Victor Hollander - Micro Imaging Director

MMTC Stock  USD 0.0001  0.00  0.00%   

Director

Mr. Victor A. Hollander is Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer, Director of Micro Imaging Technology Inc. He was named to the Board of Directors on August 2, 2006 and as Chief Financial Officer on November 1, 2008. Mr. Hollander was licensed to practice public accounting in California in 1958. In 1965, he established and was the partner in charge of the Los Angeles office of a New York certified public accounting firm in audit and securities matters. In 1978, he left the firm and ultimately formed the accounting firm of Hollander, Gilbert Co., and in February 2001, this firm was merged with the Los Angeles accounting firm Swartz Brown Berns, LLP. Mr. Hollander was with an East Coast accounting firm since 2002, as Managing Director of the West Coast Group. Mr. Hollander retired from the firm in January 2007 and currently performs SEC consulting services. Mr. Hollander, during his professional career, was active in local, state and national professional activities. He has served on various Los Angeles Chapter, California Society of Certified Public Accountants and American Institute of Certified Public Accountants securities, ethics, accounting and auditing committees. Mr. Hollander specializes in securities, mergers and acquisitions. since 2012.
Age 90
Tenure 12 years
Phone949 388 4546
Webhttps://www.micro-identification.com

Micro Imaging Management Efficiency

The company has return on total asset (ROA) of (3.8105) % which means that it has lost $3.8105 on every $100 spent on assets. This is way below average. Micro Imaging's management efficiency ratios could be used to measure how well Micro Imaging manages its routine affairs as well as how well it operates its assets and liabilities.
Micro Imaging Technology currently holds 26 K in liabilities. Micro Imaging Technology has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Micro Imaging until it has trouble settling it off, either with new capital or with free cash flow. So, Micro Imaging's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Micro Imaging Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Micro to invest in growth at high rates of return. When we think about Micro Imaging's use of debt, we should always consider it together with cash and equity.

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Micro Imaging Technology, Inc. engages in the development of fluid monitoring systems for food safety and clinical industries in the United States. Micro Imaging Technology, Inc. was incorporated in 1979 and is headquartered in San Clemente, California. Micro Imaging operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 5 people. Micro Imaging Technology [MMTC] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Micro Imaging Technology Leadership Team

Elected by the shareholders, the Micro Imaging's board of directors comprises two types of representatives: Micro Imaging inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Micro. The board's role is to monitor Micro Imaging's management team and ensure that shareholders' interests are well served. Micro Imaging's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Micro Imaging's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Nunez, Chairman of The Board, CEO and Pres
Catherine Patterson, Corporate Secretary
Victor Hollander, CFO, Principal Financial Officer, Principal Accounting Officer, Director
David Haavig, Chief VP

Micro Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Micro Imaging a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Micro Pink Sheet

Micro Imaging financial ratios help investors to determine whether Micro Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Micro with respect to the benefits of owning Micro Imaging security.