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Well Stated Malamutus. WLs a shrude operator, and has a lot of faults. But as far as business goes, and who hes doing his business with as far as associates, "Colson" and some prespected others. I feel they are going to suprise the hell out of us. imHo
If there was gonig to be a RS do ya think it would of been announced already, before he put in for the up-list?
This company hes doing the up-list through are top notch, they will impliment the whole ball of wax, they do JVs, Merges and everything involed for WL to do what he says he wants to do. This isnt all WL brainstorms, he has some very knowlegable associates that "do know" what their doing and been doing this for many, many years, much longer than WL. We shall see, and again,,,Quote,WL 1/9/12:"the shareholders will be very pleased in 3-4 months in ALL fronts."
I may be cynical but have been burnt way too may times with CEO's running these things. There is no accountability to anything they say. The only saving grace would be stating it through a PR; I have also seen the PR thing happen and still they go back on their word. The PR would be written with a loophole of some sort. Who do I believe in this world of money and greed? My parents. That's just me though. Everyone are obviously entitled to their beliefs. You just will not catch me believing anything what these CEO's or anyone else controlling my money state.
With that said, I do not know of anything that Lieberman has done in the past with other companies or this where he has done something opposite what he has stated.
I also do not believe he will RS. I think everyone debating this should look at the only true fact that is staring everyone in the face on this:
He has NO preferred shares. He has 1 billion COMMON shares. He does not want to RS this thing. It would affect him just as much as yourselves. If he had preferred shares I would suggest watch out, but he does not. This is the ONLY thing here that would make me sleep better at night regarding the RS thing being debated here. I do not see it happening if only for this reason. I don't really care what he says, for me it is stated on the last filing. He will not RS for that reason.
Now, if it does get RS'd, it would be because he sees some sort of value in doing it, and he does not believe the price would immediately start to fall like most R/S's do in the pink world.
There is nothing he is doing right now that is making me think this is a typical Pink company. If there is dilution, it is very little going on here, the bare minimum required to keep this company going until the company develops into what he and all you longs envision what this company will be.
Eltoro,
Thank you very much for this wonderful information, and respect your input. Im going to say this in a very few words, theres a diffrence in one prespective,,,"MMTE is not in trouble Finacially"
They are up-listing currently, and the way WL will do it is beyone me but, we shall see no consolidation and/or RS IMO. Thanks again for your input, but Im long and intrusted to WLs way of business, I have full faith in his desisions, and the path that hes taking MMTE. Hes holding cards up his sleeves IMO.
Fronk, I believe what William says, but there are good reasons to have a consolidation or R/S.
I just read this regarding Sandstrom Gold.
Several readers have asked about "consolidation" in Sandstorm Gold shares - this is not, mind you, the chart-speak kind of "consolidation," which means the stock is moving down, but the actual consolidation of a reverse split. So since Sandstorm Gold (SSL in Canada, SNDXF on the pink sheets) is my largest holding and I know that a large number of Irregulars own and follow the stock, I thought we'd spend our Good FridayFriday File getting an update on Sandstorm.
You can see why they used the term "share consolidation" - the term "reverse split" has terrible connotations, since it's usually used by companies whose share price has dropped under a dollar and which are in danger of being delisted from the stock exchange, or penny stocks hoping to wring a bit more cash from their weary investors by bringing the price up to make it look like the company is still "real."
But that's not the case here - this is the "good" kind of consolidation, they are trying to bring Sandstorm Gold's trading metrics (mostly the share price) in line with the requirements of the major exchanges, which would give them the possibility of uplisting to the main exchange in Toronto (instead of the Venture exchange, where they now trade and where they rub shoulders with teensy, sub-dollar penny stocks) and, perhaps more importantly, getting an AMEX listing in the US. To get those kind of major market listings, they effectively need to have the share price above five dollars.
And though Sandstorm Gold has been growing nicely, and I expect will continue to grow nicely, it's not going to get to five dollars this year unless they consolidate the share count. So they issued a notice yesterday that they'll be asking for shareholder approval to consolidate the shares, giving shareholders one new share for every several old shares that they now own (they say the ratio may be as many as 5:1, but the actual number will be up to the board).
So although that means you've probably (if you follow Sandstorm closely) seen a bit of panic about this from folks who enjoy trading low-priced stocks, or who are worried about the warrants, or who just think "reverse split" or "consolidation" are four-letter words, the actual impact should be nil in a fundamental sense, and potentially quite positive if it raises Sandstorm's profile with a listing in New York. When a company is flailing and trying to survive and avoid being delisted, a reverse split is often a cry for help; when they're succeeding and outgrowing the venture exchange (or the OTC market in the US, or whatever), it's a sign of "growing up" and it can be very positive.
Sandstorm Gold is not a tiny company, and they are big enough for a major market listing if they choose to go for it. The stock has a market cap of about $600 million today, and they are just in the middle of a two-year ramp-up period for most of their key streaming deals that brought earnings of about $12 million last year and will probably enable them to report earnings of more than $30 million this year (assuming a good gold price). That won't change whether the company is divided into 300+ million shares, as it is now, or into 60+ million shares after a 5:1 consolidation - the only thing that would really change is investor perception with the shares perhaps trading for $8.50 per share and earning 50 cents per share instead of trading at $1.70 and earning 10 cents.
Though that's not entirely true: there are also reportedly a fair number of institutional investors that won't invest in stocks on the Venture exchange, or that won't buy shares that are under $5 per share, so to the extent that Sandstorm would get past that benchmark and uplist to "grown up" exchanges that would also increase the potential universe of Sandstorm investors. So yes, I'm all in favor of stocks that I own getting more attention, and growing enough to attract institutional investors.
I do not believe we will see an RS. WL stated NO, I believe him. Or would you believe the ones stating it on here...LOL
They dont know squat, why they keep saying it when WL says diffrent, I have no clue.
Think they made bad choices on other plays, and think this will do the same. Dont think so, do they have proof that MMTE wil?,"NO"
Do we have proof that WL said NO RS,,,,"YES".
Who you gona believe???? I believe WL, hes done everything he said he do, this is good enough for me. I would never listen to these RS naysayers on here or any other play with no proof. IMO
GO MMTE, comming soon IMO
Happy Easter all, and may you find the Golden Egg here with MMTE...
After the good news of late , referring to Fronk's email with WL, I cannot possibly imagine an rs. We all know that an rs will dramatically reduce the value of our shares. And if WL's words mean anything at all an rs is not going to happen.
Into the green – lithium
Richard Mills - Ahead of the Herd | April 6, 2012
Rare and critical metals are playing a crucial role in recent scientific advancements, especially in the environmental technologies and energy sectors. These advancements in today’s and tomorrow’s green technology are driving industrial countries like the United States to allocate significant funding for breakthroughs in alternative fuels for vehicles and alternative energy storage.
Furthermore, there is an increasing scientific consensus that we need to protect the environment from growing pollution, while frustrated drivers continue to bear the cost of emissions through surging gas prices. On these premises governments have been pushing policies which foster sustainable consumption and production efforts. These calls for action reinforce the belief that the clean energy sector is definitely here to stay. Spearheading the progression are two frontrunners; Lithium and Graphite. Both are key resources in developing higher range and lower cost electric vehicles, specifically in the application of Lithium batteries.
Graphite is a key component in rechargeable Lithium batteries, with China cutting back production and with the west’s supply replacement and much needed new supply not on stream Graphite’s price value is yet to level. By comparison, Lithium, which has already gone through one price surge, is seeing it’s demand prices firming, and with the rechargeable battery industry for EV’s and consumer electronics driving demand, forecasters believe lithium’s price could as much as double in value in the near future.
Lithium is the next step to reducing greenhouse gasses and supporting sustainable development – it is a vital component in many environmental technologies. It is the lightest of the metals and provides considerable savings due to its high energy density which is crucial for energy storage in mobility applications. Already the most widely used battery in portable electronics’ the Lithium battery is also the choice of preference for plug-in hybrids, mainly for its chemical attribute allowing us to create the batteries with specific power and energy capacity without the so called memory effect – with every charging cycle the battery loses part of its capacity.
There is currently no substitute for Lithium; hence it has to be either obtained through salar brines by way of evaporation or through mined hard rock.
Recognizing the advantages to being in the rare metal and rechargeable energy space several companies have been building up their rare metal resources, one such company being International Lithium Corp. TSX.V – ILC
International Lithium is a global Lithium and rare metals exploration company with a dynamic portfolio of projects worldwide, particularly in Lithium-rich Argentina, Ireland and Canada.
ILC was successfully launched into the market in 2011 through a spin-out from their parent company TNR Gold Corp. With their previous experience, a strong management team as well as a balanced portfolio, ILC was able to secure Ganfeng Lithium Co. Ltd., a globally recognized Lithium manufacturer as a key partner and investor.
Gangfeng recently increased its equity stake in ILC to 14.7% on a non-diluted basis. The company is a professional producer of lithium products which has developed a comprehensive product chain, including lithium metal and alloys, inorganic and organic lithium chemicals, supplies a wide range of lithium products for primary and secondary lithium battery market, pharmaceutical and new material industries. Ganfeng recently announced USD75million in sales revenue in their 2011 annual report, representing a 34% increase over the previous year.
ILC’s overall approach is to build shareholder value through quality projects and strategic land positions; thus far they are off to a strong start and are rapidly accelerating operations. At present ILC has nine viable projects including operations within the world renowned Lithium Belt in South America as well as highly prospective Mavis Lake, Ontario and Backstairs, Ireland.
The Mavis Lake rare metals pegmatite project is strategically situated with excellent infrastructure and accessibility being located 15km northeast of Dryden, Ontario and 5km from the Trans Canada Highway. The property comprises a total of 2,624 hectares and encompasses a continuous pegmatite field exhibiting high-grade, well-evolved, lithium and tantalum zonation as well as significant levels of cesium and rubidium.
A recent 20 hole drill program, totaling 1,750 meters, was completed on the property and exceeded expectations by revealing additional and more extensive pegmatite intersections than anticipated. One hole, MF11-12, drilled to the north of past exploration activity encountered a 78 meter pegmatite intersection reporting two intervals grading 1.86% Li2O over 26.25m and 1.22% Li2O over 28.45m. The discovery of this previously unknown high-grade lithium near surface pegmatite attests to the under explored potential of the property and the Company intends to expand the scope of the project in the coming year.
The Blackstairs rare metal pegmatite project located 80 km south of Dublin, Ireland, totals 292 square kilometers and encompasses the extensive NE-SW oriented 50 kilometer long Leinster Pegmatite Belt. Nineteen significant lithium pegmatite prospects have been identified along the trend primarily as boulder occurrences with five buried pegmatites revealed through a modicum of past trenching and drilling.
The Aclare House pegmatite initially discovered through boulder prospecting is reportedly up to 20 metres wide, has been traced for more than 400 metres along strike and grades 1.5% Li2O.
Recently ILC discovered an extensive high-grade lithium boulder field within a concentrated 250 x 250 meter area from a preliminary reconnaissance at Moylisha. Four samples were collected in this new area with three of the samples grading better than 3% Li2O and the highest returning an outstanding 4.59% Li2O. The density and size distribution of the lithium boulders at Moylisha indicates a potentially sizable, yet to be discovered buried pegmatite body and such significant findings from a cursory investigation highlights the potential to discover additional buried pegmatite bodies elsewhere on the Property.
The Mariana lithium-potash brine project is one of the more prominent salar (‘salt lake’) basins in the world renowned lithium belt of South America; host to the vast majority of global lithium production. The project totals 160km² and strategically encompasses the entire salar effectively ruling out any competition for the lithium-potash brine resident within the basin. Initial sampling of the surface brine revealed highly compelling geochemistry returning average grades of 440 mg/L lithium and 12,700 mg/L potassium.
The lithium grades are comparable to early stage exploration from other salars in the area, however the potassium levels represent one of the highest grades outside of the world class operation on the Atacama salar in Chile.
Recently, a widely spaced four-hole Phase 1 resource delineation drilling program was completed at Mariana and extensive brine hosting sand-rich layers were intersected below the surficial halite horizon. Unconsolidated stratigraphic units with a considerable granular or sand component represent an ideal brine host and are an important target in the lithium-potash brine exploration model. This setting, in conjunction with the high brine density and flow measurements during drilling, indicates the potential for a significant brine aquifer at the Mariana lithium-potash project. Drilling results are anticipated shortly and according to the Company will provide the basis to rightfully rank the Mariana project amongst some of the more advanced lithium-potash brine projects in the world.
Responding to industry demand and growing global focus on sustainable development International Lithium Corp. is opportunely positioned to advance in the Lithium Market. With a stable Canadian currency that is encouraging international trade, diverse global assets and a strategic partner, they are well on their way to providing strong value to their shareholders and securing a threshold in lithium assets.
Is International Lithium Corp. TSX.V – ILC on your green radar screen?
rick@aheadoftheherd.com
If you’re interested in learning more about the junior resource and bio-med sectors please come and visit us at www.aheadoftheherd.com
Site membership is free. No credit card or personal information is asked for.
***
Richard is host of Aheadoftheherd.com and invests in the junior resource sector. His articles have been published on over 300 websites, including: Wall Street Journal, SafeHaven, Market Oracle, USAToday, National Post, Stockhouse, Lewrockwell, Uranium Miner, Casey Research, 24hgold, Vancouver Sun, SilverBearCafe, Infomine, Huffington Post, Mineweb, 321Gold, Kitco, Gold-Eagle, The Gold/Energy Reports, Calgary Herald, Resource Investor, Mining.com, Forbes, FNArena, Uraniumseek, and Financial Sense.
***
Legal Notice / Disclaimer
This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.
Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified; Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.
Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.
Richard Mills does not own shares of International Lithium Corp. TSX.V – ILC
International Lithium Corp. TSX.V – ILC is a sponsor of Richards website
Oh yeh you better believe that mmte
RS is only way IMO. That's what all pinks do. You'll see
True.... Its all up to Liberman.
BR: I want to trust in MMTE
also. Problem is all pinky
CEOS claim no RS until the
day it happens. Hard to trust
anyone in these nano stocks.
I wish it were different, and
people could be held to their
word somehow. We shall see.
Like the old 80s tune goes:
"The waiting is the hardest part"
Yeh everything looks good with mmte. Then I woke up
I have figured it out both ways and when one takes into account the value of the present concessions and what the company is working on now and in the future to bring in more value to the company as we move along, either way there seems to be much more value here, thereby a much higher pp to come. PATIENCE, IMO
True win win situation here...Go MMTE!!!
BoilerRoom, I am figurring a 50/50 chance of a rs or not. If we were to get a rs I still think with what is suppose to happen with MMTE, we should still see a steady rise in the pp once we lift up onto another exchange. There seems to be a real plan either way for MMTE to prosper as time goes by. I definitely feel the wait is going to be worth $$$ of profit once things kick into a higher gear. GLTAL
GO MMTE GO no rs at all imo. MMTE all the way we are going places!!!
I hope an RS doesn't happen. I know Liberman stated over a year ago that he was not going to do one. I wish he could put out a PR stating no RS. I have a bunch of investors at my work that would buy in but they are afraid of an RS.
if no RS happens there's only one way to go: up!
I assume that 0.0003/4 will be the bottom. (technically a double bottom!)
another assumption; end of the year, there must have been some agreement with management and the MM's to not drop it under 3. no matter how, we'll know soon if this time 3 will be the bottom or not.
So if strategic alliances have been forming over the past year some Canadian Companies are hooked up with the big boys(consumer electronic Companies). Seems all the smaller fish getting gobbled by larger or medium sized groups are to increase the amount of lithium that can be harvested from a single source...also the single source must have the capability to be able to harvest (mine)the resource. So our JV will probably be with someone that is Canadian, at a higher Canadian exchange and someone WL is already in an alliance with. This had been cooking a while. Expecting something good.
okoil, although you may have irritated me in the past, all is forgiven and you will be blessed with good health and riches. Don't ever forget where your blessings came from and be thankful for them. IMO Junebug
Haha. I realized right after I posted.
I was going to be snarky... but the market is simply closed today. Enjoy the holiday.
I hope you too will be blessed and pleasantly surprised. Best Wishes
Your quote : It's not a matter of if but when when it comes to Mammoth Energy.
Not necessarily, just because MMTE has concessions there, does NOT mean that any company will JV/MERGE/BUY OUT MMTE for sure. THEY may pass MMTE over for "OTHER" concessions. And the "WHEN" part of your quote, might NEVER come or it may be the INFAMOUS.....soon/very soon/ imminently very soon CRAP that shareholders have been hearing for 2 YEARS NOW !!!! But again this is MY OPINION on this matter.
I have had this feeling come over me that we will all be blessed with MMTE. I have had some doubtful moments but now am positive we will succeed. Many have encouraged me, DiiDii, kgem, HeyU, Fronk, NOS, daytona, and several others I can't name you all. Lets all just remember to be humble and generous with our blessings. Don't know WHEN it will happen, just know it WILL happen. Happy Easter to all. IMO Junebug
Wonderful post RM ~ thank you as always...
The price is so bad because they have nothing happening to bring in money right now and the fact that there are way way way way to many shares out there means it has to r/s or buyback or SOMETHING THERE ARE 15 BILLION A/S ALMOST 7 BILLION O/S AND ABOUT 5 BILLION IN THE FLOAT
Thank you Searay !! I suspect Will's ready to roll out the plan we've all been waiting for... I'm thinking uplist or uplist/merge,
JV, then buyout... (hope)
As I've said before... every day in the sernageomin sites new mines are being registered by the dozens... and last I looked there were close to 50 consortiums formed. Chile is prepping for it's COEL's:
(From a 2/10/2012 L*3 press release)
Over the last several days, numerous press releases have circulated in Chile outlining the government's plans to improve its worldwide competiveness. The Boost Competitive Agenda (a package of reforms to remove regulatory red tape, to encourage entrepreneurship, innovation, competition and boost productivity of the economy) is coordinated by the Office of Competiveness of the Ministry of Economy and was initiated in August 2011. With the bulk of the measures having already been met, on Tuesday, February 7th, 2012, the Office of Competitiveness introduced ten new measures to extend the government's commitment to ensure that development continues to reach Chile. According to the article, Pablo Longueira, the Minister of Economy, detailed each of the measures, including the seventh, "Re-launching the Chilean Lithium Industry," which specifically addresses lithium by: "Unlocking its restrictions and implementing mechanisms to improve competitiveness within the industry, promote further investment and protect the country's market-share and standing in the world lithium market."
Senior Chilean official, Pablo Wagner, Vice Minister of Mining, outlined the basis for how the country plans to address existing laws in order to allow the exploitation of lithium with the objective of maintaining Chile's leading lithium producer status. Among other things, Minister Wagner announced plans to conduct an auction for lithium production quotas and licenses (Special Lithium Operations Contracts, or CEOLs), in a manner that wouldn't require any changes to existing mining laws. The CEOLs to be tendered will be for 100,000 tons of lithium metal (approximately 530,000 tons of lithium carbonate equivalent), be valid for twenty years and consist of a yet to be determined upfront payment as well as a seven percent of sales royalty paid to the Chilean government. The Ministry of Mining has been preparing to issue CEOLs for well over a year and expects to issue the first CEOL the fourth quarter of 2012.
Wishing everyone a very happy Easter and Passover ~
; )
DiiDii, I do not have PM privileges but to answer your question, yes I would agree with you. I also got the feeling after talking with WL that we should hear some real good news by the middle of May or sooner. I also got the feeling that William was very upbeat this time.
Me too, but millionaire would rule!
somthing posative for a pleasent change maestro,,,,good find thanx 4 sharing again
Everything is still ok as far as I know.
Weekend reading
Consolidation Potential for Lithium JuniorsResource Investing News | Apr. 5, 2012, 7:15 AM |
Resource Investing News
Last week, Galaxy Resources Ltd. (ASX:GXY) acquired Lithium One Inc. (TSXV:LI) in a friendly deal for approximately $112 million. The acquisition provides Lithium One shareholders with 1.8 Galaxy shares per common share in an all-share deal that implies a 27 percent premium for Lithium One shareholders on a 30-day volume weighted average price basis. It will be interesting to observe the perception of the deal from the market, as Galaxy has requested the suspension of trading preceding an announcement to raise capital.
Galaxy owns the Mount Cattlin hardrock lithium mine in Australia and a lithium carbonate processing plant in China. The company, which has indicated a production capacity of 17,000 tonnes a year, has off-take agreements with Mitsubishi Corp. (TYO:8058) in addition to Chinese battery manufacturers. Lithium One owns the James Bay hardrock project in Quebec, in which Galaxy already held a 20 percent stake, along with the Sal de Vida brine project in Argentina.
Potential risk of dynamic policy
Last week, representatives of 33 indigenous communities living in the Northern Argentinian provinces of Jujuy and Salta turned to the Supreme Court to claim their right to be consulted for exploration and development of lithium projects. This move comes following last year’s declaration by the governor of Jujuy Province that lithium is a strategic mineral under Decreto 7592/11, asserting that all present and future lithium projects must be studied by a special expert commission before being approved by local and national authorities.
It is of interest for investors to note that Galaxy and Lithium’s Sal de Vida project is located in the neighboring province of Catamarca, while Orocobre Ltd. (ASX:ORE,TSX:ORL) has operational exposure in the Salta region.
Recent historical context
Over the course of last year, a number of lithium exploration and development companies engaged in strategic alliances with consumer electronics companies, industrial conglomerates, and battery manufacturers in order to develop lithium resources. There have also been cooperative ventures between electric vehicle initiatives, automotive and battery manufacturers, universities, and governments to further prospective development and research.
A report from Ernst & Young showed that strategic merger and acquisition activity focused on simultaneously driving down operational costs and achieving growth. Sensible, lower-risk transacting was at the top of the agenda. Outside of the lithium industry, these factors gave rise to an increase in large-scale domestic consolidations, offering the promise of synergies and operations in a familiar environment. These deals provided a low-risk way to achieve growth and leverage existing knowledge or positions in the market.
According to the report, approximately 2.6 percent of the mining and metals merger and acquisition activity last year occurred in the rare earth and lithium sectors.
Geopolitical considerations
Potential positive implications of Chile’s recent policy provision for lithium extraction may help to foster additional merger and acquisition activity within the junior mining sector. The most attractive targets will likely be those with exposure to advanced-level projects in jurisdictions that have favorable operating environments. Direct consolidation between lithium exploration companies and lithium producers could mean additional investment interest as opportunities may look more worthwhile for investors..
http://www.businessinsider.com/consolidation-potential-for-lithium-juniors-2012-4
It's not a matter of if but when when it comes to Mammoth Energy.[/b]
PerWoolly mammoth find surprises scientistsfectly Preserved Woolly Mammoth Discovered in Siberiahttp://news.yahoo.com/blogs/trending-now/perfectly-preserved-woolly-mammoth-discovered-siberia-163507240.html
Sorry man... Hopefully this turns around ASAP...
we are one step closer to 0001
LOL...mine, MMTE, got me tax losses...LOL!
LOL, 5 DAYS past the end of the 1st QUARTER 4 MMTE........must be one of those soon, imminent, very soon types of timelines again!!! LOL @ W.L. !!!
LOL...okay very good point.
Actually we are in the middle of holdups. My beard is already grey and Mammoth is trying to make my hair match. All in all I'm trying to get a bit more buying capital and I'm figuring if I can't buy within 2 weeks then forget about it.
I agree I owe a ton from capital gains off MMTE. Darn Government!!! Have a good weekend HG....
Well...delivering before tax day would help immensely!
Sorry dat was Jan, 9th
From: info@mammothenergygroup.com [mailto:info@mammothenergygroup.com] On Behalf Of Mammoth Energy Group
Sent: Monday, January 09, 2012 6:48 PM
To:
Subject: Re: [Mammoth Energy Group Inc.] Inquiry
Frank understand completely. We are in the stages of putting together some final announcements we have been working on. I know what everyone is waiting for and I can assure you everyone is going to be pleased. I apologize for being quiet we have just had a lot on the go.
In the next 3-4 months we move to a different level in all fronts.
With regards
William
Wow Dump of 20+million @ 4's today! That is the big picture, next week you will see the bigger picture of 3's dropping. Think out of the box! Lmfao
no paint job today.
MMTE is basing. the time to place the bets is near.
Yea just hope theres no hold ups..ron what others that had the latest communication with him, they are stating that theres a good chance, but again nothing in stone as far as a exact date..cant do that now can we...LOL GLTY GO MMTE
Wwwshortvoulume.com its preety obvious the last week and even in jan feb.. Mmte
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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