Replies to post #34156 on Micro Imaging Technology Inc (MMTC)

[StockLearner2011]

The most recent insider buying price was .01, not .28 or .30. The high price buy was from year 2008

[janeyH]

You are wrong!

http://www.secform4.com/insider-trading/808015.htm

[Helter Skelter]

MMTC~ PROOF THAT THEY ARE NOT BUYS

The $.30 is a derivative security to exercise. So is the $.28.

They were both listed in Table II > Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)

Click on all the other CEO links that you posted and see that they ALL say this:

All common shares acquired were issued as compensation pursuant to a consulting arrangement between the Reporting Person and Micro Imaging Technology, Inc.

We've already covered this. The CEO negotiated, with himself, a consulting arrangement with his own company. Talk about SCAMMY. That's how he acquired most, if not all, of his alleged shares. Does he still have those shares? Filing says so. Do you believe CEO Brennan filings? lol...

We covered that > here. That dog don't hunt any more. Next.



Go ahead, click on EVERY CEO LINK that you provided in your post. Yep, they ALL say the same thing.



See more CEO & CFO compensation here.

In my opinion, they fleeced the company coffers. They fleeced the investors. They cut research and development...

The "device" is a front to sell shares.

Nothing more, nothing less.