Very interesting filing today. Aren't they the ones that we got the licensing from? Enough said. All of you doubters out there take notice. Tomorrow morning I will be on my way to the bank to replenish my brokerage account.
This is gigantic great news!!! Battelle (PNNL) just purchased per Form 3: 7,608,696 shares at 4.6 cents a share so $350,000 (do the math) into ADMD's account. This gives ADMD money to help bring it to FDA fruition. If Katzaroff doesn't waste the money this is terrific. Battelle developed the technology (Dr. Darrell Fisher working there at the time). This shows the confidence in the technology! Battelle believes in it! Battelle now owns 17,063,583 shares in this company. This will surely help selling equity at prices higher than 4.6 cents to investors. Thank you Battelle! Radiogel is the real thing.
Batelle helps a lot but $1.5 million roughly is needed to get through March '15. So where is Brookline or another tute to come in and take advantage of the available shares with a sizable investment? CEO needs to hit about ten conferences or more this year. Let the scientists and the board do their jobs and get out there like a CEO should and build this business.