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Bullboard - Stock Discussion Forum Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."

Bullboard (TSXV:MTMH)

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Comment by BoursesInvestiron Mar 15, 2013 11:58am

RE: RE: below half a cent...

The question is who sold it. I think when they did a reverse split the guy thought it was making money. There is no reason to any one who invest in this one to sell at all. The money is lost since the ...more  
Comment by stockgainson Mar 15, 2013 9:32am

RE: below half a cent...

great move....down 50% in 2 weeks....and now sitting at NEX min. financing level......anyone in for another share consolidation.  One mis-step after another for this company.
Post by Traderdan$$$on Mar 12, 2013 3:40pm

below half a cent...

pre-split price.......ha ha ha...good move mitec....what a joke.
Comment by birdie22on Feb 27, 2013 2:32pm

RE: RE: RE: RE: RE: RE: RE: RE: RE: consolidation!

Yes that was the same time frame that COV was at $3.00 ( also I believe they where not insiders.) But my point is that insiders that held 15% of cov stock and still hold today did not sell, and may be ...more  
Comment by stockgainson Feb 27, 2013 1:31pm

RE: RE: RE: RE: RE: RE: RE: RE: consolidation! We

The same thought occurred to me, that they did the condolidation to make it easier to sell off holdings but Mandel hasn't sold any and yesterday was only 7.5K shares...agree that it's a little ...more  
Comment by birdie22on Feb 27, 2013 12:39pm

RE: RE: RE: RE: RE: RE: RE: consolidation! We are

Mandel owns about 2,100,000 shares / 40 = 52,500 x .15 shares=$ 7,875.00 and that is it. The only real value is the $140 mill. +/- tax write off which might be worth around $ 37 mill to someone so ...more  
Comment by O.V.on Feb 27, 2013 10:50am

RE: RE: RE: RE: RE: RE: consolidation! We are now

I am not sure we have enough trading to answer all my question, but your point is still valid. You are right this is joke.  I was especting an annoncement to maintain the share price. However, I ...more  
Comment by stockgainson Feb 26, 2013 3:31pm

RE: RE: RE: RE: RE: consolidation! We are now wort

looks like you got your answer, down 40%, no major announcement so far what a joke...
Post by stockgainson Feb 25, 2013 6:26pm

Update on consolidation

  Mitec Technologies name change, 1:40 rollback 2013-02-25 16:44 ET - Change Name, Roll Back Shares   Pursuant to a resolution passed by shareholders on Oct. 30, 2012, the company has ...more  
Comment by BoursesInvestiron Feb 21, 2013 10:49pm

RE: RE: RE: RE: RE: consolidation! We are now wort

I would like to see your answer to.
Comment by O.V.on Feb 19, 2013 1:20pm

RE: RE: RE: RE: consolidation! We are now worth...

  Hi Birdie22, I have been following your post, since I first bought MTM at 70 cents. I read your comments regularly, because they are very insightful and you provide knowledge and insight that ...more  
Post by patientmanon Feb 13, 2013 8:19am

News: Share consolidation

There is going to be a share consolidation 1 to 40.And of course they did not say for what purpose, what's the plan....Theymoved form Montreal to Toronto, they change director every now and then ...more  
Comment by birdie22on Feb 11, 2013 8:05pm

RE: RE: RE: consolidation! We are now worth......

Now now don`t be such a negative nellie, maybe Jeffrey has something up his sleeve besides his elbow. After all he has steered the ship all the way from $0.30 a share to where we are now with no ...more  
Comment by stockgainson Feb 11, 2013 6:54pm

RE: RE: consolidation! We are now worth......

plus,,,just wait to be more diluted after the consolidation when they announce a financing at the new share price....the only reason to prop the share price is to get above the NEX min. threshold ...more  
Comment by stockgainson Feb 11, 2013 6:50pm

RE: consolidation! We are now worth......

last nail in the coffin for shareholders......we'll be back to 1/2 cent in no time.  No fundamental change in the company so nothing to support 20 cents...
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