Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
MIT 1000 is faster, easier, cheeper. Low start up costs, user friendly for testing and reporting, no toxic lab waste. Most tests will come out negative and who wants to spend a lot of time and money for a standard operating procedure. The cheeper and easier it is, the more testing that will be done and our food will be safer. MMTC ROCKS!!!!!
The OSIS relationships will make sales and growth do able. By MMTC making a 5 year agreement (for 5 years) with OSIS, MMTC has manufacturing under control. To think that OSIS hasn't been working on there end of the agreement would be naive. Good things are happening. MMTC ROCKS!!!!!
These guys are movin back up. Come on contracts.
I agree that insiders will want to see a rise in PPS before the do any strategic move like going private. They have been working too long to not see sales and profits, before taking it to big board, sell the company, or going private. I think they do best by going to the big board. They are waiting on certs like we are, then sales will come, IMO. Some nice buys today, looking for more powder myself.
Long and strong and patient/asn. MMTC ROCKS!!!!!
When it does move up, all longs will benefit, even you. MMTC ROCKS!!!!
These guys aren't worried about us. A contract or a 10q PR is what we'll see. Contract comes after certs, asn. IMO
I would like to see whales too, but the insiders see no volume as we do, why would Newhuis put up almost $1mm on something with no volume that was going no where. Is it lack of vision or great vision? Timing is our main issue, news of what is happening will make us feel better. Too much good stuff happening now that costs money, to think the insiders haven't invested financing and are not spending that money wisely and honestly for the good of the company and themselves. MMTC ROCKS!!!!!
Sales, leasing, government contracts, web sales, in house demonstrations, inquires from the shows are happening now most likely. The company has a 10Q coming up and may choose to disclose at that time, we will know soon enough. You know things are happening or why would insiders be buying shares? How could they sell if its not happening? It's happening imho, MMTC ROCKS!!!!!
I'm sure Jeffrey feels the same frustration we do with the delays, it is out of the companies control. This is why the certs are so valuable, they are hard to get. I do feel comfort in seeing marketing, shows, new web page and other positive information coming out about the company, this means they are ready for sales when they start. I agree it would be great to see end of year news, but I would rather see the company do what is necessary to bring the MIT 1000 successfully to market. MMTC ROCKS!!!!!
'twas the week before Christmas and all through the house, the stocks were all held by the wise guys with care in hopes that the certs soon would be there. Wishing all a good surprise for christmas and a prosperous new year. MMTC ROCKS !!!!!
Yes sir, they own and are holding. There is no pump, there is no dump, just hard work on the business plan getting ready for release. We are along for the ride and we are golden. MMTC rocks
So right, to show at IAFP along with the established companies in food safety is huge, it shows we have the goods. MMTC is ready when Jeffrey and team turn it loose. They are working hard to be ready when lift off happens. Too much positive action to think they are taking this any where but up. MMTC ROCKS!!!!!
Sshhhhh, the silence is golden. I kinda like the golden trimmings BSW is talking about, come on certs. MMTC ROCKS!!!!!
Maybe they had a few OSIS team members to help answer questions. OSIS is well invested into the success of the MIT 1000, manufacturing specialist global partner.
It looks like there is a method to the way this is moving now. Like the team has a real plan in action happening. You can feel the rumble start. This is ready for a spark and we will have lift off. ASN. MMTC ROCKS!!!!!
Every cell has its own unique light pattern while being scanned by the MIT 1000, who knows what the future holds. MMTC ROCKS!!!!!
Ask slappin, no one selling at .003 anymore, not many shares to be had. Strong hands holding for a move up with cert news. The company is using the time wisely while waiting for certifications by marketing and working on website. With marketing in motion, it appears Jeffrey is thinking the certs will come and he is getting ready for the next step, sales and profits. MMTC ROCKS!!!!!
Exactly, who gets a month for the holidays? If he wasn't real busy with things here, certs etc. he would have gone to Malaysia, IMHO. Nunez and team are working to get this thing done. We are in good hands. MMTC ROCKS!!!!!
Marketing, another big milestone on the road to sales and profits. MMTC ROCKS!!!!!
You sure talk about it a lot. If it is nothing but a scam you wouldn't be fighting for shares. MMTC is making progress and will soon join the field of food safety, hide and watch. MMTC ROCKS!!!!!
Haven't heard much about that deal since the press release by the lawyers who were fishing for evidence. I'm sure OSIS legal will handle the trumped up charges.
More OSIS news, take a lickin and keep on ticking. They are still firing on all cylinders. "We combine more than 30 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets."
"OSI Systems to Present at the Imperial Capital Security Investor Conference
Osi Systems (NASDAQ:OSIS)
Intraday Stock Chart
Today : Monday 10 December 2012
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 2012 Imperial Capital Security Investor Conference in New York. The presentation is to be held at 2:15 PM ET on Thursday, December 13, 2012."
http://ih.advfn.com/p.php?pid=nmona&article=55397706&xref=newsalert
Yeah too bad for them there is not many shares to be had. We are in strong hands. MMTC ROCKS!!!!!
The problem with your theory is that MMTC is not a scam. The price is going up because certs, sales and profits are around the corner. There won't be any trouble selling shares, not to worry. MMTC ROCKS!!!!!
This is wound up tight, the right news and we are in the stratosphere. MMTC ROCKS!!!!!
Agreed, if MMTC didn't need money this wouldn't be a public company. If this wasn't a public company we wouldn't have the opportunity to invest in this technology and have a long shot at tremendous growth stock. I am content with the risk here, I also enjoy most opinions and posts. I wish some would realize that everyone has an opinion and state that their post is just an opinion. MMTC ROCKS!!!!!
That is a interpretation of the 10Q. I don't see financing as puts, I don't see executive compensation as stealing. I don't see building a company as a scam. I see a company which is bring a product to market which has very good chance of success. I don't think it is easy to bring a product to market, I see many forces trying to hinder that success, but that is business and MMTC is bring it. Of course this is my opinion. MMTC ROCKS!!!!!
None of these things you say about MMTC are necessarily true, that is your opinion only. Others have done DD about this stock and come to their own conclusions and feel this is a worthy investment. Given the same facts, I feel good about my long position. MMTC ROCKS
We were on the fast track and now the train is getting up to speed. and the whistle goes SWEEEEEEEEEET. MMTC ROCKS!!!!!
I guess now its against the rules to use shares for financing and for the team to be paid for there work. It's hard to keep up with the ever changing rules. IMO, MMTC is a fully reporting company which has withstood the test of fire and is now in strong hands and on the road to sales and profits, asn. MMTC ROCKS!!!!!
I use a cloud based reporting system for my job. The servers can be accessed from any computer or Internet device. You log into the remote servers (in this case MMTC servers) and enter data (or in this case the MIT 1000 will enter data). The result or data can be accessed the same way with password or link. The explanation given by Hkipp was spot on (see below) The thing is the end user doesn't need to know how it works or how to install or upgrade software as that is handled at the servers. Genius. MMTC ROCKS!!!!!!!
MMTC~ Very Smart point of view on MMTC!
Quote:
I believe you're correct- that this was a name trademark and not a patent on the technology. But it's not necessarily a bad thing. They have made a conscious choice not to patent and have developed their process around protecting their intellectual property. It has been well thought out. JN discussed this very point at the RI Conference. He was asked why the process was not patented. He explained that a patent does you no good unless a company has the resources and unlimited funds to protect it and to threaten and go after any poachers- especially in other countries such as those very Asian markets we're looking at. He explained that, initially, the software was to accompany or actually be in the machine. Identification would be done on site, and it would make for a very simple self contained system. But then they realized that, once a testing party had their hands on the software, they didn't need MIT any more and could duplicate it and even produce their own units. The laser hardware is unique and valuable, but the real prize is the software algorithm, developed by Dr. Haavig that enables one to make an identification using the equipment. The unit is useless without it. Hence, the idea of the cloud system- which exists to address this very problem. Some view this system as having been developed to provide a revenue stream- which it will do. But the real reason is to protect the technology. So- the machine generates the raw data- it is sent to "MIT Central" and then they analyze the raw data with the "Identifiers"- the soft ware- and immediately send back the identification answer via the internet. This still allows for immediate, real time identification- does allow MIT to charge for the procedure- but also keeps the crucial software out of the hands of any unscrupulous customers. And thus- no patent is needed to protect the technology. Quite clever! ~Hkipp
You're probably right that part of the equipment purchases was servers also.
I also agree that as technology for culturing pathogens and scanning advances, who knows what the future holds. MMTC ROCKS!!!!!
It has been said that in the 10q that the equipment purchased was to manufacture the MIT 1000, I beg to differ and think those fixed assets are for upgrading to the advanced cloud based machine. I also think Dr. Chai had many reasons to come and the main one was for upgrades and training on their 2009 purchased machine. MMTC can't be denied. MMTC ROCKS!!!!!
You are so right that the MIT 1000 has been put through the ringer and has survived. As you say the customer will know they have a system that is ready to go. MMTC ROCKS!!!!!
I have been in MMTC for over a year now, the PPS and my average costs were and are at current levels. The DD given here and what I have done myself leads me to believe this is a real company on the right track. I feel industry acceptance is the next major milestone for us to pass. Certifications are a big mile stone and will help in acceptance and sales. The time it takes to bring this identification system to market shows that not just any scanner can break into this market. The recent progress which the company has made since Mr. Nunez has taken the helm has been focused and forward moving bringing the scattered past to the point where sales and profits can occur. While the past 2 shows have given MMTC exposure and began a serious marketing push, I agree that this Malaysia show is a big step forward. While "we" are not sure if the company is ready for prime time, it appears the company feels they are ready for full exposure on the world stage. I think the company is holding this back by their own choice, rather than market not wanting a new identification system. The team is systematically putting together the pieces which are necessary to handle sales and growth so when blast-off does happen they won't have to rush to get in front of it. These are exciting times in MMTC. IMHO. Step by step to sales and profits. MMTC ROCKS!!!!!
Whales are huge too, lots of good things are coming together, asn. MMTC ROCKS!!!!!
Consumables are all things needed to run the system including the MIT 1000 and they are available from the web site. Software is part of the library subscription. It doesn't cost a lot to get into the MIT system and that will be part of its success. It would take a while to get up to speed and all the things happening with MMTC on this path to sales and profits, but one only needs to know one thing, MMTC ROCKS!!!!!
Wow a distributor with skills and able to represent the company, this keeps getting better. Maybe Jeffrey will be real busy here. MMTC ROCKS!!!!!
This is called marketing, getting your product out before a targeted public. Money well spent by marketing to a world wide customer base. I believe that Mr. Nunez has approached marketing in a sensible, straight forward, honest way. MMTC ROCKS!!!!!