InvestorsHub Logo

ramad

04/27/17 6:13 PM

#5925 RE: Lintin #5924

@litten, if what you state is correct about MTIA you are a key witnesss for a shareholders suit against echo and all the executives and board members from the past starting when Echo made a license agreement with echo. Echo had to do a due dilligence report on MTIA prior to signing any license agreement that they were capable and knowledgeable to perform the duties of the agreement. That would be a fiduciary responsibility of the CEO and board members to the shareholders.

Secondly, scott Hollander repore
to the shareholders of his trip after his visit to MTIA facilities in China. He mentioned that MTIA had the whereabouts to develop echo's technology in conjunction with echo. That MTIA had success in developing other devices as well as the personal.

Secondly, If Scott was aware that MTIA was not equipt to develop the CGM he was misleading the shareholders about the progress MTIA was making and the false representation that clinical trials would start originally in July.

My advice to you is that you document everything you know is true and get in touch directly with someone with the SEC and they will guide you as to what paperwork you should submit and possibly an affidavit attached to your statements. The SEC will most definitely will look into it.