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Thursday, December 01, 2011 12:55:18 AM
Yes, and they did it with the principal officers putting close to 20M of their own cash on the line to advance this technology. Ask yourself (A) How did they end up with those millions? (B) Why are they willing to invest their own capital with this venture? and (C) Have those officers had successes in the past that might clue one in as to the likelihood of them knowing more than message board doubters?
Reading Is Fundamental, and it goes beyond balance sheets. Look at the people holding the majority interests and the companies they have in their past.
And yes, I have checked the edgar filings. For a company to have come this far with such paltry resources says a lot about their management. Some of us read those filings when the shares were in the .20+ range, then watched until they could be bought for .0016. Flip a few piles and one can be sitting pretty with many free shares, waiting patiently for Brennan to get his cash back in appreciated shares as MMTC phases in large-scale production...
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