Replies to post #24296 on American Bio Medica Corp (ABMC)

[oldhamtrader]

In CODX SEC filing under "use of proceeds"
We may also use the net proceeds to invest in or acquire complementary businesses, products or technologies, although we have no current commitments or agreements with respect to any such investments or acquisitions as of the date of this prospectus.

[justbecause516]

That's how Naz company's do it,out of nowhere boom.I'm sure management misses the ez money raises on Naz..

[urge2surge]

Could very well get multiple offers. Good find and post. Explains the heavy ask stack of late. Less shares to pay premium on.