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NMTI SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-71116.pdf
Order:
http://www.sec.gov/litigation/suspensions/2013/34-71116-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2013/34-71115.pdf
$NMTI
I have a feeling we're gonna in for a solid week here. .079's are almost gone and once we break that resistance point, the sky is the limit.
No mods here...think I'll give it a go and see what comes of it.
Somethings ticken with the volume as of late..New NMTI site http://nmtinc.org/
News thats gone unpublished..I think she's waking up.
Up over 7000% since the 52wk low as of 10/22/12 Barchart has us at a 100% BUY BUY BUY
awefull lot of action going on around here lately..something smells fishy
NMTI .005 HOD on Monday was significant over the past 100 days, and building since the 24th: http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=18026&i=NMTI&pv=recent-symbols&pp=NMTI#&&vs=634926840788165710
is this one still live?
anyone?
Pink no information 13k 3mo. avg vol
Contact Info
27 Wormwood Street
Boston, MA 02210-1625
Phone: (617) 737-0930
Update Company Info
Business Description
Not Available
Financial Reporting/Disclosure
Reporting Status SEC Filer
Audited Financials Not Available
Latest Report Not Available
Regulatory Agency Not Available
CIK 0001017259
Fiscal Year End 12/31
OTC Market Tier OTC Pink No Information
Profile Data
SIC - Industry Classification 3841 - Surgical and medical instruments
Incorporated In: DE, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Richard E. Davis President, CEO
Jim Mayer VP, Fin., VP, Admin.
Company Directors
Richard Davis Chairman
Company Notes
Formerly=Nitinol Medical Technologies, Inc. unitl 6-99
Service Providers
Auditor/Accountant
Not Available
Legal Counsel
Not Available
Investor Relations Firm
Not Available
NMTI Security Details
Share Structure
Market Value1 $24,030 a/o Sep 21, 2012
Shares Outstanding 16,020,069 a/o Nov 05, 2010
Float Not Available
Authorized Shares Not Available
Par Value No Par Value
Shareholders
Shareholders of Record 100 a/o Mar 12, 2008
Security Notes
Delisted from NASDAQ on 02/07/11
Short Selling Data
Short Interest 6,800 (0%)
Aug 31, 2012
Significant Failures to Deliver No
Transfer Agent(s)
American Stock Transfer & Trust Company
yeah certainly in this penny world you really never know.
Sounds good man. This could turn into a nice one
Found it thanks.
no it was after Gore got NMTI through bankruptcy in late October I believe. There is news about it on the net.
was that back from the june 10th sealed bid news?
haveen't in a while when they first bought NMTI. Said that they were going to turn the ciompany profiable in some way. Haven't been in touch since.
Yeah figured with really no volume on this stock wasnt in the best of shape. Have you sent an email to Gore and Associates? If not I'll send them one and post the response if I get one.
W.L. Gore and Associates is a major company in fluropolymers, major player in industrial and consumer products and are best known as the developer of waterproof, breathable Gore tex fabrics. This is no joke. Take a look for yourself.
well there isn't too much dd to find unless you really dig. Thie company was in horrific shape before Gore bought it and now they are expected to make a big move with it but it's been quiet on those accounts until recently.
thanks..I admit i did not do much DD on this one after I got an alert on here.
www.gore.com its w.l gore and associates
could be. Do you happen to know the site of the company that bought them out. I am not able to find them on the internet to see if there is any news forthcoming?
Lets hope it's the reverse merger now as they gutted and sold this company to Gore a while back and they are big time player here. This one should be a biggie here and it's under the radar.
yeah im sure more than we know..
Nice, something is up IMO.
getting some nice action today finally.
exactly now we need to get others to hit the ask and up we go again. It will definitely alert scanners because this can move up 25-100% with a few small trades.
exactly now we need to get others to hit the ask and up we go again. It will definitely alert scanners because this can move up 25-100% with a few small trades.
I hope next few weeks are exciting. We saw how quickly it moves. I got some .006s and .0078 and went for a shower. Came back, it ran to .014 and came back. Lol very very thin
by the way love that .45 trade that was made this morning. So worth it especially paying the brokerage fee lol. Too funny how people try to induce selling to them.
yeah isnt that the story for sure. It would help to have wowza on board still know. Im pretty sure he is still holding too.
YEA, I GOT WOWZAS ALERT TOO...I MANAGED TO SNAG SOME 008'S TUESDAY...LOOKED AMAZING ON THE CHARTS...RAN NICE TO .014 THEN A FEW PANIC FLIPPERS CAME IN...NOW THIS IS A GIFT SO CHEAP DOWN HERE...WILL SHOOT RIGHT BACK UP AND MUCH HIGHER WITH SOME BUYING PRESSURE...FOR SURE!
yeah something could be brewing. I got the alert from wowza so im in much higher than where it is right now but I think the majority are which is good. Hopefully we sell less selling not that there is much but more green days!
NMTI WILL RUN HUGE IN THE NEXT FEW DAYS...LOOK AT THE DAILY AVG VOLUME AS OF LATE...SOMETHING BIG IS BREWING...LOADING AS MANY CHEAPIES AS I CAN DOWN FROM THE 002'S ALL THE WAY TO MY BUY ON TUESDAY AT 1~
Im with you there. Just have to start the buying off and this can run!
ONLY A MATTER OF TIME BEFORE THIS RUNS WAY PAST .014 AND IT WILL DO SO IN THE BLINK OF AN EYE...WE SAW HOW THIN THIS WAS ON TUESDAY WHEN THIS RAN...NOWS A GOOD TIME TO CAPITALIZE ON THE WEAK HANDS SELLING CHEAPIES...LOADING~
I agree with you there..and still doing it today lol.
Damn...some moron bidwhacked at .0022?? Unreal how stupid people are. This was .014 yesterday! What idiot sells at .0022??
Since I have no company to merge into the shell, I have no interest in buying your shares. However, someone will at some point.
You are more than welcome to all of my shares for .02
Empty, clean shells are worth .02+ easily. Perfect candidate for Reverse Merger. Very low O/S and float so no need for a reverse split.
Has anyone done DD on this company?...There is no company as far as I can find. They sold everything in an auction in October of 2011. Whats left is now owned by W. L. Gore & Associates.
"Just weeks after announcing it did not have enough cash to file required federal documents, NMT Medical Inc. reports it is liquidating its business and selling assets to pay off creditors and has let go any employees left."
http://www.masshightech.com/stories/2011/04/18/daily30-NMT-Medical-ends-operations-starts-selling-assets.html
"Boston Business Journal by Julie M. Donnelly
Date: Wednesday, April 20, 2011, 2:48pm EDT
Related:
Health Care
NMT Medical Inc. (OTC: NMTI.PK), a maker of heart devices, has said it has fired all employees and will wind down operations, because it is unable to raise necessary capital."
http://www.bizjournals.com/boston/news/2011/04/20/nmt-medical-to-wind-down-operations.html
Now unless I'm missing something here..I cant see why anyone would want to invest in this company..
It is amazing how impatient we all get at some point. I will say wowza has a way to find really thinly trading stocks. This certainly fits the bill. Just need even wowza to put more confidence and can easily see us hit .01 again.
Wowza not hungry this week I see
Yup, must be a shorter
Guess not...looks like a "hold and hope" here. Some moron just whacked .0036.
Someone just bought $11 worth at .0055???
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NMT Medical Announces First-Quarter 2008 Financial Results
Tuesday May 6, 7:30 am ET
For the first quarter of 2008, NMT reported a net loss of approximately $3.9 million, or $0.30 per share. This compares with a net loss of approximately $336,000, or $0.03 per share, for the comparable period in 2007.
27 Wormwood street
Boston, MA 02210-1625
United States - Map
Phone: 617-737-0930
Fax: 617-737-0924
Web Site: http://www.nmtmedical.com
DETAILS
Index Membership: N/A
Sector: Healthcare
Industry: Medical Instruments & Supplies
Full Time Employees: 118
BUSINESS SUMMARY
NMT Medical, Inc., a medical technology company, engages in the design, development, manufacture, and marketing of proprietary implant technologies that allow interventional cardiologists to treat cardiac structural heart disease through minimally invasive, catheter-based procedures.
Technology Overview http://www.nmtmedical.com/technology.aspx?id=206
Its products primarily include CardioSEAL, a cardiac septal repair implant device used for the repair of structural heart disease and intracardiac shunts that result in abnormal blood flow through the chambers of the heart; STARFlex, which incorporates a self-centering system that allows the implant to self-adjust to variations in the anatomy of a septal defect without deforming the septum or interfering with heart valve function; and BioSTAR, a bioabsorbable PFO implant and biological closure technology.
The company also develops BioTREK, which incorporates a unique biosynthetic material that uses the body's own regenerative capability to restore function naturally.
NMT Medical's customers include hospitals, clinics, and other healthcare centers. It markets its product CardioSEAL through its direct sales force to customers in the United States and Canada; and CardioSEAL, STARFlex, and BioSTAR directly in European markets, as well as through selected distributors in the other parts of Europe. The company was founded in 1986 and is headquartered in Boston, Massachusetts.
NMT Medical is currently investigating the potential connection between a common heart defect that allows a right to left shunt or flow of blood through a defect like a patent foramen ovale (PFO) and brain attacks such as embolic stroke, transient ischemic attacks (TIAs) and migraine headaches. A common right to left shunt can allow venous blood, unfiltered and unmanaged by the lungs, to enter the arterial circulation of the brain, possibly triggering a cerebral event or brain attack. More than 27,000 PFOs have been treated globally with NMT's minimally invasive, catheter-based implant technology. NMT Medical was founded in 1986 and is headquartered in Boston, Massachusetts.
Stroke Opportunity
PFO has been implicated as a possible risk factor of embolic stroke and TIA, for which current treatments include lifelong drug therapy or open heart surgery. NMT estimates the worldwide market for stroke- and TIA-related PFO closure procedures at 250,000 annually.
Migraine Opportunity
Medical research suggests that PFO may be a factor in certain migraine headaches. Of the 30 million migraine sufferers in America, those who experience aura and have a PFO may represent up to a 1.5 million patient subset. This represents NMT’s U.S. target market.
KEY EXECUTIVES
Mr. John Ahern , 63
Chief Exec. Officer, Pres
Mr. Richard E. Davis , 49
Chief Financial Officer, Principal Accounting Officer, Exec. VP and Sec.
Mr. Brad Ryno ,
VP of Worldwide Sales
Mr. Geoff Fournie ,
VP of Clinical Devel. for Europe
Shares
12.97 m
Float
12.6 mil
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