Micro Imaging Technology Inc (MMTC)

[diy_investor]

Kgem,

Did you receive a response from management regarding an update on shares outstanding? On September 15th, 161.8 million shares were outstanding. Management's ownership filings since that date stated that 11.1 million additional shares were issued.

The company should provide shareholders an update if a significant amount of additional shares are being issued. Typically, if share issuance is small, this can be done through quarterly filings. But if a large number of shares are being issued, then the company should report this through an 8-K filing (IMO). My understanding is that the next quarterly filing will be the 10-K and is due around the end of January.