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VERY LITTLE SHARES LEFT
We do need the flippers to drive this higher they have to buy high and sell higher. They are flipping between themselves and then we get some longs to buy and some take profit. All in all the shares are shrinking
DOGMA
JAN-AS-ART that is right your pic does speak
a 1 million works love your pic
DOGMA
HAZENEX I guess I'm GREEDY
Still holding 7 mil
DOGMA
CHAOS13 very true
GO MMTCH
DOGMA
I DON'T KNOW WHY FOLKS SELL
There is way to much buying power
Stocks trade on the future not the present
TRADING SCHOOL 101
DOGMA
Buy THE DIPS AND HOLD
You will be chasing this
The hold is very thin and I mean very thin
DOGMA
RAYMN that is true but
If you read the specs on the MIT 1000 it is stated that it can cut the culturing time in half and 8 hours on some bacteria. This is what I'm saying that the time factor is a big big selling point. You only need a very small sample.
DOGMA
Question for any healthcare workers
How long does it take to get a test back for varies type of staphylococcus bacteria. I remember when my father inlaw was on his death bed and we had to wait 2 to 3 days for the lab test to get back so the doctor knew what type of staphylococcus bacteria to treat from his surgery. Thank God he lived, but I remember sitting there and we couldn't do anything and he kept getting worse. Just think what the MIT 1000 could do in hospitals and clinics you would cut the 2 to 3 days results down to 8 hours. This will be in every Hospital and Clinic.
DOGMA
ALL PR HAS BEEN EPIC waiting for MMTC
It is coming SOON!!!!!!
DOGMA
NO MORE SHARES LEFT you have to pay
Very thin Very Thin
DOGMA
Info for Newbie
This was from last week so the float is probably alot smallerFLOAT
TOTAL 261 MIL
INSIDERS 103 MIL
LONGS 101 MIL
Dont know what the count is for Longs, but will start a new one when it settles down
Float around 50 mil
That is why MMTC insiders do not want to tap that 5 mil financing deal with Dutchess at the current PPS. The deal is based on the avg PPS from the previous 5 trading days. They would be deluting their own shares. They will not be tapping that DUTCHESS financing until above .06 as stated in my email below from them last year in August. Something big is brewing.
Email from MMTC
I posted this on July 22 2011
I'M BACK DOGMA
Hello folks it has been about a year since I have been on this board. Some of you remember me and for those who don't while HELLO
I got in at .06 and rode it to .02 then got out and in the process lost alot of money. Now I have been buying again.
You may ask why am I crazy, maybe.
Okay this is what caught my attention the S1 Filing by MMTC which was to tap some of the 5 million financing put up by Dutchees. Read my email from John a year ago explaining why they could't tap the 5 million. BIG NEWS IS COMING to drive up the volume and PPS in order for Dutchess to dump though 40,000,000 shares. Are you guys following me. There is no way in hell they would try to dump those 40 million shares now at the price and volume plus it wouldn't be 40 million it would be like 160 million based on todays PPS. If they were to dump those shares it would drive the PPS below .0001 and not even come close to getting that $160,000. Below is part of the email and if you check my previous post I think I posted the email message a year ago
DOGMA
XXXXX, sorry for not understanding your question. We have not been contacted by major media channels as of yet, but suspect we will once we get some traction.
XXXXX, Emily is “spot on” in her summary of testing within the dairy plant……….disposal of the bacteria is the problem. Only those companies that can afford to build a lab that is separate from their “production” do their own testing and even they also send a portion to outside labs for confirmation. So, contract labs in addition to the food processors are target customers for us. It would be better for us to talk with their contract lab instead of them.
The Dutchess equity draw down Agreement is very dependent on stock price and volume. We can only draw down cash based upon a portion of stock that they can sell. The actual formula is share volume*price*0.95. So at our current $.025 cent price, they would need to sell an average of 2M shares / day over a 10 day period for us to get $47.5K. Presently, our volume is about 200K/day, so this translates into about $9.5K/month. Our goal is to get our stock to upwards of 6 cents and our volume to 500K that would net us about $57K / month. We can draw down up to $5M given the aforementioned formula. So, this contribution is part of the $2.5M discussed. You should be able to get the details of the Dutchess Deal in our recently filed 10Q or by going to the SEC site for MMTC. If not, let me know and I will direct to the exact place.
Thanks again for your interest and support.
Best regards,
John
IDENTIFICATION UNLIMITED
This device could be used for where ever bacteria is tested. Below is an email from John at MMTC. The email is from last August.
Sent: Friday, August 20, 2010 7:38 PM
To: 'info@micro-identification.com'
Subject: So can the MIT 1000 identify the quantity of bacteria in a sample
Hi
I’m a shareholder of the MMTC and a question came up that I never thought of from one of your Distributors. Basically the distributor said once the MIT 1000 can identify the quantify of bacteria in the sample then it would be a wanted device in his country. So can the MIT 1000 identify the quantity of bacteria in a sample?
Thanks
xxxxx
Hi xxxxxx, thanks for your interest in MIT and the MIT 1000 System.
The MIT 1000 does not quantify, it identifies. However, it can be used in the same way microbiologists determine quantification today through iterative dilution techniques. Quantification is desired in some applications to determine the severity of the contamination. For example, in the drinking water market, satisfactory water can have small levels of specific types of bacteria or other microorganisms present. This is not true in food safety that is MIT’s primary market.
However, the Quantification feature can be designed into the MIT 1000 and is in the R&D plans for the Product.
Sincerely,
John
John Ricardi
EVP & COO
Micro Identification Technologies, Inc.
Direct
Tel: 805-604-0887
Fax: 805-604-0787
Cell: 805-368-1117
Office
Tel: 949-485-6000
Fax: 949-485-6005
970 Calle Amanecer
San Clemente, CA 92673
www.micro-identification.com
THE EPIC DEAL
MORE INFO
This was a post from VINWIN who is also a longtime holder. We were discussing the EPIC deal.
DOGMA, the EPIC agreement’s timing
… PLUS the timing of the Dutchess S-1 for 40 million shares, PLUS the expected delivery of production units from OSIS, PLUS the BIOTEK commitment “to accepting five MIT 1000 Systems by late summer,” seems to be consistent with the company gearing up financially for a big product launch.
The EPIC Financial Network you cited talks about Qualified Regulation-A offering sold in a private sale to a limited number of investors. IMO, this could be existing insiders or investors EPIC knows wanting to invest at this pivotal time.
Remember, the total Authorized Shares (A/S) are only 500 million (not billions), and the current O/S is 300 million. So, crazy dilution is not going to happen, but they may use some part of the current A/S less the current O/S (200 million) in this private placement.
Just guessing, but there is too much financing activity going on for there not to be a major development soon.
Others on the board: What do you think???
Micro Imaging Technology, Inc. (MMTC) Stock Trading Info:
I posted this back in Sept of 2010
Firs
TESTING
"MMTC has several distinguished users, including the U.S. Department of Agriculture, Japanese Ministry of Food Safety, University Putra Malaysia and several local contract bioscience testing laboratories"
This is what happens when testing new technology you find testers to test and evaluate the new technlogy for a time period. The MIT 1000 was probably given to the above users for free and in return they provide crutial feed back. The MIT engineers take this crutial info and make enhancements to the technoloy. The product is now ready for mass production as prodvided by the PR. This is text book.
REVENUE SOURCES
The revenue sources are unlimited I will just list a few
1. contract labs
2. food processing plants
3. Government Agencies
4. Hospitals
5. Clinics
6. Water treatment plants
7. City Agencies
8 Pharmaceuticals
9. On and on and on Whatever you can think of for testing Bacteria.
OTHER REVENUE
1. Testing supplies used with the MIT1000
2. Since this can be used to identify anykind of bacteria from the Database of bacteria. You sell each bacteria identification for a price.
3. Maintenance agreement
4. Software upgrade
5. Bacterial annual fees
6. on and on and on DOGMA
BUY ON THE DIPS AND HOLD!!!
There is hardly any float left.
The deal with EPIC is only for healthcare. MMTC has been targeting the FOOD industry. Expect big news from MMTC about the food industry.
HOLDING FOR 7 DIGITS
DOGMA
CAN I BRAG
I'm over 6 digit of profit with my 7 mil avg cost .0015
DOGMA
MAN I FEEL SORRY FOR THOSE THAT SOLD
NOT!!!!!!!!!!!!!!!!
DOGMA
BUY ON THE DIPS AND HOLD
We haven't got any news from MMTC
NEWS IS A COMING
do not get caught with your pants down
DOGMA
ALL PR ARE FROM EPIC
WAIT FOR THE JUICEY ONE FROM MMTC COMING SOON!!!!!!
DOGMA
THEY DO NOT PROMOT
listen to the webinar
Listen to the question and answer part in there I ask about PR and they answered it
Actual facts and emails from last year
Background: I'm a software engineer both of my bothers work for GRASSLAND BUTTER "grassland.com" and my Mom works for North Hendren Cheese Co-op. At first I didn't understand the process and as you will see from my first emails I was a little bit off on the processes. I thought this would be great for Grassland, but as John explained it more for actual labs that do the testing and not the dairy plants.
Last year when I was doing my DD work on MMTC I asked my Mom and brothers to give me some insight on testing for bacteria. Neither plants do their own testing as you will see from the email messages.You will see John explaining to me that he should be talking to the contract labs and not them. MMTC are targeting contract labs. The total time to culture and process a bacteria is 2 to 3 days. Now with the MIT it is around 8 hours that is including the culturing of the bacteria. So let say contract lab has one of these MIT 1000 and are able to produce results in 8 hours where before it was 2 to 3 days and at half the cost.
If I was a cotract lab that would be my selling points. Once one lab uses the MIT 1000 other will have to follow. This will catch on like wild fire.
So start with the reading from the bottom up
If you have any question just post them
Thu 10/7/2010 8:22 AM
xxxxx, I composed this last week, but it looks like I never sent it. Please accept my apologies.
xxxxx, she is somewhat right and not quite right.
When the laser light hits a bacterial cell, it penetrates the cell. So the light scattering intensities are a result of the size, shape and morphology of the bug. These are collected by 35 sensors surrounding the sample vial. We create a signature after running over 100K bugs of the same species through our device and then store this information in a database. During operation the Sample light scattering pattern is compared to the “signature” information in our database. If a match exists, an ID occurs.
She is correct about any “hit” needing confirmation before an alert or recall is made and we do require plating to obtain a colony. Our device is best suited as a “confirming” device, since the bacteria causing the hit can be easily re-plated to get a result and it would be a single colony. We also agree that using bacteria specific agar would be beneficial to increasing the overall speed to get a result.
This topic is too complex to deal with in this webinar as it is a Webinar topic all by itself. We would be happy to take the time to discuss this with you on a separate basis.
Thanks,
John
John Ricardi
EVP & COO
Micro Identification Technologies, Inc.
Direct
Tel: 805-604-0887
Fax: 805-604-0787
Cell: 805-368-1117
Office
Tel: 949-485-6000
Fax: 949-485-6005
970 Calle Amanecer
San Clemente, CA 92673
www.micro-identification.com
xxxxx, sorry for not understanding your question. We have not been contacted by major media channels as of yet, but suspect we will once we get some traction.
xxxxx, Emily is “spot on” in her summary of testing within the dairy plant……….disposal of the bacteria is the problem. Only those companies that can afford to build a lab that is separate from their “production” do their own testing and even they also send a portion to outside labs for confirmation. So, contract labs in addition to the food processors are target customers for us. It would be better for us to talk with their contract lab instead of them.
The Dutchess equity draw down Agreement is very dependent on stock price and volume. We can only draw down cash based upon a portion of stock that they can sell. The actual formula is share volume*price*0.95. So at our current $.025 cent price, they would need to sell an average of 2M shares / day over a 10 day period for us to get $47.5K. Presently, our volume is about 200K/day, so this translates into about $9.5K/month. Our goal is to get our stock to upwards of 6 cents and our volume to 500K that would net us about $57K / month. We can draw down up to $5M given the aforementioned formula. So, this contribution is part of the $2.5M discussed. You should be able to get the details of the Dutchess Deal in our recently filed 10Q or by going to the SEC site for MMTC. If not, let me know and I will direct to the exact place.
Thanks again for your interest and support.
Best regards,
John
________________________________________
From: xxxxxxxxxxxx
Sent: Wednesday, September 29, 2010 8:32 PM
To: 'John Ricardi'
Subject: FW: Address the following in your Webinar.
John
I listened into your webinar and it was very exciting. I placed a couple of questions and the CEO answered them, but I probably was a little bit general in one questions when I asked about media contacting MIT. I was referring to National Media like Fox, Nbc, cnbc, MSN, or major papers or magazines. So could you please address if you have been contacted by any major News or Paper Media if so which ones? I also sent you an email below regarding the questions posed by quality and control department at Grassland Butter. Could you explain to me how the MIT 1000 could be used in the Dairy Industry so I can pass it onto Grassland Butter. As you can see from the emails below they think that it would not work in their environment and being I’m no expert on the subject could you summit comment on the subject.
One more thing in the Webinar you stated that you need another 2 to 3 million in funding is that in addition to the already 5 million agreement with Dutchess?
Thanks
xxxxxxx
From: xxxxxxxxxx
Sent: Monday, September 27, 2010 10:51 AM
To: 'John Ricardi'
Subject: Address the following in your Webinar.
John
I attached emails that I have been in contact with Grassland Butter (Grassland.com). One of the largest butter producing planet in America. Both of my bothers work for Grassland. Read through the emails and you will see there is some good questions, concerns or misinformation. If you could address them in your webinar I think would be great. I highlighted the response from Emily who works in quality control for Grassland.
From: Emily
Sent: Monday, September 20, 2010 2:59 PM
To: xxxxxxx
Subject: RE: Emailing: MIT%201000%20System%20Overview%202-10
The performance of the method has been validated by the AOAC Research Institute’s Performance Tested Methods (AOAC RI PTM), so it does work as stated by reading the light intensity (brightness) of the reflection that is given off by the bacteria when the laser beam hits it, with each bacteria giving off a different intensity/reflection. The only problem is that you still need to plate the sample, and then from the bacteria that grow on the plate, take a colony and put into the sample vial to get a result.
It would have limitations in our current lab set-up and wouldn’t be beneficial. We use a standard plate count agar which pretty much grows everything, so to take one colony off a plate to see if it pathogenic would be a shot in the dark. And let’s say it is pathogenic, you would still want it confirmed with an outside laboratory which still takes time. We would want to use a selective agar and we are not set-up for pathogens.
Emily
From: xxxxxxxxxxxxx
Sent: Monday, September 20, 2010 8:38 AM
To: 'Emily
Subject: Emailing: MIT%201000%20System%20Overview%202-10
Emily
Can you look this over and tell me what you think. My brother has bought some stock in this type of detection and he is asking what our opinion is. I do not see how it works. It looks a little suspicious.
From: xxxxxxx
Date: Fri, 24 Sep 2010 20:26:02 +0000
To: xxxxxxxx
Subject: RE: Check this out
Thanks
Is it possible for Emily to join in on the Webinar on Sept 29th. I need somebody with some insight on what they are talking about and if the MIT 1000 would be Beneficial in the real world
From: xxxxxxxxxxx
Sent: Friday, September 24, 2010 6:41 AM
To: xxxxxxxxx
Subject: RE: Check this out
xxxxxx,
We do not and most other Dairy plants (99%) do not do any pathogen culturing at their plant. They send the sample in to an outside lab to be cultured and read. FDA prohibits Dairy plants from culturing pathogens (harmful Bacteria) in their plant. The reason for this is because you are actually growing a live bacteria that is harmful and what do you do with it after the test. How do you control discarding of it. How do you prevent the lab techs from getting it on their clothes and transferring it around the plant. This is why we do not grow bacteria in our labs.
Emily is gone to a wedding in Alabama she will be back on Monday. She has not heard from her colleges, but at the wedding she will be talking to them.
Thank you,
xxxxxxxxxx
Plant Manager
Grassland Dairy Inc.
From:xxxxxxxxx
Sent: Wednesday, September 22, 2010 10:08 PM
To: xxxxxxxxxx
Subject: RE: Check this out
xxxxxx
The .50 cultured cost is the first step. Then does Grassland have to send it into a lab to have it analyzed for bacteria? What is the cost and time to get the results back from the labs? How often do you have to send culture test to a lab? The MIT 1000 would replace the need for sending your culture to a professional laboratory for analyzing. Your total cost would be if you had a MIT 1000 would be about $.60. $.50 + $.10 = $.60. MIT 1000 claims that it can identify a bacteria under 8 hours that is including culturing time. What is your culturing time and how long before you get results back from the labs? Today standards are 2 to 4 days. Do you see how this can be beneficial dramatically reducing cost and time? Let’s say that the MIT 1000 identifies a bacteria under 8 hours, you would be able to stop shipment instead of doing a major recall which would results in huge cost and bad press. Then you would send the results onto a laboratory to confirm the results found by the MIT 1000. Is my thinking out of line? I’m not an expert in the Food processing, and I need somebody from the food processing world to explain the process of testing for bacteria and if my conclusion are correct. MMTC are having a Webinar on Sept 29th and I don’t know what time, but they will answer questions and give an summary what is going on.
xxxxxx
From: xxxxxxxxxx
Sent: Monday, September 20, 2010 3:54 PM
To: xxxxxxx
Subject: RE: Check this out
xxxxx,
Looked into it and did find that the AOAC (regulates all food testing equipment) does acknowledge the claims they say. The MIT is only approved for one bacteria at this time. Our lab and the consensuses of other dairy plants was there is no advantage to having the testing equipment. One would still have to prepare the sample and culture it to grow before testing. The MIT only reads the bacteria before you can see it with a naked eye or a standard microscope. Our cost of preparing cultured slides would be approximately .50. I still do not understand where the .10 cent cost comes in. The only thing I can see what the MIT does is able to read and Identify the bacteria more accurately after you have done all of the work to prepare the slide. In our application we would not need something like this, but maybe in the big labs they would use these machines. If the machine was able to take a sample of a product and detect whether or not there was bacteria in it without culturing the sample to see if it would grow would be ideal.
Thank you,
xxxxxxx
Plant Manager
Grassland Dairy Inc.
From: Willie Lucas [mailto:misdirector@badriver-nsn.gov]
Sent: Monday, September 20, 2010 8:52 AM
To: 'Kevin Lucas'
Subject: RE: Check this out
Let me know.
From: xxxxxxxxx
Sent: Monday, September 20, 2010 8:41 AM
To: xxxxxx
Subject: RE: Check this out
xxxxx
I have my Quality Department looking into today. They are calling a few different labs across the country to see what they think or if they have heard of it.
Thank you,
xxxxxxxxx
Plant Manager
Grassland Dairy Inc.
From: xxxxxxxxxx
Sent: Sunday, September 19, 2010 9:32 PM
To: xxxxxxxxx
Subject: RE: Check this out
Did you take a look at the web link? What is your turn around when you send a sample to the lab and cost. This appliance can identify some bacteria under 8 hours for a cost of .10. Since you work in the food processing planet what is your professional opion on the MIT 1000? Would this be cost effective for Grassland? I think they are selling the unit for $30,000 and they just came out of development stage and are now going into mass production of the MIT 1000. The USDA has used the MIT 1000 over the past 2 years and a couple of test site. It has over a 98% identification score beating even human identification. I just need to know from somebody that actually work in the food business if this is a good investment. I have over 750,000 shares at .02 cents which isn’t much. So what do you think. I think this thing is going to take off.
xxxxxxx
From: xxxxxxxx
Sent: Sunday, September 19, 2010 8:50 PM
To: xxxxxxxxx
Subject: Re: Check this out
Hey xxxxxx
The reason food companies do not test for pathogens, such as E coli, Staph, Listeria and others is because you actually have to grow the pathogen and the lab you are using to grow the pathogen can not be connected to the food processing plant nor can you have the same people working in both places. We would be interested in rapid detection.
xxxxx
________________________________________
From: xxxxxxxxx
Date: Sun, 19 Sep 2010 23:28:56 +0000
To: xxxxxxxx
Cc: xxxxxxx
Subject: Check this out
xxxxx
How often do you test for e-coli or any type of bacteria? What is your annually cost for testing. I’m invested in this company called Micro Identification Technologies. Below is a summary and let me know what you think since you are in the food industry. Check out the their web page www.micro-imaging.com
The MIT 1000 from Micro Identification Technologies (www.micro-imaging.com (MIT) is a laser-based, microbial rapid identification system capable of identifying 23 different species of pathogenic bacteria – just minutes after culturing. Due to the small sample volume required, culture time is also reduced by up to 50% compared to standard testing procedures. In most cases, results can be obtained in as little as eight hours from the time the culturing process begins.
The value of this system is high when compared to other testing methods. The cost per test (after culturing) is estimated to be approximately ten cents*, compared to an average rapid identification cost of $2.85
Testing IDENTIFICATION
LIBRARIES SPECIES
Bacillus
Cereus
Subtilis
Enterobacter aerogenes
Enterococcus faecalis
Escherichia
Coli
coli O157:H7
Klebsiella pneumonia
Kocuria rhizophila
Listeria spp
Proteus
Mirabilis
Vulgaris
Pseudomonas aeruginosa
Salmonella
Choleraesuis
Typhi
Typhimurium
Shigella
boydiiserotype 1
flexneri serotype 1A
sonnei
Staphylococcus
aureus
aureus (Methicillin resistant)
epidermidis
Streptococcus pyogenes
Yersinia ntercolitica
From: John Ricardi [mailto:jricardi@hi-tch.com]
Sent: Sunday, August 22, 2010 11:23 PM
To: xxxxxxxx
Subject: RE: So can the MIT 1000 identify the quantity of bacteria in a sample
Hi xxxxx, thanks for your interest in MIT and the MIT 1000 System.
The MIT 1000 does not quantify, it identifies. However, it can be used in the same way microbiologists determine quantification today through iterative dilution techniques. Quantification is desired in some applications to determine the severity of the contamination. For example, in the drinking water market, satisfactory water can have small levels of specific types of bacteria or other microorganisms present. This is not true in food safety that is MIT’s primary market.
However, the Quantification feature can be designed into the MIT 1000 and is in the R&D plans for the Product.
Sincerely,
John
John Ricardi
EVP & COO
Micro Identification Technologies, Inc.
Direct
Tel: 805-604-0887
Fax: 805-604-0787
Cell: 805-368-1117
Office
Tel: 949-485-6000
Fax: 949-485-6005
970 Calle Amanecer
San Clemente, CA 92673
www.micro-identification.com
________________________________________
From: xxxxxxxxxxx
Sent: Friday, August 20, 2010 7:38 PM
To: 'info@micro-identification.com'
Subject: So can the MIT 1000 identify the quantity of bacteria in a sample
Hi
I’m a shareholder of the MMTC and a question came up that I never thought of from one of your Distributors. Basically the distributor said once the MIT 1000 can identify the quantify of bacteria in the sample then it would be a wanted device in his country. So can the MIT 1000 identify the quantity of bacteria in a sample?
Thanks
xxxxxx
BANKSHOT nothing against you
I do like some of your post and there is always two sides to a story. But I have to say the Bardot LX2000 I can not find any current information on the device. How do they sell their device it can't be through the web because it isn't current. Plus they don't have any certifications.
DOGMA
w
PLEASE PROVIDE ACTUAL FINANCIALS
Est. 180,000
Come on Bankshot you can do better then that I need actual financials documents that have been filed by a Certify Accountant. Even MMTC provides Financials not pretty right now but they file.
DOGMA
BANKSHOT PLEASE provide financial for BARDOT
I would like to see where you got that info since it isn't posted on their web.
BANKSHOT here is one for you
I have read you BARDOT device article actually I read it last year in May 2010 when doing my DD on MMTC look at the date on the link to the article The article is dated from 2010/01 www.medcitynews.com/2010/01/indiana-startup-raises-444k...
When I compare Competition I look at web pages. You can tell alot by web page design and info on web pages. So lets compare the 2
http://advancedbioimagingsystems.com/
http://www.micro-imaging.com/
1. Are they current with news.
advancedbioimagingsystems.com = NO "I know cause I read the same thing last year in May 2010"
http://www.micro-imaging.com/ = YES
2. list certifications
http://advancedbioimagingsystems.com/= NO "to get certification for one bateria is around $160,000
http://www.micro-imaging.com/ = YES
DOGMA
BANKSHOT read the following
I posted this back in Sept of 2010
"MMTC has several distinguished users, including the U.S. Department of Agriculture, Japanese Ministry of Food Safety, University Putra Malaysia and several local contract bioscience testing laboratories"
This is what happens when testing new technology you find testers to test and evaluate the new technlogy for a time period. The MIT 1000 was probably given to the above users for free and in return they provide crutial feed back. The MIT engineers take this crutial info and make enhancements to the technoloy. The product is now ready for mass production as prodvided by the PR. This is text book.
Float around 50 mil
That is why MMTC insiders do not want to tap that 5 mil financing deal with Dutchess at the current PPS. The deal is based on the avg PPS from the previous 5 trading days. They would be deluting their own shares. They will not be tapping that DUTCHESS financing until above .06 as stated in my email below from them last year in August. Something big is brewing.
Email from MMTC
I posted this on July 22 2011
I'M BACK DOGMA
Hello folks it has been about a year since I have been on this board. Some of you remember me and for those who don't while HELLO
I got in at .06 and rode it to .02 then got out and in the process lost alot of money. Now I have been buying again.
You may ask why am I crazy, maybe.
Okay this is what caught my attention the S1 Filing by MMTC which was to tap some of the 5 million financing put up by Dutchees. Read my email from John a year ago explaining why they could't tap the 5 million. BIG NEWS IS COMING to drive up the volume and PPS in order for Dutchess to dump though 40,000,000 shares. Are you guys following me. There is no way in hell they would try to dump those 40 million shares now at the price and volume plus it wouldn't be 40 million it would be like 160 million based on todays PPS. If they were to dump those shares it would drive the PPS below .0001 and not even come close to getting that $160,000. Below is part of the email and if you check my previous post I think I posted the email message a year ago
DOGMA
XXXXX, sorry for not understanding your question. We have not been contacted by major media channels as of yet, but suspect we will once we get some traction.
XXXXX, Emily is “spot on” in her summary of testing within the dairy plant……….disposal of the bacteria is the problem. Only those companies that can afford to build a lab that is separate from their “production” do their own testing and even they also send a portion to outside labs for confirmation. So, contract labs in addition to the food processors are target customers for us. It would be better for us to talk with their contract lab instead of them.
The Dutchess equity draw down Agreement is very dependent on stock price and volume. We can only draw down cash based upon a portion of stock that they can sell. The actual formula is share volume*price*0.95. So at our current $.025 cent price, they would need to sell an average of 2M shares / day over a 10 day period for us to get $47.5K. Presently, our volume is about 200K/day, so this translates into about $9.5K/month. Our goal is to get our stock to upwards of 6 cents and our volume to 500K that would net us about $57K / month. We can draw down up to $5M given the aforementioned formula. So, this contribution is part of the $2.5M discussed. You should be able to get the details of the Dutchess Deal in our recently filed 10Q or by going to the SEC site for MMTC. If not, let me know and I will direct to the exact place.
Thanks again for your interest and support.
Best regards,
John
IDENTIFICATION UNLIMITED
This device could be used for where ever bacteria is tested. Below is an email from John at MMTC. The email is from last August.
Sent: Friday, August 20, 2010 7:38 PM
To: 'info@micro-identification.com'
Subject: So can the MIT 1000 identify the quantity of bacteria in a sample
Hi
I’m a shareholder of the MMTC and a question came up that I never thought of from one of your Distributors. Basically the distributor said once the MIT 1000 can identify the quantify of bacteria in the sample then it would be a wanted device in his country. So can the MIT 1000 identify the quantity of bacteria in a sample?
Thanks
xxxxx
Hi xxxxxx, thanks for your interest in MIT and the MIT 1000 System.
The MIT 1000 does not quantify, it identifies. However, it can be used in the same way microbiologists determine quantification today through iterative dilution techniques. Quantification is desired in some applications to determine the severity of the contamination. For example, in the drinking water market, satisfactory water can have small levels of specific types of bacteria or other microorganisms present. This is not true in food safety that is MIT’s primary market.
However, the Quantification feature can be designed into the MIT 1000 and is in the R&D plans for the Product.
Sincerely,
John
John Ricardi
EVP & COO
Micro Identification Technologies, Inc.
Direct
Tel: 805-604-0887
Fax: 805-604-0787
Cell: 805-368-1117
Office
Tel: 949-485-6000
Fax: 949-485-6005
970 Calle Amanecer
San Clemente, CA 92673
www.micro-identification.com THE EPIC DEAL
MORE INFO
This was a post from VINWIN who is also a longtime holder. We were discussing the EPIC deal.
DOGMA, the EPIC agreement’s timing
… PLUS the timing of the Dutchess S-1 for 40 million shares, PLUS the expected delivery of production units from OSIS, PLUS the BIOTEK commitment “to accepting five MIT 1000 Systems by late summer,” seems to be consistent with the company gearing up financially for a big product launch.
The EPIC Financial Network you cited talks about Qualified Regulation-A offering sold in a private sale to a limited number of investors. IMO, this could be existing insiders or investors EPIC knows wanting to invest at this pivotal time.
Remember, the total Authorized Shares (A/S) are only 500 million (not billions), and the current O/S is 300 million. So, crazy dilution is not going to happen, but they may use some part of the current A/S less the current O/S (200 million) in this private placement.
Just guessing, but there is too much financing activity going on for there not to be a major development soon.
Others on the board: What do you think???
Micro Imaging Technology, Inc. (MMTC) Stock Trading Info:
REVENUE SOURCES
The revenue sources are unlimited I will just list a few
1. contract labs
2. food processing plants
3. Government Agencies
4. Hospitals
5. Clinics
6. Water treatment plants
7. City Agencies
8 Pharmaceuticals
9. On and on and on Whatever you can think of for testing Bacteria.
OTHER REVENUE
1. Testing supplies used with the MIT1000
2. Since this can be used to identify anykind of bacteria from the Database of bacteria. You sell each bacteria identification for a price.
3. Maintenance agreement
4. Software upgrade
5. Bacterial annual fees
6. on and on and on
DOGMA
THE BIG PR WILL BE SALES AND BACKLOGS
COMING SOON
I have been following this company for more then a year
DOGMA
NOT FLIPPING I'M ADDING TO MY 6 mil
average in at .0015 NOW
DOGMA
TOOK 10 MINUTES TO GET FILLED ON 1 MIL
and that was on the market price I was asking
DOGMA
WHAT THE HELL IS GOING ON HERE!!!!
I didn't get my 2 mil filled at .005 You guys made me pay
up .0124 for a mil
Wish I didn't have a Job I would of loved to got in around .008
put me down for 7 mil
This stock is very strong right now I would not flip it
It is going to run to .05
MMTC LONG AND STRONG
DOGMA
Sorry to many zeros again
Will try to get in around .005
DOGMA
DING DING DING ROUND 2
Time to coil the spring again. We have to let the dust settle I'm buying on the dip to add to my 6 mil. All the PRs are planned. They will let this go down a little before releasing the next BIG PR. The charts are excellent we are in the uptrend and should continue the upswing. I just hope I can get in around the .0005s
DOGMA
Info for Newbie
FLOAT
TOTAL 261 MIL
INSIDERS 103 MIL
LONGS 101 MIL
Dont know what the count is for Longs, but will start a new one when it settles down
Float around 50 mil
That is why MMTC insiders do not want to tap that 5 mil financing deal with Dutchess at the current PPS. The deal is based on the avg PPS from the previous 5 trading days. They would be deluting their own shares. They will not be tapping that DUTCHESS financing until above .06 as stated in my email below from them last year in August. Something big is brewing.
Email from MMTC
I posted this on July 22 2011
I'M BACK DOGMA
Hello folks it has been about a year since I have been on this board. Some of you remember me and for those who don't while HELLO
I got in at .06 and rode it to .02 then got out and in the process lost alot of money. Now I have been buying again.
You may ask why am I crazy, maybe.
Okay this is what caught my attention the S1 Filing by MMTC which was to tap some of the 5 million financing put up by Dutchees. Read my email from John a year ago explaining why they could't tap the 5 million. BIG NEWS IS COMING to drive up the volume and PPS in order for Dutchess to dump though 40,000,000 shares. Are you guys following me. There is no way in hell they would try to dump those 40 million shares now at the price and volume plus it wouldn't be 40 million it would be like 160 million based on todays PPS. If they were to dump those shares it would drive the PPS below .0001 and not even come close to getting that $160,000. Below is part of the email and if you check my previous post I think I posted the email message a year ago
DOGMA
XXXXX, sorry for not understanding your question. We have not been contacted by major media channels as of yet, but suspect we will once we get some traction.
XXXXX, Emily is “spot on” in her summary of testing within the dairy plant……….disposal of the bacteria is the problem. Only those companies that can afford to build a lab that is separate from their “production” do their own testing and even they also send a portion to outside labs for confirmation. So, contract labs in addition to the food processors are target customers for us. It would be better for us to talk with their contract lab instead of them.
The Dutchess equity draw down Agreement is very dependent on stock price and volume. We can only draw down cash based upon a portion of stock that they can sell. The actual formula is share volume*price*0.95. So at our current $.025 cent price, they would need to sell an average of 2M shares / day over a 10 day period for us to get $47.5K. Presently, our volume is about 200K/day, so this translates into about $9.5K/month. Our goal is to get our stock to upwards of 6 cents and our volume to 500K that would net us about $57K / month. We can draw down up to $5M given the aforementioned formula. So, this contribution is part of the $2.5M discussed. You should be able to get the details of the Dutchess Deal in our recently filed 10Q or by going to the SEC site for MMTC. If not, let me know and I will direct to the exact place.
Thanks again for your interest and support.
Best regards,
John
IDENTIFICATION UNLIMITED
This device could be used for where ever bacteria is tested. Below is an email from John at MMTC. The email is from last August.
Sent: Friday, August 20, 2010 7:38 PM
To: 'info@micro-identification.com'
Subject: So can the MIT 1000 identify the quantity of bacteria in a sample
Hi
I’m a shareholder of the MMTC and a question came up that I never thought of from one of your Distributors. Basically the distributor said once the MIT 1000 can identify the quantify of bacteria in the sample then it would be a wanted device in his country. So can the MIT 1000 identify the quantity of bacteria in a sample?
Thanks
xxxxx
Hi xxxxxx, thanks for your interest in MIT and the MIT 1000 System.
The MIT 1000 does not quantify, it identifies. However, it can be used in the same way microbiologists determine quantification today through iterative dilution techniques. Quantification is desired in some applications to determine the severity of the contamination. For example, in the drinking water market, satisfactory water can have small levels of specific types of bacteria or other microorganisms present. This is not true in food safety that is MIT’s primary market.
However, the Quantification feature can be designed into the MIT 1000 and is in the R&D plans for the Product.
Sincerely,
John
John Ricardi
EVP & COO
Micro Identification Technologies, Inc.
Direct
Tel: 805-604-0887
Fax: 805-604-0787
Cell: 805-368-1117
Office
Tel: 949-485-6000
Fax: 949-485-6005
970 Calle Amanecer
San Clemente, CA 92673
www.micro-identification.com
THE EPIC DEAL
MORE INFO
This was a post from VINWIN who is also a longtime holder. We were discussing the EPIC deal.
DOGMA, the EPIC agreement’s timing
… PLUS the timing of the Dutchess S-1 for 40 million shares, PLUS the expected delivery of production units from OSIS, PLUS the BIOTEK commitment “to accepting five MIT 1000 Systems by late summer,” seems to be consistent with the company gearing up financially for a big product launch.
The EPIC Financial Network you cited talks about Qualified Regulation-A offering sold in a private sale to a limited number of investors. IMO, this could be existing insiders or investors EPIC knows wanting to invest at this pivotal time.
Remember, the total Authorized Shares (A/S) are only 500 million (not billions), and the current O/S is 300 million. So, crazy dilution is not going to happen, but they may use some part of the current A/S less the current O/S (200 million) in this private placement.
Just guessing, but there is too much financing activity going on for there not to be a major development soon.
Others on the board: What do you think???
Micro Imaging Technology, Inc. (MMTC) Stock Trading Info:
I posted this back in Sept of 2010
Firs
TESTING
"MMTC has several distinguished users, including the U.S. Department of Agriculture, Japanese Ministry of Food Safety, University Putra Malaysia and several local contract bioscience testing laboratories"
This is what happens when testing new technology you find testers to test and evaluate the new technlogy for a time period. The MIT 1000 was probably given to the above users for free and in return they provide crutial feed back. The MIT engineers take this crutial info and make enhancements to the technoloy. The product is now ready for mass production as prodvided by the PR. This is text book.
REVENUE SOURCES
The revenue sources are unlimited I will just list a few
1. contract labs
2. food processing plants
3. Government Agencies
4. Hospitals
5. Clinics
6. Water treatment plants
7. City Agencies
8 Pharmaceuticals
9. On and on and on Whatever you can think of for testing Bacteria.
OTHER REVENUE
1. Testing supplies used with the MIT1000
2. Since this can be used to identify anykind of bacteria from the Database of bacteria. You sell each bacteria identification for a price.
3. Maintenance agreement
4. Software upgrade
5. Bacterial annual fees
6. on and on and on
DOGMA
PERFECT STORM BRUING!!!!!!!
I posted this on Sunday
I'm the next fortune teller
and your fortune is MMTC
I haven't seen so many charts in the past 2 weeks ever on this stock. This means one thing we have tech traders on board and WELCOME to you. We need both Tech and Fundamental traders for a healthy stock to move up. Once we break that .005 early Monday morning the reversal trend will be confirmed and lookout. Expect a PR to get us through that resistance. Higher highs and higher lows.
This stock has never been pumped by outside source. I know for a fact cause I asked that question last year during their webinar. Check out the webinar on their web site. That is why this stock has went unnotice for so long. They do not beleive in pumping a stock.
DOGMA
5 billion market WAIT A MINUTE!!!!!
I post this on Sunday and you see EPIC is taping other revenue source. MORE TO COME
That is only the food industry.
Try over 100 billion and I'm only guessing. but revenue source is unlimited for this product
REVENUE SOURCES
The revenue sources are unlimited I will just list a few
1. contract labs
2. food processing plants
3. Government Agencies
4. Hospitals
5. Clinics
6. Water treatment plants
7. City Agencies
8 Pharmaceuticals
9. On and on and on Whatever you can think of for testing Bacteria.
OTHER REVENUE
1. Testing supplies used with the MIT1000
2. Since this can be used to identify anykind of bacteria from the Database of bacteria. You sell each bacteria identification for a price.
3. Maintenance agreement
4. Software upgrade
5. Bacterial annual fees
6. on and on and on
DOGMA
To many damn zeros flying by on L2
GO MMTC
DOGMA
I stand corrected
It was only 5G for 500,000
GO MMTC
DOGMA
SOME BIG DOGS were throwing down 50g
I seen a trade go down for 50g @.01 for 500,000 shares. We have some big eyes on this one. The float will get bought up quickly. People are moving from the Big Cap to pennyland where the DOW does not affect pennies stock.
DOGMA
I PREPARED MYSELF FOR THIS!!!!
last night I had my wife tie me down to keep me away from pushing the sell button. 6 mil strong and long
DOGMA
101 mil shares holding long 32 shareholders
If you have over 1 mil shares keep adding to the post if you plan to hold long.
FLOAT
TOTAL 261 MIL
INSIDERS 103 MIL
LONGS 101 MIL
Float around 50 mil
No inside selling and their avg PPS is .05
DOGMA
LINKS TO LAST YEAR WEBINAR
Remember this is from a year ago and everything they mention in this webinar seems to have happen or is happening. GREAT LITTLE VIDEO everybody should watch it. This is only one of many videos. Go to there web site to listen to there other videos. http://www.micro-imaging.com
Vortax I'm included the 40 mil from Dutchess
We don't know if they sold those shares but I'm guessing they did. If you read the Dutchess Financial agreement it is based on the avg of the previous 5 trading days. Either way you look at it 261 or 301 the float is very small and to get some shares is going to be impossible. I will correct my numbers of shares owned by insiders. GO MMTC
DOGMA
Little reading tonight for you all
101 mil shares holding long 32 shareholders
If you have over 1 mil shares keep adding to the post if you plan to hold long.
FLOAT
TOTAL 301 MIL
INSIDERS 150 MIL
LONGS 101 MIL
Float around 50 mil
That is why MMTC insiders do not want to tap that 5 mil financing deal with Dutchess at the current PPS. The deal is based on the avg PPS from the previous 5 trading days. They have already deluted 40 mil in the last S-1 filing. They would be deluting their own shares. They will not be tapping that DUTCHESS financing until above .06 as stated in my email below from them last year in August. Something big is brewing.
Email from MMTC
I posted this on July 22 2011
I'M BACK DOGMA
Hello folks it has been about a year since I have been on this board. Some of you remember me and for those who don't while HELLO
I got in at .06 and rode it to .02 then got out and in the process lost alot of money. Now I have been buying again.
You may ask why am I crazy, maybe.
Okay this is what caught my attention the S1 Filing by MMTC which was to tap some of the 5 million financing put up by Dutchees. Read my email from John a year ago explaining why they could't tap the 5 million. BIG NEWS IS COMING to drive up the volume and PPS in order for Dutchess to dump though 40,000,000 shares. Are you guys following me. There is no way in hell they would try to dump those 40 million shares now at the price and volume plus it wouldn't be 40 million it would be like 160 million based on todays PPS. If they were to dump those shares it would drive the PPS below .0001 and not even come close to getting that $160,000. Below is part of the email and if you check my previous post I think I posted the email message a year ago
DOGMA
XXXXX, sorry for not understanding your question. We have not been contacted by major media channels as of yet, but suspect we will once we get some traction.
XXXXX, Emily is “spot on” in her summary of testing within the dairy plant……….disposal of the bacteria is the problem. Only those companies that can afford to build a lab that is separate from their “production” do their own testing and even they also send a portion to outside labs for confirmation. So, contract labs in addition to the food processors are target customers for us. It would be better for us to talk with their contract lab instead of them.
The Dutchess equity draw down Agreement is very dependent on stock price and volume. We can only draw down cash based upon a portion of stock that they can sell. The actual formula is share volume*price*0.95. So at our current $.025 cent price, they would need to sell an average of 2M shares / day over a 10 day period for us to get $47.5K. Presently, our volume is about 200K/day, so this translates into about $9.5K/month. Our goal is to get our stock to upwards of 6 cents and our volume to 500K that would net us about $57K / month. We can draw down up to $5M given the aforementioned formula. So, this contribution is part of the $2.5M discussed. You should be able to get the details of the Dutchess Deal in our recently filed 10Q or by going to the SEC site for MMTC. If not, let me know and I will direct to the exact place.
Thanks again for your interest and support.
Best regards,
John
IDENTIFICATION UNLIMITED
This device could be used for where ever bacteria is tested. Below is an email from John at MMTC. The email is from last August.
Sent: Friday, August 20, 2010 7:38 PM
To: 'info@micro-identification.com'
Subject: So can the MIT 1000 identify the quantity of bacteria in a sample
Hi
I’m a shareholder of the MMTC and a question came up that I never thought of from one of your Distributors. Basically the distributor said once the MIT 1000 can identify the quantify of bacteria in the sample then it would be a wanted device in his country. So can the MIT 1000 identify the quantity of bacteria in a sample?
Thanks
xxxxx
Hi xxxxxx, thanks for your interest in MIT and the MIT 1000 System.
The MIT 1000 does not quantify, it identifies. However, it can be used in the same way microbiologists determine quantification today through iterative dilution techniques. Quantification is desired in some applications to determine the severity of the contamination. For example, in the drinking water market, satisfactory water can have small levels of specific types of bacteria or other microorganisms present. This is not true in food safety that is MIT’s primary market.
However, the Quantification feature can be designed into the MIT 1000 and is in the R&D plans for the Product.
Sincerely,
John
John Ricardi
EVP & COO
Micro Identification Technologies, Inc.
Direct
Tel: 805-604-0887
Fax: 805-604-0787
Cell: 805-368-1117
Office
Tel: 949-485-6000
Fax: 949-485-6005
970 Calle Amanecer
San Clemente, CA 92673
www.micro-identification.com
THE EPIC DEAL
MORE INFO
This was a post from VINWIN who is also a longtime holder. We were discussing the EPIC deal.
DOGMA, the EPIC agreement’s timing
… PLUS the timing of the Dutchess S-1 for 40 million shares, PLUS the expected delivery of production units from OSIS, PLUS the BIOTEK commitment “to accepting five MIT 1000 Systems by late summer,” seems to be consistent with the company gearing up financially for a big product launch.
The EPIC Financial Network you cited talks about Qualified Regulation-A offering sold in a private sale to a limited number of investors. IMO, this could be existing insiders or investors EPIC knows wanting to invest at this pivotal time.
Remember, the total Authorized Shares (A/S) are only 500 million (not billions), and the current O/S is 300 million. So, crazy dilution is not going to happen, but they may use some part of the current A/S less the current O/S (200 million) in this private placement.
Just guessing, but there is too much financing activity going on for there not to be a major development soon.
Others on the board: What do you think???
Micro Imaging Technology, Inc. (MMTC) Stock Trading Info:
I posted this back in Sept of 2010
Firs
TESTING
"MMTC has several distinguished users, including the U.S. Department of Agriculture, Japanese Ministry of Food Safety, University Putra Malaysia and several local contract bioscience testing laboratories"
This is what happens when testing new technology you find testers to test and evaluate the new technlogy for a time period. The MIT 1000 was probably given to the above users for free and in return they provide crutial feed back. The MIT engineers take this crutial info and make enhancements to the technoloy. The product is now ready for mass production as prodvided by the PR. This is text book.
REVENUE SOURCES
The revenue sources are unlimited I will just list a few
1. contract labs
2. food processing plants
3. Government Agencies
4. Hospitals
5. Clinics
6. Water treatment plants
7. City Agencies
8 Pharmaceuticals
9. On and on and on Whatever you can think of for testing Bacteria.
OTHER REVENUE
1. Testing supplies used with the MIT1000
2. Since this can be used to identify anykind of bacteria from the Database of bacteria. You sell each bacteria identification for a price.
3. Maintenance agreement
4. Software upgrade
5. Bacterial annual fees
6. on and on and on
DOGMA