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Microchannel Technologies Corp. (MCTC.OB)On Dec 23: 0.03  Down 0.01 (25.00%)  
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Microchannel Technologies Corp.
3905 National Drive
Suite 110
Burtonsville, MD 20866
United States - Map
Phone: 888-522-6422

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Biotechnology
Full Time Employees:N/A

BUSINESS SUMMARY 
MicroChannel Technologies Corporation, a development stage company, focuses on identifying, developing, and commercializing technologies and products for peripheral and optic nerve damage, and nerve regeneration. It holds an option to obtain a license to the ISURF nerve regeneration technology. The company intends to fund various in vitro and in vivo studies using commercially available neural stem cell lines, which can differentiate preferentially to neurons and astrocytes. It plans to market products developed from the ISURF nerve regeneration technology. The company was founded in February 2005 under the name MultiChannel Technologies Corporation and changed its name to MicroChannel Technologies Corporation in April 2005. MicroChannel Technologies Corporation is headquartered in Burtonsville, Maryland. Microchannel Technologies Corp. operates independently of Octillion Corp. as of December 21, 2007.
Key Statistics

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KEY EXECUTIVES 
 PayExercised
Mr. Meetesh Patel , 35
Chief Exec. Officer, Pres
$ 15.00KN/A
Mr. David Gamache , 59
Chief Financial Officer, Sec., Treasurer
$ 9.00KN/A
Mr. Herdev S. Rayat , 47
Chief Financial Officer, Principal Accounting Officer, Sec., Treasurer
N/A N/A
Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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