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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.
Why the price not dropping to 0.22 ?
Anyone care to comment ?
Yeap, with all the positive posts, no one
is even buying at 0.019
I am done buying more
Anyone buying taking advantage of
this low price opportunity ???
Why would two big buyers even buy
imgg shrs at 0.218 if this is a dead case ?
Imgg raises $I mil for next year operation
4.5 mil shrs at 0.218 to inst buyers.
Is this good or bad ??
Pumping is just not the way to go and
some people just can't help it.
Market is much smarter and that is why
pps is what is at.
It would be interesting to see if anyone
buys tmrw because it is such buying
opportunity.
Isn't that what I said, several month
for new additional funding ?
But it is hardly short time soon.
Without it, they cannot finalize osis
deal.
I am merely stating a fact from the
company
Kgem, try again webinar.
John Ricardi said word for word, additional
funding will take several month right after
he said new funding already came
through.
trust me, I do not put out made up info
as I own chunk of it
It doesn't bother me for revenue deayed
to 1qr 2011 if they get orders this year
because mmtc was just R & D co not too
long ago.
Big hurdle is the short term financing
that they need to get going with osis.
Question is how soon can they
put it together ? During webinar,
John said several month which I
hope it is not true in reality.
I was worried about webinar and CEO
Michael actually spooked the investors.
Proof is our pps and no one can dispute
it.
anxiously waiting for some news with
teeth.
In my humble opinion, without getting
one of these device into the hands of
real customer who uses it in real world
as fast as possible, what ever you
described won't mean much.
Company will do all that in time along
with sales but getting a finished product
by osis into real world is most urgent
task right now and it needs to be
worked out with more financing.
Then, they will have real data to show
and thus more negociating power with
other entity.
in my opinion.
It is not about what I would do and it
has absolutely nothing to do with it.
I am interested in knowing the facts only
and if I have some question, I would
prefer to ask someone who has better
understanding than me.
just because I own the stock, doesn't
mean I have to act hi ho all the time.
aren't you tired of board just cheering
no matter what ?
Hi vin, it is good to know that insiders
are exercising some options.
But those newly issued stock still
contribute to increase of total
outstanding shrs ?
Tks for your comments and I understand
the part that their nbr one priority is now
to start the production as soon as
possible more than anything to hold
any serious conversation with big boys.
I was merely asking anyone's opinion
why chairman was speaking kind of
weird because I heard him on you tube
which was fine.
Did you not think it was kind of strange ?
Was it some kind of technical thing
through webinar ? I wasn't sure.
I thought this board was to discuss
things and if one had an opinion,
one could offer to another without
the obligation of being right or wrong.
If not, what is the point of this board.
i listened to webinar posted on mmtc website.
john ricardi sounded great but why was michael, chairman
sounded kind of slow and strange ?
chairman michael certainly was not communicating well for
some reason.
is it just me who felt that about chairman ?
also, i heard it would take $100,000 to file for fda 510k
application which may take about a year to expand into other markets which is not mmtc primary concern at this time.
question i have is.... john ricardi said it would take several
month to get more financing and will mmtc still be able to
start production this year then just as they already press
released "on track" for production ?
anyone thoughts ?
yes, I hope that they finalize the
rest of loans as quickly as possible
to inform all the investors when the
mkt will start to rcve MIT 1000.
Hi kgem, aren't these form 4's indicate
shrs issued to each individual officers
for their work rather than buying them
on open mkt like we do ?
Webinar not posted yet ?
Can you describe what it is about ?
Can't open the link
My questions were very simple and maybe
other members knew already.
A. When does the device come off the
Plant exactly ? Currently, no exact
Date avail yet because they need to
Get more short term loans and then
They will pay to osis to get exact
Production date produced.
B M1000 is already Certified for listeria
Only but trying to get two other bugs
Certified as well.
Bottom line, they need to get two
More short terms loans from banks
And we shall see some goodie news.
Personally, I don't care if they sell
5 or 25 units this year.
I want them to sell the device fast to
Real customer so we can rcve real
Live update that this device is really
Working saving money and hopefully,
Lives.
After that, we can all imagine the story.
My friend, trust me, I do not wish to
average down no more.
it always goes down after conf when
there is no striking news.
anyway, I do believe in the mgmt which
is very rare in a pennyland.
I added 0.018 no problem.
soon as they get rest of bank deal
done in near future, we will know the
date MIT 1000 rolling off the plant.
anybody bought today ?
i guess some weak hands sold off
Kgem, tks and I also rcvd clear reply
from the company for my question.
I guess whole thing is really depending
on how fast they can get the short term
loan to start the production.
until then, I am afraid our pps will
continue to suffer
Doesn't MIT 1000 already detect salmonella
and listeria under current capability for
rapid testing ?
Without being certified which is next
year 1 st qtr, the device does not have
capacity to detect for rapid testing.
Hi kgem, were you guys able to see
who actually attended the webinar ?
Anyone from investment community ?
How do you come to 3.5 to 4 mil
even if sold all 25 units as I understand
it is around $30,000 a pc ?
did the company state when will
the production start ? October or nov ?
I could not make it