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These are Just the TEASER PR
The big PR will come in August Also look for insider buying SEC filing coming out. Look at VINWIN, KGEM, and DOGMA posting and you will know why. It is all tied to the S-1 filing on Jul 1st.
DOGMA
JaneyH BK why!!!!!
Who are the major share holders? That right insiders. There is no way in hell they wuold file BK and lose all they have invested. Point number 2 is if they were going to file for BK why tap the 5 mil Dutchess financing now why not wait until after filing BK. If it don't make sense then it isn't true.
DOGMA
You are Right VINWIN
I didn't read through the S-1 filing with a fine comb and I don't know all the SEC termlnology, but I know something was up with the S-1 filing and my email from last fall. I'm glab I accumlated alot from July 1st to last Friday. I going to hold for awhile and enjoy the ride up. I bet more PR are going to follow and don't be surprise to see inside buying being filed to help the PPS to increase.
DOGMA
VINWIN good to see you DOGMA read the following
I jumped back into this stock after getting out of it last year at about this time (lost my ass). The reason I jumped backed in was the S-1 filing. I got an email from John last sept explaining why they couldn't tap the Dutchess financing. See below
VinWin can you explain the Prospectus filing. After looking the definition up there are 2 type a Prelimiary and a final Prospectus. I can't figure is this the Prelimiary or final. I'm thinking Prelimiary and the final will come later stating at what price and the amount of shares. I'm glad I been accumulating since Jul 1 and I made back what I lost and then some, but I"m still holding cause I think this was just the teaser PR the big one is coming. Like I stated last week that The reason why MMTC couldn't tap the Dutchess financing was because of the vol and PPS.
One more thing they are targeting the labs and the FDA that do all the bacterial testings. Think of this if your a lab and you can turn test out in 1/4 of the time and at a fraction of the cost. Do you think you would have leverage over other labs. Not only do MMTC get profit from the sale of the Product, but also receives revenue from the sales of the testing supplies and maintenence fees.
DOGMA
The below email was recieved last year in Sept
xxxx, 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
WELL WELL WELL
This is just the TEASER PR
Bigger PR to come.
Read my posts from last week and you will know why
DOGMA
It is like a line of Credit
It is a 5 mil line of credit, but it is based on the avg PPS of the previous 5 trading days. Which MMTC will receive 95% of the dollar amount. Dutchess can hold onto those shares or sell them. I'm not that fimiliar with the workings of the SEC filings. I want to know what price will or did Dutchess excute the PPS according to the Prospectus. I think the Prospectus filing was the primilairy and not the final. Once the final Prospectus is released we will know what PPS Dutchess excuted at and the amount. That is why I'm thinking Dutchess is walking down the PPS. I'm thinking big News is coming.
Dogma
Investopedia explains Prospectus
I didn't know what a Prospectuses was so I looked it up.
Now my question is which one is it the Preliminary or Final.
I'm thinking preliminary and that Dutchess hasn't received any of the 40 mil shares yet. So why is the PPS going down? Dutchess is manipulating the stock downward so when the final prospectus is release the PPS will be lower. Once Dutchess receive those 40 mil shares, based on the avg PPS of the previous 5 trading days, They will have 40 million shares at a discount and will dump those shares for a nice profit once the PR is released.
Now here is the problem the number of shares. In the S-1 it said MMTC will recieve $160,000 from the sale of those 40 million shares. Now which is it going to be $40,000 at the sale of 40 mil shares @.001 or $160,000 at the sale of 160 mil shares @.001. I don't know, if somebody with knowledge of the SEC filings could answer that question.
DOGMA
There are two types of prospectuses for stocks and bonds: preliminary and final. The preliminary prospectus is the first offering document provided by a securities issuer and includes most of the details of the business and transaction in question. Some lettering on the front cover is printed in red, which results in the use of the nickname "red herring" for this document. The final prospectus is printed after the deal has been made effective and can be offered for sale, and supersedes the preliminary prospectus. It contains finalized background information including such details as the exact number of shares/certificates issued and the precise offering price.
REFRESH EVERYBODY MEMORY
I will post my emails discussions with John and Grassland Butter and North Hendren Cheese "Grassland.com and Northhendren.com" Both of my Brothers work at Grassland Butter and My mom works at North Hendren Cheese. They have provided me with insight into the testing of bacteria. I have to go and cut grass now
Dogma
ysung can you provide me with that info
Ysung you said that they were drawing down on the 5 million how come there was no S-1 filing. Did the SEC change somekind of regulation. I'm no expert in the SEC filing. Maybe somebody can help us on this. Has MMTC been drawing down on the Dutchess financing?
Dogma
I think it is going to run up BIG
but Dutchess will be dumping those shares if not already. I have been accumulating since the S-1 was released. I have been buying more now since the effectiveness released. It does not make any sense WHY NOW. if they are going to file chapter 13 why not file now then tap the 5 million when the stock price is better. Why cause the major share holders have way to much invested.
Dogma
NICE TO SEE YOU YSUNG
I remember you from a year ago you were excited about this stock. You must of lost alot of money just like me. I don't blame anybody but myself and here I am again buying. Here is a question for Vinwin since he seems like the one who knows something about the SEC. How can we tell who Dutchess is selling the MMTC stock through? Is there someplace where we can view the sales of stock and which MM is selling them. If Dutchess is selling we should see a pattern of the same MM doing the dumping of the shares and not small amount either probably anything over 1 million shares. I think they are the one who is driving the price down. If they do dump all their shares for the $160,000 that will be well over 160 million shares "major delution". The question I keep asking myself is why now. Ysung said they are out of money maybe, but hear is the question why didn't they tap that 5 million financing deal a year ago when John told me in the email that the volume wasn't there and the PPS wasn't right. They got all the paper work done with the filing of the S-1 and S-1A. Now they are ready to realse the Big PR which now Dutchess can dump those shares. I think some folks who are buying now are thinking on the same line as me. That is why somebody bought 4 million shares yesterday for $6,000 it wasn't me.
Dogma
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
Research on WHY
The following was pulled from the 10k. They do not post their 4th quarter but revenue is around 180,000,000 The past 3 quarters tehy are averaging around 90,000,000. Why is the 4th quarter showing such a large revenue. It is because of the QAF They must reported it all in the 4th quarter. The QAF is a payment from the state of Cal. We need clarification on the QAF isn't going to continue I know it ends June 30 2011, but they are receiving another 31 million from QAF. After June 30th What then.
NET OPERATING REVENUES - Net operating revenues for the year ended March 31, 2011 increased 19.4% compared to fiscal year 2010, from $383.4 million to $457.8
million. Net operating revenues for the year ended March 31, 2011 included QAF payments received from the State of California totaling $87.2 million and a lump sum
distressed hospital fund payment of $450. Net operating revenues for the year ended March 31, 2010 included a lump sum amendment to the CMAC agreement for $3.0 million
and $2.3 million received by PCHI in a settlement with a third party for additional back rent. If the QAF payments and one-time lump sum payment noted above are excluded,
net operating revenues for fiscal year 2011 were $10.9 million, or 3.2%, lower than fiscal year 2010 primarily due to a decline in admissions. Admissions for the year ended
March 31, 2011 decreased 9.7% compared to fiscal year 2010. The decline in admissions is the combined result of lower obstetrical deliveries, psychiatric admissions, and
managed care contracts that have reached term and are pending renegotiation. Net operating revenues per admission improved by 32.3% during the year ended March 31, 2011
as a result of QAF payments, negotiated managed care and governmental payment rate increases. Based on average revenue for comparable services from all other payers,
revenues foregone under the charity policy, including indigent care accounts, for the years ended March 31, 2011 and 2010 were $9.2 million and $8.3 million, respectively.
NOTE 13 - SUBSEQUENT EVENTS (unaudited)
QAF - In May 2011, CMS approved the extension of the QAF (Note 11) for the six month period from January 1 through June 30, 2011.
Based on the most recent modeling prepared by the California Hospital Association, the Company anticipates making payments for provider fees and other expenses
relating to the QAF of approximately $15.8 million and receiving approximately $31.6 million in net revenues from the state ($18.1 million from the fee-for-service portion and
$13.5 million from the managed care portion). The Company paid a total of $15.1 million in provider fees and related expenses during May and June 2011. The Company
received $8.2 million in fee-for-service payments in May 2011 and anticipates receiving the remaining $9.9 million by August 2011. Managed care payments of $13.5 million are
expected to be received in August 2011. The Company expects to recognize the revenues and related expenses relating to the extension of the QAF once final approval from
CMS is received.
The Company cannot provide any assurances or estimates in connection with a possible continuation of the QAF beyond June 30, 2011.
We don't need a PR we got Blue
Nice Job Blue!!!!
Dogma
that is 20 million for the year not quarter
POWN trades at .18 see financials inside
I was just checking out other penny stocks and came across POWN which trades at .18, but check out their unaudit financials. It only shows how much IHCH is under value
Dogma
http://ih.advfn.com/p.php?pid=nmona&article=47571742
Speaking of Techincals
Not only does the fundamentals look good so does the techincals.
We have to hold .09 for support
about 2 years ago .09 was a resistance for awhile then it broke down.
We are not even close to being over bought.
Dogma
Blue PLease provide your reasoning on how we are buying debt. Last time I checked they had a profit from the 10k financials. When you purchase a stock you are buying everything not just the debt. Are you saying they are falsing their financial statments?
Dogma
Blue
I also was concerned about the risk, so I did some DD of other Hospital stocks like THC and HMA and found the same risk reported in their 10K. I've also checked previous 10q and found the same risk listed. Take it for what it is worth
Dogma
Book Value $0.56
Somebody check my Math I'm no damn CPA
Dogma
Comparing other Hospital stocks
I took a look at 2 other hospital stocks and after reading the risk factor, it seems all hospital has the same risk factor in their filings as does IHCH. The 2 hospital stocks I'm doing DD on are HMA and THC. I think IHCH is comparable to both in some aspect. I'm no accountant so can somebody else take a look at these other hospital stock and give their opion on how IHCH compare to HMA and THC. I know both have sales in the billions, but bottom line IHCH matches up pretty good. IMO
Dogma
After reading the 10K
I'm tired after that reading
Did they leave anything out? NOT!!!!
WOW you want to talk about extensive 10k report you will not find this kind of 10k report in pennyland. I got in at .088 with 20,000 shares. I wish I would of bought more, but I usually don't buy on impulse without DD but I'm glad I did. I just hope it goes down Monday cause I want to purchase more. I'm going to checkout other Hospital stocks and see if their 10k has the same general risk. I will keep you informed
Dogma
MMTC Check out MMTC message board for a stock play for the recent breakout of ECOLI in Europe. 80% of stocks owned by insiders. Low volume will bounce.
Dogma
MMTC Check out MMTC message board for a stock play for the recent breakout of ECOLI in Europe. 80% of stocks owned by insiders. Low volume will bounce.
Dogma
MMTC: Have you heard about the Ecoli breakout in Europe?
Check out MMTC. Get in Before The News is made public
Dogma
email from John
I sent John an email about the Webinar and a couple of questions about the MIT 1000 and Dutchess financing
It seemed Smitter was right about Dutchess having to sell their MMTC stock after purchasing from MMTC. The problem is that the volume and PPS is to low for MIT to draw down on. They have not drawn down any finance from Dutchess. Read below
Emily works at Grassland butter in Quality and Control Dept(Grassland.com) America's largest butter producting plant. I have contacted my bother who works for Grassland and he put me in touch with Emily who looked over the MIT 1000 and confirmed that it does work. Emily also was going to contact several labs that she works with to see what they think of the MIT 1000. I haven't heard back from her yet and will keep you in touch.
Dogma
EMAIL MESSAGE
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
Spread the News
If you know somebody that works at a lage finance or hedge fund institution drop them a word about the webinar. Curiosity is a great thing. I have a couple of laboratories that are curious about the MIT 1000 and will be listening in. They are very curious good or bad we will find out.
Dogma
Speculation guess?
I'm going to take a guess at why they moved up the webinar and it seemed urgant to get the information out. I think they want to start drawing down on the Dutchess Finance, but MMTC don't want to sell the shares to Dutchess around .02 causing more delution. I think their might be something in the webinar that may drive the PPS above .04. Why .04 cause that is the PPS that orginated in the Dutchess finance agreement. Well just wanted to get the juices flowin.
Dogma
Dutchess no restriction
In my email from the CEO he stated that Dutchess can sell their shares over the open market whenever with no restritions. Like I mention before that Dutchess are not going to sell their shares of MMTC anytime soon. They have an agreement with MMTC for 3 years and I think they will hold onto them shares until then and longer. The only way Dutchess would sell is if the Fundamentals have change.
Dogma
I like your Style VinWin
I started trading about 2 years ago and I love it. I do it as a hobby. I have found out patient and nervous of steel is a must when trading along with doing your homework.
Dogma
VinWin Thanks
So lets say MMTC request $100,000. Would they sell MMTC shares to Dutchess @ .04 as stated in the sec filing or would they sell the shares to them as stated in the agreement between MMTc and Dutchess taking the Weighted avg of the past 5 trading days. My next question is how does the selling of these Stocks to Dutchess affect PPS. I know delution, but I know Dutchess is not going to turn around and sell their newly aquired stock. So is there some kind of math formula the exchange uses to calculate the PPS when the quanity of stck increases for a company.
Dogma
VinWin Clearify
Could you please clearify the Dutchess Financing to us not so savy with the SEC filing.
Was there only one draw down on the $5,000,000 and that was for $440,000 11,000,000 shares @ .04 in May? That is why I don't understand What SMITTER is talking about that Dutchess would sell their shares below .02 when they purchased them at .04 am I missing something. I know Dutchess is hoping that MMTC would draw down more funds, so they can get in at these low PPS. Could you clerify what you mean by option "Puts".
Thanks
Dogma
Kgem another quesitons
Has any media sources contacted MMTC about the MIT 1000 and if so which ones?
Dogma
Kgem
Here is one more question.
Who is head of Marketing and what is his or her bio
Dogma
Dutchess aren't selling them
Why would Dutchess sell them at a loss?
Dogma
My GUNS are loaded!!!!
with MMTC shares
Dogma
SMITTER
do you still think PPS is going to fall below .02 support level?
I think there is a reversal happening.
Dogma
Yes
Read the Busness Summary. It is in there
Dogma
Summerization
1. Webinar later this month by The CEO
2. Production has or will start later this year
3. Backlog of 100 units of the MIT 1000 100 X $30,000 = $3,000,000 in Sales.
4. discussions have been initiated with one of the world’s largest food processors "I think it is Tyson"
5. The first Laboratory Alliance is expected to be
announced in early 2011
6. RECURRING REVENUE Maintenance Agreement, upgrades, renewal and ect When the client base grows so does the Recurring Revenue, the recurring revenue will count for 30% of MMTC gross revenue and there is very little cost involved.
Did I leave anything out?
Dogma
SMITTER did you get in?????
I know you were thinking that this might fall to .007 to .01, but as I said the .02 support was strong and I think there has been a
reversal and the uptrend has started. This uptrend will be confirmed once we break that .03 resistance. I know vinwin and smitter are old pros at this. What do you guys think???
Dogma