Micro Imaging Technology Inc (MMTC)

[StrengthenNumbers]

Not to rain on any parades...





...but Epic's assertion of their distribution deal vs. Mr. Brennan's statement from today is the sort of discrepancy that might foreshadow litigation.

I'm long here, many shares, and I've only sold enough to protect my initial capital, but lawsuits kill micro-caps and given today's PR, news of pending litigation would not surprise me. I'm not saying it will happen, only that such a difference of statements between these companies says that one or both parties may have failed to properly communicate the terms, or some loose ends may have been left hanging in a way that requires lawyers to sort them out.

I hope that's not the case, but the company has had many months to refute the terms put forth by Epic. Ideally we have terminated the agreement because more attractive terms are now available elsewhere, but we can't know that at this time.

I will retain copy of this posting for future review, in case someone decides it's off-topic.