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I agree - I have pretty in depth knowledge of the area and I also know quite a bit about coal. I know the companies involved - they are not small! The holders of mineral rights are not small! There is only one exception - if the mineral rights were passed down generations it is possible that a small time person would hold mineral rights in these areas. However, most of these generational mineral rights have been sold to the large corporations (or LLCs associated with LARGE corporations).
The coal industry is not small and although there are people arguing with me on the GLER board I have provided them a significant amount of knowledge regarding the area. I may not have connected all the dots but the general scope is there.
I just don't want to see anyone holding on this - the pps is in a downward trend...although several should have made money on this last run.
It is interesting you said they haven't extended the deal - on the GLER board there was mention of a filing - wonder if the filing is an extension? Putting two and two together I would assume that is exactly what it is.
Yes there are other money making mines in that area - that is not even an argument. That is what this area is also known for. I believe I have previously stated that as well.
I hope it does go higher for everyone involved. I do not short, don't believe in it! I am doing nothing more than providing my experience and knowledge of the mining industry - I did years of engineering research in Eastern KY.
There is nothing stated in my postings that are false claims. I hope it is all legit but I wanted to provide what I personally know about the area and about the mining industry. Large coal corporations are not friendly to small startups.
The PR did exactly what they wanted it to do though. People focus on the coal deal and lose sight of the remainder.
I know a fair amount about coal and mineral rights. I am from the general area and have been very close to the area where the property is located (just east of Hazard, KY). I know the area is not outsider friendly. I also know that large coal corporations are not in the field of being friendly to any start up company taking their business.
OK - Eastern Kentucky is an area that is hard to describe, in a lot of cases it is an area that is disconnected from what most think of in terms of society. The people there are very connected and do not take well to outsiders. A large majority of these people work in mines, are truck drivers, don't work, make moonshine, or grow pot. This is only to give you an idea of the area - not necessarily stock specific.
Now the coal companies (or wealthy families) control the mineral rights which essentially means they control the land. Without going to KY and researching the specific piece of property I cannot tell you who currently owns the mineral rights...but I can tell you from doing a lot of related research in Eastern Kentucky that most of the mineral rights are held by large corporations. You are correct I cannot say ALL but most.
If you look at the PR they received a contract to provide coal and it is a very nice contract to provide coal. The rest is pending resolution.
I believe you misunderstood what I posted - what I'm saying is Eastern Kentucky is notorious for growing pot. It is widely known in the area.
In terms of coal mining - the mineral rights are maintained by large coal companies and very wealthy families. In order to obtain these rights you would have to lease (or in rare cases buy) these rights from a substantial company or family. I am only speaking of what I have personal knowledge of in the KY/WV/PA areas. These mineral rights are not owned by small LLCs operating out of someones house.
Also - I'm not saying these companies are involved in illegal drugs but I'm saying that the people that live in these areas are well known for their production of pot.
The purpose of this is to provide more knowledge to the basis of the PRs that have been released. So far I have not seen reference to a substantial mining company known in the area.
I would prefer the business address to consist of something more than 3 shell companies in one 2500SF residence.
I have personal knowledge of the area in Kentucky and have personal knowledge of the coal mining industry. The basic concept that a single individual could obtain the financing necessary to purchase a legitimate mine (or substantial mineral rights generally held by large coal companies or VERY WELL off families) is difficult to believe.
Not to mention that in the eastern part of Kentucky a certain illegal crop is maintained and I personally know people that own land that have to obtain permission to visit their property. There is a portion of Kentucky outside people just do not go.
GLER in my opinion has something fishy going on. In all of 5 minutes I found the following information about Modern Coal, LLC - now assuming they are putting up millions of dollars to purchase property where is the source? If Modern Coal is involved they are certain to be a large company correct? NOPE!
So who is Modern Coal LLC? Here is a starting point:
http://www.corporationwiki.com/Texas/Midland/brad-lamar/38110732.aspx
http://www.corporationwiki.com/Texas/Midland/modern-coal-llc/38205800.aspx
http://www.consumeradvisorycouncil.org/directory/mining-and-metal-fabrication/tx/midland/modern-coal-llc
What is the business listed address of Modern Coal, LLC? How about a 3BR, 2500SF home?
http://www.realtor.com/property-detail/5411-Ridgemont-Ct_Midland_TX_79707_4ede9d04?source=web
So who is Modern Coal LLC? Here is a starting point:
http://www.corporationwiki.com/Texas/Midland/brad-lamar/38110732.aspx
http://www.corporationwiki.com/Texas/Midland/modern-coal-llc/38205800.aspx
http://www.consumeradvisorycouncil.org/directory/mining-and-metal-fabrication/tx/midland/modern-coal-llc
What is the business listed address of Modern Coal, LLC? How about a 3BR, 2500SF home?
http://www.realtor.com/property-detail/5411-Ridgemont-Ct_Midland_TX_79707_4ede9d04?source=web
You are correct and that is something that gets lost along the way - it is MMTE->Iron Clad->Brian - I am thinking of someone else though.
Didn't we have another firm around up to around March?
I don't believe we can move forward with an IR person that is not completely professional and is not suited for the position. I'm exhausted right now and cannot really think but I do recall we had a professional firm handling MMTE for a period of time when we were running in the high 40s and then Brian took over and we have dropped since then. Coincidental? Maybe. Maybe the professional firm was selling shares (cannot recall the details) but regardless the facts are before our pps was moving up and since Brian we are moving down. It can be argued that we have now stabilized but again we are half what we were!
I know he has been a loose cannon with a fair number of people but to label him that way may not be completely true.
In regards to why Liebs would keep him onboard is unknown - it could be that Liebs is so busy he doesn't know how people feel. I don't believe it is that Liebs doesn't care or else we wouldn't be where we are now. For Liebs to do what he has done he has to be extremely busy - maybe too busy!
Come on now - it cannot bounce yet - I am enjoying these cheap shares! I will be buying more - I'd like to pick up some more at 16/17 tomorrow. It can't bounce just yet.
I find it humorous that so many people are anti-Brian but yet he is still around. Yes, I am one of those that is displeased with Brian as an IR person.
I have said this to a few people but here is my honest assesment of MMTE - I believe we have far too much to even consider this is a sham, we have land, we have the subsidiary and we have so much more going for us. Everything Liebs has said has happened - maybe not in the timeframe, but it has happened. So I think in regards to Liebs we will all agree the only fault we could possibly have is him not meeting his own stated deadlines. We know that Liebs has cancelled shares, we know he has done so much for MMTE. We know that he is not taking a salary from MMTE. We don't know quite as much about Samir but in a lot of aspects he is in the background.
Now up to this point we have all positive information. Then walks in our new IR guy - he is a salesman, not IR - he will sell you stuff all day but IMO is not well suited for his current position. There have been far too many questions since he has maintained this role. The miscommunication of deadlines, what he says conflicts with Liebs, the attitude towards several investors, the taking of the MMTE shareholders FB page, and so many other things that just don't sit well with most investors.
We know Liebs is working on developing a legitimate company but my question is this - how far can he go with the number of mistakes (and general low opinion) associated with Brian? I believe it is time to move forward!
I certainly agree with you - I also recall the big issue over you commenting on L2s. I made several postings during that time but I don't think they are still up.
I think it is a matter of time and we will see it going up - still don't believe we will shoot up but we will see some jumps.
Maybe I am way off here but I don't think anyone wants to see another LEX* right now so things are being 'held back'. The explosive nature of that one was ridiculous and it maintained for quite a while - almost as if it wasn't going to stop. Now it is slowly coming down, still not what I expected.
Nope - I try to keep my name calling to PMs I've let it slip a few times on the board though.
IMO we have a lot of facts; however, due to the IR involved there are a lot of questions that have come up. I am personally not a fan of the IR here.
In my mind there are more questions that have come up because of the IR being involved than with MMTE and Liebs as a complete unit.
How many days have we noticed that at EOD it gets painted where they want it? Today is yet another day, last minute drop to where they want it.
Well I must give you credit - you did use WLs terminology!
This is probably a good point to have this conversation - it is my understanding that to uplist under a current trading company you must have X number of years of audited financials. If that is the case we do not have any. Am I incorrect in my understanding?
I think we are on the same page in terms of something more substantial to the PRs. ... or quarterly!
I think at this point there needs to be something concrete to justify the PPS - basically show me the money. Show me a buyer, show me ownership in the quarterly, show me the numbers and as always "show me the money".
At this point we have significant items going for the company but we also have one aspect that I am not comfortable with. MMTE needs a professional IR firm IMO. The IR person would be satisfactory for a company that is going to remain at these levels but we need something to push us and that requires someone that is really involved in IR similar to a professional IR firm.
I certainly agree - thats what it sounds like to me as well. Oh trust me this does not personally affect me any more - after the issue earlier this year I ran from Zecco and created 2 accounts. Neither use Penson as a clearinghouse.
I just picked up more shares today and hopefully will pick up a little more tomorrow. I have a few more hundred sitting in an account that I'm going to use tomorrow.
I would encourage those interested in Penson to read go to the following link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64615035
This is in regards to Penson no longer trading ANY pennies!
EDIT: Just realized it was a premium board and some may not have access. Here is a repost of that link:
So if the MM code holds true:
400 > Trade it sideways based on Supply and Demand
Phrozt, just read this comment - what do you mean "unintentionally manipulated by entities that think they are doing it good"?
I find it interesting the companies that were there. Some of our 'competitors' were there! I am curious why Liebs and Company were not there.
Company Profile for Freeze Tag, Inc.
http://ih.advfn.com/p.php?pid=nmona&article=48198807&symbol=FRZT
Freeze Tag is a leading creator of casual games for mobile and PC/Mac platforms, including the number one hit series Victorian Mysteries® and Unsolved Mystery Club® and digital entertainment like Etch A Sketch® (for iPhone and iPad). Freeze Tag’s “family friendly fun” games have been downloaded millions of times on mobile devices (iPhone/iPad, tablets), and PC/Mac computers. For more information, visit the Freeze Tag website at www.freezetag.com. Freeze Tag, Inc. common stock is quoted on the OTCBB under the symbol “FRZT.”
Company:
Freeze Tag, Inc.
Headquarters Address:
228 W. Main St., 2nd Floor
Tustin, CA 92780
Main Telephone:
7142103850
Website:
http://www.freezetag.com
Ticker:
FRZT(OTCBB)
Type of Organization:
Public
Industry:
Electronic Games
Key Executives:
CEO: Craig Holland
COO: Mick Donahoo
Investor Relations
Contact:
Investor Relations
Phone:
7142103850
Email:
investorrelations@freezetag.com
Based on history it looks like .02 is a good point to get in.
Looks like it could be the result of the hype from earlier. The L2s aren't looking very good either. Looks like now might be the time to get in.
That is unfortunate considering you and a few others really got it started. I understand the need for MMTE to be on facebook but there should be one that they develop not something that was started by you and taken over by them!
Freeze Tag Acquires Cross-Platform Technology Framework, Announces Stock Trading on OTCBB
http://ih.advfn.com/p.php?pid=nmona&article=48178793&symbol=FRZT
The most recent news and announcements are at the bottom of the iBox.
Been alerted by pumpsanddumps.com! Be Careful!
I have experience working in that part of the country and from what I recall most of the mineral rights belong to the various coal companies (or large corporations). If mineral rights are honestly obtained for gas extraction expect some big names to be involved (or as typically is done - an LLC associated with big name companies).
It's on alert by Epic Stock Picks!
Is La Jolla the same group referenced in the below DD I obtained for another stock?
(Obtained from http://ocpink.info/finalinvestigativesite/Site/JUDGEMENTS_PAGE.html )
Filed - January 14, 2008 - Case # 37-2007-00064264-CU-BC-CTL - La Jolla Cove Investors vs Stomar Partners (Jim Miller/Raymond Nize) - Judgment by default - Plantiff was awarded $95,439.95 damages and $10,809.55 prejudgment interest at 9.75%. This case involved a stock sale agreement between the parties.
That is excellent news - I have added the Twitter information to the iBox and removed that sticky. It has been replaced by the information you found as that is more critical to the company.
Let's keep this about NIAS, the company, past history and items related directly to the stock.
Thank you
I'm still having difficulty obtaining information from Mr. Miller. He has responded to my inquiries but has not provided much information - for anything other than general communication he refers everything to his IR and Legal team.
To date he has not confirmed or denied the SS that we have listed in the iBox.