InvestorsHub Logo
Followers 12
Posts 384
Boards Moderated 0
Alias Born 06/18/2010

Re: ysung post# 2053

Monday, 10/04/2010 1:54:09 PM

Monday, October 04, 2010 1:54:09 PM

Post# of 113927
Ever play the child’s game, “Telephone”? Every retelling of a story gets more and more out of whack.

So, here are John Ricardi’s EXACT words from the Webinar:

“ … we are now looking to raise about another two and one half million dollars, and that’s primarily to expand our inventory, build the infrastructure, and launch our market campaign.”

“We are working with three investment bankers, and as you saw in our press release this morning, one of them has already come through. We expect to have similar investments from this investor and others over the next several months.”


Ysung, the announced “new funding” is the first step. Isn’t that clear from John’s words?

MMTC is out of development stage, and into operational stage. They have demonstrated that they CAN interest investors and raise money. The raising of this money, as clearly stated, is a process. Some of which has been done, but more needs to come. Not on our timetable, but on the timetable dictated by the business world.

Patience!