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08/08/18 3:17 PM

#651 RE: Fudalies #650

Fudalies .... Any the other guy,...I do know that The two families of the Founders of the company have invested far more than anyone else and their close friends have also invested along side the founder's families. So if the IIOT approach does not work out they will loose much more than the public.

And btw Joe has not drawn a salary all year. His biggest mistake has been in not recognizing that the company's last several years of concentrating on Fortune 500 type companies as the targeted market for the IIOT products has a downside to it. That downside is that big companies go really slow, do a lot of testing before committing to a big contract. The upside is that if the product is successful with a very attractive ROI on the cost of the product the size of the contract will be a huge amount of revenue.

What many are now failing to understand is that the technology is very beneficial in saving time and money for the users of the equipment. And the equipment is fairly expensive with a very attractive royalty to MMTIF.