According to the trading data, Advanced Medical Isotope Corp. (OTC:ADMD) did not trade a single share during the last session. Though being regularly promoted in the last several weeks, ADMD has not become much more popular, getting an average volume of only 8,300 shares. Last night another news alert came in, but it looks like we should not expect too much. 
ADMD closed the last trading session at $0.29 without a change in the price and without any trading volume. The $0.29 level has already established as a resistance, and the $0.20 as a support, yet as the chart shows even that volatility has not attracted more traders recently.
A new promoting e-mail from ADMD campaign was sent yesterday evening, but the “news alert” seems to have little chance finally to affect the market. It remind only about an audio interview with the company available on the promoters’ website. According to the website of the promoting firm, it has has been engaged directly by ADMD to provide market awareness for the stock. Correspondingly, the compensation is paid by the company and consists of $2,500 per month and 100,000 restricted shares for a six-month contract.
ADMD latest financial report is also far from impressive. At the end of June this year, the company had total assets for $1.5 Million ($5,300 in cash) and liabilities for more than $5.3 Million. There is convertible debt outstanding, along with certain stock options, which altogether may potentially result in over 16.5 Million new shares of common stock.
The report says also that ADMD needs to raise capital urgently if it is to continue its existence, which also holds a lot of dilution potential. Over the next twelve months, ADMD says it will need $1 Million to sustain operations at the current level, and $15 Million if the company is to expand its sales team or start working on new projects.
