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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

Comment by stockgainson Jun 18, 2015 8:35pm
193 Views
Post# 23846736

RE:Company going anywhere?

RE:Company going anywhere?
nowhere unless their investment in Covalon improves and they actually do something with the IP which is now being marketed by Datex Inc at "Datastealth".  

https://www.datexdatastealth.com/
https://www.datex.ca/DataStealth/index.html
https://twitter.com/datexinc

I think their issue is lack of money to move this along faster and as per latest quarterly report the NEX listing only allows them to issue $500K in shares per year which they already did...this is why they keep issuing notes to the Chairman.  He's funding the company for now it seems.

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