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well many said NO dilution, report clearly shows. in addition, the report does not include Q1, which we know whats been going on. when the quarterly comes out and shows the next wave of dilution, what will you all be saying them?
Agree 100% Maestro. MMTE.
Well said searay. MMTE.
OS Update,
As of September 30, 2011
6,559,333,224 issued and outstanding common “CA” shares
As of 12/31/2011
6,869,554,120 Common shares outstanding
Only an increase of 310,220,896 from the company. 150 million settled the lawsuit.
In the fourth quarter of the Company issued 150,000,000 shares of common stock as
part of the adjusted settlement of litigation.
As usual everyone wants to make us think massive dilution, but it is just not the case.
Great point Nemo.
Who said I was looking?
I for one am not worried here, it is still going to take time to get it all together and in the meantime, if some want to drive the stock price down so be it, I will just keep loading up fo that day to come where the wait will have been worth it for me. IMO
then why is share price at .0004?
What we are seeing now in Chile is more positioning before the real game begins. :)
found anything yet?????
gltaimo
Swartz is sooo much better, especially when combing the desert!
agreements?
Connecting dots
The Company is optimistic that once the agreements are final they will be well situated to exploit this increasing valuable mineral, creating excellent shareholder value for its investors.
There are ongoing negotiations currently underway for the purchase of additional assets
located both in Chile, and Argentina.
Galaxy to Merge with Canada's Lithium One
-- Galaxy's resource base will grow significantly through Lithium One's world class Sal de Vida lithium-potash project in Argentina
http://www.marketwatch.com/story/galaxy-to-merge-with-canadas-lithium-one-2012-04-02
Starting to look very promising that we have some deals coming quickly.
Hey nemo I saw that too did the percent go up or down from the last filing at work havent had a good read yet on the filing... Mmte
It shows we own the land and there is proof of it for you non believes!!!! GO MMTE GO
Just reading over the 10k here and some interesting things!
Page 24, 10k.http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=76898
Seems all the selling buying on large volume days maybe from (Cede & Company) since they hold a 49% of the shares and not from the company CEO etc.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22429124
Company Overview
Cede & Company operates as a clearing house for stock transactions. The company was founded in 1996 and is based in New York, New York. Cede & Company operates as a subsidiary of NYSE Euronext, Inc.
55 Water Street
New York, NY 10041
United States
Founded in 1996
IMO
MMTE is seeing 0001 in the horizon, unless it does R/S, IMHO
Ok sounds good but I use the Swartz not the Force :)
Sorry, but MMTE IS a penny play AND IT IS LONG TERM, been sitting here holding this crap for over 2 years!!! LOLOL !
Its interesting that there is compitition why would he put that in I think it said three or four names those names cant be our merges for sure.. Imo mmte
I have asked and never got an answer. Been gone since thursday so have lots of postts to catch up on, reading the report we are down to 1200+ shareholders from 5000
No R\S coming anywhere you can find a link to, but maybe the force tells some..http://www.otcmarkets.com/stock/MMTE/company-info
Anyone know what happened to
Colson? Do not see his name
on filing anywhere? What about
other members of committee they
were forming last year? Anyone
have any info?
Reverse split will vault them to pennyland. One of many mistakes in mmte pr's
Great DD there! This is a good bit here;
And finally this,
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.
http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=76898
Of course not, good solid investments like MMTE don't come around all the time, and they don't stay pennys!
Update to last weeks pr.
There is no such thing as longterm penny stocks, mmte is no different.
Hi Matt , what do you think was so good? Care to explain what you saw?mmte
I come up with .0004/.0005. If there was all this value we would be at .04/.05. That's not speculation. RR is right companies DO NOT uplist with bloated SS. Just look at the history of pinks. Just because WL said no last year means nothing. All pinks have the same trend. That's a fact! The auditing company most certainly will recommend a RS, probably 100:1 or 200:1. It's coming unfortunately. That's just what they do.
Also Item nine, section C: MMTE has yet to begin mining, but is organizing to provide engineering and equipment for it's mining partners (Paraphrased)
Struck me as an interesting phrase.
Nicely said. Been surfing and kiteboarding instead of sitting here getting down with some of these posts. Continue to believe in this company and trust in time, it will flourish. Keeping the faith regardless of the nay sayers.
Very good Maestro. Thx MMTE.
All I know is the CEO of MMTE had better shake a leg and get this company moving NORTH / NORTE ASAP or it will be sitting at NO BID and a RS WILL BE ITS DEATH NAIL !
MARK MY WORDS , MANY ARE LOSING THEIR PATIENCE WITH MMTE AND ITS VAUNTED CEO !
PRETTY SOON THE ONLY ONES STICKING WITH MMTE WILL BE THOSE WHO HOLD SPECIAL SHARES ! EVERYTHING I POST IS MY OPINION !
Whats this?
The Company is optimistic that once the agreements are final they will be well situated to exploit this increasing valuable mineral, creating excellent shareholder value for its investors.
And then this,
There are ongoing negotiations currently underway for the purchase of additional assets
located both in Chile, and Argentina.
And finally this,
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.
http://www.otcmarkets.com/financialReportViewer?symbol=MMTE&id=76898
A lot of emphasis on mining and seems very positive in these statements. Have not seen this much in other filings.
Somethings is transpiring folks. You got to look at this report and read between the lines. William can't say just yet, but a deal is in the works if not already agreed upon in terms.
OS update
Sept 30th 2011
6,559,333,224 issued and outstanding common “CA” shares
Dec 31st
6,869,554,120 Common shares outstanding
310,220,896 increase in the OS.
Float increased due to shareholders selling their newly released restricted shares. Not company dilution as some people would have you believe.
this companies a start up, but has a lot of potential. Since they're just finishing up with registering concessions, and still have to explore samples, draw up extraction plans, possibly join/merge with surrounding companies that have concession it puts them a few years out still.
With energy demands only naturally going to increase and oil a finite resource it's a no brainer to invest in lithium. MMTE, if it's even got the same name two or three years from now will give all of us some decent profit down the road. The smart thing to do would pick up a lot of these little companies that are new to the lithium game in Chile/Argentina, unfortunately not Bolivia :( before they jump too high. Why not be greedy when everyone else is scared? Buffet would, in fact he's already invested in the big names for Lithium extraction/production that are around today because he's got the capital to do it. But for us poor folks, well we gotta start somewhere.
Just do it like any other long term penny stock. Buy a ton, and don't look at it for a month or two. It's spring time anyways, if you spend all your time flipping penny stocks day in and day out chances are you're pretty boring. And if you were a stock I would not invest in you. So if you're new to this company, realize you'll be seeing a bunch of the same posts everyday for months, so do yourself a favor and invest, and don't come back for a while. Go to a baseball game to, seasons about to start up!
Who is "Hugh"? A friend of yours? Lol. Hey Hugh, stop selling!
MMTE is worth 3.3 million dollars right now. That is the true
Great report i have to say!!! go mmte go
Again, pure speculation and fear mongering for what purpose? Anytime a company gets close to reporting good results on the pinksheets someone shows up claiming dilution or reverse split as if either are four letter words.
What are the concessions worth and take that value divided by whatever you believe the O/S is and let me know what you come up with?
"Many"? It is a pink sheet company where most of the promises are not kept. And this is what realistically can happen. Not talking specifically about MMTE, but just talking the pink sheet reality. This is why people invest in these companies for a possibility of the promises kept and higher returns. GLTA :)
Ok then fair enough but how's the words " Big Fat Reverse Split " sound to you?
Wait for the FINS all you want.....
I'm saying 8 B or 10 B either way,
MMTE is not going to uplist with that pig of a share structure! It just won't happen ever,ever,ever!
So in other words pure speculation and personal opinions. Would rather wait and see what the financials show and then get the true number for the actual concessions under MMTE control. Dilution isn't a four letter word to me like it is for others here.
Ungag the TA and you'll get the true numbers but for now it's based on the huge influx of shares this year so far and what the O/S was in December '11
What was it used for? All kinds of things fees, taxes, property taxes, accounts, Legal things both here and in Chile Etc Etc Etc
Lots of expenses my friend!
The list goes on and on....
Or it could be months or years. Or imminent, quickly or shortly. One never knows with mmte.
I keep hearing 10 billion O/S, where is the proof of that and if it is the case what did the company get for the additiona 3.5 billion shares? If there are 31K acres or more of high valued concessions then the sp still is undervalued here.
No whining here Sir from us, just saying no company uplists with 10 B O/S
Stop using stock price evaluations based on concessions. Start realizing that pink sheet companies work to produce shares, turn the company into something ready to be successful and then correct their share structure ( if bloated like MMTE ) as they implement the final plan for future success.
In this case it seems like uplisting along with other good news but I highly doubt you will see the company's success coincide with current share holders success.
We got our run last year for success now it's the companies turn and I feel that soon success comes in the form of a RS with the uplisting.
It is a very valid point and is the blueprint of many a pink sheet stock from the companies initial inception.
It must be understood and highly considered or one must reconsider their own personal understanding of the pink sheet market and it's function as an incubator for embryonic start ups.
One great thing with MMTE is that they have the real deal it seems, just gotta make sure one doesnt fall in love with this fact alone.
Hope this helps some people invest better or just see a different, additional view of how start up companies function down here in the pinks.....
He probably has about 5 billion shares left..let's see, wow, that is 5 million dollars he can get out of this before the reverse split. Not a bad payday. jmo
READ THIS POST RIGHT NOW AND GO LEFT OR RIGHT. go MMTE
By pinksheet mentality the focus is only on dilution not the value of the concessions resulting from that dilution. Dilution seems to be a four letter word that scares people here, not me if we get value for that dilution and that appears to be the case.
By the way many pinksheet companies moved to higher exchanges and generated great shareholder value. Why can't MMTE be one of those?
"pinksheet mentality" is not bad. It's a pink sheet company after all.:)
every trader has his proof - since long.
thx for the warning, let's try to catch the bottom.
I've been asked this before on more occasions...
but can tell you this; I was attracted to MMTE by that "31,000 + validation per acre PR - longtime ago".
I cheered the stock but turned 180dgs because of my observations + explications I found for what was happening.
basically, I'm waiting for a turnaround. current situation isn't great.
people say that PPS isn't important cuz there will be a payout in the future but notice how everybody starts to cheer when a little spark is lit. yes, it affects us all. again, nothing wrong with that and let's hope that we can cheer once more soon.
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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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