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Shorters and Naked Shorts have panicked throwing up false walls to keep the price down right after the news...
I bet lots iPhones are ringing in New York right now... any real volume and this will be back over .001 quickly.
GREAT NEWS!! $MMTE$
Ambitious targets... http://www.otcqx.com/qx/otcqx/requirements
yes!
YES!
T MINUS 5....4.....3.....
Not trying to be negative here but if MMTE were to negotiate with Posco, I do not think that Posco would give MMTE what the value of the concessions are but a lower figure do the Posco having the upper hand. Just my own thoughts. Either way MMTE is still worth more than the area where we have been seeing our stock bounce around in. Time will tell and that time keeps running by.
Correct and could be moved to a new shell. Trying to get cheapies? Don't understand ? Isn't it already cheap? I own 7 mil avg cost .0012. Will not purchase another share ever! Good luck with that hot dog stand. Trading is much more lucrative. Especially when waiting on the IF game with mmte. While the traders make their money others wait for the miracle that may or may not happen.
NEWS!!!!!
Mammoth Energy Group Engages Audit Firm for Uplisting
Date : 03/22/2012 @ 12:00PM
Source : MarketWire
Stock : Mammoth Energy Group, Inc. (MMTE)
Quote : 0.0007 0.0002 (40.00%) @ 12:03PM
Mammoth Energy Group Engages Audit Firm for Uplisting
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Mammoth Energy Group (PC) (USOTC:MMTE)
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Today : Thursday 22 March 2012
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Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that it has engaged audit firm RBSM LLP of New York City to commence an audit of Mammoth Energy Group, Inc.' s financial statements in connection with the planned preparation and filing of a registration statement with the Securities & Exchange Commission.
"This has always been the goal and now with two years of excellent financial record keeping this is the next step for an up listing of the company," said William Lieberman, President of Mammoth Energy Group. "The audits of the Company's financial statements and the filing of a registration statement is an important milestone for the Company in connection with its planned move to the OTCQX," he added.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, 2471 acres (1000 hectares) in the Salar del Laco for a total of over 24,000 combined acres throughout Chile. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
About Mammoth Energy Group Inc. (PINKSHEETS: MMTE) www.mammoth-energy.com
Mammoth Energy Group Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
Contact:
Mr. S. Ahshrup
Phone: (212) 613-5453
Email: info@mammoth-energy.com
Web: www.mammoth-energy.com
As has been stated before-over & OVER...MMTE owns 99.9% of CLIL. Seems someone wants to pick up cheap shares & words of doom & gloom start covering the board. As I said before0you boys go for your lunch money...I will own the hot dog franchise.
Yes, I WILL!
Go MMTE
well what bothers me is that CLIL has the land, technically, CLIL can be moved anywhere. thats what scares me. MMTE can be left with the shell it started with.
Gas prices have nothing to do with MMTE. we have a stinky pinky in MMTE. Fact , price tells the picture. If things were so rosy in MMTE land, price would certainly show that. someone is lining their pockets at share holders expense.IMO>
Although I am tired of waiting and don't understand our PPS, we do have the concessions and somebody, somehow, someday, some way are going to have to deal with MMTE, like it or not. Sorta reminds me of death and taxes, someday you are going to have to deal with both. Lets just hope WL is being honest with us and makes the best deal for all. IMO Junebug
I thought by summer because of gas prices also peeps keep bidding and not asking also some justvwant out for measly 20%40%100% I want more... A year ago it was all hype now we just have to wait for the market to react.. Also if you dont know look at the dow and the big chips peeps are making money there so mom and pops are looking for safe bets but it will change thats what I say.. We will find out its been a long wait but I wont sell not now bo way untol things get alittle mature in the market of lithium... Mmte
ok , however you want to justify the fact MMTE is a stinky pinky is fine with me. I look at the PPS and L2 that tells the story on MMTE. the accumulation line can tumble just as fast with no increase in price.
can you answer me the one question NO ONE seems to be able to? based on all the so called DD , why is MMTE still at .0005/6? you would think some real money would some in at these levels based on the "intell" thats out there? does not add up. the excuses are piling every week and every month. Q1 is almost over. didn't you expect a run by now? i know everyone else has. it was supposed to rock and roll once the calender year changed?
My mistake since november up it does not lie you cant paint it.. Mmte
not wrong , comes down to how buys and sells are reported. was it a sell on the ask that showed up as a buy? the PPS tells the story my friend. it ALWAYS does.
Wrong you can paint it up or down but it does not lie on accumalation look again two months straight up.. I guess we will see.. Mmte
Maestro - Love the map bro! I think this is the most logical.
1) Uplist in some fashion
2) JV's/Merger with some of those other companies and mine
3) JV with Posco to sell
Seems like a plan
MMTE
Yeah thats VERT's game ... I hate them...LOL
Heres the connection on the map.
Nemo makes a great point, if Posco builds the plant they will have as many in the region involved as possible.
http://maps.google.com/maps/ms?msid=216422150148116910310.0004b20ef9715a1cf0000&msa=0&ll=-26.880431,-69.065552&spn=0.231508,0.601501
Very Good points Nemo and i agree with you. I too think POSCO will be trying to concentrate on the other Maricunga Company - MMTE! They already have deals in place with LI3 and PAN AM - makes total sense from a business decision.
G
Very nice... Go MMTE!!!
Doing a little DD on Warren Buffett and I found he is interested in Lithium battery makers more so than mining companies. However he has a large holding in Posco. I'm still thinking that Posco will be a major player when Mammoth Energy looks for a Joint Vent or merger. I have a couple of ideas floating around that might come into play.
1, Chile concession holders might oppt for selling concessions to the highest bidder or JV.
2,Concession holders may JV and let a mining company mine for a percentage.
3, concession holders may mine them selfs and have another company refine it into lithium.
I'm thinking this is why Posoc is spending so much time and money profecting there process. Not only do they have Joint Ventures with two other concession holders but they get there raw material and refine it and sell it, just like how the small private oil wells sell to a oil company that takes care of the rest. I'm thinking this is a good business model.
The problem here is, concession holders have the gold, but to extract it costs are big. But there are local mining companies in the areas that could refine at way less than setting up them selfs and refining the lithium. Makes good business sense.
Just love Southern California. I visit San Diego quite often. So if one lives in Riverside and is a fill time trader on Wall street, that's one hell of a commute to work ! I thought mine was bad enough. This summer I'll be in the North Sea and commuting to south Florida.
Nemo sniffin for more DD ! Stay tuned
Chart don't mean a thing in pinks , none. Just like that bull flag that formed and collapsed. Means nothing. Stock Is manipulated and so is the chart. ! I think its time we all take the blinders off and see mmte for what it really is.
In your o what does accumalation mean on the charts of mmte????? Mmte
CEO does not care. He's lining his pockets! Same with izzy.
Never happen IMO. Reverse split will be first order of business. Lol mmte
IMO going to get much worse. Mmte is going nowhere. It's a slowly diluted pig. Mmte will not produce the results most claim. Mmte will go back to 3/4 and hope for a miracle. It's stuck in the tar pit , fluff pr and fluff pr. Always sell the news with mmte. It's a POS! Everyone is starting to figure it out.
Cool Joey I'm in Riverside county... MMTE is still huge IMO just going to take longer then I expected.
I'm in Cali too.. Yah hope things come together like I think it will.. Mmte has alot of potential just need alittle help and it is going up fast... Good luck
O no doubt. I just shaved a few million shares off to play in other plays... No worries here. Good luck
Yea, Joey California. I don't blame you. You are trading smart. This play should be over a penny now. The CEO needs to do something about the large share structure. Hopefully soon.
Mmte will run and run big I believe.. I understand it is kinda like playin with fire! If nothing else I double up.. I know mmte has alot going for it or I would not be here. Just tryin to grab some cheapies. You know what I mean!! BR you must be on west coast to like me..
Hang in there bro. Remember you and most here are holding out for the JV merger so the pps won't matter soon.
Yes, I did boy was I wrong.... Very scary being down here....
Yea, don't think it will go that low...
even if we do drop to 4's and 3's so be it we won't stay there for long...I'd love to grab some 2's of MMTE...
You said 7's would be hard to get also 2 weeks ago but 5's are dropping today! Come on man this is pinks, you know 4's are coming next week!! Mmte has declined on the last the pr's so Don't hope for news! Don't feel sorry for me I made profit on 10's and 7's and will buy more at 4 or maybe 3's then repeat it all over again. If not well then can you blame me for making money. If so why is everyone else here for to built another Microsoft? Lol be real!!
Great that means we won't drop below 0.0004 then... I doubt we drop below 0.0005 so you won't be getting any shares... Sorry dude
Yep a big IF. But may not happen first, JV then down the road they have to find someone to mine it refine it. Makes sense to use someone else. Just like the windfall time wine growers sell there grapes to a vineyard to produce there wine
There's a big IF in that post. I hope you're right! Go mmte
Maybe you will get 2's or 3's.
I will buy at 4's.. For those who said 7/8 is the bottom, what happen? Even with concession news the pps still dropped. Good luck to the longs but when it hits 4's I will buy double the shares as I had last time!!
Nice, looks like everything is pointing at a direct relationship for MMTE with others in the region. Posco's new technology will be a beacon for lithium concession holders and miners to be involved with this project. It will be a win win for all involved. The "Oracles" interest in lithium is indeed very compelling.
Thanks for the DD. Much appreciated.
mark this post, go MMTE
As slow as they move in Chile, I believe it can be hard...LOL
Nemo Where??? Email me
Medical product development and commercialization. The Company recently acquired five generic oncology drugs approved and manufactured in Germany and they plan to gain approval for these drugs in the US in 2023. The Company is preparing for a pivotal Phase 3 study of an anti-cancer antibody product that is highly similar to Genentech/Roche's brand name Avastin (bevacizumab), the Company has licensed a needle-free jet injector for drug delivery, and the Company is in the pre-clinical stages of development of a gene therapy product candidate based on the delivery of a human alpha-Klotho gene and protein to prevent and/or treat neurodegenerative diseases such as Alzheimer's and Lou Gehrig's disease (ALS). Other product candidates will stem from these platform technologies of pharmaceuticals, biologics, and gene therapy.
The Company's medical R&D facilities are in the U.S. (near the University of Nebraska Medical Center, Omaha, Nebraska) and in Barcelona, Spain (Autonomous Universitat de Barcelona). Each R&D facility is comprised of over 4,000 sq ft of R&D and office space, currently leased and equipped with research equipment, incubators, tissue culture facilities for production of plasmid DNA, HEPA-filtered hoods for aseptic handling, and testing equipment (PCR, spectrophotometers, microscopes, etc). The generic oncology drugs are manufactured in Germany. With future funding, the Company plans to acquire or build a GMP manufacturing facility to supply novel plasmid DNA ("transgenes") to be used in gene therapy programs, to provide contract manufacturing revenue, and for commercial product manufacturing.
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