Telzuit Medical Technologies, Inc. (fka TZMT)

[goodlive]

Today MM's playing with stock again - short selling.
vol. over 300,000 down up to .15 , close .17
What a shame, the company did not fail until todays milestone.
IMO: Share price should be over .70

Company to Obtain Certain Corporate Milestones

i. by May 31, 2006, the Company shall have opened and produced revenue at 2 Clinics
ii. by June 30, 2006, the Company shall have successfully completed a final prototype of the “Bluetooth” technology delivered by CSR;
iii. by July 31, 2006, the Company shall have (a) Successfully Tested the functionality of Bio-Patch Wireless Halter Monitor and (b) released Bio-Patch Wireless Halter Monitor to physicians for final testing;
iv. by September 30, 2006, the Company shall have opened and produced revenue at 3 Clinics;
v. by October 31, 2006, the Company shall have billed and collected revenue of at least $10,000 on the Bio-Patch Wireless Halter Monitor;
vi. by December 31, 2006, each Clinic shall have attained an annualized gross revenue run rate, based on the revenue earned during December 2006, of $350,000;
vii. by December 31, 2006, the Company shall have a Cash Burn Rate, based on operations in December 2006, equal to or less than $100,000; and
viii. by December 31, 2006, the Company shall have annualized gross revenue, based on the revenue earned during December 2006, on Bio-Patch Wireless Halter Monitor equal to or greater than $1,000,000.