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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.895-9.2%Nov 3 3:57 PM EST

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To: Elio Madama who wrote (272)1/9/2000 11:41:00 AM
From: Elio Madama  Read Replies (1) of 279
 



MTEN...ready for the year 2000...UPDATE.

For new Investors.

Medical Technology & Innovations, Inc. is the parent company of Medical
Technology, Inc., which manufactures and distributes the MTI
PhotoScreener(tm), an FDA cleared vision-screening camera designed to
detect conditions that can lead to amblyopia ("lazy eye") and other eye
disorders in infants and young children.

Its other subsidiary, Steridyne Corporation acquired in August 1996,
distributes digital and glass thermometers, and manufactures and
distributes probe covers, sheaths, and anti-decubitus devices for
hospitals, medical offices, nursing homes and retail outlets.

Shares outstanding.......27.936.334

edgar-online.com

Float....................20.000.000

yahoo.marketguide.com

Insiders did not sell any shares in 1999.

yahoo.marketguide.com

Management is in the process of consolidating all of its operations into a
single location and cutting back on administrative staff in line with present
sales levels. The reorganization should be substantially completed by the end of
the second quarter of fiscal 2000. Management believes that actions presently
being taken to revise the Company's operating and financial requirements will
provide the opportunity for the Company to realize a cash profit.

NOTE; Second quarter of fiscal 2000 ended Dec. 1999.

This Company just come out from his 52 week low.
A slowly accumulation is happening right now.
In my opinion, we going to see 0.20's very, very soon.

pennypi.com

Elio

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