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That does make sense. If you look at Jim M's pic on the aftc site, he's a guy who spends most of his time in the shop or on the computer. Not one for the flashy after hours cocktail crowd.
I believe we are in good hands, just dealing with growing pains.
That was my question as well. They were at Pink CI rating. Then a couple months ago it slipped down to 'Limited Information'. That should have been dealt with right then.
Now we go down another notch. And this time just as AFTC is about to announce more news on their SBIR projects. Last PR back on 11/4/10 they released the PR for a signed Phase 2 contract, while they were rated as Caveat Emptor.
Anyone know why they aren't on top of this?
AFTC looking like a winner on the OTC rating:
http://www.otcmarkets.com/stock/AFTC/quote
This would be a brilliant time to release another signed Phase II SBIR contract. Sure to push the pps down another few ticks. Just what us shareholders are looking for. :(
I can dole out more sarcasm if need be.
Should be a PR anytime, maybe next week. This would be another signed SBIR contract, perhaps their second Phase II. JM said it should have been done last week.
It seems like time is standing still when we know these deals are pending, but that's the nature of the business.
AFTC downgraded on Pinks.
They are now listed as Pink Sheets Limited Information.
http://www.otcmarkets.com/stock/AFTC/quote
Are they still working on signing that second Phase 2 contract? Hasn't been any news for eons.
We will bury these worms who are playing games with this stock.
At some point the rubber will hit the road. A hallelujah moment will break through and the worms who are trying to bury this stock will have enough egg on their face to open a Denny's franchise.
We're talkin' Grand Slam Breakfast!!
I came aboard with 7 mil @.0003 last november, and I'm still buying.
These prices are insane!!!
"We're going crazy here at Crazy Eddie's Electronics!!"
Look for the flashing neon light at the corner of 23rd and Bleaker St. See ya there!!!"
How low will she go? AOK with me. I'll add another mil. Whoever the dirt bags are that are holding down the PPS, it will pay off handsomely in the long run.
I suspect someone has an axe to grind against MMTE, and all they are doing is allowing us to load up now, before this hurricane makes landfall.
I think you're right to a point, but I believe there are also other factors holding us back. Right now it's almost 1pm friday, and we're doing the same thing, slidding back down(.0021 now), on the heels of more good PR's.
Someone is making every effort to keep the PPS from popping. It ain't management, but something else.
However, at some point it won't matter. The lid will blow off and MMTE will break free.
I'm thinking these new and other upcoming land acquisitions could move along at a faster pace than the first one, which took over 8 months.
The mechanisims that it takes to complete these deals are now already in place, so Lieb's and company can close these transactions much sooner.
Nice find. I hope the publicity starts to snowball. If we can get this stock up to penny level, it will attract even more attention.
Does anyone know how much of this stock has been shorted, and what the squeeze trigger is?
But as we have learned, the wheels of mmte turn slowly. The upcoming deals could take weeks/months.
All the same, I would like to see the PPS break over .005 soon. Now that any thoughts that this was a bogus company are gone, we should see more people climb aboard, and push the price up. Word should start to spread with each week.
MMTE needs to upgrade to OTCBB full status. Anything less they look like small time hucksters.
I think we will see them move up to the next level. That will bring in the more serious investors.
This week will be a milestone for MMTE. Where it goes after that, who knows.
Looking forward to this week. An upgrade on OTCBB would be nice.
Power hour coming down the road like a beer truck with no brakes.
A good week for MMTE. Smart investors should climb on board. A friday power hour to close it out.
Sub-penny level due to several reasons. Almost 5 billion shares issued, pinkies are suspect stocks, plus a long, long road to get to this point.
Yet the stars are beginning to line up in our favor. The coming months should be exciting.
If we get upgraded to OTCBB level, won't that give the PPS a boost and bring in more buyers? I would like to see mmte holding steady at .01 sometime in June, and poised to breakout with more PR's.
You mean, it will be beyond our expectations...?
One brick at a time, and we are building Rome one day at a time.
Yes, and to put to rest the Penson issue, Scottrade only uses Penson for Options.
They are self clearing on standard market trading.
Should be upgrading to full OTCBB soon. This thing is moving.
The rules are that either company would have to make a public disclosure within 4 days of the deal. They can't sit on it any longer than that.
(according to OTC Newswire PR's- Current Reporting Obligations)
I'll be dancing if it breaks .10. That gets me a 5 acre homestead in the Virginia mountains.
Good call. Like they're gonna pump this thing with 5 billion shares on the market.
So when do we get the Pump?
It's going down like the Hindenburg, and then rising like a Phoenix.
"Oh the humanity!"
To move up to another level after this phase, share restructuring is required.
Very easy to do, and something we may be seeing if things progress in our favor.
Penson trading concerns: Scottraders need not worry. Only Option trading goes through Penson. Standard online trading goes through their in house clearing.
Regarding the Penson issue: Are the stocks like mmte that got singled out due to the flippers who bounce them up and down all day long?
This thing goes up & down a dozen times in a day. It's crazy.
Hold on, brothers. This rascal will blow soon.
Well as a grizzled old time MMTE soldier who bought in @.0003, I say hold on to your hats.
The pros of this company have more potential than the negatives.
Lithium is a hot item. So lets roll them bones and smack the grim reaper right in the kisser!
Yes, with a few good PR's I'm thinking .05 to .10, if all the planets line up. There's just way too much stock issued. Some folks have 20 to 80 million shares. If they start dumping off @.01, it will be tough to get it much higher. Of course I would like to see it go over .20.
Not yet. But there are several documents being made public.
I will sit back and wait for more news.
Correct, jm. MMTE is a development stage company at this point.
There is lot's of potential and room for growth, if they can close the deals they are working on. After that, the company may go through a share structure change and tighten things up.
I came aboard back in November @.0003. Made a single multi-million share buy and have since been holding(and praying). So I can afford to wait and see.
And a big time bagger dumped off a load at about 10:00 am. Not surprising.
We'll have to ride this out, and there may be more dump offs. Many of these 50 to 100 million share players bought in at under .0005, so why not make a few quick bucks?
If the land deals come through, basement level will be mother lode level. Hang on and it may pay off.