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Friday, 08/09/2013 9:15:55 AM

Friday, August 09, 2013 9:15:55 AM

Post# of 421
From MKTY's recent 10Q MD&A

Although MTI Micro continues to believe in the potential of its Mobion® based power solutions, operations have been suspended since late 2011 at MTI Micro until such time as market demand and other deciding factors, including obtaining additional external financing, the successful completion of customer trials, a new development program with a government agency, and/or a customer order come to fruition. MTI Micro will continue to seek additional capital from external sources to resume operations and fund future development, as warranted. If MTI Micro is unable to secure additional financing, a new development program or customer order, the MTI Micro board of directors will assess other options for MTI Micro, including the sale of its intellectual property portfolio and/or remaining assets.



Maybe Van can explain the suspension of the DFMC technology per the 10Q dated 30 June??
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