The crap spewed out by mhtx management is simply incredible. Now they attempt to paint the fact that they ran out of capital to support the continued research needed to keep the MRX technology alive as a good thing. Based on the small price bump, apparently a few people are buying it.
Meanwhile this newly concocted spinoff company needs to raise the cash on its own which means dilution, dilution, dilution. Not a mention of where the MRX technology stands, not a word of progress by MDA or the other two academic research projects, no time frame for beginning human trials even as another year comes to an end. Give them credit for actually mentioning the coming dilution in a p/r, and also being up front with their earlier statement that any financial success if ever achieved by the new company may or may not be shared with mhtx shareholders.
Could the recent buying be based on Manny and his ability to commercialize the metals technology? Track record would say not likely.
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