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Oh crap !! Seen this before.
I think we are deadmeat tmrw
You're right. Something is happening as
it shows zero volume ob both yahoo
finance and I hub.
Is this sign of becoming pink sheet ?
I say, stop the useless pumping as it
has been on this particular board.
It is a joke and circus to real investors.
But some people are doing it on purpose
to hook the blinds.
I put away all that stock sales, no money,
going cencern, no production, not even
attending one silly mdse show etc....
Not even one single sale last few years ??
Let me tell you this..... If the device is
as unique as the company suggests or
forget the unique, just good, they should
not have problem selling one damn unit
within 30 days.
For god sake, even Obama signed the
new food inspection law and company is
still in the twilight zone.
when you have a product that buyers
can want, you don't need to get the
funding first.
Once you show hard copy orders to
banks or others, finding is easy as
ordering lunch.
That is why I question the device
itself.
Why couldn't the company sell one single
unit to so called vast 5 bil market
all these months ???
One unit $30,000 is not even a drop in
the bucket compared so called market
potential accg to the company.
Why are the insiders keep getting shrs
for compensation ???? Just look at
the filing past 1 year
someone asked on this board that if
mmtc sells anything other than new
shrs ??? Answer is NO
If anybody think those insider buying
from yahoo finance, need some strong
coffee to wake up.
They have sold none, zero since the
co was created and just click on those
so called distributors website, see what
happens.
Company has not even hinted what is
their money situation except selling
shrs to add to o/s now about 250 mil
without single unit sale !
Would a buyer spend $30,000 buying
a device from a company who has
serious going cencern ?
Anyone believes mmtc will break above
0.008 is seriously under the weather !!
People including from this board will sell
first chance they get any spike at all.
company doesn't even have money to
pay basic salary and people expect to
sell to customers ??
Buyers are not stupid and they do not
buy from company who has serious
going cencern from cpa's
would anyone spend $30,000 when you
know company might disappear ????
Any reason why should the traders
spike volume ?
Last year, you posted that you rcvd email
reply from John ricardi for possible
sales leads.
What ever happened to some sales
leads that you rcvd from mmtc last year ?
Have you followed up again after ?
You are truly comparing totally different
kinds of company including it's mgmt.
To start, ctso never issue such common
fluff p.r that mmtc often does for what
purpose ?
ctso is finishing up one of the largest
human trials of its kind right now almost
exclusively for potential 5 bil mkt europe
alone.
point is, mmtc should not have issued
those p.r's that production was on time
which now seem to be totally false.
Basically, it is dead coma everyday
Last year, they press released twice that
main production to have some inventory
was on time by the end of 2010
now, after new year 45 days passed,
not one single peep, not one single
hint when production would begin or
how to go about financing those
bulk units of inventory maybe 30 to
40 units.
their technology stating that it only takes
10 mts to verify the virus is also misleading
acct to their webinar slides compared to
other devices which takes almost same
time.
Why do we think pps is stuck at this
well below a penny from previous $0.05?
Mmtc mgmt just does not live upto their
p.r released.
Why keep issuing p.r's if it is not
true at all ???
Agreed for imgg but it was good trading
stock even after FDA rejected the 510k,
wouldn't you say ?
No position for imgg now but doing well
with other stocks though such as actc,
ctso, cool
We are all happy for you and I am
sure you will make lots of money again !
For those who are still in twilight zone,
pps is already over valued at possible
250 mil shrs outstanding, it's mkt cap
is $1.5 mil already and how many
units sold so far .........zero !!!!!!!!!
Any plan from company what is going
on ??? Zero !!!!!
All facts and no pumping.
What ever all those money raised are
already all washed away clearly for
daily expenses which did nothing
to start the main production or do
anything to start the sales effort.
to start the main production, they would
have to pay the whole amt to osis.
All these here and there begging money
transactions are worthless.
At this rate of the mgmt moving ahead
which we basically have not seen any
meangingful p.r since they contracted
with Osis last April 9 month ago,
how long will it take for them to find
such bulk amt of money to buy 40 units?
You said it right, 250 mil shrs outstanding,
at $0.006, wow, I thought it was dirt cheap.
Market cap is only $1.5 mil which is
about 50 units already sold.
in terms of technology, previous webinar
slide clearly shows basically same time
consuming as others existing.
Janey, IMO, I am afraid the stock is seriously over
valued already close to $1 mil mkt cap
for a company which will keep on issuing
new shrs because it is the only way to
raise any money now.
Forget about finding real money for buying
20 or 30 bulk units to stock the inventory
which is what like close to half a mil and
10 k shows how pathetic this company
has been just begging petty money here
and there just to run the office.
in reality, will mmtc really find 0.5 mil
to pay to osis and find more money to
spend on marketing in the near future or
ever based on past p.r's and new 10k ?
If they make one, one tiny sale of the device,
it is barely $30,000 and at current pps,
it is still close to $1 mil mkt cap.
Even at $0.006, it is trading as if it is selling
more than 30 units already.
As someone suggested, all it takes is
to read with eyes open.
Kgem, I know you mean well but
that Egypt post is just embarrassing which
sounds like a pumping beyond this world.
A moderator should basically stay neutral.
people have bought into this stock based
on company press release last year twice
informing investors that production was
to start within 2010 and now company
is in dead zone with no particular info
going forward.
Egypt ??
I am in the business of production as well
and many times, you place orders to factory
based on the best of forcast from sources
of salesrep, accts etc
mmtc was doing the same thing that
they needed to place the bulk order
to osis but whole order need to be
financed at sight.
that is the problem with mmtc as we have
no single hint or update how will they
do that after all this time.
40 units of order rcvd ? we would have
rcvd numerous p.r no ?
I assure you then they would have no
problem getting financing from regular
bank with that kind of order on books.
I know for a fact that all those vwap
transactions went on last year did
zero to start the main production
at least to sell some units for god sake.
All they produced whole 2010
was one "confirmation sample" so
all these little amts do nothing for
shareholders.
they need lum sum amt of money to
pay to Osis to start the production.
All we are seeing are same old, same
old as the stock is "dead"
what exacly do you dispute ??
New 8k for $32,500 ?? Don't think
any major financing is going on to
purchase at least 40 units from osis.
Yes I know. This company I don't think
is able to sell anything right now and
they don't even have the common sense
to realize how silly their p.r sounds
when ever they issue it out.
Maybe they do not read it !!
40 units sales this year ?? Anyone
believe this ?
It seems that people are dumping and only
this time we will see the new low.
Company is completely quiet in terms of
any business plan and only thing getting
bigger is the size of the o/s.
Soon, new annual report coming out
which should spell out some more
details on their plan that are basically
less than zero.
Forget about the device delivered from osis
and Forget about the newly passed food
inspection law.
Problem is, company cannot even sell it
to loan shark. How will they ever sell it
to true buyers ??
We all know so called their int'l distributors
are full of empty shell.
Man, people got to really stop this thoughtless
pumping and it is embarrassing.
Every investor knows already resume of
the mgmt of the company and it don't
mean nada because they have not said a
word how and when company will
move forward.
Nada, zip !!!!
Yes, you are correct.
Imgg is real disappointment and I sold
off too with loss. I knew ctso two yrs
ago when it was known "msbt" and
mgmt is really smart people I think.
This trial which took more than
2.5 yrs coming to end and I am happy
I jumped in early.
There are some really comprehensive
articles about ctso written by real
experts with Phd potential of this
device.
Good luck to all of us
I couldn't agree with you more.
But price hike really could surprise us
once the trial is finished which people
expect the positive results.
this device is sitting on 5 bil mkt mim
on it's own and even $3 is not out of
reach at all.
aren't you with imgg as well ?
Product they have but then what is taking
so long to pay money to that famous
factory called "osis" ??
Product which in my term is more like
"confirmation sample" which took like
8 month and now they issued that
mindless p.r stating mim 40 units of
sale this year.
they said 25 units in 2010 and few
month later 40 units now this year.
How will they sell even 1 unit ??
no plan or idea what so ever has been
informed to investors as of today !!!!
Anyone know what would be the potential
mkt size increase due to mago 4s FDA
approval ??
What exact part of this is "new" ?
It would be too soon for new CEO as
Rabin just talked about engaging
search firm just a week ago
Just unbelievable this dumb mgmt !!!
Are they joking now ?
just so sad !!
Do you think the stugardt trial is delayed
from the expected early 2011 ?
Slide states 1st half 2011
Rocky, I noticed from yesterday presentation
that stugardt trial set to begin 1st half of
this year.
Previously, company stated early 2011 and
recent new York post article, dr. Ranza
stated trial to start as early as feb.
What do you think ?
Maybe you're right
Time to dump and move on
but volume is too small to dump
We all know it deep down that this is
not good
I really don't like the fact that they are
issuing such fluff p.r to do what ?
I rcvd many reply that their share pps is the
key to the financing and current pps
seem to be only down trending because
company has not given one single reason
that makes sense to real investors.
am I wrong ?
Sure and I rcvd about 10 reply from company
which all turned out to be nothing.
I got a bad vibe for what is going on
with the company.
Tks rocky