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It is a loosly federated group of cooperating analyst who maintain mutual respect and trust with a commitment to share and exchange knowlege on MMTE. The group grows slowly and causiously. Several members of the group are far more talented than I. I tip my hat to DiiDii, NOS as well as to a few others that I'm not sure want to be made mention of.
U.S. drivers buy a record number of hybrid, electric cars in March
April 14, 2012 |
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General Motors sold just 7,671 Volts last year, below its goal of 10,000. But in March, it set a new monthly record of 2,289 sales for the gas-electric vehicle. Escalating gas prices attracted consumers to the cars. / February photo by David Zalubowski/Associated Pres
By Dee-Ann Durbin
Associated Press
Filed Under
Business
Auto news
Electric Cars
Toyota
Chevrolet
Nissan
Honda
Hyundai
Buick
Zoom
Nissan Leaf sales nearly doubled to 579. Gas neared $4 per gallon. / March photo by JEFF BARNARD/Associated Press
Americans are buying record numbers of hybrid and electric cars as gas prices climb and new models arrive in showrooms, giving the vehicles their greatest share yet of the U.S. auto market.
Consumers bought a record 52,000 gas-electric hybrids and all-electric cars in March, up from 34,000 during the same month last year.
The two categories combined made up 3.64% of total U.S. sales, their highest ever monthly market share, Ward's AutoInfoBank said. The previous high was 3.56% in July 2009, when the Cash for Clunkers program encouraged people to trade in old gas guzzlers for more fuel-efficient cars.
And though their share of the market remains small, it's a big leap from the start of the year, when hybrids and electrics made up 2.38% of new car sales.
Buyers were drawn by new models like the Toyota Prius c subcompact, the Prius v wagon and Camry hybrid. Gas prices near or above $4 per gallon added to the cars' allure.
David Martin, a Denver software engineer, estimates he'll save at least $150 per month on gas with his new Chevrolet Volt compared with the 2010 Acura TSX he replaced. Martin expects gas prices to stay high, a factor that heavily influenced his purchase.
"As the cost of gasoline rises, my future savings can only increase," he said.
Stronger sales of the Volt and the Nissan Leaf were a positive sign for makers of gas-electric and all-electric cars. The two vehicles have struggled to gain acceptance from buyers worried about how far they can drive on a battery charge.
Another concern: Volt maker General Motors had to change the car's charging system because its batteries caught fire after government crash tests.
GM sold just 7,671 Volts last year, below its goal of 10,000. But in March, it set a new monthly record of 2,289 for the Volt, an electric car with a small backup gas engine. All-electric Leaf sales nearly doubled to 579.
Gas prices helped sales. The nationwide average for a gallon of gas jumped 19 cents in March, from $3.73 to $3.92, and it crossed the $4 mark in California even earlier.
The $4 mark was a significant psychological milestone for some buyers, said Paul Lacy, who forecasts sales trends for consulting firm IHS Automotive.
Lacy expects hybrids and electrics to make up about 4% of U.S. sales this year, although sales could drop if gas prices fall or if buyers get more accustomed to higher prices.
Hybrid and electric sales also rose with high pump prices last spring, but fell after prices moderated and the Japanese earthquake disrupted Prius supplies.
Lacy predicts hybrids and electrics will double their market share to 8.5% by 2017, in part because there will be more options on the market.
Last month, 35 hybrids and electrics were on sale, double the number from 2008.
The proliferation of models will also bring down costs. Hybrids cost around $2,000 to $4,000 more than their gas counterparts, which can make them less attractive to buyers.
Automotive information site Edmunds.com estimates that it takes 11 years' worth of gas savings to recoup the $4,595 premium on the Honda Civic hybrid, or 5.2 years to make back the $3,400 premium on the Toyota Camry hybrid.
But those gaps are narrowing, said Jessica Caldwell, senior director of pricing and industry analysis for Edmunds.com.
The price difference between the Camry and Camry hybrid has fallen by $800 since the hybrid was introduced.
Toyota's Prius hybrid cars were the runaway best-sellers last month. They made up 57% of all hybrids and electrics sold.
The Prius c, an entry-level hybrid that is 19 inches shorter and $5,000 cheaper than the regular Prius, sold nearly 4,900 in March, its first month on the market.
More Details: Top 10 hybrid and electric cars sold in March
Hybrid and electric cars saw record U.S. sales in March as gas prices rose and new models hit the market. Here are the top 10 hybrid cars in March by sales.
1. Toyota Prius hatchback, 18,008
2. Toyota Camry hybrid, 5,404
3. Toyota Prius v, 4,937
4. Toyota Prius c, 4,875
5. Chevrolet Volt, 2,289
6. Lexus CT, 2,223
7. Chevrolet Malibu hybrid, 1,416
8. Hyundai Sonata hybrid, 1,397
9. Buick LaCrosse hybrid, 1,117
10. Honda Insight, 1,032
Damn Rocky, had no idea that you guys were that extensive with the DD, kudos to you and the team. I got a few reasons to stick around and wait...
Value is based on what you can sell the stock for nothing else period.
MMTE is doing amazing!!!!! GGO MMTE GO great pressure coming!!!!
I concur Rocky. Spot on my friend. MMTE.
No true buffalo, value of MMTE well exceeds the PPS. Do the numbers, there are many reasons that can cause or hold MMTE down. One is manipulation, bashing, shorting what have you. The value is based on the companies worth, which again exceeds the current PPS.
Diidii i see on the other board that all of you in the chat meeting with wl had alot of good questions for him... did the questions get answer and if so can they be posted on this board.. it would give more confidence for us shareholders thanks .. mmte
The only true way to judge
any stock is thru it's pps.
In that respect, MMTE has been
judged by investors and sits
at the price investors feel it
is worth. True value and perceived
value do not always match. IMHO.
Well done, Maestro111 ! Empirical data is the only way to judge this stock...and it all points to success for WL, for US!
Trust is different than Blind Faith.
MMTE needs to earn investors trust.
The constant disappointing pps is
what has folks upset. We are here to
make money, not just keep trusting and
following like blind sheeples. Show us
the money!! Been waiting years now.
Nothing but promises and no delivery
gets tiresome and frankly boaring. IMHO
In a pinky it's all what you get, if you are lucky ... . If you are double lucky it comes through, if you are triple lucky you make money. BUT WE ARE ALL HERE for this only purpose. GO MMTE!!!
Thank You Solid,
Your post cheered me up.
WL's word?????
Yikes Man!
NO REVERSE SPLIT
"The only info I have on this is WL's words."
Whose words else do you need? If you don't trust CEO, then why are you waiting for PR's?
Really, you either trust it or not, either put you money to win or keep it under pillow. Have a nice weekend and keep your trust up.
Right on Maestro... good weekend all!
Maestro quotes:
Juan Paul Bambach bio from MineriaActiva site
•Juan Paulo Bambach, partner at Philippi, Yrarrazaval, Pulido & Brunner, with 23 years of experience in Natural Resources and Corporate Law. He started as in-house counsel in leading companies such as Compañía Minera Disputada and Sociedad Contractual Minera El Abra. Mr. Bambach is also legal advisor in high profile mining transactions for national and international Companies of exploration.
•The prestigious British publication Chambers and Partners named him as one of the leading lawyers in Chile in the mining sector.
•Post graduate diploma in Taxation Planning of Universidad Católica de Chile (2002). Post graduate diploma in Mining Law, Universidad de Atacama (1997). Master in Law, University of Wurzburg, Germany (1993).
•Professor of Mining Law, Universidad de Los Andes. He is member of Rocky Mountain Mineral Law Foundation and Bar Association of AIJA. Lecturer in international and local mining seminars.
http://www.mineriactiva.com/index.php?option=com_content&view=article&id=35&Itemid=77&lang=en
********
That's some impressive stuff, but give me one crumb where Juan Pablo has substancially increased shareholder value for investors.
rocky writes:
We are SERIOUS about our DD. Extensive analysis is 12+ people analyzing this company for 12+ months. Analyst include Business Execs, Accountants, Lawyers, and experienced trader/investors. This is not a one man with a Free day effort. Our efforts also include sit down meetings face to face with WL as well as conference call meetings. Additionally we have visited the sites, checked the goverment documentation by aquiring our own copies. We have vertified with the Chilean Government. We are SERIOUS about our DD and it is accurate and first class.
*******
Great, hope it's true, first time I've heard about it, but this is just words from you.
Why isn't it in a pr or something official, who are all these people?
Juan Paul Bambach bio from MineriaActiva site
•Juan Paulo Bambach, partner at Philippi, Yrarrazaval, Pulido & Brunner, with 23 years of experience in Natural Resources and Corporate Law. He started as in-house counsel in leading companies such as Compañía Minera Disputada and Sociedad Contractual Minera El Abra. Mr. Bambach is also legal advisor in high profile mining transactions for national and international Companies of exploration.
•The prestigious British publication Chambers and Partners named him as one of the leading lawyers in Chile in the mining sector.
•Post graduate diploma in Taxation Planning of Universidad Católica de Chile (2002). Post graduate diploma in Mining Law, Universidad de Atacama (1997). Master in Law, University of Wurzburg, Germany (1993).
•Professor of Mining Law, Universidad de Los Andes. He is member of Rocky Mountain Mineral Law Foundation and Bar Association of AIJA. Lecturer in international and local mining seminars.
http://www.mineriactiva.com/index.php?option=com_content&view=article&id=35&Itemid=77&lang=en
God, I really wish we would make the money and I will be more than glad to leave, but I just can't help responding to this...
rocky writes:
Analysis shows NO REVERSE SPLIT - clains are SCARE TACTICS
*****
And exactly what analysis is that rocky?
The only info I have on this is WL's words.
We are SERIOUS about our DD. Extensive analysis is 12+ people analyzing this company for 12+ months. Analyst include Business Execs, Accountants, Lawyers, and experienced trader/investors. This is not a one man with a Free day effort. Our efforts also include sit down meetings face to face with WL as well as conference call meetings. Additionally we have visited the sites, checked the goverment documentation by aquiring our own copies. We have vertified with the Chilean Government. We are SERIOUS about our DD and it is accurate and first class.
A word to the wise buy MMTE while you can get it in the .000s
Analysis shows NO REVERSE SPLIT - claims of a RS are Day Trader SCARE TACTICS
dont forget zpike 2 mil 0.15 avg over 19 mon long
Please excuse me if I have offended anyone today or in the past.
That being said I am speaking as an interested shareholder with one question that is bothering me...and that is Juan Pablo. I understand that he is a big time Chilean lawyer with impeccable credentials in the field which MMTE has direct interests and that he owns 1% of CLIL which I believe is owned by MMTE.
Due to my extensive DD this morning (as I have the day free) I come to only find out that Juan Pablo was involved with a deal between Hunter Global and Minera Activa which did not increase shareholder value for Hunter Global in any meaningful way.
I am asking anyone interested or who knows anything about any deals which Juan Pablo was involved in that increased shareholder value.
I think this is a fair question.
REVERSE SPLIT FOR MMTE IS COMING SOON!!
WOW ! ANOTHER fine day of MMTE @ . O O O 5 ! LOL, This amazing company ( MMTE ) with ALL that AMAZING MMTE DD and ALL that AMAZING MMTE NEWS and ALL that AMAZING MMTE connect the dots game ! Is REALLY moving this MMTE company skywards! OR is it that I am the only one who just so happens to NOT see MMTE blasting off ??? STILL looking.........NOPE, still at . O O O 5 !!!! FIZZLE FAZZLE........ WHAT A LACK OF DAZZLE !
Thank you Offspring.. happy to help.. right... looking forward to the days we're up 12 ticks again!
Likewise my friend....
I think you do a fine job diidii and the list goes on dd work I appreciate it all if its not facts I will find out for myself I read all posts... I want to know why peeps keep selling 5s we already know how fast it can run without news soon as wl spills it out peeps will be running to get mmte... Mmte
Nicely done DiiDii
For those who take the time to read and understand what this all amounts to, yes there is truly something to look forward to.
This gives me some new things to research.
Much appreciated Dii Dii.
How many times can they move the goal posts? lol.
Bam , 30 million on the ask, it will never end! endless amounts for sale.
MMTE stuck in the .0004/5 rutt
what happened to the Big Q1 run?
OK, good reminder Cabroncita. I apologize for breaking the rules but some things really get my gander up and this was one of those things. GO MMTE!!!!!
ATTENTION all please keep posts about MMTE and not posters....we all know this I am sure.
No its not DD it's incomplete mis-information.
Rocky, I am a shareholder who insists on honest accountability,
nothing more.
Jeagerboy, people will be clubbing themselves with a claw hammer wishing they had gotten in at these levels. Go MMTE.
Bet I know levelE.....shhhhhh, I think it's MMTE. Don't tell anyone.
yep, easy as pie to understand. We're going places and the potential seems unlimited at this point. Choose wisely everyone.
Oh and have a great weekend! Go MMTE.
DiiDii go IF chat regarding MMTE details
Di, no argument from me-I now know what I own and nothing, especially from you know who, will change my mind. I am 100% convinced we will make a go of this and I intend to have the patience of Job if need be. But don't think I'll have to wait as long as Job did for my blessings. IMO Junebug
Going to add more also next week waiting for settled funds GO MMTE!!!!!
Just added 300,000 @ .0005. A little dab here and there adds up! IMO Junebug
here is the truth about MMTE, the share price is .0004/5
that's all i need to know about this pinky
Here is why I believe in MMTE:
NervesofSteel
DiiDii
kgem
HeyU
Maestro
nemo
Cabroncita
daytona
jack
Rocky
nedski
DrozdDawg
Matt
BASU
solidgold
Raptur
jkm1
Dolphin
Fronk
drews
onestock
jeagerboy
Darth
BaldingFatGuy
neosage
Kid
jfburk
terra
levelE
midnightsal
and on and on and on............. IMO Junebug
often iron/copper
I forgot to add that Minera Activa is a subsidiary of investment bank LarrainVial S.A. which among other services, offers capital raising services for its clients.
Philippi, Yrarrázaval, Pulido & Brunner recently assisted Minera Activa, a subsidiary of Chilean investment bank LarraínVial, in the setting up of a USD10 million fund to acquire mining assets in Chile.
I have no idea what type of mining assets to which the above statement refers.
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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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