Replies to post #25513 on Micro Imaging Technology Inc (MMTC)

[StrengthenNumbers]

"wouldn't that make dilution anecdotal"




No, it makes the dilution speculative.

For all the chatter about how this is a low-float, with many stating the "float is locked" without any hard facts, it seems plenty are somewhat cavalier about the potential for the float to grow by 100's of points.

Ditto for the inside ownership. It is a boon to the current shareholder, but a bane to those who buy now and see the O/S subject to arbitrary increase under an agreement to be voted on by the controlling interests.

And those same controlling interests want a tiered share structure. I'm not saying any of this is automatically bad, but neither will I assume it is benign or positive until more information is available.