Mind Technologies, Inc.(fka MTEK)

[JPayne1980]

Has anyone here actually used any products from this company? If so how was your experience?

[pitadog]

Hi rbtree....yep, Fouch has ties with RFMK, in fact, he was the #1 dude to put Rapid Fire Marketing into an old shell. He early on printed conv. preferreds to the tune of 13 million shares that convert to common (without registration...don't understand just how that works!!) at the rate of 1 pref. to 30 common. For the last 1 1/2 years RFMK and prolly Fouch has been converting and selling the commons at a feverous pace. Unreal.

Also interesting that MTEK was once JEDM (jedi Mind Corp. NV of course) and a previous (now banned with I-Hub) alias around the mmj stocks was a jedi....rotfl (Elite Yoda)

Maybe a connection?

[rbtree]

Hah. Flushed ya outta da woodwork...

Dude, if this ever gets back on even just the pinks, it will be a huge surprise. I'll, at that time, offer accolades.

Anyone believing a word of what Fouchie has spouted the last few years is a sucker.

[H~E Pennypacker]

'As if'? LOL!

What's the word going to be when MTEK is ON the BB- 'Well they made the BB, but it's not the Nasdaq'?

Haha...keep up the good work.

[rbtree]

Well, MTEK is still stumbling along. Latest news says they're working on making the huge jump to the OTCBB....AS IF!!

He's also sill involved in some way with the ganga RFMK.....

[tony montana]

Hey what scam is Brent fouch in now? Guess he will lay low as he made millions scamming investors, but the money will run out then back at it again.

[Zehner1]

PPS...at the end of 2012?

[BOBO3]

Someone put in a market order? Gees

[rbtree]

Yeah, real big. A cool $1000 has changed hands. Pity the poor sap who sold 50k shares and only got $5, before commission.

This pig officially hit .0001... too funny!

And, as I suspected, it's still mired on the dull sheets.

[BOBO3]

Wow big day ....what we're they led out in handcuffs today?

[Kobe Ginobili]

MTEK: .005 +2400% 24 bagger today on 2.4x davg 52 wk high .02 could be loading prior to momo opp attempting to break .02

[tuffsstuff]

A complete sham. This stock has been left out in the cold by the management team. They have focused thier efforts on Europe I suppose and left us to rot! What a shame. This is a sad state of affairs. No wonder the SEC shut them down from trading some time ago!

[drugmanrx]

The future? http://news.yahoo.com/blogs/this-could-be-big-abc-news/mind-control-flies-toy-helicopter-autism-epilepsy-cure-160201355.html

[H~E Pennypacker]

deer22...I can't, I don't pay for an ihub membership.

[H~E Pennypacker]

deer22, you will need to find these answers on your own. If I give them, the truth will be refuted and I do not care to have a 'back and forth' with strangers. And if you believe what rbtree has to say, then it's pretty much all doom and gloom.

Good luck...

[rbtree]

SEC had issues with financial reporting . The company has typical OTC problems, over promise-- under deliver--bad stock dilution, declining assets and sales. Maybe they'll pull through. I have doubts. Also the odds of them getting off the grey sheets are not as good as they and longs would make it sound. If they do, it might be worth putting in some risk capital. Tough to trade on the greys. Have to phone in your order. Don't offer to buy much over .006....

Search http://www.google.com/search?rlz=1C1WZPD_enUS406&sourceid=chrome&ie=UTF-8&q=BCI+thought+control
Here's a good website http://neurogadget.com/2011/07

Also, go to emotiv.com and read their site, including the forum. Will give you some idea of how it works...some of the talk is technical, by users or people developing software for themselves or more.

google Gerwin Schalk. He's a director with MTEK...I dunno how big a part he's playing, but he's big in the field..has patents etc/

[deer22]

So why'd the company get suspended for ten days? cause the technology sounds too futuristic? Lol

I gotta do some dd on this over the weekend...

[deer22]

Has any of you actually tried this shit? being the electronic guru I am I'm half tempted to...lol

Does this really work?

[deer22]

I remember reading an article about this sort of thing for video games a year or so ago...I think in EDN or one of those magazines I get...came across this stock the other day...going to have to do some dd on this...

This stock and idea seem far into the future but after I read that article it looked more and more like it was around the corner...

I see from the sticky Sheldon is part of this...I use AMD chips all the time...

[rbtree]

Yeah, but how many trades have there been--total---in the many months its been listed? Could be as few as three or four.

Big whoopie..

But better than the zero that some predicted.


That said, any "valuation" that is attributed to MSO due to its current price is pretty meaningless, as their book value would seem to be nebulously low. What real assets could be attributed to it?

[H~E Pennypacker]

Yeah, I don't know if they are aiming to just get on the BB or if the QB or QX is on their agenda. At this point any of those would be tremendous given what they have gone through.

I guess if you checked out Agora, then you know that MS0 is doing well...

[rbtree]

Hey sperri, I peeked at agora, where you said

Filing a 10Q (quarterly) and 10K (annual) financial report will qualify us for the Bulletin Board (BB). You don't do those on the Pinks.:

http://en.wikipedia.org/wiki/OTC_Markets_Group,_Inc.#OTCBB

I think it would be just as good for MTEK to focus on one of the top two OTC tiers, as many BB companies aren't bothering to stay on it. That would be the OTCQX and QB. Read the requirements. The QX is better, and there's only a few companies there, about 250.

Also, just filing regular audited financials doesn't automatically qualify a company for the BB. They need to file a Form 10 (didn't they say they planned to do that) and meet the minimum listing requirements.

Of course, that's assuming they are successful at getting relisted.

[V63]

WELL! Good for you chiller!

[H~E Pennypacker]

Oh, I am quite chilled.

[V63]

seriously, thats part of what i read ,,,what do i care this is not my friggin stock,,,i can give a rats behind what the rest of the pr says...haha so chill!

[H~E Pennypacker]

Seriously? That's all you've got?

[V63]

this sounds a little crazzzy Mind Technologies, Inc. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain. The Company creates medical applications and video games that are controlled by the power of your mind.

[H~E Pennypacker]

We shall see...all most us can do is wait now anyway.

[rbtree]

Good news for ya'lls , sperri...

Or is it? It's no guarantee they have satisfied the SEC, nor that they will find an MM to file a Form 211. Looks like they think they will. Good for them if they do.

Problem is, being fully reporting is expensive. Until they achieve substantial sales, it will surely mean more dilution.....which is half the reason the stock is so low.

[H~E Pennypacker]

Well, there's an interesting PR...

[H~E Pennypacker]

And you still avoid the question. Not surprised...just glad you're here.

[rbtree]

Hey sper......both your posts are TOSable.....but no worries, my poor long suffering MTEK friend.

It's just sad to see how pathetic the company's books look.....

I'm having trouble seeing how they'll ever turn it around..

But maybe...

I got a pm from gmac of emotiv a coupla days ago. He was impressed that Gerwin Schalk had gone with MTEK. Said he had communicated with him a fair bit....he's connected with someone designing a very expensive and sophisticated BCI, like 20x the cost or so.....Figured the cost might come down..but not to emotiv's level.

[H~E Pennypacker]

Let's examine:

You're not short on MTEK and you don't own it- so what's the interest again? Riiiiight- you never do explain that.

[H~E Pennypacker]

Oh good, you're back!

I love it when bashers are around...

[rbtree]

Probably never....contrary to what they claimed.....

which is the norm for suspended pinkies.

[rbtree]

Acck, financials out....wow, now the o/s has ballooned to 324 million.

I like this part:
Research and development expenses are charged to operations as incurred. For the period ended June 30, 2011
$6,691 was incurred with $0 being incurred in 2010.

Too funny.....what the heck are they doing besides issuing shares for Brent to pay for the new off road truck racer.

And what about that talk of working on a BCI headset....or is that all in MSO's hands? They said months ago that someone might be advancing them some funding.....Hmmm. I wonder. MSO barely trades, and has no real and true value.

[rookinvestor]

they have to get filings in order and get a MM to agree to represent them and then get it approved by finra....read the recent news under "uto-", they too were recently suspended and are clawing back.

[alexander77]

When will MTEK leave "grey" status? Anyone knows? We're lucky that the share price didn't drop more till now.

[themostsquirrels]

How do I purchase MTEK?

[ragmuff]

Mind Technologies, Inc. Files Patent for Advanced EEG Technology
Date : 06/30/2011 @ 9:00AM
Source : PR Newswire
Stock : Mind Technologies (GM CE) (MTEK)
Quote : 0.0063 0.0 (0.00%) @ 2:05AM


Mind Technologies, Inc. Files Patent for Advanced EEG Technology

Mind Technologies (GM CE) (USOTC:MTEK)
Intraday Stock Chart
Today : Thursday 30 June 2011
Mind Technologies, Inc. (http://mindtechnologiesinc.com) (OTC Pink: MTEK), announces the progress of the Company's proprietary EEG headset and is providing an update on the Company's Form 2-11 submission. Mind Technologies has paid for and filed a comprehensive patent application with the U.S. Patent and Trademark office relating to the new design and function of the Company's advanced EEG headset technology. The technology being developed is smaller, lighter, and designed with the end user in mind. The proprietary EEG headset will operate the Company's thought controlled software applications and is expected to be the premier platform for the brain computer interface (BCI) market.

Experts at the Consumer Electronics Show (CES) say that mind-controlled technology may be the next big thing, according to an article published in the Denver Post - Mind-controlled devices may be next, say experts at CES - The Denver Post . Mind Technologies is positioned on the ground floor of this emerging sector and believes the Company's proprietary EEG hardware and thought controlled software applications will bring long term shareholder value through internal growth or by acquisition from a larger corporation seeking to enter the market.

The Company is working diligently with our market maker with the filing of our Form 2-11 application with FINRA to be re-instated on the OTC Pink market as a current issuer, filing quarterly financial reports going forward. The application is a process that can take days or weeks to be approved. The Company does not foresee any delays in the process and will update shareholders upon approval.

About Mind Technologies, Inc.

Mind Technologies, Inc. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain. The Company creates medical applications and video games that are controlled by the power of your mind.

Safe Harbor:

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

SOURCE Mind Technologies, Inc.

[H~E Pennypacker]

ANY crowing either UP or DOWN on the gray market is a joke. There are more rules in Thuderdome than in this market.

The question now is when will MTEK resume trading on the pinks and where the price goes from there...not here.

[rbtree]

You're crowing about being up---on a 100 share trade?

[RACKnRICKY]

up 60% 5m v

[StarSpangledBanner]

rbtree, I'm not surprised by the price action because the spikes in PPS can be enormous when on the grey sheets going in either direction. Low volume, no real market makers. I was under the impression that you can't trade a grey unless you call your broker. I could be wrong.
What surprises me the most is that a pink stock company actually put out a PR about it today (MTEK). I've been in a pink before that went grey because of a halt based on a false pump (false claims about involvement in the solution for the Gulf of Mexico oil spill). After over one year, that company still does not update shareholders, does not answer phone calls or e mails, phone lines disconnected, basically invisible to shareholders wanting answers.
I've seen PR's and heard forward looking claims from conference calls from MTEK that haven't materialized yet which made me very angry and skeptical but on the other hand, I've seen them change their plans from past statements to better their position in the industry. I haven't noticed any dilution or gross pump and dump tactics either. When I became a bagholder, I started to question them and turned into a 'moderate' basher myself but at this point, I'm giving them the benefit of the doubt. Brent Fouch's past record is unimpressive to say the least but maybe he found his niche this time. Maybe not, time will tell. I hope he succeeds. Call me a dreamer, bonehead, sucker, but if they get back on the pinks quick enough, I will be more than mildly impressed. Bring it on MTEK!

[rbtree]

I think a couple orders were, maybe why the price popped. But who cares, the amount was small. The SEC cracks down sometimes on bigger, more obvious collusion games. witness one of the other 17 stocks, CD IV, which was one of Monk's (Jerry Williams) FLD plays. The SEC is after him. A different scenario, mind you.

And then all the recent pump and dumps, where groups get together to pump a stock. The perps always front load. Those deals are rampant lately, and cast a dark shadow on these small markets.

MTEK is cleaner than most of these stinkers, imo. Just to me, it has always seemed really small time, and a long shot to see success.

It will be interesting to see if they are successful at getting back on the pinks. LLEG also had news referring to their (possible) progress.

[H~E Pennypacker]

Yes, I read quickly. And for what it's worth, I didn't support his idea. I am not even sure it would have made a difference had those orders been placed.

[rbtree]

Guess you didn't read my post. Was referring to the collusion alex was suggesting....which was probably what spiked it to 2 cents..on a whopping $800 or so of trades.

Hey, You got some nice news. If it happens, MTEK will be one of the very few to return to the pinks. Good luck.

http://finance.yahoo.com/news/Mind-Technologies-Inc-prnews-3163837031.html?x=0&.v=1

[H~E Pennypacker]

You're hilarious...the SEC frowns upon message boards that don't have to put up with spam and bashing?

Let me try again...why are you here?

[techtrade]

.02 - Sweet!

Thought it was maybe a glitch in my trading software, but stockcharts shows it too....nice move MTEK!

[rbtree]

You don't seem to realize that MM's now can only match retail orders. Further, this snipppet of yours from a new censored board is the kind of thing that the SEC frowns upon. Of course, shorting was never an issue with this, but now, the excuse won't fly at all.

Who is with me to artificially drive the price higher, taking advantage that not all brokers can trade (and short etc)?

You can always send me a PM if you prefer.