Micro Imaging Technology Inc (MMTC)

[exisnet]

Original post here
forseer Share Wednesday, August 03, 2011 4:48:12 PM
Re: hi898 post# 7337 Post # of 21150

CONVERSATION WITH MR. BRENNAN = CEO OF MICRO IMAGING TECHNOLOGIES


I asked him a few questions again on another phone call because the first one left me unsatisfied -

Me: Mr. Brennan, I understand that you ordered 100 MIT 1000 machines in april from Opt Electronics, is that correct?

Brennan: Yes that is correct we released that information in April

Me: Have you received the machines yet?

Brennan : Yes we have

Me: Is there any type of sales force in place to sell the machines? For example cold callers who work on commission basis?

Brennan: No, we sell to a number of distributors who buy our machines at a discount and sell into the market for a profit.

Me: Do you have any projections for how long it will take to sell all 100 Machines?

Brennan: G-d bless you for asking (laughing), I cannot reveal even projections to a single share holder, let a lone a group, without making that information available to the entire investing public; but I appreciate your interest in our company.

Me: How do you expect to sell all of those machines without people on the phones all hours of the day making sales calls?

Brennan: We already have more customers than we can handle.

Me: Thank you for your time, I will call again in a few weeks.