MediaTechnics Corp (MEDT)

[mike_smith]

Incompetent Management Not Share Structure The Problem

The only thing this company's management has to show for the past few years is a poor quality Weedmaps website and mobile app clone.

And some vague talk of entering the CBD market they have nothing to show for the past year since they first put out a press release.

There is no indication that MEDT's current management has the competence to generate any sort of significant revenue, let alone profits.

If the CBD stuff they claim to be working on was real there would be constant press release updates, interviews with the execs involved from the participating companies, photos of company sites being built or leased, etc.

This is a dead company with the current management. Anyone thinking a company with no revenue and nothing but a dead website and mobile app is going to explode in price is delusional.