Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is the document im talking about.
http://www.sec.gov/litigation/admin/2011/34-64936.pdf
To me how can they win, if this guy on July 20th 2011 just got banned, how could he possibly get 400M shares. Aka thank you for your donation.
The biggest question I have on all of this is on "exhibit C" which shows the 20k transfer to william from Thomas Pierson, well Thomas Pierson is not supposed to be dealing with pinks at all, so how is this not already thrown out? Didnt tinymidas or whomever just post something dating on July 17th showing that guy get all his ability to practice law stripped from him and ban him from doing any investing in pinks?
Yeah but thats also on a document that wasnt even signed. That like me writing up a contract to a client sending it to them with my signature and then just start charging their credit card without getting their ok. Obviously I wouldnt win in that situation. Who the heck knows what is going to happen here but I like our chances of winning this opposed to losing it. The pros and cons favor MMTE to me. Granted people get away with killing babies so what do i know.
Yeah they would have to show a bit more proof then a few documents via email. The funny thing is, would you send 40k to someone without some sort of collateral. I mean come on people. Maybe WL knew they would have no grounds to stand on since they arent supposed to be involved in penny stocks in the first place so he knew he was good. I hope thats not his thinking but dont quite know why it got to this point. In reality if the lawsuit is real and correct, I dont know why they didnt just issue the shares to them. I mean we wouldnt be a company if this suit is real, they made it happen. Granted that is if all of what the lawsuit is saying is true. IMO of course.
In my experience if you dont have a signed document you aint got nothing. Emails are just barely being considered relevant material in the court of law. I do graphic work all day long, you know how easy it is to replicate an email. A signature and a legitimate signature only would have any weight.
And I would think you guys should no better, everyone is innocent until proven guilty. Didnt you watch Casey Anthony?
Why not do the right thing and SLAP THE ASK and keep it moving in the right direction.
Ehh the dumping really isnt that bad. Weve def seen worst a couple months ago. I expected it to drop like a rock with the lawsuit, not saying they are going to lose, but having a penny stock be a lawsuit really scares people off, its already a risk when its a pink so having that is not so good. For us to be at 11 right now isnt that bad. Of course my average is more like 25 but what the hell its gambling right.
I guess finally having volume is nice. Although its not the greatest direction, I like seeing signs of life here. Buying here def help average down.
Yeah I little weird, I thought they were our financial backing....
My question is, where is the so called company from Canada "Great White" or whatever it was called. Were they the ones who put up the 1M? And it didnt say anything in the lawsuit about them as shareholders etc. Dont know where that company went.
For the most part I bet WL is not saying much about the lawsuit because he doesnt want anything to be held against him when it comes down to sit infront of a judge (if it gets to that point). The fact that the prosecution has released the documents could be damaging to their case. Everything can be used against you in a lawsuit, even facebook comments, etc.
I dont think it will drop below 12, there are too many longs holding here. I think with the amount of shares the longs hold we should be ok at this point as long as everyone stays true to saying they are longs.
I guess thats good and all but that still doesnt clear us of M&A and Dominic Martinez. Kinda weird how Pierson was involved in that from what tiny put when I didnt see him in the lawsuit.
Is that saying that guy just got stripped of his ability to practice law?
That is how I found out about MMTE. I was looking to invest in tesla and saw something with mammoth in it. It was about 7 or 8 months ago, which is when i got in my first purchases.
I 100% could make that site in 1 day. Its 6 pages with a simple stock ticker and news feed. And yeah of course if you got paid 7k you wouldnt return the site in a day, because they will question where the money and time went.
I mean you could set up a simple wordpress site and make it filter directly to the facebook, twitter and linkedin sites. That way you are taking care of your entire social networking and online presence in one place. Like I said Billy, im here if you need me.
Yeah I agree, less than a day. Its just annoying to see other companies using full advantage of their website and social networking sites and it seems like multiple of us share holders seem to be involved in the web world, yet we wait constantly on updates to the website that would take minutes to do. I mean updating photos on the site, they mentioned that months ago and its still got nothing new on it. It just helps with IR.
Yeah I charge over 7k for some sites but this would not be one of them. I dont even know if the sign up with your email function even works. I have never even got an email from the company before. You would think it would be smart to have it so when they release a new PR it would send to the people who have signed up, instead of us searching marketwire, yahoo, ST, etc. Crap as an investor with tens of thousands of dollars in it, I would do it cheap if not free. Email campaigns are the future and he needs to publicize the events of the company much better than they are currently doing.
Yeah it was in his emails about where the 40k went. 7k for that site is a ripoff, it doesn't even do anything.
I must say, im stoked on how the PPS has not changed with this lawsuit. Keep on holding peeps. I think it def shows the potential this company has. I loved digging through and seeing the emails they wrote back and forth. Really shows this is destined for bigger things. I dont quite get how Billy has these connections down in South America and how he can just swoop in and sign these deals, when technically he a brand new company. Dont really care how he did it, but its impressive and im happy to own it.
Yeah ive got 5k to buy some, but dont know where the support is anymore. I didnt think we would get below 14, my average is getting killed. Dont know what to think anymore. To me everything still seems like its a perfect scenario but the PPS doesnt reflect it at all. I wonder if the 10k is going to explain all of this or not. If I knew it would explain the purchase of the land and for what price and then the concentration levels then I would buy immediately but the way things are going I dont know if I want to bury myself deeper.
Remember this post, and you thought i was crazy.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64728624
I knew that guy was messing with things. I know I wouldnt be happy if I was in his shoes.
100% it was written before. Its not like they wake up one morning and are like, yeah today is good day for a PR. These are probably written weeks out.
Yeah I know they are getting hit hard, but thats why im saying its holding up. Millions sold and it didnt move. That has not been the case of the past month. 1 million was moving this up and down before.
16's sure seem to be holding up.
At least thats the idea ive come up with lately on why the PPS is where it is. People who have already invested now, mainly just have balls. The more cautious investors have not pulled the trigger because they like knowing the full details, but obviously we all had balls way before this, because we bought when it didnt even have land. Give us the details and we fly. The PPS will reflect on the costs of the land. Its only a matter of time. And time I have.
Obviously its going to show losses but thats not what were interested in. We need to find out 2 main things.
1. How much money did we purchase the rights for?
2. And what are the lithium and pot concentration levels.
Technically at this point, we could have bought 15k acres for 600 million (which obviously is an exaggeration and not correct) and we could have bought them for 1 million (which obviously is an exaggeration and not correct). And without knowing the concentration levels, we could have just bought dirt.
But the biggest thing is here, think about if you were the CEO. Would you go and buy this land without knowing what your buying? NO! They already know what the land is worth and what the concentration levels are. They have already done their DD. They wouldnt buy dirt. They basically already know what their profit margins roughly are. And for what WL just did with buying Compania for 1 million makes it pretty obvious that the land is worth alot of money.
After cautious investors find out these numbers its on. So yea, they are going to show a loss because they havent sold or mined anything but that doesnt matter at all right now.
Yeah most electric cars dont have power but your forgetting about the big player in the electric car industry. TESLA. Both their roadster and model S will compare with the big boys. Once they take off all the others will be shortly following suit. But 0-60 in 5.6 seconds and a battery that last 300 miles sounds like a front runner in electric cars to me. The leaf and volt just dont compare at all right now. Mercedes and BMW are both working on electric cars. And Tesla has already teamed up with the worlds largest car manufacturer, Toyota. Its only a matter of time.
Can someone humor me and just shoot a quick comparision to some of the other lithium companies. Like how many acres do they own? Sorry all my DD has been on MMTE.
And check my last post, I knew it would go up today. Whenever you see it trade like it did yesterday, its obvious MMs are in acquire mode right before it goes up.
Wanna bet on MMTE going up tomorrow? I think its pretty obvious this &$%#* wanted to accumulate today and tomorrow they will let it go just so they can sell them at .002. Its like the same ol' cycle we have been in. They basically can just do whatever they want. All of these look like sells but they arent, its just buys on the bid.
Im not complaining about the PRs. They are all they can be at this point. The only thing missing from the PRs are the explanations of how the land was purchased. I dont attack Brian or Will mainly because I have never spoke to either of them. The timing of the PRs are a bit odd, but at least we are getting something. Although all the PRs have been doing is driving the price lower. Maybe if we go back to not getting PRs it will rise.
Ok so WL or Brian you have 2 web developers as shareholders, so dont hesitate to get one of us to upload simple photos. I thought there were going to get rid of that pathetic website. Even a horrible wordpress site would be better than this thing. And then they could connect it to things like their facebook page and syndicate it with feedburner and other feeds. Aka getting the word out much easier and streamlined. Some of my most basic clients do that, let alone a publicly traded company.
Yeah im long and strong with my 4.5 milli but its of course aggravating with the current price. Im not betting with my mortgage payments here, but would have expected something a bit different here. With the way this thing has been trading, maybe the best bet would be to uplist. I do strongly believe that eventually this will get close to 1 cent and I will be there to reap the benefits, I just think it could be years before that happens. I have no problem waiting, im still young.
Yeah I love the progress but its not being rewarded at all. Im of course not selling anything till atleast I get my money back, but the current PPS is mind boggling.
I mean its not hard to write a good PR. Its also not hard to get that PR heard, especially when you are publicly traded company. There are plenty of re-syndicating feeds that can get these PRs to the masses. Right now their website only taps into yahoo finance. What about all the others. They keep saying they are getting a new website, I mean how long does it take? That is my exact profession and I know it doesnt take 3 months to produce a website. Especially a website like they are needing.
Im just saying, that MMTE must have some enemies. Its been a steady decline for the past couple months. And we were flirting with .004 with absolutely zero land. Basically it was all pipe dreams at that point. Now we hold over 13k acres and its at the lowest its been for awhile now. I know we arent mining yet or have a buyer and that Chile has the export restrictions but this PPS makes absolutely no sense. No land = .003-.004 Land = .0015. Go figure......
Wouldnt you be a little pissed off if you were him?
I wonder if ol' overcash has something to do with the crappy PPS. I really dont get this at all. And I dont understand why people would dump millions of shares at this price, when just a couple days ago they were atleast 17 and 18. Im starting to lose faith in this. Ive been in for months now and have millions of shares but im tired of seeing this trend. Ive bought in as high as .003 so im down thousands that for sure. I love all the land we have but dont get how we still are dropping and the volume is no where near whats its been after land PRs. And I dont quite understand the idea behind when hes dropping these PRs. I mean days before 4th of July? Really? And the last one was right before a holiday too.
It is only on OTC Markets. I havent seen this anywhere else. I posted it on the yahoo boards to help inform as well.