Thursday, January 06, 2011 12:32:05 PM
Full context:
Dear Mr. J. Ricardi
I'm investor of Micro Identification Technologies and definitely see in your company good investment for long period of time.
The cooperation with OSIO fabrication, it is sort of privileges which small company is looking for and feeling of strong back
has always been critical for starting any type of production, especially unique one .
During the last couple month we, investors and I believe the company too, were focused on one of important events since 1930.
Approving The Safety Bill legislation by the Congress and finally by the President.
Now, finally, all roads are clean and I suppose we going to sign some critical strategic contracts on supply of MIT 1000 .
Since you have published your last article on 17-Apr-2010 passed nearly 10 months.
http://www.foodsafetynews.com/contributors/john-ricardi/
You are a contributor to the Food Safety and person who involved in daily activity of the company .
I prepared number questions which can attract interest for another investors.
Q1: How will recently signed Safety Bill impact the number of contracts which have waited for this legislation ?
Along with the success of approving the legislation document growing concern of such painful obstacle:
The anticipated budget for its implementation is 1.4 billion dollars.
http://www.care2.com/greenliving/the-food-safety-modernization-act-raises-questions.html
Q:2 In your opinion, How strongly this $1.4B US will weight on our customers ?
Q:3 How can this complication influence our future production and reduce numbers of business which are interesting in
MIT 1000.
Thank you for your time and hope hearing from you soon.
Your faithfully,
MMTC - Investor/Shareholder
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