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I have been trying to find out all I can, and since I can't get two of the same responces I don't post what Penson or the DTCC is telling me. I am not trying to mislead I was just stating what I can IMO if MMTE gets things cleared up it will be over. I wish all the best to MMTE and Holders maybe some day down the road we all will learn from this. Have a great weekend
No your not getting it. Its a MMTE problem very easy to fix as long as MMTE has done everything right, I have faith in this CO. just not understanding why they WL don't want to confront this. We as shareholders may only find out when its to late. AIMO
Yes thats true Penson was the first to pick up the DTCC ineligablity sorry for spelling, From what I get from other investers is penson was just one that is imposing the fees first. If the Co. MMTE resolve the problem with the DTCC and not put it off to long it will go back to normal trading with Penson. If they put it off thinking no one else will catch it then it can get bad at more clearing houses.
Sorry I don't don't wish my problems on anyone, just upset.
Thats exactly what I have been saying, I can't understand why some posters and MMTE think its not there problem. It has all to do with MMTE if they don't choose to take care of it , its there choice and our loss.
All good Info Hope MMTE reads it also.
IMO I really hope your right, but I think only time will tell and that could kill our Gains. People need to talk to there brokers so they can make there own choise.
Also keep in mind IMO MMTE does not make any money except from the shareholders to pay Salaries and expences not to mention the Finance Co. owns any land. So for MMTE to say its not there problem, well it is. because if people are affarid to buy shares do to the fact the company won't act on this the share price won't move AIMO.
Thats the thing that worrys me about this Brian. Almost every company I have read about put on the DTCC list were only taken off by the Companys actions themselves for him to say its a Penson problem IMO is only hiding something that MMTE does not want to get into. Also most Investors know this.
I really hope thing work ot for you with the change in brokers, I am long with MMTE even with Zecco after what I have learned from Penson they are just the first to start the crack down, Hopefully MMTE will take care of what needs to be done so others won't have to deal with this. especialy after going through changing brokers to avoid the high commissions.
I would like to have MMTE not DTC Ineligable, with penson so I could buy more, was going to pull out of Zecco but there are issues with MMTE and not my other stocks with other brokers so I will wait till MMTE hits .10 so the commission won't matter.
Its really hard to point the finger when you get so many dif ansewrs. I have talked with Investers that have had the same thing happen and wants the Co. gets envolved and takes care of what needs to be done it could be DTCC Eligable in days. They have said just watch the PPS on good news it just won"t get good movment. IMO people need to know all is well in trading MMTE.
Whats sad is what I get from Penson is this would be an easy fix to become DTCC eligeable but MMTE has to take care of the paper work. IMO Pension has told MMTE what needs to be done and Zecco wants trading to resume they wont make the Commision money that they could. Alot think this is just a Zecco Pension Problem but it will effect the share price until it is resolved. Large investors watch this kind of thing. IMO all brokers can do just what Zecco and Pension are doing just to stay out of trouble.
Would love to here that MMTE is DTCC eligable now. IMO that would help to move this up. I think alot of buys would come in if trading MMTE was not slapped with these high Commisions from Penson.
sent e-mail to Zecco today, kbender1Tuesday May 17 | 11:29am.
Is MMTE Trading at normal Commision Rates now?
Zecco Trading Customer ServiceTuesday May 17 | 11:56am.Dear kbender1
Thank you for contacting Zecco Trading.
Since Mammoth Energy Group Inc New (MMTE: OTC) is a penny stock under $1.00 per share, the commission fee is $6.95; instead of $4.95. We appreciate your inquiry.
We hope that this information has been helpful. Please feel free to reply to this message if you have additional concerns.
Sincerely,
Long (Tim) Ha
Financial Service Representative
Zecco Trading, Inc.
P.O. Box 60670
Pasadena, CA 91116 USA
ph 877.700.STOCK (877.700.7862) | fax 626.529.7077
Thank you!
Can one of the MODS put the sticky back up for the Zecco Penson DTCC disscusions.
I can't get any answers from Zecco, Penson or DTCC seems strange that ever since all this started MMTE PPS has been dropping.
Is MMTE still untradable by Zecco?
BRADSMITH319 did you ever here anything from penson?
You know thats the thing if it were there Broker they may sing a different tune.
I think this talk should be on the MMTE board this might be a really good thing, or really bad but I believe it will efect everyone holding shares. IMO
I was told about the same thing, that this is due to MMTE but I can't find out what only that MMTE has to fix it to be DTCC compliant again.
What I find maddning is we can not find out why this has happened without a runaround.
I am sure you don't like the talk about Zecco and the DTCC here but this does involve MMTE and MMTE sharholders.
Just stinks could sell and make a little $ but not now with the high Comish. I still think this will hurt MMTE till it is figured out.
I am not sure that if I transfer that we won't have the same problem with the next broker!
Any new info on the Zecco DTCC thing.
From what I understand is that more thanjust Zecco customers are going to have problems. in the coming days, watch out before you start changing Brokers you may end up with the same problem buying and selling. IMO
IMO I think until the issue with the DTCC is fixed MMTE won't move. to many nerves people.
Could e-trade do what zecco is doing?
Thouhgts on the DTCC thing might have stopped people from buying?
What is the DTCC LIst?
Everyone have a great weekend GO BRAV!!!!!!!!!! Monday will be a new day.
Its really not as important the time, as the numbers!
Not sure does it cost money to use a Accounting firm or if you can do the books in house and save money would't that be the better bet even though the timeing does not meet your standards?
IMO the financial could be out of this world and some will still not be happy. Thats the nature of some games that are played here. we will see them when they are done period
I do know in life more times than not people will not do or say what you want. IMO when you work hard on something and people question your every move you tend to get very defensive. When DA and BRAV make us alot of money and we are skippikg to the bank this day will be forgotten!
My thinking is DA did not want to spend money PRing something that did not happen. If it was going to happen for sure IMO we would of had a follow up since we did not I pretty much figured it was not going to happen. No biggy I am more intrested in new developments like the Wholesale Deal!! or more Stores