CONVERSATION WITH MR. BRENNAN = CEO OF MICRO IMAGING TECHNOLOGIES
I asked him a few questions again on another phone call because the first one left me unsatisfied -
Me: Mr. Brennan, I understand that you ordered 100 MIT 1000 machines in april from Opt Electronics, is that correct?
Brennan: Yes that is correct we released that information in April
Me: Have you received the machines yet?
Brennan : Yes we have
Me: Is there any type of sales force in place to sell the machines? For example cold callers who work on commission basis?
Brennan: No, we sell to a number of distributors who buy our machines at a discount and sell into the market for a profit.
Me: Do you have any projections for how long it will take to sell all 100 Machines?
Brennan: G-d bless you for asking (laughing), I cannot reveal even projections to a single share holder, let a lone a group, without making that information available to the entire investing public; but I appreciate your interest in our company.
Me: How do you expect to sell all of those machines without people on the phones all hours of the day making sales calls?
Brennan: We already have more customers than we can handle.
Me: Thank you for your time, I will call again in a few weeks.