Replies to post #81005 on Micro Imaging Technology Inc (MMTC)

[trustyrusty4]

I wouldn't say that necessarily. Reverse splits are typically bad, BUT this company has a legit product that they are hoping to take to the market. They are trying to uplist to the Nasdaq which is why a R/S is necessary. I'm not saying we aren't screwed, but we aren't screwed yet.

We must wait to see what the company has. I just don't see the company loading up on shares and then screwing everyone over, including themselves. We will see

[janeyH]

reverse split = death knell; reverse split + massive increase in A/S ... this pods is already dead