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yes, i meant p.r for already informed webinar will come.
but like you said, it needs to be done really good or it
will just disappoint the mkt again.
Press release is really not important
IMO but it will come very soon.
It is just depressing this stock is played
like cheap candy with such low volume.
company has to release something
that is meaningful to the market which
is related to sales or start of sales mim.
Tks and makes sense
Joe, what do you think dean will do
if FDA quiet continues ?
Will he try to set up some meeting ?
Kgem, can you try to findout what questions
be answered during webinar ?
I am mostly interested availablity of the
device
Another wasted day !!
So much for 150 day d day and now
we are setting a new record
Mmtc need to announce production start
fast or this thing will keep down trending.
What good is webinar if no one knows
when it is available !
I really hope that they do this new
webinar very informing at pro level.
another similar performance like past
one could really depress the pps close
to a penny.
I also wonder if they will answer
availablity of MIT 1000 if potential
customers are to ask this question.
when can we have this device ??
Any good sign ? Volume up nicely !!
I hope so and that is why I am holding.
But it has been so long and no update
at all from FDA. Before at least there
was progress conf call and now is just
dead quiet.
Since it has been 180 days already and
no approval, why isn't the pps tanking ?
I asked this question to mmtc right after
webinar.
Total time to detecting virus is not much
different from existing methods as you
can see from slide but main advantage
is "cost basis" in which they can run mutiple
tests such as confirmation and evaluation
to issue alerts much quickly.
also overall much easier to run the tests
than conventional methods.
so bottom line was the cost factor which
does show big difference from others.
It is as per 9/29 press release.
but they need some more funding to finalize
with osis. My understanding is that they
do not need entire 2.5 mil needed for
their 18 month plan so I do believe company
will come through for funding of production
start.
For the last time, exact words from mmtc
mgmt were..... Need additional funding
to finalize with osis to announce exact
production date. also this question was
asked during webinar but was given the
same answer as per their words, not mine.
Market knows this.
But I also believe that company will
come through new additional funding
and that is what I am waiting for.
these days whenever I have question,
I go straight to mmtc mgmt and I get
straight answer which I appreciate very
much.
Kgem, I believe that you are very confused
about current status of mmtc.
previously announced new funding is not
enough and it is straight from the mgmt
mouth and will you dispute that aswell ?
I can only state what I learned real facts
from the company and I would add single
ounce of fat on top of it.
if you still do not believe, pls feel free to
contact mgmt whether current funding
is enough to finalize with osis to announce
the production date.
Is financing news around the corner ?
I seriously doubt no one is dumb
enough to officially promote the product
without knowing the availability.
I certainly hope to see some financing
news before another webinar.
pps is under constant pressure under
2 cents and quite depressing.
Tks but does new team still consider time
spent by previous team ?
Do you think dominion will take as much
as 300 days due to its complex structure ?
I think your guess is as good as mine.
I mean nobody knows as we were all
expecting to hear around 150 days
mark but now it is beyond.
I am surely holding for October mim.
Tks and some took really quick to approve
Gm, of course product exists and how
could they have contracted without
product through osis ?
just think about mmtc issued p.r that
production is on track and then another
statement saying additional funding
will take several month for the same
reason.
why do you suppose that pps has been
going down ?
Maybe a few but I doubt it means much
right now as there is cloud of financing
uncertainty.
Problem is market is not buying the
statement of CEO Michael especially
when they revealed more funding is
"must" to start the production and
through webinar, COO John put out
several month statement.
Well then, it is worth more holding in
October. But I thought 150 days was
on 9/8 so we will pass the 183 days
end of next week then
I got back before 0.30 and I am now
holding after inst. Purchase of stock.
I think it is worth the holding at least
within October
Well, I don't know about you but pps is
quite solid at 0.30 and stock sales to
big boys at decent price seem to give
some kind of hidden confidence.
also, I remember seeing a post by guru
that only one x Ray company this year
went as far as 183 days and got approved.
Imgg is now at 183 days and odds are
high for something to happen !!
I don't think there are orders on the book,
maybe one for int'l mkt because they
can't make sales without knowing exact
production date which is tied to more
funding.
But I do believe that once more funding
is secured and production date is released
by osis, pps will improve to what it was
back in April.
I am pretty sure that they will make sales
easily because of it's solid manufacturing
capability.
Hi guru, for this year, didn't you post data
before only one company rcvd approval
on 183 days which was x Ray related ?
Or am I mistaken ?
Tks and when is it ?
Where do you see the p.r ?
This is going higher !!!
Started up trending day before news
Yes, I asked him as direct as possible
from webinar.
I can understand what that means
"still putting pcs together" which mean
just closing the finalized specs before
actual production, basically reviewing
every details.
I also do that with over seas factory
before I open letter of credit.
Anyway, I am also shareholder since
April and have been averaging down.
I was also concerned about webinar
before because usually they are not
rcvd well unless it is really done pro-
level with some new revealing info.
but today reply 100% clears what ever
little confusion I had.
all they need is some more funding to
adv exact xf date and that will give some
decent push on the pps in my opinion.
Just confirmed 100% again with mmtc
mgmt about this design issue.
there is no more design issue and
some changes John Ricardi discussed
was already done year ago and currently
finalized specs will be produced by osis.
John Ricardi also discussed up grading
outer skin of the device to make it
more high tech look which will be
implemented about mid 2011.
again, there is no more design issue
of MIT 1000 but only additional
funding to finalize xf date with Osis.
that is it !!
Very well put vin.
Tks for putting out exact words from
webinar.
Pps will jump fast once we see a p.r for
additional funding done and production
date released.
that is really why the pps has been
gone down due to uncertainty.
Almost 180 days now ?
All we need is press release stating
exactly when production starts but
unfortunately this is tied to additional
funding.
Soon as that p.r hits, there will be no
more doubt that mmtc is out of
development stage.
Until then, there will be too many
talks while pps sleeps
Total amt is $4.5 mil including warrants
It is $1 mil not 4.5 mil but 4.5 mil shrs
Are they buying because of confidence
that big boys bought at 0.22 4.5 mil
shrs ?
Usually stock drops righ off the bat to
similar price sold to inst.