mmtc BS galore. This is how mmtc finances the con. mmtc is not designed for the retail investor. It's designed for BAGHOLDING.
newhuis, who many portray as a god, is another accustomed to making money at longs expense. Try reading mmtc financials sometime. Between May 9 and September 28, 2012, the Company issued a total of 800 million shares of common stock to Gregg Newhuis, a Director of the Company, for proceeds of $800,000, or $0.001 per share.http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9041027 SWEET. The split adjusted price for the period was about $1.25. http://schrts.co/2Tr9c3 So, let's see how great of deal newhuis got..... 1.25/500=.0025. Geepers!!!!!!!!!!!!!!!! newhuis got all those millions of mmtc shares for a 150% discount. How freakin' special. Does anyone actually believe he just sat on mmtc stock when he could make a killing immediately? He knows mmtc has nothing. He got a front row director seat and laughed all the way to the bank. Other stock he bought had a 54% discount to market. Most independent insiders get 39% to 54% discounts to market and often holding positions of 31 cents or lower. Guess where price rides in the last days of mmtc? LOLOLOLOLOLOLOLOLOLOLOL Anyone capable of reading REAL reports from government publications can see mmtc is about to fall from existence.
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