A source of mine found out that ADMD is very close to completing their audits which will allow then to apply for an OTCBB listing That is very GOOD news and will allow about 4-6 times as many investors and traders to participate in ADMD who would not buy a Pink Sheet company. That will make a huge difference in the future of ADMD and it gives us the edge in getting into the stock at the present price instead of at much higher prices when the stock jumps to the OTCBB.
I know only about 10-15% of specualtors will buy a Pink Sheet stock, while 75-80% will buy an OTCBB stock. When I have spoken to friends and colleagues about ADMD most of the coments are, "I love the technology, but I will wait until it is OTCBB".
I can understand that, but you always have to pay a lot more for the shares after the stocks make that step up to OTCBB, just like you have to when a stock goes from OTCBB to AMEX or NASDAQ. We should see the listing process begin some time in March. Once this story is confirmed by the company, we could see a run in the stock even larger than the one a year ago when the stock went from $0.25-1.04 in less than 2 months. When you add the circle of investors who will buy into stocks on OTCBB or going on to OTCBB we should see the kind of move that could take this stock to my short term target of $2-3 and then my second target of $5.00.