MediaTechnics Corp (MEDT)

[mike_smith]

Still Trying To Figure Out The 'Scam'

There was a new CEO three or four years ago. Has been a complete failure. Despite the incompetence, he isn't pumping the stock constantly.

The couple of press releases over the past year have been complete jokes that no one would ever describe as being part of some insider selling scam. A reminder that they are still working on their poor quality Weedmaps clone and that they are agreeing to talk to some other small payment company.

No one cared about these press releases. No one covered them in the press.

A penny stock scam would have a CEO hyping the stock non-stop, putting out press releases with wild claims implying huge future revenue and profits, a recognizable pattern of insider selling of large similar sized blocks every day to try to minimize crashing the price.

There are other penny stock marijuana pump and dump scams going on right now where it is blatantly obvious. MEDT is clearly not one of them. Or at the worst MEDT management and these mysterious behind the scenes figures Chrissy and Ricky just aren't very good penny stock scammers.

There is nothing to see here with MEDT:

* Obviously incompetent management who haven't been able to execute over the past few years despite cannabis being one of the hottest growth areas with investors throwing huge amounts of investment cash at companies.

* A failed attempt at a poor quality Weedmaps clone

* No other sources of revenue

MEDT is just another failed penny stock that is limping along with no revenue and profits, no hope for revenue and profits, and no idea what they are doing.