Micromem Technologies Inc. (MMTIF)

[Ramberts]

Even more documented lies from this POS monthly update.

"The Company has been in contact with Chevron and our engineering team
charged with this work, and the project is proceeding as scheduled."

It is OFF schedule, they missed deadlines once again.

"The first field installation for the ATRA-171 is now scheduled for August 2018"

This first unit will/may be a test unit (if it ever gets installed), yet they have continuously lied that all testing has been completed since. What happened to those 2134987509817235 sales proposals they gained during the Abu Dhabi meeting? I'll tell you what happened, it isn't field tested so nobody is going to buy it until it is. There were never multiple sales agreements signed as some on this board have suggested.

This product is nowhere near commercialization, until it shows it is robust, accurate for at least a year in the field with little problems to no setbacks. Will it function during real world, not laboratory settings? We do not know, because it hasn't been tested on a live well, and the way things are looking, it may never.

Best bets for longs is MMTIF sells all it's patents and designs to a company that knows what they are doing. Yeah, paid consultants that charge more than SVF's salary is the trick, does the company even have money for more than 50 hours of work for each individual? What a joke.