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MGTC - Some DD. All it would take

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e-ore Member Level  Monday, 01/21/13 12:55:13 PM
Re: e-ore post# 82
Post # of 1269 
MGTC - Some DD. All it would take for major gains would be news or financials. A bit of a wakeup on 1/10/13 but back to sleeper status since then. Thanks to SuperC for his help here.
Company website http://www.megatechcorp.com

Share structure:
5,000,000 authorized
Last confirmed outstanding: 3,811,944 (1/12/12)
Market cap at .025: $95,298

Govt Contracts
$2,887,509 total, $316,390 in 2011, $199,941 for 2012 (as of 9/30/12)

Conferences/seminars/trade shows they attended in 2012:

Over 100 exhibitors at the iitsec conference December 2012.
And this info from their profile at the above exhibit last month shows new names not seen in their previous filings:
"Megatech has over 4,000 public and private schools, as well as Ford Motor Company, American Honda, BMW, General Motors, Kia, Mack Truck, Saab, Subaru that are utilizing our services for training."

Megatech is certified with the Automotive Society of Engineers (ASE) "CASE" program through 4/01/2014
"The CASE program offers a certification of providers of training for working technicians. The National Automotive Technicians Education Foundation (NATEF) will evaluate the training providers' process of developing and delivering training and then recommend certification as an ASE Certified Training Provider of Continuing Automotive Service Education (CASE)."

A current sponsor of the Ford/AAA Student Auto Skills Program, along with some major corporate names (Hertz, Cintas, Ingersoll Rand, et al).
"Megatech Corporation, a world leader since its inception in 1971, manufactures automotive and diesel training aids, mock-ups and cutaways. Using NATEF standards, Megatech develops turnkey training modules to provide hands-on competency based instruction for the latest technologies."

A sponsor here and for many years before:
2012 National Automotive Technology Competition

"Skip Saurman
Varant Basmajian
Seminar Title: Attend M.I.T. (Megatech Interactive Training, that is!)
Experience a unique, blended-learning curriculum for Automotive Technology programs. Taking you from an interactive, hands-on theory concept . . . to dedicated practice on industry component trainers . . . to final application on “live” vehicles (please note: some simulation may be necessary for this presentation).
All participants will receive a complimentary evaluation copy (computer CD) of this program. This CD includes a self-running demonstration as well as a link to on-line instruction and a “do-it-yourself” feature for accurate assessment.

Seminar Title: The Future of Automotive Technology Programs
Where do YOU think your Automotive Technology program is headed? Come and participate in a discussion on what the automotive industry may look like in the year 2020, based upon the combined knowledge of a few notable industry experts and presented by Megatech Corporation, a leader in quality automotive education. Learn what we are attempting to do in order to assure that your programs remain viable and up-to-date.
You should leave this presentation with the knowledge to either build upon what you are already doing successfully or initiate the changes that can enhance your program to meet the future needs of the automotive industry, including some important resources for funding.

MGTC is an "educational partner" here http://www2.palomar.edu/pages/diesel/educational-partners/

This company is an authorized reseller of Megatech products

They're connected here

Had sales in Australia in 2010-2011
"Emerald TAFE
Emerald TAFE as like Rockhampton TAFE, have purchased quite a variety of Megatech Automotive Training Equipment to service the requirements of their student group who predominantly come from the various mines within the Emerald District. These Trainers service the Light to Heavy Vehicle Range and combine Brake, Propulsion and Electrical Systems Training."

"Barrier Reef Institute of TAFE (BRIT) located in Townsville has recently purchased identical Hampden Enginnering HVAC equipment to service the same needs as Rockhampton. In addition, the Automotive Dept has purchased a number of pieces of Megatech Automotive Trainers to support the Automotive Training they provide. Again, well done to the management and staff in both areas in selecting Hampden and Megatech trainers to assist with their training programs."

Some other tidbits:
"Remarks by Mcc Chief of Staff Steven M. Kaufmann Marking the Completion of El Salvador's Mcc Compact
States News Service; October 10, 2012; 700+ words ...000 households to the electricity grid; * 81,700 residents are benefiting from small bridges and rural roads; * a new Megatech vocational training school was constructed; and * an additional 20 technical high schools have been remodeled and equipped..."

They re-upped their trademark in 2012

Mr. Vahan V. Basmajian President


Board Member
Merrimack Valley Economic Development Council Inc

B.S. degree , Business
Bentley College
Masters Degree , Aeronautics

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.
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