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Sunday, 05/22/2011 4:38:14 PM

Sunday, May 22, 2011 4:38:14 PM

Post# of 221177
MMTE - cult following?

MMTE is now selling merchandise with its logo

http://www.cafepress.com/MammothEnergyGroup

The shell has a very dirty history going all the way back to the 80s

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61577490

The company has names like Joe Overcash and Daniel Starczewski connected to its recent history.

The company currently has an authorized share count of 15 billion

The company currently has over 5 billion outstanding shares

The company has no business operations, no revenues, and only $37,000 cash.

The company added over $200,000 in toxic debt Notes in the last quarter.

Five months after first announcing that the company was nearing a deal to obtain property rights, the company still hasn't gotten past the initial due diligence stages to obtain the rights to any mining properties.

The company currently trades at $.0023/share.

Lieberman had trouble getting Overcash's preferred shares canceled and I've heard rumors of lawsuits involving MMTE developing in New York.


But the company has its logo on merchandise:

http://www.cafepress.com/MammothEnergyGroup


What are some other penny stock companies that started putting their logos on T-Shirts? The ones I can think of are not good company for MMTE to be with.






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