Micro Imaging Technology, Inc. (Pink Sheets: MMTC) - Open
| Symbol |
Position |
Allocation |
Picked |
Current Price |
| MMTC |
Long |
10% |
$0.0077 |
$0.0025 |
-67.53% |
| Opened |
August 23, 2011 9:06:27 AM PDT |
| Closed |
- |
| Risk |
Low |
| Target Date |
- |
| Target Price |
- |
| Timeframe |
Short-Term |
| Suggested Stop Loss |
- |
| Holding |
Short Position |
| Disclosure |
- |
Micro Imaging Technology, Inc. (OTCBB: MMTC) (OTCQB: MMTC) announced on July 26, 2011 that it has entered into a significant long-term equity alliance with EPIC Corporation (OTC: EPOR). Further details are now available: Principals of EPIC have made personal investments in an MMTC Convertible Debenture and EPIC has entered into an MIT Stock Purchase Agreement. Additionally, EPIC has formed a wholly-owned subsidiary, EPIC Healthcare Systems, Ltd., for the explicit purpose of providing a sales channel for all MIT products -- which are currently only focused at food safety applications. EPIC is committed to expand MIT's capabilities into additional markets, including diagnostic and clinical processes, water and beverage quality control and environmental and clean room monitoring.
