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One11

08/26/20 8:41 AM

#21870 RE: Btown #21868

Confirmed! New distribution channel via Allgenericos U.S.

It appears that they have now opened distribution channels into the United States as well as South America.

American Bio Medica Corporation is supplying both distribution chains.
Confirmed with Allgenericos new office in Florida.

This is a brilliant move for ABMC because Allgenericos distribution does not have to be GSA contracting. So, ABMC has another distribution channel in the United States at its fingertips for the general public.

Because ABMC has an ongoing, established relationship with Allgenericos, it's unknown that this constitutes a material event, although this is a new distribution channel for them and a significant source of potential sales in the United States.

$ABMC
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One11

08/26/20 8:43 AM

#21871 RE: Btown #21868

Yup.. and imagine Q3 numbers with this new distribution!