 'material'. She maybe doesn't have enough visibility even at this date on August 1 to say that anything material has occured. The Covid sales reported -- which APPEAR to be 1.126m to date are what we have to work with. Everything else is speculation re both timing and amounts. What seemed 'certain' we now know is very uncertain. Anything can happen. Place your bets on this new information.