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I doubt any meaningful p.r will come
at all. If there was any possibility, it
would have been hinted or explained
already from all of the previous p.r
all of mmtc prior p.r include all but
comments and opinions of the company
itself in which anything cannot be
verified by the market.
That is why price is keep going down
and will continue to go down.
One day, we might find the company
just totally standing still with absolute
no develpment.
One day might just be now !
Easily hit $1.00 ?? 550 mil mkt cap ?
Aren't you over the line here ?
Don't they ban e.cigarette in plane and
restaurant just like regular cigarette ?
Why is that when it is vaporless ?
Tks for your input
Yes, For those who bought on silly
hype in for some long painful period
if the company exists at all.
I feel current mgmt structure is not
healthy
There are whole bunch of e.cigarette
on the Internet and what's so special
about this ?
550 mil shrs now valued more than
10 mil with no revenue.
isn't this too much over valued ?
Mmtc always respond to inquiry e.mail
but not this time.
Good luck to those who have been buying
When it moves, usually down to what's
left of small gap between total zero
Seems this board is dead as much as
the company itself !!
Where are buys ? Didn't some say
will buy mmtc today ?
well, who would buy a dying stock
anyway ?
It is dead money now for sure 100%
company puts phone out of service means
that they had already packed and probably
gone.
With mgmt still intact and mark twain
buying shars, Monday should be good !
Why do some people always state that
they will buy and mmtc price always
end up in red anyhow ??
Why is that ?
Well that settles it good old John
is still with the company.
I wonder what he has been upto ?
From April letter from CEO states,
additional milestone coming shortly.
Is that something to keep in mind ?
Matter of days till this thing really
crashing down to zero.
With company in such mess, no buyer
will buy $30,000 device.
IMO, past p.r were just desperate attempt
to boost up the stock price but no
working obviously !!
That is a question that no one knows
and perhaps including mgmt.
When you place real po into a factory,
you will get production schdule, period.
If mmtc knew when will the delivery be,
they would have announced it in a heart
beat because they want the pps to go up.
It is very clear mmtc is having more than
serious financial problem as they even
delayed additional certifications to far
down the road.
Since some of the people on this board are
very proud of thier d.d,
I encourage somebody really findout if
one of the mgmt member is no longer
at the company.
Sent e.mail but no response.
I wonder who exactly in charge of
sales at mmtc.
Who makes an effort in selling M1000
at mmtc
It is not CEO or the lab guy.
Is John ricardi still with mmtc ??
From last two p.r march 17 and April 18,
no sign of John Ricardi who usually
makes comments especially on sales
related p.r
if, if he is not with the company, that
could be serious IMO
Funds are in place for production ??
$250,000 ??
How much did they have last 10 k report ?
Umm, what was that from certified
auditor ? "going cercern" ??
Running a place with salary don't cost
nothing huh ?
Last I heard from company itself, they
needed $1.8 mil dollars to start the
production and marketing.
That is $1.8 million u.s dollars
How does someone come up with
that kind of math anyway ? $250,000 ?
Rest of the market who drove the price
down don't know nothing aeh ?
that is some D.D Wow !!!
Where is the demand for M1000 ?
Where are the orders from real customers,
not committment ?
$5 mil equity deal is dead and everyone
knows this already.
They don't even have petty cash for
office supplies.
I say to mmtc mgmt, stop trying to
fool the public by issuing fluff p.r
$10,000 per unit is too cheap to produce
in osis USA facility.
I believe it is more close to $20,000
unless produced overseas.
Ask yourself this question as if you are
Osis......... Why & how would osis finance
customer order ???
Does mmtc have any material guarantee
for this kind of money ?
Osis certainly no dummy company
unlike mmtc.
I believe that committment p.r to orders
is just another fluff by mmtc mgmt.
If they had committed 100 units which
is a lot of money especially co like
mmtc, they would have announced
some kind of new money deal first.
We all know very well this company is
flat broke.
Why would they issue such p.r
stating that they had committed to
osis which I am sure cost nothing to
do ?
Because of mmtc stock price, equity
deal is dead.
Will someone loan close to $2 mil
to finance the 100 units ??
Looks like slow bleed to death.
Mmtc will not come up with plan to
back up 100 units of order to osis.
At current price of stock, equity financing
is dead issue and where would such
amt close to $2 mil come from ?
Mmtc has no plan to back up the
recent p.r for 100 units of committment.
It is just not possible for this company
to come up with such money close to
$2 mil dollars to pay to osis ??
Just not possible story.
Why did this company issue such p.r
stating that they made strong committment
for 100 units when they got nothing on
the plate ?
One can imagine by common sense that
to be listed on osis website mean
actual orders have been accepted by
osis with their required terms especially
for financial condition.
Mmtc p.r merely states that committment
was made nor states any standard info
such as XF date of the production.
mmtc p.r states 20 pcs as priority meaning
company like osis is unable to adv mmtc
their production schdule ?
For osis to list the orders rcvd on website
mean that orders were fully satisfied to
proceed in production which could be
worth about $2 mil dollars.
Do we believe that mmtc has stated any
comment or hint that they have satisfied
the financial terms with osis to proceed
the production ?
If mmtc placed actual orders to osis,
they would surely state production
schdule of the order even if it is only
approximate.
Mmtc would not miss that info because
they know it will greatly increase the
stock price.
Anyone spoke to the company recently
for update on any progress ?
Committment to order is nothing more
than an intention which can be cancelled
or revised at anytime.
Anyone who has gone through real business
knows this except who has not.
Did mmtc open letter of credit or secured
special financing to osis to back up the
committment of orders ??
People just don't get it that this is a lot
of money.
Company like osis will eat mmtc alive
in terms of deal making.
inside the p.r, only thing we see are just
company words stating committed to
production, no statement from osis
in regard to this, no internal back up
evidence what so ever !
If someone call this bashing, they need
to have their head examined.
Well, I don't Think most people would go far as
thinking any profit as this company
hasn't sold a single unit yet.
As far as stock being pumped & dumped,
it is entirely fault of people who buy
it without reading a p.r carefully.
Mmtc has been throwing words p.r
after p.r without showing real
proof of sales or production.
Looks like to break new low with
again big volume.
Last p.r stating delaying many month
for additional certifications really
threw off a lot of existing shareholders.
Are you asking if mmtc is my bread &
butter ??
Only thing drained here is the mmtc
stock value what's left of it in case
you have not noticed !
Does anyone think there will be any more
buying dips ??
People tend to buy on dips with no
p.r and with p.r, they seem to run
away now !
Good job mmtc mgmt !!!!!
Mmtc should just stop issuing p.r
unless they got something real !
Their p.r just piss off the market
and when will the mmtc mgmt learn
this simple concept ??
Well, mmtc would have p.rd already
6 am if the money was found.
Why would they issue such a p.r without
addressing the financing clearly
involved with such qty as 100 units ??
I am sure osis will not just produce
M1000 based on good faith.
It truly beats the heck out of me.
Mmtc is known for issuing fluff p.r without
Any hard evidence to back it up for over
a year.
They always issue p.r based on their words
and later applies delay in the middle
of another p.r and they always repeat the
same words from previous p.r
all you have to do is read and compare !!
Now additional certifications are out the
door for possible 5 month or more.
How dumb does mmtc think market is
based on yesterday's p.r ?
We commit to osis for 100 units and
and ?? We are talking close to $ 2 mil
dollar and where is the money ??
I guess now no one cares about additional
certifications, off the topic since mmtc
delayed to probably towards end of the
year.
This tells me they don't even have the
money to be certified and how in the
world do they just issue a p.r that they
have committed 100 units of M1000
without single piece of evidence
backing it up ?
Just unbelievable this company mgmt !!
I believe that today's press release seem
to be carefully washed legally just to
walk the fine line but provides no
sense of obligation to public shareholders.
Everyword is nothing new but repeating.
Only thing different is that two new
certifications are not within 60 days as
per prior p.r but now no particular
time schduled.
Another fluff p.r by mmtc telling the
shareholders nothing !
First, additional certifications are way
delayed which they are saying now
LATER this year and when is that ?
November or december ?
Why they stated 60 days from their
prior p.r which was from feb ?
Second, what the dang commited
tell the shareholders ?
Did they pay deposit to osis or did mmtc
secured real financing to support the
committment ??
This is just another same repeated style
of mmtc press release over & over again.
Without offering any particular details
of any kind, trying to hype it up in which
not working.
When is the xf date of first 20 devices
then ?
We want to know how they committed
to Osis for 100 devices ?
All they tell us is that mmtc commited
and that is it ? Anything else ??
While they are doing it, they sneaked in
another bad news of additional
certifications being way over delayed to
later this year !!!!
They keep doing it again & again month
after month.
No wonder price is down at the end !
Nice recovery for today !!