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Kgem

12/05/10 10:46 AM

#2610 RE: diy_investor #2609

Well, you could be right diy investor, but look at the published date. I sent an e-mail to MMTC to ask for comment, and will post the response when I get it. This could be something new for MMTC. Although MMTC always had this capability, management has previously told me that water treatment was "down the road." There is a lot of money in the water treatment area, so if this is a new twist, maybe some good news is coming (we could sure use some good news at this time). Best Regards.


Kgem

Kgem

12/06/10 9:52 AM

#2611 RE: diy_investor #2609

diy investor is correct!!!! The businessweek article is outdated, inaccurate, and unauthorized. Apparently, the author of this article did not contact MMTC to verify any of its information. Instead, they used file information from before MMTC became Micro Identification Technology. MMTC is not currently pursuing the water treatment facet of the business because it is difficult and costly to gain a profitable foothold in this area. Hope this helps and clarifies the situation.


Kgem