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Re: VortMax post# 7993

Thursday, 08/11/2011 12:45:55 AM

Thursday, August 11, 2011 12:45:55 AM

Post# of 113928
Same deal DUTCHESS gave VKNG beofre it ran from .003 to $1.15 in less than a month!!

www.massdevice.com/news/viking-medical-gets-5-million-equity-line-dutchess

MMTC Offical SEC $5M Prospectus and PPS .11

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8052948

It's Dutchess. They have agreed to put in up to $5M over 36 months.

MMTC will issue no less than 40M shares, and a maximum of 125M shares for the $5M depending on market conditions and MMTC's stock price.

This puts MMTC between .04 and .125

More specifically, the 36 month agreement gives MMTC about $1.7M in cash/year, which can be considered earnings to grow with. Use PE 20 on $1.7M, get a net worth of $34M. The O/S will be near 300M according to the SEC Prospectus Filing, so that is PPS .11

Dutchess, by the way folks, is a $3B fund

Second from right side, 4 down. Boom:

http://dutchesscapital.com/select_deals