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Nice day MMTC !!
Insider buying, recent and copious amounts -No better sign imo ;) GO MMTC !
Hi Kalstone, yes the technology is cutting edge, add to that insider buying, solid BOD, a real product manufactured by OSIS, and a library of pathogens as well as 'cloud' technology...
imo .10 is very easily within reach MMTC
42's up !!!!
OSIS has the strongest reputation in the industry for acquiring the cutting edge technology in all of it's businesses... great team here!!!
Wonder if they have a new bun in the oven?
http://www.otcmarkets.com/stock/OSIS/chart
It's good to see you here Fronk ~ !! MMTC is a solid stock., I know you've been in and out and hope this week we see you back in, once the other play moves up that is ; )
Very nice crediendials for Mr Newhuis.,
this is very interestering in particular:
"to start and run an in-house private label finance company"
Gregg J. Newhuis
Mr. Newhuis brings over thirty years of equipment leasing, asset-based financing as well as commercial and retail banking experience to the Board. A 1981 graduate of Eastern Illinois University, he earned a Bachelor of Science degree with a major in Finance and minor in Economics.
Mr. Newhuis started his finance career in 1981 with Walter E. Heller & Co., working in the Municipal Finance and the Commercial Industries divisions. In 1987, he accepted a position with Phoenixcor Financial, a New York-based finance company, to open and manage an office for them in Hinsdale, IL. In 1991, Mr. Newhuis accepted an offer from Toshiba Machine Co., America (a seller of plastic injection molding machines, machine tools, aluminum die cast machines and robotic equipment) to start and run an in-house private label finance company. He currently continues to operate in this capacity.
Mr. Newhuis' banking experience dates back to 2001 when he was part of a group of eleven individuals that originated Advantage National Bank and Trust Company, N.A., a de novo bank located in Elk Grove Village, Il. In 2003, they successfully sold the bank to Wintrust Financial Corporation (Nasdaq:WTFC). Mr. Newhuis continues to serve on the surviving bank (Schaumburg Bank & Trust Company, N.A.) Board of Directors and more specifically on its Credit and Risk Committees.
Thank you Ofspring and good to see you !
To those that speak to the BOD - do we know if there will be a 'salesforce' or a call center for order placement? Or both?
AWESOME! Thank you TSTARK ;)
Looks like a winner Touch! Product, BOD, AOCA backing, insider buying, cross 200 MDA ... and I just learned about Obama's food safety act - best time ever to get in - MMTC good luck to all ;)
LOL As long as they stay for a while then yes !!!!
A glimpse at a pps projection estimate:
Using the following data, if MMTC were to gain a foothold of 5% of the $5,000,000,000.oo market share of the food safety industry:
Quote: 4/18/2011 PR
MIT is a California-based public company that has developed and patented a Rapid Microbial Identification System that revolutionizes the pathogenic bacteria recognition process and can annually save thousands of lives and tens of millions of health care dollars. The System identifies bacteria in minutes, not days, and at a significant per test cost savings when compared to any conventional method. It does not rely on chemical or biological agents, conventional processing, fluorescent tags, gas chromatography or DNA analysis. The process is totally GREEN requiring only clean water and a sample of the suspected bacteria. Revenues for all rapid testing methods exceed $5 billion annually -- with food safety accounting for over $3.5 billion, which is expected to surpass $4.7 billion by 2015 according to BCC Research. In addition, the recently passed "New" U.S. Food Safety Bill is expected to further accelerate the current annual growth rate of 6.6 percent. Further information is available at the Company's web site: www.micro-identification.com
$5,000,000,000.oo Market share, divide by 5% = $250,000,000.oo
$250,000,000.oo divide by OS of 2,000,000,000 = 0.125
Keep in mind that this industry is expected to grow very fast now with Obama's food safety act ;)
Great reads SGR thank you ! had no idea ;)
Hi Kalstone, that's a great picture thank you! I agree, the recurring charges for subscribers on just the library of pathogens will be nice source of income.
It may be a bit premature but I envision the day you can take your iPhone and swipe it over a cantaloupe and get a safe or a not safe message lol !!
Thanks SGR, I was not aware of this act -
As part of the FDA Food Safety Modernization Act (FSMA), signed by President Obama on January 4th, 2011, FDA's approach to food-borne illness is shifting from post-outbreak reaction, to early detection and prevention of contamination. As part of this new effort eLEXNET becomes the central food testing repository that will allow for the sharing of food testing data among various government agencies in a timely manner. This effort will provide a key tool in early detection of food related outbreaks.
Thanks SGR ~ I wonder what the BOD has planned for the general public directly - could there be a possibility that one day the general public also has access to a central database with all of the known foods/pet foods/baby foods the library? just a thought I guess ...
The cloud application alone is staggering for MMTC ;)
Thanks Dan ~ awesome news! Do you know if that is intended for use on smartphone application as well?
Any word about 'Cloud Based Technology' for MMTC?
Applications are endless...
http://www.unc.edu/courses/2010spring/law/357c/001/cloudcomputing/examples.html
Insiders buying millions of shares and accumulation still climbing!
Can't help but like MMTC more every day!!
Yes! MMTC is a life changing product - applications are endless .. amazing to be here!!
Seeing a very strong showing of insider buying for MIT 1000 as well ~ huge!
That is the verification smart money needs to see the connection ~
I like this part best:
“We are pleased to work with MIT as we feel their innovative
product will become a valuable tool to help prevent widespread bacterial contamination in the future,”
stated Manoocher Mansouri, OSIO’s President.
Love it RM ! I think word may be catching on regarding the
MIT 1000 device soon to be available .....
smart money is getting in now....
http://www.osi-systems.com/media/uploads/images/osi_homeslide_rap.jpg
About OSI
OSI Systems has been committed for over thirty years to both comprehensive research into meaningful issues and high-technology solutions to what will make the world safer and healthier.
Rapiscan Systems, Spacelabs Healthcare and OSI Optoelectronics have decades of experience and leadership in their markets. Most importantly, their reputation for service is a cornerstone to their longevity and positions of trust and partnership.
Security Division
Our Security division, Rapiscan Systems, is a leading supplier of security inspection solutions utilizing X-ray and gamma-ray imaging and advanced threat identification techniques such as neutron and diffraction analysis. Our products are sold into four market segments: Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold Baggage Screening, and People Screening. We have an installed base globally of more than 70,000 security and inspection systems.
Through product innovation and careful targeting of growth opportunities, we focus on providing solutions that meet demanding security requirements while offering customers outstanding value in the security screening and inspection industry.
Healthcare Division
Our Healthcare division, Spacelabs, provides innovative medical systems and services that meet the patient monitoring, anesthesia delivery and ventilation, and diagnostic cardiology needs of clinicians and healthcare facilities around the world.
We have a new mission with a focus on providing solutions to our partners - the clinicians - to help improve the care experience for our true customers - the patients and their families.
Optoelectronics Division
Our Optoelectronics division designs, manufactures, and markets optoelectronic products and provides electronics manufacturing services (EMS) for use in a broad range of applications for commercial, military, aerospace, industrial, healthcare, and homeland security applications. Our products and services are widely used in systems for training and simulation, satellite and missile guidance, range finders, test and measurement, renewable energy, and medical imaging and diagnostics, among others.
Nice to see you Sheriff! thanks for slapping that ask btw!!
I like your optimism Phinehas!
IMO MMTC has all the qualities that one looks for:
Life changing product/technology for humans & potentially animals ~
Transparent CEO ~ managable share structure ~
float almost locked up ~ proven leaders at the helm ~
inside buying ~ certification from AOCA ~ USDA involvement ~
and as recently seen in July's Association for Food Protection annual meeting in Rhode Island ~ a product manufactured by OSIS.
I'm thrilled to be in!
Best of luck to us all ; )
Exactly RM, I am very impressed with the names and bio's of the BOD here.. they have all bases covered imo.
Jeffrey G. Nunez
Chairman and President
Jeffrey has provided investment and public relations consulting services to the Company since October 2006 and has assisted the Company in negotiating and concluding numerous financing arrangements during his consultancy.
Mr. Nunez currently serves as Chief Executive Officer and President of Media 3 Communications, Inc.
Previously, Mr. Nunez served as Chairman of Lexicon, and led its Advisory Services division. His early work with Government Securities, Corporate Bonds and Municipal Bonds led him to Shearson Lehman Brothers as Vice President of Investments and then Prudential Securities Inc. as Senior Vice President of Investments. His career is benchmarked by high production levels (consistently ranked in the national top ten percent).
In 1997 he was recruited to join Fordham Financial Management Inc. and accepted the position of Senior Vice President of Investment to lead their Wall Street Broker - Dealer operations.
In late 1999, Mr. Nunez opened his own office of Supervisory Jurisdiction (OSJ) on the 85th Floor of the World Trade Center, Tower One. That OSJ under Providential Securities, Inc. grew from core staff into 20 Brokers with complete support office staff, by late 2000. Then, the Office of Supervisory Jurisdiction Providential Securities, Inc. through market events, transitioned into the Chicago Investment Group, Inc. Jeff was appointed President of this consolidated group (OSJ) and Senior Vice president of Investments. In these positions, he filled a number of different roles and responsibilities from investment banking, mergers and acquisitions, to securities trading.
Mr. Nunez then began Consultation for public companies, and companies about to go public through Broad Street Capital Inc. a consulting company through which he formerly operated his offices of Supervisory Jurisdiction for Chicago Investment Group and Providential Securities. While serving as Chairman of Lexicon United, Inc. on February 27, 2006, Lexicon acquired ATN Capital Inc. a Brazilian Limited Company engaged in the business of managing and servicing accounts receivables for large financial institutions in Brazil. On July 27, 2007, Lexicon became a public company. Mr. Nunez served as Vice-President and Secretary of and maintained a directorial position with Lexicon until March 2011, and remained as a consultant to the company until March 2012.
Mr. Nunez formed Media 3 Communications in January of 2011, and remains the sole owner of this telecommunications company, which owns a California State video franchise.
[b]Gregg J. Newhuis
Mr. Newhuis brings over thirty years of equipment leasing, asset-based financing as well as commercial and retail banking experience to the Board. A 1981 graduate of Eastern Illinois University, he earned a Bachelor of Science degree with a major in Finance and minor in Economics.
Mr. Newhuis started his finance career in 1981 with Walter E. Heller & Co., working in the Municipal Finance and the Commercial Industries divisions. In 1987, he accepted a position with Phoenixcor Financial, a New York-based finance company, to open and manage an office for them in Hinsdale, IL. In 1991, Mr. Newhuis accepted an offer from Toshiba Machine Co., America (a seller of plastic injection molding machines, machine tools, aluminum die cast machines and robotic equipment) to start and run an in-house private label finance company. He currently continues to operate in this capacity.
Mr. Newhuis' banking experience dates back to 2001 when he was part of a group of eleven individuals that originated Advantage National Bank and Trust Company, N.A., a de novo bank located in Elk Grove Village, Il. In 2003, they successfully sold the bank to Wintrust Financial Corporation (Nasdaq:WTFC). Mr. Newhuis continues to serve on the surviving bank (Schaumburg Bank & Trust Company, N.A.) Board of Directors and more specifically on its Credit and Risk Committees.
Victor A. Hollander
Victor A. Hollander, Director and Audit Committee Chairman, was licensed to practice public accounting in California in 1958. In 1965, he established and was the partner in charge of the Los Angeles office of a large New York certified public accounting firm where he specialized in audit and securities matters. In 1978, he left and formed the accounting firm of Hollander, Gilbert & Co, and in 2002, he joined Weinberg & Company as Managing Director of the West Coast Group. Mr. Hollander, during his professional career, has been active in local, state and national professional activities and has served on various securities, ethics, accounting and auditing committees.
Anthony M. Frank
Majority Shareholder
Anthony M. Frank, Majority Shareholder is a former Postmaster General and chairman of the board and chief executive officer of First Nationwide Bank, the second-largest consumer banking operation in America. Mr. Frank currently serves on the Boards of Charles Schwab & Co. and Transamerica Corporation.
Lots going on here... loving the insider buying!
You are quite welcome my friend good to see you!! Yes all is well., and keep in touch!
Right on RM! OSIS is very strong company dealing with only high quality products...
p.s. Check out the accumulation on OSIS nice steady climb...
Terrific BSW, is there a MMTC FaceBook presence as well?
Thank you Tenured ~
;)
Spot on JB ~
Morning Spikit, In the last PR William said 'off take arrangements'... that is the word I've been waiting 18 months to hear. If he is talking 'off take arrangements' then he has made the decision who he is partnering with. Keep in mind Juan Paulo will demand the best deal possible for CLIL.
I can't tell you when I think it will be done, but I am searching every day under every rock to find out who it might be...
Best of luck to all !! MMTE
Congratulations SGR, it's a very exciting time to be holding MMTC !
Roger that Rmeek, add to that the meeting 2 weeks ago in Canada for
negotiations of JV partner(s) and off take arrangements... lots going on here,
and this:
Maestro111 Monday, August 13, 2012 9:51:01 AM
Re: DiiDii post# 110422 Post # of 110574
CLIL is the largest junior concession holder in the Maricunga.
MMTE 3rd largest overall concession holder
Salar de Maricunga company lithium holdings by acreage
1. SQM - 16 concessions 2nd largest acreage, total unknown
2. Codelco - 13 concessions largest acreage, total unknown
3. Mammoth Energy - 13 concessions, 8649 acres (3rd largest concession holder
4. Lithium 3 Energy - 6 concessions, 3553 acres
5. Simbalik Group - 4 concessions, 3335 acres
6. Pan American Lithium - 5 concessions, 2965 acres
7. Talison - 1 concession - 257 acres
CLIL undoubtedly is being courted, by who is the question.
CLIL holds the most concessions (excluding SQM, Codelco) in the area designated by the Chilean Government itself as the 2nd most favorable salt flat to award the COEL's to, and that the announcement for the COEL's will be on September 24th, that's 5 weeks away.
Buying all I can for as long as I can.
Glad to see the Q out on time! hummm... think things are moving right along now.... ; )
Canadian trip, Q on time ... interesting.
Thanks to you as well RM, and all the longs who participate in DD, tours, talks with management, etc.
MMTC has an outstanding product. Glad to be in.
Dii Dii