Telzuit Medical Technologies, Inc. (fka TZMT)

[tedpeele]

TMZT's decline is perhaps due to the significant dilution this year, found in the SB-2 filings. My understanding from the company is that outstanding shares is now somewhere around $80 million. 10K is due out in a week or so. I am curious as to what the cash level is now. It was close to zero last 10Q, but then they did the convertible. However, their burn rate has been so high, who knows what it may be at now? I like the concept, but these factors are keeping me on the sidelines, and (I think) can account for the share price drop. Yahoo says the market cap is between 5-6 million, but it is actually double that.

ted