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MMTEC Inc V.MTC


Primary Symbol: MTC

Mmtec Inc is a China-based company primarily engaged in asset management services based on platforms. The Company is principally engaged in providing complete suite trading solutions, including fund creation, distribution, custody, trading and settlement services, to help these financial institutions accelerate their integration into overseas markets. The Company's systems include ETN counter business systems, PTN private equity investment management systems, personal mobile trading client systems, PC trading client systems, personal and institutional integrated account management systems, and quantitative investment trading platforms.


NDAQ:MTC - Post by User

Bullboard Posts
Comment by metals-loveron Oct 05, 2012 3:01pm
182 Views
Post# 20454117

RE: RE: RE: RE: RE: RE: wow...financials are not s

RE: RE: RE: RE: RE: RE: wow...financials are not s

Yes it is bad out there for JRs that drilled above-average results.  Even SBL.V had decent results and they are stuck doing nothing until they can raise the funds to proceed.  This might be a winner in the long-term but I doubt anything is going to happen in the short-term. Nothin has been done in the last 9-10 months since their Nov 2011 NR.  That is not good!  I tend to stay away from companies that don't keep shareholders updated on a regular basis.  Also ... A company can ALWAYS find BIG INVESTORS to raise money if the potential is great enough no matter what the market conditions are. I blame management for not preparing themselves properly. There are sooo many mining stocks out there with potential.  ROG.V is doing well and have adequate funds.  WOF.V shows great promise.  My fave is ROX.V!! They have spent the past 10 years in court fighting over a piece of land that had awesome initial drill results.  appeal after appeal ... they are finally on the verge of picking up where they left off a decade ago!  52 week high of 24.5 cents was broken recently and news of commencement of drilling still hasn't been announced yet.  Do yourself a solid and do some DD.  You will like what you see!  Buy on the way up rather than wait and see on bottom-priced shares.

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