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Oh, I better clear this up. I didn't mean it was going on here. Just in general I don't trust what management says about shares and diluting. Sorry! I haven't really followed this stock that close. I have a few shares and just check in once in a while.
This is day traders making a few bucks every day, maybe occasionally someone closing a position but i don't see wholesale dumping, for the past few days there has been a 45+ million bid at .0004 if it was dumping those orders would have been filled, all this BS about massive dump, dilution,etc just don't hold water. I may be wrong but so far there is no proof anything other than a little manipulation and profit taking has taken place.
"When management says there is no selling, that means there is no dilution."
I sure wish that statement were true but it's not. Have seen it too many times where the company swears up and down it's not diluting and Bam here comes the filing!! Wow where did all those shares come from? Sad thing to say but I never trust management.
ofspring, keep picking away as you can. My first shares were over a year ago at .0034. Since then I've averaged down 20 more times over the course of 1 year, 6 days and now my average is just under .0007.
Why are we losing so much value? I need this stock to hit $5.00
Didnt we have a variation of that last year with Q&A sessions facilitated by diidii and WL. Think he put the kaybosh on it after all the bashing started
Next time you talk to W.L., see if he would start a CEO BLOG on the MMTE site itself. The last PR guy deleted me from the FB MMTE page and blocked me from getting on there to ask questions. My Gold/Silver Mining Co. has that and it gets some great questions from shareholders and answers by the CEO. Just a thought.
Nerves, thanks for sharing that info! *S*
That is great audited financials will be posted in an off market site, but may be late. No worries, will be worth the wait! Thanks!
The audited financial should most definitely be post for us on the off markets site. As far as when, it all depends on how busy the auditor is during this tax season. I would not be totally surprised if they are a little late.
Wonderful update, thank you so much! I too appreciate that the audited financials are key. When do you think they will be done auditing them and will they be made public for us to see? It is also interesting whether the concessions are valued by what they paid for them or what they are worth in lithium, as you said. Thanks too, for recommending theinvestorforum. Net--- I will check it out! GREAT POST, THANK YOU!!
GREAT UPDATE NERVES GOING TO BE BUYING MORE NEXT WEEK!!!
Thanks for the update Nerves......GO MMTE!!!
Thanks Nerves for sharing. Huge imo!!!
WL has said that his plan that he expected to come together last spring is now well underway. With the ls and the acquisition of more than expected land (originally was just 8k in acres I think in first loi), the plan has taken longer to put together than first thought. My personal thought as an accountant is that these audited financials are key for what happens next. We should see the real value of the concessions, either what was paid or what the market value is. It could be either one, but I expect to see cost basis since we have not seen the 43-101 test results.
Remember audited financial are key for both an up list AND a merger or acquisition. Any other legitimate company is going to want to see what the original company has in the way of assets and liabilities verified by a third, independent company before any agreement.
You might wish to check out theinvestorforum.net for more information on mmte and an upcoming CEO chat session.
NervesOfSteel--- it us great you've talked so much to WL, and so recently too! Can you please share with me as a PM or public message, even some if what he said, please? I am a loyal holding MMTE supporter!
I hear ya brother. I am just
hanging on with my measly million.
I used to think a million was
a lot, until I got involved in
this pink mess! Hang in there man,
better times coming. I hope. (o:
"I've been rich and I've been poor
... rich is better!!"
If there's one thing thay reaffirms my thoughts on MMTE, it's the number of people *talking*, for better or worse, and the number of people smarter than I investing more in a week than I could in a year. Let the gurus with $1000, three million, ten million shares invested rant and rave. I feel comfortable knowing the few people who contribute forward and verifiable DD, here and elsewhere l, continue to buy in... trying times.
I put more money in my account today for another 20-30m first of the week if it stays here.
Funny how 25 million shares or so have switched hands in the last 2 days...are MMs up to their normal manipulations??? Too bad I don't have extra $$$ to buy...my other play is days away from a ballistic move, I hope...so if that works out I will have extra $$$ to support the MMTE cause...
Well, then damn it, tell WL to fix this mess and bring MMTE up into the double zeros at least ASAP!
No worries here. I just know what I can ask and what he will answer. Unlike some who are afraid to call!
WL is, for all pratical purposes, MMTE.
LOL!! Wasn't MMTE image I was referring to!
LOL... the PPS takes care of MMTE's image just fine!!!
there you go, good for you! longs need to trust their gut, as do those who look negatively on MMTE. that's the way the market works!
go MMTE
Not quite. I've talked to him twice this week and probably 5-7 times last week. Try again to discredit him. It only helps the image.
in both directions, GLTU
We haven't heard ANYTHING very real from WL for long, long, long time. He's likely in the Caymans enjoying the money we gave him by investing in MMTE!!!
It's the start of the new dive into the .0004s... that's bad enough for me.
Looks like that other lithium company is being pumped again. It would be nice if MMTE would see some action due to the other being pumped.
One more hit for me and my average will be in the triples .. lots of green for me in 2012 yea.. first buy in the high 20s its been a long haul but it pay off in the end to much land and not enogh value but it will come imo... mmte
Easy 10 bagger from here with any REAL good stuff from WL. Strong hold.
All the manipulation and negativity wont matter soon... i am going to try and load another mil or two before the pps rises
Yea i have always thought the investors have been gone or at least most i agree with nos... alot of bs has been posted with negitive crap but are time is coming i dont have a l2 to see all whats going on but theres been alot of manipulation... i will just take advantage of that to get my avarage down... mmte
considering the volume/duration in March and taking into account VERT's Jan/Feb actions we are easily talking about 2 times 200M shares injected (at least in the beginning of the year and currently: still counting).
these are not minor events.
MMTE is manipulated (agree) to the downside but since last year's high and there's still that PR thread.
I remember Brian accused somebody for short selling (from Canada) but I also assume that Brian didn't know many things going with the company.
This uplist audit should move quickly that should help us move north... plus i agree with nerves wl knows what mmte is worth thats why he is not worried about the pps.
Unfortunately, I don't think it does explain the selling. I think they were likely gone last summer or fall. Not sure what is going on now except for vert manipulating or possibly shorting from Canada or another country that allows such. Either way manipulation. Imo
that explains the selling, but management says there's none.
You missed one consideration. What if the investors already got their profit? What if they got shares a long time ago when the plan was first conceived? The investors would have most likely gotten a discount on the pps at the time. If so, I suspect they are long long gone with their profit.
I feel fairly confident that the concessions are paid for in full and there is no contingent liability owed for them except for the remaining 25% mmte doesn't own. Yet anyway.
you make a good point.
don't know who spreads the rumor that the CEO doesn't care about the PPS.
all I remember is that in Sept (around the time of the lawsuit coming into play)
Liebs would have said that he was devastated of the PPS level and
that later on he said that the PPS was just there because of adverse market
influence (that was around Nov). quite a flick of a switch, imo.
to me it's plain obvious that he does care;
he doesn't want it to go up.
that's the fish to me and connecting all the dots, it's a rotten one. (at least to us).
about one year without a PR showing the obvious intention to boost or support the PPS is
not caring about the shareholders. (last one contained once more a 'minor mistake' from Liebs.
nobody can say that there's no pattern!!!)
however, the reality is even much worse than that but I won't repeat it again, lol!
note that according to management the company is not diluting to finance the acquisitions.
that means that the investors will want hard cash + profit for their input when it bears fruit.
management will take their piece of the pie. Chili wants 50 pct + other taxes.
+ selling will include that the buyer will also want a profit margin above the production costs.
what's left will be shareholder value divided by at least some 7B shares.
the concessions are 75pct (not 100)
curious what PPS we would get.
A lot of BB stocks started out at the pinks. Same philosophy when you find one that has actual value. Buffet nailed it.
You should say mass amounts thats what he says all the time... that 1.7 is about what i need to reach my goal... mmte
Thanks it would be nice to get my goal of 10mil i guess i ll see if i can... mmte
A substantial hoard of 1.7 million that's 680 bucks whoa it's a dump a thon
Very nice... I have 10.5 @ 001 if I can snare some more at these levels I will... I reached my share goal in feb.... Any cheapies now .... Just a bonus
I AGREE WHOLEHEARTEDLY ! ....... :)
Nerves, great post! *S*
People on this board need to listen to reason these days.
The reason the CEO has stated that he does not care about the pps is simple. He controls the company! Not only by management but also by ownership. Why would he care if the pps is at .0004 or .004 or .04? If he knows what the REAL value of the company is, which I suspect he does, then it doesn't matter.
Let me tell you why. Since he controls ownership of MMTE and lets assume he knows the value is $300M (for argument sake), why would he care if the pps is at .0003 if he knows he can get or has a deal already for .10?
IT DOESN'T MATTER WHAT THE PPS IS TODAY AS LONG AS THE ASSETS ARE THERE (WE NOW HAVE PROOF THEY ARE) AND IF HE HAS A DEAL IN THE WAITING (WHICH HE VERY MAY)!!!!
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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