Micro Imaging Technology Inc (MMTC)

[techtrade]

"I myself would rather wait on at least 2 quarters of back to back revenue at the very minimum before committing significant assets."

IMO, the trick to investing in a company such as MMTC (no profits, but lots of potential) is to not commit significant assets, just put a small bet down on the potential for a huge return. By the time there are 2Q of sales reported, the share price could easily be hundreds if not thousands of times higher.

Honestly, if MMTC accepts the $2 million and future royalties from the offer they received in late October, you'll be sorry you didn't buy some shares ahead of time. But to each his own. It pays to be early in my experience. Much better than chasing and buying tops.