Replies to post #61083 on Micro Imaging Technology Inc (MMTC)

[SevenTenEleven]

MMTC - Once the IRS realizes how many billions of dollars of tax revenue they are being cheated out of, they will go after the naked short sellers. They may not be able to touch those off-shore, but they could go after the clearing houses and the market makers and the brokers who have all aided and abetted them.

Just coming up to speed on this MMTC. Is it possible that the company is being targeted by naked off-shore short sellers?

[cottonmather]

I have a friend from Norway who lives in Brazil and does financing like Dutchess with small crap companies like MMTC three or four times a year. His business is a Cayman Islands corporation. He laughs about these arrangements...... how destructive they are and everyone knowing it but do it anyway...... Sound familiar??????? MMTC is doing the same.... with Dutchess, Nunez, Haavig, Newhuis, etc. And guess where the share price has headed since doing them?????? DOWN.

My friends name is Geir. Geir says every one of these deals are with companies who have little of nothing and no hope of pulling it off....... Just like MMTC. He says companies who have something have little trouble getting real financial help.