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Gold/Mining/Energy : MYT - Mytec Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Investor 007 who wrote (1107)9/22/1998 6:50:00 PM
From: antonio doria  Read Replies (1) | Respond to of 1535
 
I am glad you see it as a positive move. I have not met Grecco personally and am not definite with my judgement about him. Is it pure coincidence that the two software guys left almost at the same time? Anybody else leaving? It would appear that the Atlanta Sales Office is no longer there, only an address and the Toronto phone number.

I do not understand several things about Mytec. They seem to have a (good?) product, ICSA certified: this should be a positive. Why nobody buys it in quantities? Does it not work properly? Is it a matter of price, or what? The biometric market is opening up and other companies do sell for several million $ a year. Why not Mytec? Here it is not a matter of profitability, it is matter of "selling". Tom was claiming contacts here and there, employed a new director of sales, plus other
people, but nothing happened. European distributors, etc !!! A lot of projects, tests, good (?) results, and no sales!!! Probably Tom used Mytec as a parking lot while waiting for a better paid job!!! Did he fool us all???

How could the bank open a credit line of 15 millions C$? Probably they had a positive reading on Mytec. Based on what, if sales are not there?

Will Mytec, in your opinion, be able to finally find a reliable
professional for that position?

Are you serious when you see the situation as a buying opportunity?
We need no hype. No offense, please.

It would be interesting to read comments from other participants on the present situation.

Do I remember correct you live on the West coast of Florida? I live on the East coast (Treasure Coast) and probably we should speak over the phone and meet.

Thanks.