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If that is your situation rest assured there are other options, so don't pull the trigger yet. MMTC ROCKS!!!!!
The options to waiting patiently at this time aren't that appealing. The reasons I invested in MMTC in the first place is the technology and simplicity of the MIT 1000 and a hungry market for a better mouse trap. Those things have NOT changed. It now appears we are now caught in the intricacies of the sub species of eColi and Salmonella and I'm am confident the company is focused on completing that testing. The lack of updates from the company doesn't make this investment a comfortable one and allows negative opinions to keep doubt in front of all of us. Again I see the 90% holdings by insiders the main reason we haven't had updates as they know what is happening so the the majority is aware. Insiders will have to continue to step up as Mr. Franks did to keep the doors open for this to succeed so I am watching for more filings or AOAC certification completed. May we all see success soon, MMTC ROCKS!!!!!
"OSIS news: Share buy back and
OSI Systems Board Authorizes Additional 1,000,000 Shares for Share Buyback Program
"Osi Systems (NASDAQ:OSIS)
Intraday Stock Chart
Today : Wednesday 24 April 2013
"OSI Systems, Inc. (NASDAQ: OSIS) today announced that the Company's board of directors has authorized the purchase of up to 1,000,000 additional shares under the Company’s existing stock repurchase program, to a total of 4,000,000 shares authorized for purchase. Since inception of the stock repurchase program, originally established in 1999 and amended in 2004, the Company has purchased an aggregate of 2,589,960 shares of common stock, leaving up to 1,410,040 shares authorized for purchase under the current program, as increased."
http://ih.advfn.com/p.php?pid=nmona&article=57303640&xref=newsalert
And OSI Systems Reports Third Quarter Fiscal 2013 Financial Results
“Deepak Chopra, OSI Systems’ Chairman and CEO, stated, “We are pleased to announce the results of our third quarter operations. We achieved record earnings for the 12th consecutive quarter as a result of significant operating margin expansion, led by our Security division."
http://ih.advfn.com/p.php?pid=nmona&article=57302984&xref=newsalert
Stronger every quarter, OSIS is one to own.
Well said. MMTC ROCKS!!!!!
Mr. Franks still believes in the company, IMO. We are all waiting on news and he must know its coming. MMTC ROCKS!!!!!
That was a large decline when one of OSIS's products came under Congress's sleepy eye because it worked too good. It does make one wonder if people in the know benefited from the "naked scanner" being pulled from the TSA's passenger lines. It was/is a buying opportunity and many large fund managers bought large blocks. OSIS looks stronger than ever with all divisions hitting double digit growth over the last few quarters. They are a power house with tremendous manufacturing capabilities. OSIS does ROCK.
As i recall poster posted about receiving a letter from Alpine's attorney back in early May of 2012 when it was leaked about the Alpine lawsuit. I don't recall if he ever opened that letter or if the letter was about lawsuit or an employment contract. The shorting advise is a flag to me. But I bet that might be the attorney. MMTC ROCKS!!!!!
Frank has been investing in the company, not in a scam. MMTC is still moving down the path to certifications, sales and profits and that is why they will succeed. Better get more shares, we are headed up. MMTC ROCKS!!!!!
Looks like they got a $60K deposit today, by a long time share holder. I would take Mr. Franks actions as a conformation that we are still moving forward. MMTC ROCKS!!!!!
http://ih.advfn.com/p.php?pid=nmona&article=57017800&xref=newsalert
Shares at .001 would be good, but it looks like those who wanted to take the loss have already done so, there just ain't that many shares available. Calling 5mm shares a day volume dilution is quite a stretch. We are still all good here, just on cert and news watch. MMTC ROCKS!!!!!
A reverse split can also be used, as MMTC has stated they intend to, to raise the share price. Technically the values are equal to pre split values. There is potential for loss of value but that is not a given, there is also potential for growth, because MMTC is not a scam. All we say and do here is of little consequence once the actual actions occur. GLTA. MMTC ROCKS!!!!!
Agree, my DD still gives me confidence that this company will succeed. The lack of news is frustrating and gives calls of scam a little wiggle room, but I am content to let this play out. Knowing the company is not doing any diluting and definitely not falsely pumping the stock, as seen by the current volume, I am looking forward to a break in silence. Most news lately has been good, but no real surprises. I see MMTC working hard for success, not the opposite. MMTC ROCKS!!!!!
That is not true, with the reverse split pps will go up by design. No one is making money at this volume. The shareholders, insiders included, are holding shares for the success of this company which is getting closer day by day. GLTY. MMTC ROCKS!!!!!
Alpine wont have any legs to stand on after their scam is exposed. MMTC ROCKS!!!!!
Exactly, raising product awareness and bringing the MIT 1000 to market is another good example of how the company continues to spend the financing raised by the sale of shares. There is little doubt that they will keep managing the company to the benefit of all shareholders. MMTC is focused on moving the company and it's products forward. Certs, sales, and profits. MMTC ROCKS!!!!!
The Texas case was dismissed.
"on March 7th the Travis County Texas District Court granted the Company's motion to dismiss a lawsuit filed by Alpine MIT Partners, LLC (Alpine) in May 2012."
The California case is a suit by Micro Imaging Technology against Alpine, in part, for $1.6 million in damages for "making false promises, intentional misrepresentations and breach of contract, which was the subject of the Texas suit." This was in response to a lien flied by Alpine in California against MIT's patents and also that the UCC filing was unauthorized.
Even Alpine, as brilliant and they are, wanted the MIT patents, and looks to be the whole reason they tried to get involved with MMTC was to control those patents. Those patents and the technology involved with the MIT 1000 is why MMTC is going to be a success. The only scam that will be put down in California courts is Alpine and their attempt to harm MMTC. MMTC ROCKS!!!!!
Agree that the insiders are not concerned with anything outside of their plan. All here will be surprised when the plan comes together, IMHO.
MMTC ROCKS!!!!!
We definitely need some news, looking forward to the day. The R&D will be ongoing, would be good to see the MIT microbiological scanner incorporated into other OSIS projects. Hoppy Easter.
Wow, Wells Fargo filled up their Easter basket with shares. Institutional buyers love this stock for their client's estates, better add a few more. Glad they are staying strong for "when not if". OSIS the powerhouse.
http://ih.advfn.com/p.php?pid=nmona&article=56965139&xref=newsalert
The US must be using the Rapiscan Systems some where, they just work too good.
"OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division, Rapiscan Systems, has received an order of approximately $6 million for service and maintenance of Rapiscan baggage inspection systems utilized at U.S. airports."
The products OSIS makes are needed and used around the world. Quality manufacturing.
http://ih.advfn.com/p.php?pid=nmona&article=56925740&xref=newsalert
I have talked to him and have a whole different opinion than you. MMTC ROCKS!!!!!
And that's your opinion?
So you have lunch with the CFO and know the current inside goings on. There are other ways to read those numbers and I see a fully reporting company. I know, I know unaudited, so maybe it's really $2000000 in the bank. This is the real deal, better get more shares, you never know when the certs will come. MMTC ROCKS!!!!!
Never say never, it won't happen right after the RS, we all know that, but they are starting the process. Scams don't have frivolous lawsuits against them dismissed by a judge, scams have a judge tell them they have no case, like Alpine did. MMTC has a product, MMTC has a relationship with OSIS, MMTC is in process with AOAC. MMTC ROCKS!!!!!
It is said that at least part of the delay with AOAC is the change in protocols to meet these new preventive controls and reporting requirements. MMTC is up to date.
No one is joking about OSIS Spacelabs division and their multiple $5mm contracts.
"“We are pleased that Spacelabs’ patient monitoring solutions which feature an open architecture allowing easy deployment and remote secure access to critical patient data were again selected by a major hospital group,” commented Deepak Chopra, OSI Systems CEO.""
You can bet they would love to see development into MRSA and medical pathogen detection as well as food safety, by their partner, MMTC. MMTC ROCKS!!!!!
I also find it telling that OSIS has not mentioned any change to the 5 year agreement and has made no comment on the public PR by Jeffrey's saying that both companies have invested in production developments. OSIS doesn't need to post everyday about current agreements, they just keep working to a prosperous future. OSIS+MMTC=SUCCESS. Certs, sales, profits, MMTC ROCKS!!!!!
When I spoke with John Ricardi last summer, he said he worked with MMTC to help get certifications from AOAC. He is still listed with AOAC as a MMTC contact, as a matter of fact Nora gave me his phone number. He worked on the listeria certification. He told me they were not only adding eColi and Salmonella but were also going for MRSA and others. He said the machine worked. MMTC ROCKS!!!!!
Can't wait to see Alpine fork over 1.6 million for their actions which have slowed the progress of MMTC. Hopefully they will get to the bottom of what really happened when it goes to trial in California. It's a cut throat world out there, MMTC must have something if people put so much effort into trying to stop it from getting to market. MMTC ROCKS!!!!!
The good news will be coming for years and years. MMTC ROCKS!!!!!
"If MMTC can come up with something that will make a lot of new people buy MMTC stock then the stock has a chance. All that other stuff is intersting but really does not matter."
I agree with that statement and have said many times here that in my opinion the success of the company is the only way any of us (insiders included) will make real money on this investment. If the company is doing RS to pull the wool over investors eyes for a short term pop, they have already failed. If they are planning to use the RS as they say, to get the PPS up to where more real investors will be interested, we are good. The RS won't do it on its own it will have to happen with that "something that will make a lot of new people buy MMTC stock". The success of the product and the laser lighted single cell pathogen fingerprint image technology is the only way we get a return from this investment. It has taken a long time to get the product ready for market and that just allows us the opportunity for success. Certs, sales and profits are the road to success, MMTC is on it. MMTC ROCKS!!!!!
One would also think that when the suit brought by Alpine was dismissed by the Texas Judge, that if MMTC was nothing more than a scam shell, it would have been proven in court and the decision would have gone the other way. That ruling should say to all that MMTC is the real deal. I'm sure they looked very close at the product and finances. Alpine's failure to perform on their agreement to provide financing, IMO, was an attempt to cause harm to MMTC, and it did cause many delays which they are still overcoming today. A lot of the negative sentiment here on this board dwells on these delays which were caused by Alpine not MMTC. MMTC ROCKS!!!!!
The share price is increased by the same number the count is decreased. You same the same dollar value after the reverse split.
If the company fails you lose, if the company succeeds you win. You have bought stock in a winner. The reverse split
No where to go but up, this is the real deal. MMTC ROCKS!!!!!
Makes one hope some of their money will help carry startups when they are totally ready for market. Would love to see the 2 ticker order and contract PR with mutual benefit to all involved, with agreement partner MMTC.
Another big contract, another pop in PPS. Not even saying who the new fortune 100 company is, just follow who is using OSIS to see opportunity.
"OSI Systems to Present at the Roth Capital Partners Annual Conference
Print
Osi Systems (NASDAQ:OSIS)
Intraday Stock Chart
Today : Tuesday 19 March 2013
"OSI Systems, Inc. (NASDAQ:OSIS), a vertically integrated provider of specialized electronics products for critical applications in the Security and Healthcare industries, today announced that it will be presenting at the 25th Annual ROTH Conference on Wednesday, March 20 at 10:00AM PT."
Just a whisper from OSIS will change the course of any investment related to them. Come on big order pr.
Still in cert watch mode. Definitely need to see the next move by company as they are the only ones in control of this. Certs are still in process, then its up the road to certs, sales, and profits. MMTC ROCKS!!!!!
Have you seen the truckloads of inspected beef heading out to market, ready for consumers to purchase? MMTC ROCKS!!!!!