{"id":7986,"date":"2016-06-01T11:02:04","date_gmt":"2016-06-01T11:02:04","guid":{"rendered":"\/?p=7986"},"modified":"2016-06-01T11:14:51","modified_gmt":"2016-06-01T11:14:51","slug":"advanced-medical-isotope-corp-otcmktsadmd-blasts-off","status":"publish","type":"post","link":"\/articles\/advanced-medical-isotope-corp-otcmktsadmd-blasts-off\/","title":{"rendered":"Advanced Medical Isotope Corp. (OTCMKTS:ADMD) Blasts Off"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93629\/bxcvbcxbcbcxb.png\" border=\"0\" width=\"438\" height=\"195\" \/>Advanced Medical Isotope Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ADMD\">ADMD<\/a>) managed to add an impressive 42.86% to its market cap on an increased dollar volume on Friday, after making yet another boastful announcement. <\/p>\n<p>Investors were obviously impressed with the news that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ADMD\">ADMD<\/a> <\/strong>will be &ldquo;presenting at two upcoming investor conference&rdquo;. Evidently, the news that investors would finally be able to see the &ldquo;<em>capital restructuring plan as well as our regulatory and commercialization roadmap for 2016<\/em>&rdquo; was well received &ndash; but is there really a reason for optimism?<\/p>\n<p>Yes, the company&#8217;s latest published financial report did show a lot of improvement over the last one. However, the numbers in it are still pretty horrifying:<\/p>\n<ul>\n<li>Cash &#8211; $179 thousand<\/li>\n<li>Total current assets &#8211; $213 thousand<\/li>\n<li>Total current liabilities &#8211; $9.9 million<\/li>\n<li>Annual Consulting Revenues &#8211; $24 thousand<\/li>\n<li>Annual Operating loss &#8211; $2.5 million<\/li>\n<\/ul>\n<p>While the company&#8217;s filing claims that it has logged a significant net profit for the reported period, investors would do well to note that $7.8 million worth of that was &ldquo;<em>Gain on derivative liability<\/em>&rdquo;.<\/p>\n<p>While these numbers are far from current, being dated Dec. 2015, they are sort of indicative of the way <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ADMD\">ADMD<\/a> <\/strong>does business, and since the company has not bothered filing a more recent report, they are the only information readily available online.<\/p>\n<p>Another thing investors should definitely note is that the company has issued JUST 150 MILLION shares between April 2015 and May 2016, bringing its total shares outstanding to within a hair of authorized cap of 2 billion. However, as of about two weeks ago it also had &ldquo;<em>2,407,545 shares of the registrant&rsquo;s Series A Preferred Stock outstanding<\/em>&rdquo;. Each of those shares can be converted into 1000 common shares.<\/p>\n<p>Additionally, due do a past investor decision, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ADMD\">ADMD<\/a>&#8216;s <\/strong>management still has a free pass to perform a reverse split at a ratio between 1-for100 and 1-for-300, as long as that split happens before October 15, 2016.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93629\/vzxvxzcvcxz.png\" border=\"0\" width=\"173\" height=\"74\" \/>The significance of the above mentioned facts should be self evident. Let the buyer beware.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advanced Medical Isotope Corp. (OTCMKTS:ADMD) managed to add an impressive 42.86% to its market cap on an increased dollar volume on Friday, after making yet another boastful announcement. Investors were obviously impressed with the&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1602],"class_list":["post-7986","post","type-post","status-publish","format-standard","hentry","category-news","tag-admd"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7986"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7986\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}