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Did you even open the link and read the filing? The numbers I posted are from the filing.
Here is the link.
http://ih.advfn.com/p.php?pid=nmona&article=49191652
Mods should remove post #7942. It is totaly false.
Wrong. Your statement is false.
Revenue for the three months ending 6/30/2011 was just $34,271.
Net loss was $321,383 for the three months ending 6/30/2011.
$3,174,529 is the TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
http://ih.advfn.com/p.php?pid=nmona&article=49191652
My guess is tomorrow or Monday.
Livin, I can't answer your PM since I have a free account. Not sure what the 10Q will hold, but I am taking the gamble on positive news to follow once the quiet period ends.
Those revenues should be in the Decemebr 10Q if all goes according to plan.
I wonder how big of a bag some here are holding. That is usually where a lot of negativity comes from.
The bias of a few do not change anything. MMTC has enough going for it to make investors money from here ...in my opinion.
I don't think anyone will be shocked when there is zero revenue for the last quater. Anyone who has done any DD at all knows that this company is just now moving from a developement stage to sales.
But there could be some positive surprises. I believe the 10Q will also mark the end of the quiet period. This would open up the possibility of additional PRs to follow soon.
all or none?
You would be over qualified for their investor relations department, but I like your skill set.
I would hope everyone here is qualified based on the posting details. It's just an assembley job.
According to the PR in August, there is a delivery that is due at the end of October. I suspect this job posting is a result of these orders needing to be filled. Great news.
Nice Find! This is very interesting. This is the first time in the 5 years that I have followed LNGT that I have seen a job posting for them. (I have searched many times in the past as part of my DD.)
I see this as a great developement.
Micro Assembly Technician
Laser Energetics (laserenergetics.com), a leading manufacturer of solid state lasers, needs a full time Micro Assembly Technician. The candidate must have good manual dexterity, visual acuity and communication skills, have a minimum 3 years experience assembling very small components using optical aids. The candidate must be computer literate and have some experience operating general lab instrumentation. In-house training on micro-assembly of diode lasers and optics will be provided. Following a period of hands-on work, the candidate will be required to perform these tasks as well as performance troubleshooting with minimum supervision.
Some knowledge of optical components, LEDs or diode lasers is a plus, but not required.
The position requires a high school diploma or equivalent. Some paid OT will be required. A full benefits package is included.This position offers significant near term growth opportunities, based on the candidates skill set.
I believe you are correct. The 10Q should come out at the end of the week. This should mark the end of the quiet period as well.
Based on these assumptions, it is quite possible that we could receive additional information from the company next week since the quiet period would be over.
The 10Q is due this month.
If the 10Q does not come out on time, I believe they would need to file a "Notification that Quarterly Report will be submitted late".
As for the "quiet period", we don't know when it started or when it ends, so your guess is as good as mine.
It is still my opinion that we will get the 10Q next week.
The 10Q should be out by the end of next week. We should have something real to discuss then.
Good luck.
I don't think MMTC is a scam. There is not evidence of that. However, there are a lot of people here who are full of it and like to post about their fantasies.
Not really. All speculation. And on what? Some facebook posts? lol
Don't bank on those rumors. There is real news coming, and it will be the 10Q. The 10Q could come at the end of this week, or sometime next week based on the timing of the last 2 quarterly reports. Most likely next week. This is what I am waiting for. I suspect the 10Q will answer some questions.
Those rumors are nothing but someone's fantasy in my opinion. Notice how someone said they would post evidence this morning? Didn't happen did it? There was no evidence posted because it is not true.
When others tell you to buy or sell, they are usually not looking out for YOUR best interest.
I agree 100%. Couldn't have said it better.
I think the pps will fall back around .005 or lower when people realize these rumors are bogus. (my guess is noon.) It will be a good buying opportunity in my opinion.
Quiet period. There will not be any news for a while.
I actually have bid in that is higher than .0046, but it is not showing yet.
Just some made up rumors in my opinion. There is plenty to like about MMTC without these crazy rumors.
oh wait... Here is a conversation I just had with a guy I know.
Me: Hey guy what's up?
Guy: Not much. Did you hear about MMTC?
Me: No. What is going on?
Guy: It will be worth a gazillion dollars per share next week.
Me: That's great.
Guy: Yes it is. You should go buy as many shares as you can now. Also, I have some magic beans I can sell to you.
IHubber: (Over hearing this conversation) How much are the beans?
(This has about the same credibility in my opinion. None.)
I'd love for it to be true, but i just don't see anything to support it. Anyone can make up a story like that. I see no merit in it at this point.
We'll see I guess. I am still very curious about the 10Q. It may answer a lot of questions.
Looks like a lot of hot air here today. Bogus rumors if you ask me. Didn't anyone learn from that last round of rumors about the 8K. I think this is all made up.
I am long on MMTC, but I see no merit to this latest rumor.
Unless you are day trading, I do not see the point in watching the minute by minute fluctuations in the pps.
If you are long, sit tight for the 10Q and a possible PR prior to the shareholder meeting.
Watching it all day everyday is just a waste of time. IMHO
(10Q) Here are the dates of the last two 10-Q's for MMTC
6/20/2011
3/22/2011
I expect the next 10-Q by the third week of Sept at the latest.
I guess it all depends on where you bought. I bought between .0017 and .0022. Cashed out $10K the first time we cracked a penny. I am still holding the rest of my shares since they are "free".
Sorry you bought near the recent highs, but I still think we could retest those highs again if we get the right news before the end of the month.
I agree with you comments about the volume. The drop in pps has been on very low volume. With good news, the total volume from the last week and a half could be surpassed in less than a day. We would move back above a penny very quickly in my opinion.
I would be more concerned if the pps declined with 75 to 100 million in volume. I am still holding until at least the 10-Q.
It is my opinion that we could see a PR shortly after September first. If they do announce any kind of forward split, it would be after the Sept. 1 date that was mention in the filing. You need to be a share holder as of Sept. 1 to vote at the September 30th meeting, so I suspect that they will give those shareholders some addition informaiton via a PR prior to the meeting.
The 10-Q is also due in a few weeks.
The 10-Q is due before the vote on the the AS increase.
Investors are not running from MMTC based on any of the recent info. The vast majority will be holding until at least the 10-Q in my opinion.
It is my understanding that a company would need to increase the AS before they could do a foward split. There would have to be enough authorized shares to accomidate the share count after the split. (Correct me if I am wrong, but this is my understanding.)
I have found that other companies have increased the AS to accomodate a forward split.Here is an example: http://nanotechwire.com/news.asp?nid=665
I am not saying that MMTC is going to do a forward split any time soon, but in theory this would make sense. If they expect a huge run on the pps they may be setting the stage to be able to performa a forward split. At least that would be among the options from increasing the AS as I understand it.
Options after increasing the AS:
- Mergers & Acquisitions
- Forward split
- Raise capital (dillution)
- other?
just my opinions.
Again, increasing the AS in neither good nor bad. It just depends on what they do with it.
volume still low. Looks like most are holding for the 10-Q
I am guessing that we will get a PR soon that will explain things further.
I suspect very big things are comming. All the clues are starting to add up. Can't wait to see that 10-Q in a few weeks.
The Annual Meeting of Shareholders is to be held on September 30, 2011.
The 10Q will come out before then. It is also possible that an additional PR with potential good news will come out before then as well.
The 10Q and other possible September news is the play to wait for in my opinion.
That is not always true. Additional shares will be needed to grow in the future.
Looks similar to the pattern from early August before we saw the 800% increase.