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Mitec Technologies V.MTMH

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


TSXV:MTMH - Post by User

Bullboard Posts
Comment by Boatboyon Mar 13, 2007 10:07am
221 Views
Post# 12407581

RE: 50% decrease

RE: 50% decreasecash burn is a problem and we don't have cash to pay our current payables LOL. If any of the receivables are soft we could be in real trouble. One also has to question the value of the inventories... how much obsolete crap do we have. You used to be able to move that kind of stuff to Latin America but not anymore. I'll be watching for the quarterly run -up next time to get rid of the 50% I was stupid enough to buy @ 10 cents... throwing good money after bad
Bullboard Posts