MMTC - My facts are all spot on, it's your facts that are wrong. MMTC only owes $4200 in back taxes, that's it. It's right there in the most recent 10Q for all to see, there's no hiding it. That amount is probably a lot less by now if not completely paid off. You make it sound as though they haven't paid taxes in 10 years and are about to be shut down, you're twisting the facts. As far as dilution is concerned, the O/S has only grown by three million in the past six months, that's a fact. The company hasn't been diluting at all as of late, we haven't seen any dilution at all for about a month now, hence the increase in the price per share. You need to stick to the facts and actually read the filings filed with the SEC, those legal documents don't LIE. From the most recent 10Q...
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A Notice of Tax Lien for a portion of the taxes due was filed by the State of California on November 9, 2012 in the amount of $8,206, including penalty and interest. In October 2013, the California tax authority levied the Company’s account in the sum of $13,807 with an additional levy of $5,451 in November 2013. On December 17, 2013, the Company entered into an installment agreement with the California tax authority to pay $304 per month commencing January 27, 2014. A total of $1,518 was paid under this arrangement when the Company failed to make required monthly payment in June 2014. On or about July 14, 2014, the State of California levied the Company’s account for an additional $1,132 and the estimated remaining balance of $4,200 remains due to the state.
