RE: reverse split ???? I agree, shareholders get burned once again. No additional funds raised, no news of any kind, what a complete waste. I can't understand why they executed this when for 3 years in row they requested shareholder approval and yet did not feel it was a good idea to execute the reverse and then this time they did it with no change coming for the company........absolutely ridiculous...
On top of this, Covalon is nowing doing a 10:1 so our $2.5M investment in that company, which is now worth only about $265K will dwindle even more than it has. Bought at 30 cents, now at 3 cents with a 10:1 on the way. Another brilliant move
Mitec has not made a postiive announcement in 10 years....it's a dog through and through and I don't see anything changing that.