MTC don't have to raise again for awhile: "Pursuant to the Prospectus, at the discretion of the Board of Directors, the Company will place the shortfall, totalling $794,591 representing 3,454,743 shares at $0.23 per share."
It's right there in the latest ann.
I think the Board are keen to close this out, and are not interested in their salaries, as they are majority shareholders and will make a huge profit.
But hey its probably nothing
MTC Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
