Replies to post #58981 on Micro Imaging Technology Inc (MMTC)

[Militia Man]

If there was any credible DD behind the statements I could try and take it serious. But I can't with this link, spelling out the truth. Truth is what we are after, after all are we not?

http://www.toshiba.co.jp/rdc/rd/topics_e.htm#1204_01

TOKYO-Toshiba Corporation (TOKYO: 6502) today announced the development of NPEngine™, the world's first hardware engine for streaming servers that directly delivers video content from SSD to IP networks, without accessing the server's CPU or memory resources. NPEngine can simultaneously deliver up to 64,000 high quality video streams at a rate of 40Gigabit per sec, far surpassing the performance of a typical server, and reducing power consumption, the number of servers and the space required.

What you overlook about Toshiba is the Toshiba thought to be involved with MMTC is the machining business, not the computer business.
Cottonmather

[Militia Man]

MMTC~ Keep all this in mind.. Newhuis sits on the Board of WinTrust Bank..

http://ih.advfn.com/p.php?pid=nmona&article=52337735

Quote:
Mr. Newhuis' banking experience dates back to 2001 when he was part of a group of eleven individuals that originated Advantage National Bank and Trust Company, N.A., a de novo bank located in Elk Grove Village, Il. In 2003, they successfully sold the bank to Wintrust Financial Corporation (NASDAQ: WTFC). Mr. Newhuis continues to serve on the surviving bank (Schaumburg Bank & Trust Company, N.A.) Board of Directors and more specifically on its Credit and Risk Committees.


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This is BIG~ TMAC Acceptance Corp is connected to the original Toshiba that goes back to 1875. Mr. Gregg Newhuis is directly related and is part of and is currently working in the Finance leg of Toshiba under a private label, imo. Toshiba asked him to start the private label

http://www.toshiba-machine.co.jp/en/company/enkaku.html

http://www.toshiba-machine.co.jp/en/company/kankei.html

http://www.toshiba-machine.com/

http://www.toshiba-machine.com/financing_contacts.aspx

Leasing!!

http://www.toshiba-machine.com/calculatormainpage.aspx

Quote:
We are Toshiba’s Own In-house Financing:
Because we are located in Toshiba Machine Co., America’s corporate headquarters and because we only finance Toshiba equipment, our product and industry expertise enables us to truly understand your business and your needs. ~


http://www.toshiba-machine.com/financing_services.aspx

http://ih.advfn.com/p.php?pid=nmona&article=52337734&symbol=MMTC

Quote:
"Gregg is an outstanding addition to MIT's Board," stated Jeffrey Nunez, Chairman and CEO. "His background in business and finance is a perfect fit as we expand our efforts to meet an aggressive revenue plan for the coming year. Further, Gregg's commitment to a significant investment in the Company speaks to his support for and confidence in the Company and its growth potential."

Mr. Newhuis brings over thirty years of equipment leasing, asset-based financing as well as commercial and retail banking experience to the Board. A 1981 graduate of Eastern Illinois University, he earned a Bachelor of Science degree with a major in Finance and minor in Economics.


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Mr. Newhuis started his finance career in 1981 with Walter E. Heller & Co., working in the Municipal Finance and the Commercial Industries divisions. In 1987, he accepted a position with Phoenixcor Financial, a New York-based finance company, to open and manage an office for them in Hinsdale, IL. In 1991, Mr. Newhuis accepted an offer from Toshiba Machine Co., America (a seller of plastic injection molding machines, machine tools, aluminum die cast machines and robotic equipment) to start and run an in-house private label finance company. He currently continues to operate in this capacity.

Mr. Newhuis' banking experience dates back to 2001 when he was part of a group of eleven individuals that originated Advantage National Bank and Trust Company, N.A., a de novo bank located in Elk Grove Village, Il. In 2003, they successfully sold the bank to Wintrust Financial Corporation (NASDAQ: WTFC). Mr. Newhuis continues to serve on the surviving bank (Schaumburg Bank & Trust Company, N.A.) Board of Directors and more specifically on its Credit and Risk Committees.


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MMTC~ This is the Global site for Toshiba.. It links all Toshiba and we have a connection to the TMAC Acceptance Corp. financing leg with Gregg Newhuis at the helm. Not to mention Toshiba Machine may help make portions of the MIT1000As, who knows? Looks good though.. SWEET! lol

http://www.toshiba.co.jp/index.htm

http://www.toshiba-machine.com/financing_contacts.aspx

Lets not forget the share holder meeting talking about Insurance for the food industry. WTFC may be involved don't know yet..? We do know that Gregg sold WinTrust Financial Corp. and it is still successful.. Nice!

http://www.wintrust.com/specialized-services/insurance-agents-a-brokers.html


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MMTC~ Toshiba Machine

http://www.toshiba.co.jp/about/press/2012_04/pr0901.htm

http://www.toshiba.co.jp/index.ht

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Micro Imaging Technology, Inc. (OTCBB: MMTC) (OTCQB: MMTC) announced that Gregg J. Newhuis has accepted his nomination to serve on its Board of Directors effective immediately.
"Gregg is an outstanding addition to MIT's Board," stated Jeffrey Nunez, Chairman and CEO. "His background in business and finance is a perfect fit as we expand our efforts to meet an aggressive revenue plan for the coming year. Further, Gregg's commitment to a significant investment in the Company speaks to his support for and confidence in the Company and its growth potential."


http://www.toshiba-machine.com/financing_services.aspx

http://www.toshiba-machine.com/calculatormainpage.aspx

Track record for Gregg Newhuis..

http://www.wintrust.com/ WTFC

Quote:
About Wintrust Financial Corporation
Wintrust Financial Corporation is a financial holding company with assets of approximately $16 billion whose common stock is traded on the NASDAQ global select market (NASDAQ: WTFC). Built on the “HAVE IT ALL” model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, now with 100 banking offices located in the greater Chicago and Milwaukee market areas. Wintrust also provides wealth management services, commercial insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, and billing and treasury management services to its customers.

[Militia Man]

lol.. Seriously, this took a couple seconds to find.. We (MMTC) are connected by Mr. Newhuis and that is the truth. :-)

http://www.toshibatec.co.jp/file/pre120417_1e.pdf