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Micromem Technologies Inc (QB)

Micromem Technologies Inc (QB) (MMTIF)

0.03
-0.0034
(-10.18%)
Closed April 28 4:00PM

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Key stats and details

Current Price
0.03
Bid
0.0252
Ask
0.0523
Volume
164,333
0.03 Day's Range 0.031881
0.026 52 Week Range 0.1275
Market Cap
Previous Close
0.0334
Open
0.031881
Last Trade
12333
@
0.03
Last Trade Time
Financial Volume
$ 4,969
VWAP
0.030236
Average Volume (3m)
269,206
Shares Outstanding
516,549,264
Dividend Yield
-
PE Ratio
-5.77
Earnings Per Share (EPS)
-0.01
Revenue
-
Net Profit
-2.69M

About Micromem Technologies Inc (QB)

Sector
Semiconductor,related Device
Industry
Semiconductor,related Device
Headquarters
Toronto, Ontario, Can
Founded
1970
Micromem Technologies Inc (QB) is listed in the Semiconductor,related Device sector of the OTCMarkets with ticker MMTIF. The last closing price for Micromem Technologies (QB) was $0.03. Over the last year, Micromem Technologies (QB) shares have traded in a share price range of $ 0.026 to $ 0.1275.

Micromem Technologies (QB) currently has 516,549,264 shares outstanding. The market capitalization of Micromem Technologies (QB) is $15.50 million. Micromem Technologies (QB) has a price to earnings ratio (PE ratio) of -5.77.

MMTIF Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0028-8.536585365850.03280.040.0266172090.03133727CS
4-0.0155-34.06593406590.04550.051570.0265182870.0371711CS
12-0.046-60.52631578950.0760.08250.0262692060.04772744CS
26-0.042-58.33333333330.0720.0850.0262832870.05517008CS
52-0.08978-74.95408248460.119780.12750.0262083340.06653607CS
156-0.1103-78.61724875270.14030.171450.0252714130.05869506CS
260-0.008-21.05263157890.0380.59690.01053679800.04561069CS

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MMTIF Discussion

View Posts
gasman48 gasman48 5 months ago
Nice release last night
CVX getting more on board 😄
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TommyBoyTrader9460 TommyBoyTrader9460 5 months ago
$MMTIF
https://x.com/hannahadad8890/status/1734521964713201892?s=61
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jamb2u jamb2u 7 months ago
Does anyone believe this dead horse is ever going to do anything? I invested in it back in 99 at $8.36 ps. I watched it spike and crumble thinking it would make a come back, but after nearly a quarter century I think they are dead.
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gasman48 gasman48 1 year ago
Ramberts what is your take?
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gasman48 gasman48 1 year ago
https://www.newsfilecorp.com/company/945/Micromem-Technologies-Inc.
Great news
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ramberts2 ramberts2 2 years ago
Wouldnt it be more important to hear what Romgaz statements are after decades of straight up lies by Frauda?
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EVE4 EVE4 2 years ago
So far - ROMGAZ will invest much more into gas by looking for adequate partners in the western world. Its stock-price went up significantly over the past three months. Where are statements by MMTIF concerning its partnership with Romgaz?
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JethroG JethroG 2 years ago
So - lets see - MRAM (sound familiar) has been in business about 20 years - share price at share price at just over 9 USD today.

Micromem (notice the similarity) - abandoned this approach sometime ago (I bought in for Magnetic RAM).

MMTIF is just under .06 cents a share today - after what - 25 years??. Still need convincing?
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zippy05 zippy05 2 years ago
I was to kind. This company is a flim-flam. Officers can not be trusted. Period. One caveat is in middle Nov. approx. 5mm share were bought and not much given back The OBV has held. With real companies vol precedes price before a stock moves. Having seen this many many times before I wouldn't hold many chances of a rally. Could be traders messing around. This stock is like doing penance.
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JethroG JethroG 2 years ago
I think dead man walking is too kind for this stock. For over 20 years (Thereabouts) there was promise after promise. Magnetic RAM, shared facilites, new labs, etc. The best they can do is "Private Placements" and issue stock to themselves. I own stock in this company - and soon it will go. They advertise products, no prices, and no sales figures. On their website they list Sandia National labs as a partner (https://www.sandia.gov/working-with-sandia/) - but it is not true the other way around. You can search their website for micromem - non existent. I did the same thing for the Los Alamos national lab - nothing - just like this company and their stock
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ramberts2 ramberts2 2 years ago
The math is a little weird, 1 month? The "Chevron deal" was announced in 2013. None of the supposed "funding" Micromem received from Chevron shows up in the financials either.
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zippy05 zippy05 2 years ago
Lets face it this stock is "dead man walking"
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ramberts2 ramberts2 3 years ago
If only I received a nickle everytime I read this type of post, I would be soo frickin rich it would be ridiculous.
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LongMMTI LongMMTI 3 years ago
Ha. Romgaz has nearly 1.5 billion annually in revenue. They are not a two bit co and certainly not thieves. Yes, Micromem is a long shot. That’s why the reward will be so great. Our tech is in use by Chevron. Delays are due to covid and more than likely logistics of all of the moving parts. I’m still hopeful.
Long
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Truthteller6 Truthteller6 3 years ago
Chevron was Fuda’s big lie he couldn’t recover from 2,000 orders all lies. Now he ups the lie with Romgaz. 3300 orders???? Show me one company that buys that volume without the vendor even displaying what the product is on their website??? University involvement.? Minimum of two more years delay. Why Romgaz? Simple no one in NA will deal with these thieves. Pump and dump Sad. Company had great tech just terrible CEO
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gasman48 gasman48 3 years ago
Well guess that was wrong
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gasman48 gasman48 3 years ago
Hopefully the lows for this correction are in place????
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gasman48 gasman48 3 years ago
Disappointing round trip!
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Truthteller6 Truthteller6 3 years ago
Confirmation bias. Ask Joe to provide specific Emerson division and name of contact that even knows mmtif. My sense is there is not one.
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LongMMTI LongMMTI 3 years ago
Interestingly Emerson has manufacturing capability in Romania. Also, I suspect the analytics solution is being worked on by the consortium that makes up the IoT and cloud solution. Any solution will need to be compatible with the overall project and will likely be used with other systems. It will be interesting to see whether we are close to true commercial quantities or just larger demonstration pilot projects.
Long
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gasman48 gasman48 3 years ago
Manufacturing will be done by Emerson
They have capacity
Cvx as stated they are on board with IOT
Tracer tech is just a piece in IOT
Even if CVX orders 2000 units a year it probably won’t be disclosed till contracts are signed
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Truthteller6 Truthteller6 3 years ago
Reviews of Chevron public documents on technology roadmap indicates no info on tracer technology the west coast company that built mmtif technology website indicates no mfg capability to build and cut sheet is years old Chevron is dead?
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gasman48 gasman48 3 years ago
I will give you a serious answer
They have a product which both Chevron and Romgaz have endorsed and appear
To be continuing development there has been no cancellation
I have learned that oil companies and big pharma/fda move at galacial speed
I believe Joe is an honorable man who may have been caught up in his own enthusiasm and lack of appreciation of the big oil bureaucratic stumbling blocks
Covid and the previous oil glut have not helped
While I am still on board the MMTIF train,
The next 3-4 months are critical to my remaining on board
I believe that my patience of the last 5 years will be rewarded and JF will be recognized as an incredible visionary with tenacious management
I hope I am not wrong but recognize that
This investment may be one incredible mistake On the other hand it maybe life changing for me
And my family as I am pretty it could be for the Fuda family

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ramberts2 ramberts2 3 years ago
This is a serious question for you, or anybody that is still believers in this company. Do you believe anything these guys say? They are batting 0/200 in terms of deadlines. I don't understand how anybody is on board in this ship longterm, unless they are short-term pump and dumpers looking to make quick bucks here and there.
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gasman48 gasman48 3 years ago
New press release the university is on board fir romgaz to proceed
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LongMMTI LongMMTI 3 years ago
Coastal. Me too. Been in this since the beginning it seems. Keep accumulating. Supposedly Romgaz has agreed to terms pending an analytics solution. Micromem does not have analytic development experience. So who’s developing it? Chevron in the shadows. Yet Micromem eliminated its debt. Why? A number of years ago Fuda said don’t be surprised to hear of a sale with two large cos looking at Micromem. Could we be close to a sale? Two large contracts could allow Micromem to be valued in a sale.
Long
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canadiansalmongal canadiansalmongal 3 years ago
I agree we have been there done this for quite sometime...I always hope that someday it might happen lol lol
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irule irule 3 years ago
Sure, ok. Whatever lies help you sleep...
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canadiansalmongal canadiansalmongal 3 years ago
Ha ha looks like you are triggered ...I run over little broke $$ boys like you keep flipping for your peanuts!
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irule irule 3 years ago
Triggered much? I bought 500k at $.02, just sold 100K to recoup ALL my investment and book almost ~2x profit, and am sitting on the remaining 400k up 10X and going higher.

You do nothing but b!tch and moan in every post, so why don't we let the readers decide who the moron is.

Now where's that "flipping the bird" emoji when you need it?
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canadiansalmongal canadiansalmongal 3 years ago
You should STFU MORON!
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irule irule 3 years ago
Lol, If you can't make money trading Micromem, you should get out of the stock market and buy yourself a nice mutual fund paying 2% annually.
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ramberts2 ramberts2 3 years ago
Sounds eerily similar to 1998, 2002 and 2015. Just saying.
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gasman48 gasman48 3 years ago
There was a press release in early February that stated 2 units were in testing and 3400 units pending sale
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ramberts2 ramberts2 3 years ago
Is this news, haven't they talked about the software analytics solution for over a year? Who on MMTIF team is a software developer?
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ramberts2 ramberts2 3 years ago
Is this news, haven't they talked about the software analytics solution for over a year? Who on MMTIF team is a software developer?
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gasman48 gasman48 3 years ago
Romgaz order 3400units
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gasman48 gasman48 3 years ago
See rom fax announcements
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ramberts2 ramberts2 3 years ago
Cool, we heard a lot and learned a lot since this anonymous "Chevron" person said something.
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ramberts2 ramberts2 3 years ago
Good call.
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ramberts2 ramberts2 3 years ago
Are you sure about that?
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LongMMTI LongMMTI 3 years ago
I hope it is soon. We have hoped this for years though.
Long
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canadiansalmongal canadiansalmongal 3 years ago
Wow 20 +yrs later and still a SHITTER!
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irule irule 3 years ago
This year's spike will make last year's spike look like an ant hill.
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irule irule 3 years ago
MM is up 4x since October 2020 and has picked up steam in the past week moving up 60% on no news. I bought a boatload at 2 cents and am enjoying the ride while whatever is going on behind closed doors plays out. Chevron finally moving? Romgaz deal finalized? Repsol? A new O&G client we haven't heard of yet? Exciting times.
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Vela700 Vela700 3 years ago

More lies ... another date not respected ..... but there is no justice in the united states for these cheaters ??

https://webfiles.thecse.com/2020_11_CSE_MPR.pdf?2j4gbJ4oieiDYkd.fWpNxbCQrsVtHEV2
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whytestocks whytestocks 3 years ago
BREAKING NEWS: $MMTIF Micromem - Current Update

Toronto, Ontario and New York, New York--(Newsfile Corp. - November 5, 2020) - Micromem Technologies, Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") confirms that the Company's management is unaware of any material change in the Company's operations that would account for the rece...

Read the whole news MMTIF - Micromem - Current Update
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irule irule 3 years ago
That must have been a costly typo!

Someone meant to enter a Buy at 6 cents on 200k shares but entered 60 cents instead maybe? Ouch!

Just speculation, but wow, what a mistake to make if true.

Need to set my sell price higher!
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vV NoXious Vv vV NoXious Vv 3 years ago
Most Savage Candle I've ever seen
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just4profit just4profit 3 years ago
Something is up. I hope No Frack Joe does not screw this up
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