Tuesday, August 12, 2014 2:19:25 PM
Compania Lithium Investments in exchange for one hundred twenty five million
(125,000,000) shares of the Company’s common stock, approximately $225,000 USD a
If we were going to lose any value it would have been CLIL cause the equipment which no one thought we had.. depreciation is not from land what i know its physical stuff..
Depreciation expense 56,654 106,653
and look at the total ASSETS ASSETS do not go up in value after a RS FACT...
Total current assets in oct 2013 was $222,273
Total current assets in april 2014 was $4,532,706
Total fixed assets in july 2014 was $4,369,035
Now fixed assets means Fixed assets, also known as "tangible assets" [1] or property, plant, and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, which are described as liquid assets. In most cases, only tangible assets are referred to as fixed.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104968615
http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=123461
Whether you got lied or not doesnt matter he could do anything he wants it was not in writing and I would have to go on your word as document of the truth as I did talk to him several times rs never came up so I was going on yours and other posters word that there wasnt going to be a rs.. If it was brought up under your meetings with others I find that to be inside information or he would too.. That would just get denied under court and you and others would get in trouble as well imo.. So it is what it is and we got hosed but there are still questions of the value of the assets..
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