The chart looks good, RSI is just below 30 and rising,and the MACD is just about to break out. This looks like a money-maker to me. What is everyone else's thoughts?
Posted by littlefieryone on :
THis looks like a good pick to me
Posted by Silicon Valley on :
Hey nice pick, i forcecast potential within this company. I'm jumping in once the MACD surpasses the EMA, or when the RSI reaches 30!! Thanks for the pick IowaBoy, keep me posted
Posted by BottomFinder on :
I really like MTNA anywhere near this price. I am loaded, patience is the key. gl all
Posted by Purl Gurl on :
As of May 1, 2006, there were 246,402,877 shares issued
Cash and cash equivalents 22,695 Total current assets 329,728 Total liabilities (10,919,135) Deficit accumulated (64,618,021)
First Quarter 2006: Total revenues 28,846 Loss from operations (2,680,125) Net loss (3,834,275)
Accumulated Loss Since 1983 (36,081,477)
"In light of these circumstances, substantial doubt exists about the Company’s ability to continue as a going concern."
Purl Gurl
Posted by BottomFinder on :
Nice PR After the Bell:
Material Technologies Presents Its Innovative Metal Fatigue Detection Solutions at the 23rd Annual International Bridge Conference Tuesday June 13, 4:05 pm ET
LOS ANGELES, CA--(MARKET WIRE)--Jun 13, 2006 -- Material Technologies, Inc. (OTC BB:MTNA.OB - News) ("MATECH") is presenting its patented metal fatigue detection solutions at the 23rd Annual International Bridge Conference in Pennsylvania this week. MATECH has been invited to lead a technical presentation on the advantages of using its breakthrough Electrochemical Fatigue Sensor(TM) (EFS) to locate and measure growing metal cracks for the bridge owners and engineers, government officials and other key decision makers in attendance.
Sponsored by the Engineers' Society of Western Pennsylvania and co-sponsored by the American Association of State Highway and Transportation Officials, the International Bridge Conference annually attracts over 1,200 bridge owners and engineers, senior policy makers, government officials, bridge designers, construction executives and suppliers throughout the U.S. and abroad. Last year participants came from 47 states and 15 countries. The conference is in its 23rd year and is a premier event for the bridge industry.
Dr. Brent M. Phares, PE, MATECH's renowned bridge engineering authority, is leading a technical discussion on the implementation of the Electrochemical Fatigue Sensor.
MATECH CEO Robert M. Bernstein commented: "The International Bridge Conference provides the perfect venue to demonstrate our innovative metal fatigue detection and monitoring technology for bridge engineers and officials who we believe need it most. This year's theme is 'Advancing Bridge Technology Globally' and many of the papers and presentations address the bridge industry's need to maximize the effectiveness of limited transportation funding to invest in and maintain existing bridge infrastructure."
Mr. Bernstein continued: "The Transportation Equity Act set aside funds for the Federal Highway Administration (FHWA) to test devices capable of finding growing cracks in bridges as small as 0.01 inches in length and also under the surface. Our EFS solution is the only non-destructive testing device able to find growing cracks that small."
Interest in MATECH's EFS system has been increased by the recent $286 billion Federal Transportation Bill which allocated $5 million to help states evaluate nondestructive methods such as EFS to test growing fatigue cracks in steel bridges. The nation's aging bridge infrastructure system is a major cause for concern, with more than 100,000 of the 200,000 steel bridges in the U.S. classified as structurally deficient or functionally obsolete, according to the FHWA.
MATECH is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The company's leading edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron.
MATECH owns the only non-destructive testing technology able to find growing cracks as minute as 0.01 inches -- critical information that allows structural engineers to isolate and repair the more than 100,000 steel bridges in the U.S. which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions.