Replies to post #20104 on American Bio Medica Corp (ABMC)

[AdamS007]

$ABMC - Another excellent post....and what makes this post even MORE interesting and possibly relevant...what happened to the DTC this week...went from 24 to 27, now crossing that 50% threshold....

OS remained the same though...as the company does not dilute and never has...shares issued are in lieu of cash for business functions and other company activities etc.

https://www.otcmarkets.com/stock/ABMC/security

[bb405]

Pretty sure an argument by shareholders as to mismanagement, failure to safeguard assets etc. I would move to strip recent stock options/giveaways to incompetent management as well. Goose laid a golden egg and the CEO is trying to kill the goose so nobody else can get the eggs!

[Wheeljack]

I don't see a hostile takeover happening here.

MP Biomedicals has 13% and outside of the other insiders, who control about 35%, plus the strong group gathered here, who control about 25%, could only garner 40%.

Without insider support or a deal presented to outsiders no one can take control of this company.