Followers | 76 |
Posts | 14090 |
Boards Moderated | 3 |
Alias Born | 07/06/2006 |
Monday, May 14, 2012 12:59:20 PM
MMTC has all the markings of scam:
- 2,500,000,000 AS with over 1,250,000,000 OS and counting
- Its only income is from convertible debentures that destroy shareholder equity
- Given timelines are proven errant
- Musical chair CEO's, the latest having been involved in stock fraud per SEC
- No confirming pr's from said joint partners. In fact, one said partner said do not believe anything unless it comes from them.
- Large unpaid bills - Said certification never paid for
- No peer reviews of product, no university commentary, no meaningful endorsements
- 100 units were built but no one has seen them
- A touted patent is over twelve years old and the patent brief states the device has nothing to do with what MMTC claims
- No major players in a said major device - no pr's from Toshiba, OSIS or anyone
- Said science outperforms existing science exponentially (cost, time, field performance) - too good to be true
- Bulletin boards full of exhuberant kool-aide claims
- No reputable financial backing
- the list goes on an on
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