Micro Imaging Technology Inc (MMTC)

[StrengthenNumbers]

But what is the catalyst?







I still like the story here, but for those thinking we are going to dollars, what specific event will make the market think MMTC warrants a sudden $25M valuation? A buyout by a major like J&J or 3M? That's a long way off unless their university partner publishes a very well received and documented study and the rest of the identifiers are in place at the time.

So at this point, I have to assume that the impressive recent upside moves are simple loading by traders, and they will take what they can get in fairly short order. I have free shares left here since I took profits and left a free position on the run to .019, so any significant move is gravy to me. I just don't see any pending developments that would carry this back to post-split PPS.

Yes, we have heavy insider holdings, yes those folks are probably working hard to enrich their own portfolios, but I don't see a business model that will suddenly leverage the company's intellectual property into multiples of current prices. I'd love to be wrong, and I'd definitely learn a lot from the experience if it happens, but I'm not seeing it.

Opinions to the contrary are welcome. I'm not trying to assist the saboteurs, just keeping it real. MMTC has intriguing technology and a long history of plodding along unprofitably with it.