Replies to post #101632 on Micro Imaging Technology Inc (MMTC)

[Top Penny]

MMTC ~ I love the fact that MMTC is backed by some deep pocketed individuals, it's right there in the most recent 10-Q. No revenue no problem, we have whales backing us! See the following from the most recent 10-Q...

The ability of the Company to continue as a going concern and appropriateness of using the going concern basis is dependent upon, among other things, additional cash infusion. The Company has obtained funds from several stockholders and believes this funding will continue. Management believes the existing stockholders will provide the additional cash needed to meet the Company’s obligations as they become due, and will allow the development of its core business.

[Top Penny]

MMTC ~ It's very telling that MMTC is affiliated with OSI Systems, OSI Systems is a juggernaut of a company with a market cap of 1 Billion! Very exciting indeed!


**OSI Systems Is Headquartered In Hawthorne, California**


**From MMTC' Most Recent 10-Q**
In April 2012, the Company commenced the production phase of its MIT 1000 Rapid Microbial Identification System with its Hawthorne, California-based manufacturing partner. The first two Systems were received in July 2012, with three additional Systems received in November 2012.