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Also,what about the value of the potassium. This could put it a billion on the high side. imo
precisely. WE ARE UNDERVALUED BY MY WATCH AND OPINION.
That's beautiful Dolphin. You're calculations also assume worst case scenario of fully diluted at 15B, which still looks pretty.
BIG DEAL in the Lithium World:
http://www.reuters.com/article/2012/03/30/us-lithiumone-galaxy-idUSBRE82T0P820120330
Our Story, IMO:
with 24k MMTE acres
at a low of $10k per
that's $240,000,000
at a high of $30k per
that's $720,000,000
divided by 15,000,000,000
range: 0.016 - 0.048
I dont get it 42mil on bid 5mil on ask how much are really going to make with the diffrence put a ask and be done with it.. i did lets go we are almost there why wait for 4s.... mmte
Agree 100% rocky
Watch VERT disapear just before the PR. That will be fun. Along with DT shorties.
Hummmmm I smell a PR being worked on. Wonder what it could be?
Yes Nerves, birds of a feather .... and seems to being going around like a summer cold. LOL
Rustler...I disagree as usual. I tend to think that an announcement could come any day like it did TODAY with Mr. Colson's company. $120M Canadian DEAL DONE!!!
Still sounds like MMTE has a ways to go before the PPS might make any significant upward movements, IMHO. :(
Sometime this week comming IMOO. Just hoping and have a "GUT FEELING"...LOL
The whole ball of Wax, everything we need done, that WL stated this company is doing this firm does "THINK ABOUT IT"...HUMMMMMMM GO MMTE..
never said they weren't! goooo mmte
all ask slaps today boss
Yea there we go almost there looks good.. Mmte
0.0004 x41,148,700 0.0005 x2,162,600
buffalo, yes, i said that a few min after the PR came out while others said it wasnt the news they were waiting for. they can buy later then. GLTU
MMTE!
same story here! 20m and a better average
The world might also end this year as some are predicting. I don't think it will though.
It's ok, you might see . O O O 4 sooner than you think, If W.L. doesn't get MMTE moving VERY SOON.
IF W.L. keeps holding off on helping MMTE move up pretty darn soon, MMTE might keep dropping until it is at . O O O1 or to NO BID !
I will hate to see these 5s leave i was trying to load up more.
Yea the reason why is chille better hurry up in changing the laws or they will loose out and if they dont want to it will be quick.. imo william is just waiting for the right time with uplisting the laws that are changing it should be sooner than later thats why iam not waiting around to avarage... imo mmte
I don't expect it to take that long imo.
June would be fine as this will allow me to continue to buy. MMTE!!!
Silence here today. I guess everyone
is in "wait and see" mode. Same here.
I estimate audit completion by June 1st.
Any other opinions?
Yes, once again William has picked a top-tier company to work with Mammoth Energy...not some fly-by-night shady operation. And btw, yes I agree the international Mergers and Acquisitions expertise is not by accident. GO MMTE!
Patience here everyone.
thanks bud ,,,,,but frank allready helped me sighn in way back end feb witch not sure if my free membership expired now or what and although m way over my head in pinky land i would still like be a fly on the wall there.....goooooooo will/mmte
Mayhem, check out investorsforum.com and sign up for William's upcoming chat session. I believe it will be his third installment since December 2011. Have a great day!
morning dawg n mmters.....not that i agree with all oils post but i think its a good idea (at least dii dii kept the lines of comunication open bless her heart,,,,why was that abruply ended????????) we are going on 3 months or more sence the up and comming I.f meeting announcement and havent even seen a date posted yet...imo i for 1 would rather be informed anything strait from will then 2nd had parties if answers arent vauge but least its somthing,,,how much time is spent to certian privy shareholders (no offence anyone ) i feel 15 minutes to post simple update as a whole would settle endless speculation ...just a concerned share holder that feels in the dark here..and although im not into double digit shares what might be considered pocket change to some means alote to me ...have averaged down once by a new broker (non amerijunk) but still bleeding red and cant afford to continualy average down and so far this has left a mammoth bloodtrail hoping this thing heals itself other wise call in the maggots.......oh ya huh goooooooo mmte
Right. If we just wanted an audit,
we could have hired any CPA. This firm
specializes in mergers and aquisitions.
They do business in over 50 countries
in the world. Not just here for
a simple audit. Complex transactions.
Could also explain why it could take
more than a few days like many here
are claiming. If it is something really
great, it will be worth the wait!! IMHO
They do seem to specialize in some interesting things, don't they?
See bullet point #5 on list below. Interesting.
Info on auditing firm MMTE hired.
RBSM LLP is a certified public accounting firm with operating offices in New York, NY, Washington, DC, Mumbai, and India. The firm provides professional accounting, auditing and tax services to a number of publicly held businesses as well as privately held companies. As accountants and financial consultants, we provide a unique blend of technical expertise while providing practical business advice or assurance services.
Our clients appreciate our unique ability to draw upon the depth of our organization to provide the best solutions possible, whether that means obtaining information locally or even globally through our affiliation with Russell Bedford International. As a member of Russell Bedford International, an affiliation of accounting firms in over 50 countries in Europe, the Americas, Middle East, Africa, Indian Sub-Continent and Asia-Pacific, we are able to serve your needs both domestically and internationally.
RBSM LLP has always had a strong commitment to quality and service. We regularly undergo peer review examinations to insure that our internal accounting and auditing procedures meet the highest quality standards of our profession set forth by The Public Company Accounting Oversight Board (PCOAB) and the American Institute of Certified Public Accountants (AICPA).
The firm provides clients with accounting, audit and tax services. Our services primarily include:
Financial Statements Audits
Review of Form 10K and Form 10Q Filings
Financial Compliance with 1933 Act Filings
Foreign Registrants
Merger and Acquisition Transaction Structuring & Tax Advisory Services
Corporate and Individual Tax Preparation Services.
Because people are impatient and don't want to wait for a legitimate company. They would rather pull their money and place it where they can get popcorn profits.
yes Mike, this can happen.
do you have L2?
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!!!
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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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