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Bullboard - Stock Discussion Forum
Mitec Technologies
V.MTMH
Technology
Communication Equipment
"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."
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Bullboard (TSXV:MTMH)
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•••
BoursesInvestir
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Comment by
BoursesInvestir
on 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
(20)
•••
stockgains
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Comment by
stockgains
on 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.
(0)
•••
Traderdan$$$
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Post by
Traderdan$$$
on Mar 12, 2013 3:40pm
below half a cent...
pre-split price.......ha ha ha...good move mitec....what a joke.
(3)
•••
birdie22
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Comment by
birdie22
on 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 $3.00 ( also I believe they where not insiders.) But my point is that insiders that held 15% of cov stock and still hold today did not sell, and may be
...more
(20)
•••
stockgains
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Comment by
stockgains
on Feb 27, 2013 1:31pm
RE: RE: RE: RE: RE: RE: RE: RE: consolidation! We
The same thought occurred to me, that they did the condolidation to make it easier to sell off holdings but Mandel hasn't sold any and yesterday was only 7.5K shares...agree that it's a little
...more
(3)
•••
birdie22
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Comment by
birdie22
on Feb 27, 2013 12:39pm
RE: RE: RE: RE: RE: RE: RE: consolidation! We are
Mandel owns about 2,100,000 shares / 40 = 52,500 x .15 shares=$ 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
(0)
•••
O.V.
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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
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(20)
•••
stockgains
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Comment by
stockgains
on 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...
(20)
•••
stockgains
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Post by
stockgains
on 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
(0)
•••
BoursesInvestir
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Comment by
BoursesInvestir
on Feb 21, 2013 10:49pm
RE: RE: RE: RE: RE: consolidation! We are now wort
I would like to see your answer to.
(0)
•••
O.V.
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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
(0)
•••
patientman
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Post by
patientman
on 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
(3)
•••
birdie22
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Comment by
birdie22
on 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
(20)
•••
stockgains
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Comment by
stockgains
on 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
(20)
•••
stockgains
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Comment by
stockgains
on 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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