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DD means nothing with punks nada. You know that!
So IF nobody is buying, hows he getting all the concessions?? All registered plus getting uplisted,, 31,000 + acers? HUMMMM again. Looks like you done no DD!!!!
"IF" you dig maybe you can find answers, instead of spitting out non-scence about rs all the time. You been stating the same thing over and over for the past 6 months, and the company keeps getting better and better in the meantime. Dont fiquer does it. Think you better do some DD and clairify your false accusations your posting here.
I think you need to do some DD and find out. This is proof that you know nothing about WLs situation. How do you think he has concessions without dulution. HUMMMM???
3 and 1/2 billy float is my argument
Yeah i got proof. Look at the share price right now! LMAO!
Ppl will soon understand how they have fooled by WL. Sit in as many chat rooms as you want it still does change the financial state of mmte. Share structure is ridiculous!!
Well if you look at trading lately nobody is buying mmte
WL will buy back shares with what money?
He has NOT done everything he said he would do. That is false. Where is the n1? pr'd in June last year that they would be done quickly !! stop making WL out to be the king of lithium. He's running a penny stock if you can even call it that !
WL so no a year ago. IMO at that time he thought share price would be higher by now , but it's not. RS is coming
Reverse split is almost a guarantee imo
Not so easy and not so fast.
Faruqi & Faruqi, LLP Announces Investigation of Lithium One Inc.
Whether Lithium Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Lithium shares and by how much this proposed transaction undervalues the Company to the detriment of Lithium shareholders are the key focus of this investigation.
http://finance.yahoo.com/news/faruqi-faruqi-llp-announces-investigation-143400577.html
Who knows...
what changed since then??
Good job go for 20,000,000 $2000 every tick up...
We won't be at these levels long... Get them while they are cheap... My goal was10 mil... Almost up to 12
It will move on air again... Go MMTE!!!
I agree Fronk I would like more cheapies also... A lot of good things coming here IMO.
Just think a few months ago this moved on air
Oh gollie gee, goosh no...lol
Yea right... GO MMTE, JV/Merger,UP-list comming up, without the so called RS....
Peeps know this company is real, the way everyones wishing for 0003, 0002, 0001 they all want the cheapest shares before the news, this also tells me they know theres no RS, or else they wouldnt want the cheapies, why buy when theres a RS right? All non-scence with an agenda. IMO
Real Close IMO...LOL
People get squirmy when the pps dips... It's a pinky they're volatile it will yo yo back just as fast... I snagged some 4s who would have thought...
I agree... We are due for a good one. Go MMTE!!!!
I'm not nervous... A good pr will set the pps in the right direction
That would be awful.... Let's hope it doesn't happen.
Consolidation Potential for Lithium Juniors
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
And this from earlier in the week
Galaxy a star player after Lithium merger
"Our 17,000 tonnes capacity that we are bringing online is really nothing and we will be the fourth largest producer in the world. So it is important to find more resource."
http://www.theaustralian.com.au/business/mergers-acquisitions/galaxy-a-star-player-after-lithium-merger/story-fn91vdzj-1226316878835
he can always issue himself shares as much as he want.
that company has a great looking chart. a company and a PPS on the rise.
a RS will probably turn out to be good for everybody.
interesting tip BTW; buy the fear, you know...
MMTE is another story.
the dumping of shares is ever ubiquitous which implies it would only make the charts drop further until even under the 0.0001 level.
that would guarantee wipe out this whole 'generation' of shareholders.
...the nightmare of every start up company investor.
That's why I'm hoping my friend is correct about the audit process taking up to 90 days. That will buy us more time before and if an RS occurs....
Been here since jan 2011, never posted until late 2011! But that does not matter, what does matter is I do think mmte has the potential to make a run into the 12 range so that why I hold my share that I got at 3's. And don't get me wrong I will buy more shares @3 again to turn a profit but you guy that think mmte will ever see .10 or even .01 are foolish! I would like to see mmte to go up just don't see it happening anytime soon.. I just disagree with you opinion, this is a sub penny stock that will probably stay there. IMO but good luck to you and happy Easter to you also!!
No pumpers here joe, all longs, not shorties such as yourself. And I donot believe you made a profit off MMTE, or you been here that long, never seen you post before. Just like you say a RS, you have no proof of any of this. GLTY hope you hang out to get the golden Egg..LOL
Actual I have been here just as long as you! I was smart enough to turn a good profit when I sold 20 mil share at 10 but i still have some shares. This stock will r/s regardless of your or my opinion of the company. How can you say the company is in good financial standing? I hope someday the thing moves back to 10's so I can sell the rest of my shares, I am sure the longs including me will be glad I am gone but until then I will call it like I see it without the pumper brain washing you guys try to feed ppl!! So when mmte does r/s I will still be here to let you know I was correct..
joey
Happy Easter, first I never stated 8 would be the bottom, please show me that post. Second I really dont care what you of the others think. Im here long bud, not trying to flip or bash MMTE. I invested in MMTE over a year and a half ago, IF I didnt do my DD yea sure I might listen to you, and the others that havent done their DD.
Oh you guys say, "I did," well for a fact I didnt see you or the others at the chat sessions asking WL questions, or do I see you on other boards that talked to WL, and all have done heavy research on MMTE, WL and everyone else involed with MMTE.
All I see is you and the others here for the past 4-5 months screamming RS.
Well guess what I say NO RS, I would never listen to you and the others here saying this will RS just because you had past exsperience with other plays that you didnt do your DD on, and they RS on you. Thats your tough luck. Maybe IF you use your head, you would get into MMTE before the JV/Merge. IMO
So no need to PM or mail me here cause, no matter what you say I learned not to believe you or the others, "you know who IM talking about" due to lack of facts. AIMO GO MMTE
fronk under the merge of lione the price didnt go up as much as i thought it would.. I havent been a big electic car believer but today as i and my family were going to the inlaws for easter I am driving along going 72 to save on gas and what flys by me on the interstate a volt going 80 i cought up to it and i couldnt beleive it it was still going 80 and we were at least 40 miles out the twincities I had to turn off on my exit but all i could think about was mmte and how much lithium we have.. I am now more of a believer in rechargeable lithium cars.. I have never saw one before always pictured someone in a small car going 40mhr to go to work to be green but i donot think this way anymore.. Technology will change in the future and there will be more demand of lithium for cars... happy easter mmte....
After the audit is done, the auditors will recommend that mmte do a consolidation of share or r/s what you want to call it. Shareholder will feel the brunt of this and William will say I did not want this but it is necessary for mmte to accomplish its goal. Most will be scratching their heads think but I trust WL to his word. Remember this is pinkie land regardless all the thoughts of everyone becoming super rich off mmte. Good luck
Fronk you also said 8's was the bottom several weeks back when I was saying 5 would come again. Now 4's are dropping last week some 30 plus million. Would you like to revise your bottom. I would I think the bottom will be 2/3 in 2 weeks. I would not put that much faith in William not reverse split the thing. I see it as a must soon! Good luck to all the long mmter's...
I really think its all planned, the future of MMTE and layed out. Im not concerned in the least about a RS, I think we will not see one, there IMO is a diffrent route to his madness. There are plenty of companies that had a large SS and didnt have to reverse, peeps have posted this before. I think WL will buy back shares without a RS.
As far as the audit, WL wouldnt be so positive about the uplist IF he knew there was a possible RS involved, and Im sure all this was in the works and thought out before it was even attempted to be processed for an uplist, or else he wouldnt of stated what he did "NO RS". TIAMOO
I think when we hear news, its going to be the JV than uplist following, Colson is guiding WL, Colson was the CEO of Li One, than on the board of LiOne while at the same time being on the board of MMTE. Colson knows what hes doing, LiOne didnt RS, Im sure both WL and Colson are aware what will happen with the shareholders IF they did a reverse. So IMO this isnt part of the plan.
Many of us are wondering if we will go through with a RS. I personally think WL is waiting to see what the audit company is going to recommend as to, to do a RS or not, and then WL will have to make the decision to do or not to do. It may be a bullet he will have to bite, time will tell. In either case, I still believe that MMTE, it's present and any new shareholders to come along will prosper one way or another. We are growing and there will be growing pains as we go along. All above IMO.
Thats the way you feel...Not everyone feels this way. IF you felt like this why did you invest in MMTE?
IF I felt the way you feel, I would have been long gone. I feel this way "good about MMTE" even know the PPS is down at the currently, I know its not the company or CEO.
I know that its other assinine manipulations that keep this down for shorty miniscule profits.
Everything is in place for this company to be very good, and be very profitable. What I see happening is as soon as MMTE puts out positive news, peeps are going to sell at the first pop. But you know what, they are going to be kicking themself afterwards. Peeps will be jumping at 25% profit on lift off, well good luck to you all "to each his own".
Im staying long for my reasons which are diffrent from all of the shorties here. IMO theres going to be a JV, uplist, merger and buyout from a giant Lithium producer. This is the only time I may think of selling, is when all these steps are done unless I see reasons/facts to keep me in longer.
Everyone has their feelings and I hope the ones that are long will take the biggest profits for being supporters of an investment that they believed in, such as myself. Happy hunting, GO MMTE
Yes Fronk, I'm planning on the golden egg. Although you have more confidence in WL than I do, I have went all in many months ago, not being one to put all my eggs in one basket but this play with MMTE is 4x any former or current investment I have ever made. It was a gut feeling and as months went by MMTE has acquired the necessary concessions and things do seem to be slowly coming into play. Happy Easter All.
at this price many still sing praises for MMTE, i may be alone but I see myself being the bagholder. IMHO
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
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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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