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Micro Imaging Technology, Inc. Message Board

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  • franzjosefhidin franzjosefhidin Nov 1, 2012 2:53 PM Flag

    CEO Nunez is buying MMTC stock on the open market!

    Nunez now owns over 40M shares. He, Newhuis and Pett are clearly buying up the float, and now with open market buys. My guess is they want the SS tight and accounted for when an offer is made for this company. They may retire some of the shares to make the company more attractive to suitors, but the market for food safety technology is huge and the demand may support the current SS.

    Sentiment: Hold

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