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Pink Sheets: Andover Medical, Inc. (ADOV) news stock charts

Andover Medical, Inc. (ADOV/ADOV.PK) Penny Investment Summary:

Andover Medical, Inc., together with its subsidiaries, distributes procedure specific durable medical equipment (DME) and services segments of the orthopedic, podiatric, and urological physician care markets in the United States. DME is a specific type of medical equipment prescribed by physicians for home use that provides therapeutic benefits or helps patients perform tasks they would otherwise not be able to accomplish. The company?s product offerings include postoperative pain management products, orthopedic devices, a range of soft goods and functional knee braces, and disposables. Its products are primarily used by baby boomers and seniors. Andover Medical offers products directly to the physicians and patients. The company is headquartered in North Andover, Massachusetts.
www.andovermedical.com
64 Employees

ANDOVER MEDICAL INC (ADOV:OTC)

LAST $0.03 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/11/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of ANDOVER MEDICAL INC (ADOV)

OPEN
$0.03
PREVIOUS CLOSE
$0.03
DAY HIGH
$0.03
DAY LOW
$0.03
52 WEEK HIGH
12/23/09 - $0.05
52 WEEK LOW
04/3/09 - $0.0050
MARKET CAP
971.5K
AVERAGE VOLUME 10 D
12.1K
EPS TTM
$-0.32
SHARES OUTSTANDING
36.7M
ADOV Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for ANDOVER MEDICAL INC (ADOV)

Andover Medical Appoints John Sparks as Vice President Sales and Service

Andover Medical, Inc. announced that it has promoted John Sparks as Vice President Sales, of the US Sales and Service force of Andover Medical. The promotion to this position strengthens Andover Medicals' growing executive management team into the start of 2010. As vice president of sales, John will be responsible for managing the Andover sales team, with an emphasis on new client acquisition and customer satisfaction. John will focus on development of additional industry sectors and increasing current customer opportunities.

Andover Medical Files Form 15

Andover Medical, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934. The companys common stock has been deleted from OTC Bulletin Board effective March 10, 2009 and has been added to NBB.

Andover Medical, Inc. financial resources

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ADOV Competitors

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Industry Analysis

Valuation ADOV Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

ADOV

ADOV transactions

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No transactions in the last 6 months.

Pink Sheets: More Recent Financial News About Andover Medical, Inc.

Andover Medical Appoints New Vice President Sales and Service

Quote: AUBURN, Wash.--(BUSINESS WIRE)--Andover Medical Inc. today announced that it has promoted John Sparks asVice President Sales, of the US Sales and Service force of AndoverMedical. The promotion to this position strengthens Andover Medicals’growing executive management team into the start of 2010.As vice president of sales, John will be responsible for managing theAndover sales team, with an emphasis on new client acquisition andcustomer satisfaction. John will focus on development of addit...
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Andover Medical Appoints New Vice President Sales and Service

Quote: AUBURN, Wash.--(BUSINESS WIRE)--Andover Medical Inc. today announced that it has promoted John Sparks asVice President Sales, of the US Sales and Service force of AndoverMedical. The promotion to this position strengthens Andover Medicals’growing executive management team into the start of 2010.As vice president of sales, John will be responsible for managing theAndover sales team, with an emphasis on new client acquisition andcustomer satisfaction. John will focus on development of addit...
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ANDOVER MEDICAL, INC. Files SEC form 8-K, Other Events

Quote: Item 8.01.Other Events. On January 27, 2009, Andover Medical, Inc. (the "Company") was notified by attorneys for Lowell Fisher that he had resigned, effective immediately, as interim CEO of Medical Solutions Management, Inc. ("MSMT").The reasons stated were Mr. Fisher's wife's recent death and "his awareness of an ongoing federal investigation that involves MSMT." In addition, on January 28, 2009, Shad Stastney resigned from the Board of Directors of MSMT, effectiv...
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ANDOVER MEDICAL, INC. Files SEC form 8-K, Other Events

Quote: Item 8.01.Other Events. On February 3, 2009, Andover Medical, Inc. (the "Company") was notified by Certified Diabetic Services, Inc. ("CDIP") that it had terminated the Asset Purchase Agreement and Plan of Reorganization dated July 25, 2008 (the "APA") by and among the Company, CDIP and Medical Solutions Management Inc. ("MSMT") due to the parties failure to consummate the Agreement by December 31, 2008.The Company has notified CDIP and MSMT of its termin...
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