Micro Imaging Technology Inc (MMTC)

[200WestNYC]

After seeing the activity on this board I spent the last several hours reviewing 10Q's for MMTC going back to 1996. Gentlemen I wouldn't touch this company until they had a full 2 quarters of sales booked back to back. This firm has been far better at selling shares of stock than it has been at selling product. There are no more than $60,000 in sales for this company going back to 2007, and in the decade prior it was nothing but net losses year after year with the only assets coming from additional paid in capital.

Take a look at the Edgar filings. I am sure that the management team was quite impressive in person, they are intelligent people as their background shows, but having been unable to generate even a million dollars in revenue since 1996 is a significant red flag.