Who we are:

Modern Technology Corp is a specialized acquisition company obtaining majority control of promising private or public companies for execution of a 'turn-around' strategy and subsequent spin-off.  The company targets opportunities with assets or purchasable convertible debt. The company builds revenues and asset value through a model continuous growth-by-acquisition. Our income is derived from the sales of securities obtained from its portfolio holdings.  The company is public and trades under the symbol “MODC”.

Our goal:

 

The company's goal is to provide cash and stock dividends derived from its sale of securities and spin-off transactions to its stockholders as frequently as practicable.

The purpose of any business is to generate a surplus of cash or increase the value of its assets.

We believe we can accomplish both. If a business can do neither, the business is a failure.

Our Plan:

Phase 1 of our portfolio building process intends to create $20,000,000 in assets under management combined with orderly liquidation of these assets in order to create cash dividends to the company’s stockholders. You may review our progress on our portfolio on this web site under "Holdings"

Phase 2 of our portfolio growth plans anticipates securing assets ‘bundled’ together creating a far larger asset base using the same number of average transactions. 

Phase 3 of our portfolio strategy is to package the assets and cash-flows for sale to a large institutional fund at an attractive multiplier.  This final phase is intended to provide stockholders with an attractive tender offer for cash or shares in the acquiring institutional fund.

What we do:

We build revenues and assets through a model continuous growth-by-acquisition and income derived from the sales of stock obtained from our portfolio of securities.   

We purchase 'bad debt'  in the form of convertible debentures from various institutional investors specializing in public company investments.  These debt instruments represent assets to the company and future cash-flows from the sales of securities acquired from these convertible debt instruments.  As part of the debt-purchase transaction, we obtain a majority ownership position in the debtor public company in order to execute a 'turn around' strategy and subsequently execute a 'spin off' transaction and retain a minority equity position. 

This strategy is intended to create a continuously growing asset base for the company as well as cash-flows derived from both the sale of stock obtained from the convertible debentures and the sale of stock retained by the company as part of the spin-off transaction.  We estimate executing two or more such transactions per year.  Each transaction may add 1 to 5 million in asset value to the company's balance sheet.  As these convertible debenture assets are liquidated, the cash yield is typically far greater than the value of the convertible debenture itself at ‘face value’.