TUSTIN, Calif., Dec. 15 /PRNewswire-FirstCall/ -- (http://www.amdl.com) AMDL, Inc. (NYSE Alternext US: ADL), a vertically integrated pharmaceutical company with major operations in China and the US, announced today it has been selected as Bob Flaherty's Favorite Stock for 2009 in the December 8 issue of his online newsletter Flaherty Financial News.
"In the most bearish global market of our lifetime, AMDL should become a standout winner," commented Editor and Chairman Robert J. Flaherty. "AMDL has delivered consistent revenue growth in excess of 100% every quarter for the past 24 months. Under a dynamic new CEO, this emerging growth stock has an aggressive business plan to expand its operations from its current 36 cities in China with populations of over one million to all 168. At its recent depressed stock price and using guidance forecast for net income ranges, AMDL has a projected 2009 Price/Earnings ratio of about ONE versus projected revenues and net income growth of over 100%. This is an outstanding bargain growth investors definitely should take a close look at."
Mr. Douglas MacLellan, Chairman and CEO of AMDL commented, "As an emerging growth, high-value small-cap Company we are very focused on getting our story out to the broad investor community. Being recognized in this manner is an excellent example of the increased attention AMDL is receiving. We are extremely honored to be selected as the #1 stock pick in 2009 by Flaherty Financial News -- an independent, non-sponsored financial newsletter that came to its decision by comparing the public research including the projected Price/Earnings ratio of AMDL with a broad range of other large, mid, small and micro-cap companies."
Robert Flaherty is a respected and well-known financial writer. Decades ago he launched the Forbes "If you Could Love Only One" segment where famous Wall Street professionals picked their top favorite stock picks for the upcoming year to provide investors with educated insight on highly opportunistic investment opportunities. Flaherty continued the feature until he retired. He was among the portfolio of individual stock pickers for over 25 years and had the best long-run print record for a feature of this kind anywhere in the world. Many of Flaherty's personal stock picks produced spectacular gains.
The December 8 issue featuring ADML can be accessed by going to http://www.flahertyfinancialnews.com and clicking on the archive button. For additional information on AMDL and its portfolio of pharmaceutical products visit http://www.amdl.com or contact AMDL Investor Relations at email@example.com or 206.310.5323.
Headquartered in Tustin, CA with operations in Shenzhen, Jiangxi, and Jilin, China, AMDL, Inc., along with its subsidiary Jade Pharmaceutical Inc. (JPI), is a vertically integrated bio-pharmaceutical company devoted to the research, development, manufacturing, and marketing of diagnostic, pharmaceutical, nutritional supplement, and cosmetic products. The Company employs approximately 500 people in the U.S. and China.
About Flaherty Financial News:
Flaherty Financial News is the publisher of totally-electronic coverage of
the neglected micro and small-cap markets with Flaherty Financial News
Newsletter and Flaherty Special Situations. To opt in for future issues please
visit http://www.flahertyfinancialnews.com and log in. Both were recently
launched by the "legendary financial editor" Bob Flaherty, Editor and Chairman
of Flaherty Financial News Inc., and his son Brian, who serves as President
and Publisher. While previously serving as Chairman and Editor of Equities
Magazine for 25 years until it was sold in September 2006, Bob was also
Editor-in-Chief of Equities Special Situations, which had one of the most
consistent and highest ranked long-run records measured by Hulbert Financial.
Previously, he was an award-winning Senior Editor at Forbes Magazine, where he
wrote 33 cover stories, two shy of the all time record. He was also Chairman
of The Over-The-Counter Securities Fund. Bob Flaherty is a Magna Cum Laude
graduate of Harvard College in economics and also has an MBA with a
Distinction in Finance from
Forward Looking Statements:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this document include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of our China-based subsidiaries, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products, and prices. With respect to AMDL Inc., except for the historical information contained herein, the matters discussed in this document are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
AMDL Contact: Kristine Szarkowitz Director-Investor Relations firstname.lastname@example.org (M) (206) 310-5323
|SOURCE AMDL, Inc.|
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