Micro Imaging Technology Inc (MMTC)

[Top Penny]

MMTC - Insiders have more to lose than anyone else as they hold the majority of the float. The simple fact is insiders have done nothing but buy shares of MMTC. Greg Newhuis and Robert Pett both have over a million dollars of their own money invested in MMTC. The former U.S. Postmaster general Anthony M. Frank also holds a sizable position in MMTC and continues to buy shares. Its great to see insiders eat their own cooking, they obviously believe in what they are trying to accomplish, more than anyone else. To say insiders are bilking investors is complete fantasy and totally false, insiders have more to lose than anyone and at present are underwater on their investment in MMTC. So the scam theory holds no water whatsoever, the whole point of a scam is to take money from investors, scams don't invest MILLIONS of their own money into the scam. To say MMTC is a scam is laughable, its complete and utter nonsense. As far as dilution is concerned, the O/S has only grown by three million in the past six months, that's it. You must not be paying attention because at present there is no dilution and there hasn't been for about a month now, hence the increase in the share price. I find it comical some refer to MMTC as a scam when insiders have more money invested in this than anyone else, the scam theory is a joke, point blank.

-IMHO