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Now thats thinking outside the box...LOL GO MMTE
He would not be liable at all. He can do what he wants. Especially when audit firm recommends it. Then he's technically off the hook
mayhem did you look at the Q that was just releast? Or IFs MMTE forum? Look around and I think you will change your tune...IMO
Key words as long as price does not come down, THEY ALL DO,
Where are you getting that number from, better read again, way lower bud. The price of the PPS at the time of the LS, Way lower.
You and your buddie have no clue, why were down, the longs do...LOL
MMTE is full of surprises...
maybe one day it will be a positive surprise - it should.
Manipulation, heres something else you dont know or want to hear about. HUMMMMM Dig man Dig.
you are implying that MMTE will be incorporated by one of these big guys operating in Chile.
could be. I hope you are right.
That calmed my nerves a little rocky thanks go mmte!!
So now MMTE will only get 50% of 75%....or 75% of 50% LOLOL MAYBE THAT IS WHY WE KEEP GETTING CLOSER AND CLOSER TO NO BID!!! LOL
Thanks Rocky. Hope you're correct.
To worry about a RS at this point makes as much sense as worrying about being hit by a falling meteor. WL has retired old stock structure before so it's not new to him. A merger with another corp (which is more likely ) will change the SS. There is also a RM model that simply abandons the old corporate SS. In short there are many ways to deal with SS.
Besides that, WL has publically stated both verbally and in text "no RS", and so would be lible in a situation in a RS wqhere we lost money.
This silly extrapolation has no foundation in business mechanics.
The actual consessions belong to a Chilean company, CLIL. The uplist of MMTE will 90% likely be through a merger with a corporation not subject to a CLOE. Additionally the 57% is targeted at non-chilean companies.
no longer possible June. because of the 50pct law we are now talking about 5,000 to 15,000/acre.
Hope for the best value but plan for the worst value. That way, if you're surprised, it'll be a good surprise.
You may as well hope for the the higher end. Hey, maybe MMTE's land has more concentrated lithium than anywhere else in Chile. Since no one is going to know until someone puts an offer in, why not shoot for > 30K.
Not quite.
Before an R/s:
- you have 1,000,000 shares @.0004 = $400
After a (1 for 1000) R/S:
- You now have 1000 shares @.40 = $400
If someone buys after the R/s @.40 they will have the same value as the shareholders before the R/S.
Now, much of the time after an R/S happens, if there is no real value in the company, the sp will quickly decrease in value from say .40.
So if there is an R/S as long as the price does not come down after the R/S, there is no difference.
Would be nice but I seriously doubt it will be the same. It has been stated many times the large AS was a condition of the acquiring the land concessions. Not sure how it will be managed as things move forward.
malamutus, I don't know the answer to your questions but it has always been an issue with me the spread in the value of our concessions. I mean $10,000-$30,000? Maybe if they said $20,000-$25,000 per acre that would sound logical. Why the big spread? I realize some areas may be more lithium-rich than others but wow, what a difference. Think I'll pull for the $30,000 per acre figure. IMO Junebug
It will be no different if you are holding now or after...They have to R/S it 15 Billion A/S Thats insane
So you believe there maybe an RS and there will be better stock value? The better value for be for the ones who buy after an RS and us long bag holders will be wiped out.
I will start with this and then we can go from here:
1 acre in Chile supposedly worth $10K - $30K per acre.
Question for anyone who wants to just use these values to try and figure what MMTE is worth:
If a company were to just purchase the land, would they not want to take into account the 50% taxes that the government is going to take?
Or how about the expenses in getting the lithium out of the ground?
I am just asking this, I have no idea how one would calculate the true value of MMTE as it relates to the SP.
Is there anyone on this board who truly understands how you would calculate what the sp could potentially be here? (ie - do you have to take 50% from the 10 - 30k value of the land right away due to taxes; and is there anything else you need to take into account here?) And of course I know that until something is done to show how much lithium is actually in MMTE's land, you will never be able to give what MMTE is worth, you will need to use this 10-30k as a baseline. What I am looking at is an objective look at what it might be worth if the land is actually worth 10 - 30 k an acre.
Is there anyone on this board even capable of doing an objective study that I am suggesting??
I agree with both you and Matt, how WL handled the loan and subsequent lawsuit situation was indicative of his past poor decision making skills. This has always been my problem, meaning having any confidence in WL as a leader, it just always seems to be some shady deal. I truly wish that WL would shape up and do the right thing for a change.
If there is one thing that stands out as to why the pps is so unrealistically low is that investors know about WL's past performance and are extremely hesitant to get involved.
From this last conversation I do not expect our next pr from the company for another four to five weeks, hopefully sooner if lucky. Until the audit company makes it.s findings, I would not rulle out their recommending possibly a RS as a result of the stock being beatin down so much. As I have said before, either way the company pursues, I believe in due time we will see a better stock value down the road. This was never meant to be a quick rich play. IMO
yes the " frivolious lawsuit "appears not to have been so unfrivalious....hense why william never released the settle ment details,,,,sure took alote the wind outa my sails for believing in him with good faith ....also we are going on 4 months sence the "up and comming " investors forum meeting " no word as of yet maybe september? how about it mmte managment
Well, MMTE needs to REPORT something to help its VALUE because RIGHT NOW its VALUE may drop to .0003 AND LOWER!!!! LOLOL
KEEP ON KEEPING ON MMTE AND YOU WILL BE AT NO BID SOOOOON ! ALL MY OWN OPINION OF COURSE
Yet you have no problem claiming there will be a reverse split or that the price determines value which of course is your speculation which you seem to believe is correct.
I am waiting for your speculation as to the value of the concessions. You say the share structure is terrible but apparently you don't understand the difference between Outstanding Shares and Authorized shares or why there was an increase in A/S or what affect dilution has on value.
I along with others here are waiting for something concrete from you other than speculation which you pass on as fact. Trying to understand why you are here with such negative speculations on your part?
So you want ppl to believe mmte is worth, let's just say .01 but yet it never gets out of triple zero's. How is that value to someone that invested in mmte. You can put est on concessions if you want but until actual samples are take from mmte titled lands it just your est. the fact is mmte share structure is horrible. Surely you are in this to turn a profit right so don't be burnt about other making a profit! I just take it in pieces unlike you that thinks this is the next apple! If I makes you feel better paint it at close. Good luck to you
This is redicilous I hope 0.0003 is the bottom!!! Come on Liebs update us!!!
The only reason i am upset is about the law suit 250,000 dollars of our own money to pay for something stupid like that. BS go mmte go
As has been pointed out and you ignore, price is not value, price is what people pay, value is what people get. You have yet to define the value of the concessions as you ignore that value isn't being addressed here, only sp. Because people pay a certain price doesn't mean that people have received true value but in this case they have received a sale price on potential great value.
The average sell off is about 120 mil/week so going by this fact .0002 will be up next week. IMO I feel we will see 2's by Friday. Ppl determine the pps and this it where we currently sit at triple zero 3.. Good luck longs
I'm glad I only invested 300 dollars in this stock for my 150,000 shares : / these low numbers are making me sick.
strong support for sure, just depressing to see these levels was hoping the run would have been better then it was. Hopefully things are in the works to make it a non issue soon. We will see not totally convinced.
144 million bid support with bid at .0003
3's on deck this is horrible to be back down here. So much for never seeing these levels again.
Obviously, the silence is deafening.
Yup still here fighting the mmte battle
Well well well 3's back up on deck. I wonder why everyone keeps selling. If good need was around the corner mmte shares would certainly be trending higher ! Not at a 52 week low. Mmte right up there with all the other sham pinks lol
I just want to get a good return on my republic credits. I lost alot of the Emperors money. I blame this on the Jedi
Without an n1, we don't know. WL pr'd that last June it would happen quickly
Do you have in writing from WL that there will be no RS? If not its not fact. Just wait its coming
in the last week you say most of the MMTE volume was @ bid, I say 50-50..which means half the peeps were buyers...so even if there was dilution, somone was buying half those shares...we will see soon...either buy more or liquidate and go away...we all know the risk and we are willing to accept it...
WL has already stated he don't care about the pps. So what makes you think it will move anywhere but south, when ppl are sell 100's of millilions per week and most on the bid?? At what point do you think the stock should have a reverse split or would you rather see it go to .0001 with not bid? Reverse split is imminent...
One form of it yes, we are all guilty of undeserved rewards playing and winning, but flippers are the bottom feeders.
You are certainly known for your negative opinions now explain how you came up with the .0002 and the claim of a reverse split? I don't see a lot of DD in your posts at all.
Mmte is probably worth .0002 per share maybe, auditors will suggest a reverse split for mmte in near future!
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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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