This the first time I have seen this type of volume. something is brewing behind the scene. First Barry Kapland, now Overton? I like fact if they can fund their operation this way they don't have to dilute, with fund managers ready to make commitments. It appears to me they are ready to finally roll out this baby in the open floor.
I think it might have been dilutive. It was vertually on the bell and darn low. $50k in money for the company if so. There is a lot going on for this company so it is a good time to pick up shares. Just waiting for next quarterly and buying shares as I wait.
SS, if it was dilutive, it would have hit the news wire as always. This one didn't, and made me question it. Did someone internally made the buy in the open market? Now we are starging to see the outcome of this Euro Sept trip.
Yeah, most sites show 1,209,060 shares traded today. Looks like a 500,000 up and 709, 060 down. Question is, who's buying and who's selling? Ideally, Kaplan and/or Overton are doing what they set out to do and that is, promote the buying of ADMD shares to fund AMIC's operations. If my math is correct, a 500K buy at $.04 is $20K, that can definitely help out at this early stage. The concern I have is, how many outstanding shares will we end up with before AMIC can start to generate enough revenue to stand on it's own. Fortunately we don't have a lot if share outstanding yet. I know we need funding and need it fast to support AMIC's business and reputation, but 4 pennies a share doesn't exactly inspire a lot of investors. Though we can access Jim's Smallcapvoice interview, a lot of folks, including myself, missed out on a couple of Jim's speeches. If the price stays down here too long, he may have to give a pretty good talk to regain a show of interest. As for myself, I'm all tapped out of dry powder right now, but I plan to buy more before the 10Q in mid-November. As a matter of fact, now that I think about it, we can stay at this pps for another month and a half until I can get some more cash.
Look at the subtle signs folks, when you see large blocks of buys, that's Kaplan and Overton at work, not small timers like you and I. Won't be at this low price much longer. MDLAND~