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you have points there and some arent right. i just mentioned 1 that wasnt right and you harp on the ones that are correct. take it down a notch and look at your chart with purported indicators.
you circled the huge move and have an arrow pointing to it being bearish
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73833255
im just calling it like i see it not sugar coating the PPS just poking at your chart. have a nice day.
I said NOTHING about the short-lived spike in MMTE's PPS price in early 2012... neither bullish nor bearish. I only linked the recent drop from that spike as bearish. Further, I clarified that MMTE's pisspoor performance occurs in the aggregate, meaning the early 2012 PPS spike did current investors no good. See, e.g., http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73830433 .
this isnt my first pink sheet stock, so no i wasnt shocked when it fell, i bought more after a retrace from a 200% move.
yes i remember that. comments based on bid size and pending news, i dont have a crystal ball nor do you.
i am honest with myself, and YOU all. i think some should ask themselves the same thing.
Exactly. I totally agree with the people and what WL has said "he is not concerned about the pps right now". He is not making this statement to appease the flippers.
If you are a flipper in for a quick buck, of course you are saying "wth, why would he say this?". But WL and the longs rightly don;t care about the current pps.
If this is on the up and up, the longs will be rewarded long term by a very high pps. The flippers should probably have exited this a while ago.
Thanks Daytona for the pm. I guess I got lucky with my sell. At the time I was depressed I had to sell. At least something went right for me this year.
gl to you. Hope it works out.
Good analogy. I love it when people complain on a day to day basis thinking the WL even cares. If he is on the up and up then why should he care about the price at this point. Just my opinion.
NOS probably is... He's a good guy.
hehe. ya, flip a coin i guess.
Yadda yadda yadda! blah blah blah! I`ve done my dd and i like what i see! Go MMTE!!!!
NOS to be honest I don't know what's going on with MMTE... I'm out of the loop now. Good luck
Well, one of you guys is right.
Yep.... LOL
Be honest with yourself, in January when it went above .001, did you ever think it would be back where it is now? If you go back and look at the board, doesn't look like many thought it would.
I remember some people saying they were waiting on 4's to get back in. The chorus chants "never going to happen, get back in ASAP or you will miss the boat". Remember that?
Flash forward 2 months. Here we are.
This will go where it want's to go, all depending on a certain CEO and how he executes. I hope the CEO lives up to all the longs expectations.
This has a lot of potential if everything is on the up and up. It shouldn't be too long before it is figured out one way or another. After the long wait, I think it is finally reaching a tipping scale. Either something really positive is going to happen real soon, or the house of cards will come down very quickly.
gl.
that's what we are all longing for.
I hope this picture will change soon. it'll have to.
In big board stocks charts work great. Penny stocks they move to fast on news...
dangerous game at this point but i'll take some .0003/4's if they happen. hope im not going to the well once to often to flip this pig one last time.
shame what has happened here. this had so much potential going into 2011, but same old WL it seems. if only he could ditch the wizard of iz. Maybe he is trying to with Limitada. I hope so.
gltaimo
WRONG! The value of MMTE is its best represented by the market cap (i.e., the price investors are willing to pay for the company's issued and outstand stock). Assuming: (1) an O/S of 6.6 billion shares, (2) 15,000 C1 shares, and (3) 205,500 C2 shares (see, e.g., MMTE QUARTERLY REPORT, Nov. 2011) - concordant with a current PPS of .0005 shares, MMTE is thus valued by the open market at about $3.35 million!
Realistically, the MMTE concessions' have had NO lithium market stimulus or reason to have increased in price or value compared to the actual price MMTE paid for its concessions (with borrowed monies). Thus, the "VALUE" of the concessions are a wash! MMTE could only sell them for about the same price MMTE paid for them. That means the concessions have a net value of ZERO!!!
The Chilean high deserts are vast, remote, and inhospitable geographic regions dotted with sporadic salt beds known as “salars.” Under some of these salars lie pools of brine water that contain anywhere from faint to fairly rich concentrations of lithium ore. From these salars and brine waters, experienced and well-funded mining exploration and development companies painstakingly prospect for the most lithium-ore-rich lodes to extract, transport, process, refine, and sell for high dollar to end users such as lithium-ion battery manufacturers.
Some say that MMTE's value is based in the lithium in the ground… that all of the other, above aspects of exploration, mining, evaporation, harvesting, processing, refining, transporting, selling, etc., mean nothing. A more ludicrous statement one would find hard to make. As discussed, the owner of any lithium mining concessions own only the scant value of the trace lithium amounts floating in the groundwater in one of the world’s most barren and isolated regions. The value is just not there, especially where other regions prove far more lithium-rich than the concessions obtained by MMTE.
First, unless MMTE can find an entity crazy enough to merge or create a joint venture with the devalued, diluted, forlorn, newcomer MMTE to mine & refine lithium (eventually) the relatively tiny land acquisitions/mining concessions MMTE required some sort of an ownership interest in – or some such other miracle happens – I believe MMTE will have mislead investors, financiers, financial institutions, and perhaps governments. The concessions are almost certainly still worth exactly what MMTE paid for them (with borrowed or shareholders' money); thus, there is no GROSS PROFIT margin in the value of the land/concessions. The sale of the concessions or land, especially with closing costs and transaction fees, would likely recover ONLY that which MMTE bought them for in the first place. That's NOT increased value; it's just a debit-credit wash.
Second, The world's most lithium-rich geographical salars DO NOT include MMTE's purported "concessions" to relatively small salar portions deep within Chile's most inhosptiable region (e.g., Salar de Maricunga, Salar del Laco, Salar de Pujsa). Indeed, the world's primary/vastly superior lithium-rich and lithium-producing salars - among which one will fine ZERO (0) MMTE salar concessions - include: (1) Salar de Hombre Muerto; (2) Salar de Rincon; (3) Cauchari, (4) Olaroz, (5) Salar de Uyuni, (6) Salar de Atecama, (7) Taijanier Lake, (8) Zhabuye, and (9) Silver Peak. MMTE's concessions are not among the world's approximate top ten lithium salar land masses, and as far as lithium-producing salars go, there really are not very many of them in toto anywhere on the planent. See, e.g., MMTE Website @ http://www.mammoth-energy.com/projects.php ; Signum Box, "Salar de Maricunga: Project Review," p.5, tab. 3 (June 2011) @ http://www.li3energy.com/projects/signumBOX/IVG-LIEGsignumBOX2011.pdf ; Lithium Investing News, "World Class Deposit" @ http://lithiuminvestingnews.com/investing-in-lithium/lithium-world-class-deposit ; R.K. Evans, An Abundance of Lithium II @ http://www.worldlithium.com/AN_ABUNDANCE_OF_LITHIUM_-_Part_2.html ; New World Resource Corp., "Projects About Lithium," @ http://www.newworldresource.com/s/AboutLithium.asp . THIS IS FACT... THE REAL TRUTH!!!
Third, based on the press releases and, inter alia, the above facts (including all cited information/links), MMTE appears far from selling, merging, or establishing even the most basic resources required to mobilize and initiate a successful precious metal mining and refining operation. Moreover, without mammoth dilution and/or a reverse split, MMTE will almost certainly find itself unable to finance the colossal industry entry costs inherent to precious metal mining, even with a JV on board and small brine mining operations included. Further, where MMTE is nothing short of a financial train wreck and where MMTE's purported salar land ownership interests are NOT found among the very few, lithium-rich salars on the planet, one would find it rather unlikely that any truly viable or reputable mining company might want to enter a joint venture or merge with the cash-strapped, struggling, heavily O/S diluted, forlorn penny stock, MMTE.
Simply put, MMTE bought comparatively poor quality portions of salar concessions (the higher quality salar portion concessions either in listed the above top salars or already snatched up by MMTE geographical mining "neighbors") because that is all it could afford, even after selling so many printed shares to the investors and shareholders (i.e., us) to pay for the lower quality salar concessions now dragging behind MMTE as a liability, just like its drags behind its bloated, bulbous, massive O/S sac! Value in the ground or even in the company? Not so much!
MMTE's market cap therefore STRONGLY suggests that the company is WORTH about $3.35 million right now... nowhere NEAR the silly computations of $240 to 720 million! The share price and market cap bear witness of this. The true "worth" or "value" of MMTE is only what investors will pay for its aggregate outstanding shares, and right now that's ~ $3.35 million.
They work till news hits then they can't be followed until they reset.
Yep. Eventually though, someone will call the chart correct here and then be able to say "see, charts really work". The debate will always go on. Haven't seen anyone get a chart call correct on MMTE yet. The minute it happens "told ya!" How can you argue with that?
always something else with MMTE, when the audit is done, then what? new excuse, would be nice to hear about the direction WL is taking..
No argument, BR. I don't know enough to say one way or the other. My point is, if you make a statement one way or the other concerning the validity of charts to pinkies, stick with it. Don't make comments to the contrary to make your point.
i bought at a high last year of 0.0038, i also bought 0.0004s 0.0005s 0.0006s 0.0007s etc etc etc.
happy with my shares, value to be seen soon IMO
Still waiting on attorneys....
indeed, everybody around here wants to make money.
5's are cheap but would like to buy them after a bottom confirmed.
Herein lies the problem with your expectations. Mmte is not waiting on attorneys any longer. It is in the hands of the auditors now. All imo of course.
Buffet would not even waste his time on this situation to even analyze it. It is funny watching his quotes and trying to somehow relate them to pinkies.
i do not see this going to 0.0001 nor give any credence to the doomsday folklore fluff-talk. their tone is crystal clear! so much interest for something they dislike, or dont own shares in? in-ter-est-ing.
go MMTE
They don't... Too Volatile. News hits they go wacko. Penny's move on news and anticipation of news. Forget the charts.
this needed a breakout to the upside.
may see an upside movement if that MM is sold out.
bottom line, share price is at .0004 that speaks volume especially with all this so called land value. share price tells us exactly what mmte is worth, bubkis.
i sure did , but for the ones that do use charts, does not look good.
just like the bull flag that was forming, how did that work out?
so did purported TA experts!
Didn't you say that charts meant nothing in pinks?
no, i was specific to the activity in early 2012 but thanks for the obvious.
the bolinger bands are gong the wrong way too. not good.
concessions are the bait, dilution is what you get.
Buffett is a FA guy (not TA guy). one glance at the situation and he would instantly know something doesn't add up.
drop under 0.0003 soon is RS guaranteed this year.
remember my words from early March.
"if VERT's chunk is big enough we'll see 5's, if we get the same as Nov/Dec we'll see 3's".
You mean the prior tanking period on the MACD with the current indicators showing the MACD is now about to DOWNCROSS the EMA? That's NOT bullish.
you circled a 200% move as bearish. GL. MMTE.
Your good old free 3 million shares lol!!
You know, I am playing with FREE shares basically, I made some good $$$$$ off this play. I guess if MMTE goes into the dumper it will be no big deal to me. I will hold my little 3,000,000 shares and IF MMTE does GREAT, then fine ! If NOT, no big deal to me. BUT, I will feel bad for those who invested in MMTE with a LOT of $$$$$$ if MMTE folds or goes bust. For those people, I HOPE MMTE does right by you and I HOPE it is SOOOOON ! GLTA ! :)
if that was the value, wouldnt the price dictate that?
All comments made about big board stocks , I'd be willing to bet he NEVER EVER bought a pink stock and chances are slim he even messed with an OTC stock ever .
Many here are upset because MMTE's stock is not performing as quickly as they would like. This is a company making it's way amongst a field of some larger companies and MMTE has been planting each step firmly in front of the last and as a newer company there are always little problems to work out along the way but with it's perseverance and those here that chose to stay the course may find the reward worth the wait. IMO
Now Rusty, everyone knows CHARTS don't mean a thing with STINKY PINKIES like MMTE ! And LOW SHARE PRICE don't mean a thing for STINKY PINKY MMTE ! Only VALUE MMTE has in the land value..........OOOOPS ! that means the Value of the land is NIL ! or at least close to NIL as in
. O O O 5 or . O O O 4 or . O O O 3 maybe even . O O O 2 or . O O O 1 !!!!!!!! LOLOL
It was suppose to move. Waiting on Lawyers. I'm tired of waiting.
Love this one
"Prise is what you pay, value is what you get"
Think about it, you can buy MMTE today that has a value of 240 million to 720 million for .0005. Divide the value by the either O/S or the A/S and see what you get?
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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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