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Great POST Dii Dii!! I'm right there with you. I'm in it to win it.
Somethings in this world are better left unsaid or unposted.
That is why there is a Chilean Subsidiary, nice loop hole left by the chilean gov. don't you think? Lawyers are smart like that huh?
It's not over till it's over is it?
Also is this the same Louis T. Buonocore
Louis T. Buonocore (Registered
Representative, Staten Island, New
York) was fined $15,000 and suspended
from association with any
NASD member in any capacity for
one year. The NBCC imposed the
sanctions following appeal of an
Atlanta District Business Conduct
Committee (DBCC) decision. The
sanctions were based on findings that
Buonocore failed to respond to
NASD requests to appear and give
testimony.
352
NASD Notices to Members—Disciplinary Actions July 1997
This action has been appealed to the
SEC and the sanctions are not in
effect pending consideration of
More succinctly Securities Fraud
Again Chroma, they are the plantiffs word against the company, nothing more until proven in a court of law.
Still alleged. Not proven in a court of law.
They are not fact! They are alleged. They are the plantiffs word against the company. PLAIN AND SIMPLE.
No, you're off in left field. There are other things going on with them not just what you see here.
I am out for the evening. Traveling.
NO that is alledged. Now go do some DD and find out who.
Go look up Who is involved with M&A
That allot of people don't know about. Reposted for them as well.
Correct and he and his Comrades cannot participate in the OTC EVER!
Oh yeah here you go. Look who was involved and got a judgement against them. They CANNOT participate in any form or fashion in the OTC market.
http://www.sec.gov/litigation/litreleases/2010/lr21416.htm
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21416 / February 18, 2010
Securities and Exchange Commission v. Greenstone Holdings, Inc. et al., Civil Action No. 10-cv-1302 (S.D.N.Y. February 18, 2010)
SEC Charges Greenstone Holdings, Inc., the Company's Chief Executive Officer, Two Attorneys, and Four Stock Promoters with Pump and Dump
On February 18, 2010, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of New York charging issuer Greenstone Holdings, Inc., the company's Chief Executive Officer, Hisao Sal Miwa, the company's outside counsel, John B. Frohling, attorney Thomas F. Pierson, and four stock promoters, Daniel D. Starczewski, Joe V. Overcash, Jr., Frank J. Morelli, III, and James S. Painter, III with engaging in an illegal, and in some cases fraudulent, scheme to sell hundreds of millions of Greenstone shares to the public. At the same time, Greenstone and Miwa fraudulently "pumped" the market for Greenstone stock by issuing a series of false and misleading press releases and hiring third-party stock promoters to circulate many of these statements on the internet and via email. On June 18, 2008, as part of its Anti-Spam Initiative, the SEC suspended trading in Greenstone's securities.
The SEC alleges that from approximately 2006, Defendants arranged for Greenstone to issue stock to certain entities that Pierson, Starczewski, Morelli, Overcash, and Painter controlled, for further sale to the general public, all through unregistered securities transactions. At various times over the next two years, Pierson, Starczewski, Morelli, Overcash, and Painter widely marketed and sold the Greenstone shares to the public, illegally using the sale proceeds to finance Greenstone's business activities and directly for Defendants' own personal benefit. At the same time, defendants Greenstone, Miwa, Frohling, Pierson, Starczewski, and Overcash engaged in a fraudulent scheme to cover up these illegal stock sales, including providing Greenstone's stock transfer agent with false and misleading legal opinions and preparing back-dated and otherwise false promissory notes.
In addition, according to the SEC's complaint, Greenstone and Miwa intentionally prepared and disseminated to the public a long series of materially false and misleading press releases announcing fictitious Greenstone business transactions and otherwise creating the false appearance of a thriving company. Acting with Miwa's knowledge and consent, Starczewski, Overcash, and Painter also hired a multitude of stock promoters to tout Greenstone (and its stock price) through widely-distributed internet campaigns. Often these materials repeated the false and misleading claims set out in the company's press releases, while failing to disclose that Greenstone had paid for the campaigns with its illegal stock issuances.
The SEC further alleges that Defendants sold the illegally issued Greenstone shares to the public, reaping proceeds in excess of $1.3 million between September 2006 and June 2008. Moreover, a portion of these sales were directed back to Greenstone.
The complaint also names as relief defendants thirteen companies controlled by the defendants and through which the defendants directed their illegal public sales of Greenstone's stock.
The SEC's complaint alleges that all defendants violated Sections 5 of the Securities Act of 1933 (the "Securities Act") and that Greenstone, Miwa, Starczewski, Overcash, Pierson, and Frohling violated Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder. The SEC's complaint also charges, alternatively, that Miwa, Starczewski, Overcash, Pierson, and Frohling aided and abetted Greenstone's violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. The SEC seeks injunctive relief and financial penalties from the defendants, disgorgement from Greenstone, Pierson, Starczewski, Morelli, Overcash, and Painter, penny stock bars for Miwa, Starczewski, Overcash, Pierson, Frohling, Painter, and Morelli, and an officer-and-director bar against Miwa.
The SEC acknowledges the Financial Industry Regulatory Authority (FINRA) for its assistance in this matter.
I would not trust any of the people mentioned in this injunction as far as I could see throw them from the train!
I second that reasoning. Right now this place has become a zoo. I would like to come here and learn things about MMTE not see someones oppinion like IZZY sit right across from BIlly BS. Please help get this board back in shape.
Thanks
TBS04
There are two sides to every coin, don't you wonder about information against the other party?
LOL 911 shares bought at 14 to close with 13 seconds left in the market today? The got the message in at the last seconds.
Then you tie the fact that some OTHER fully formed company which is already producing has an increase in demand. That currently has nothing to do with us. Should it affect us? Yes. Will it? Who knows. To what extent? Even a bigger unknown.
It will affect us and the price per tonne making the land concessions MORE valuable. The are thousands of acre we are acquiring. With demand up others pushing prices up so goes the valuation. The average price per acre will be at the higher end.
The main point of T/C's post was, we've got land concessions worth MUCHO DENARO, MORE COMING and a growing company. Why does one have to over think it.
The pr's state concessions (many) could range in value from $10,000 to $30,000 per acre. With the big lithium producer in Chile Rockwood Holdings/Chemetal going up 20% per tonne. The $30,000 would be more accurate.
Don't make things difficult.
But positively more accurate to the original 30,000 quoted in a 10Q by the company.
With the DEMAND going up and Rockwood Holdings/Chemital going up 20% per tonne. I'd say a high valuation is in order, wouldn't you?
OKOIL, this is from the 3qrt 10Q
Salt Gold Inter Chile Limitada lithium concessions consist of 1008 acres in the Salar de Maricunga. Preliminary results of drilling and chemical analysis from its project under development has returned results and confirmed the presence of lithium -- potassium brine bearing aquifers. Brine Concentrations averaged grades of 650 ppm (parts per million) for lithium and 9500 ppm for potassium. These results confirm a significant third dimension to surface brines sampled on the project. The brine chemistry in the first test wells compares favorably to other Lithium companies in the region including the large multi-national Lithium producers whose estimates in the Atacama and throughout the region average 500 to 750 ppm Lithium and 9000-10000 ppm for potassium. Depths at the Salar de Maricunga average 100 Meters or 300 feet and currently acres are valued around $30,000 USD
There is a saying in my family, Let everyone think you're a fool, open your mouth and remove all doubt.
Please do some DD
LOL, two different states though. Not related.
Land Acqusitions of over 15,000 acres. Has been PR'd for each conncession realized. The NI43-101 have been done on the surrounding areas as well as preliminaries done on said acquisitions. They are all in line with ppm quantities of Lithium, Potassium, and Boron as the other area being mined by Rockwood Holdings/Chemitall.
The acquisition value is aproximately $30,000 depending on ppm values on each.
15,000 x 30,000 = $450,000,000
The company expects to finish its acquisitons with over 31,000 acres.
31,000 x 30,000 = $930,000,000
Hope this helps
TBS04
psssst It's in the PR's and 10Q's and 10K's
WOW!!! L2's Stacked GREEN BID and ASK
VERT 50 fake wall, somebody slapping the ask hard
It's called legal jargon. It is in nost real companies 10K and 10Q's. Are you sure that you've traded stocks before?
Don't look now but someone is buying 13's are about to fall.
Then what are you doing here?
Yeah how about that? Kinda strange how that happens. Honestly, too predictable.
Billy WHO?
You are correct but the subject at hand was FOX PETROLEUM NOT MMTE
Please read the threads
Thank you
TBS04
According to the Filings this was not a shell!
The Issuer is not a “shell company” pursuant to SEC Rule 405 of the Securities Act of 1933.
The Issuer has no parent, subsidiary, or affiliates.
This is the second comment I've read stating this was a shell, it was not!
Tell us how he was connected and how WL CEO off MMTE have done anything illegal?
I would like to know? Please inform.
You are correct Daytona. As it has been stated, it will take some time for this suit to go through the court system. By then we're flying.
That is why you saw all that buying on Friday.
The company was already in financial trouble before he got there. It was NOT PRODUCING OIL OR GAS. It did not produce after he got there. That happens in the OIL business all the time.
Nice try though
Are there names I should know? You seem to imply there are, but just stated we should go back and find out who?
I didn't see anything or read anything in past comapanies that would imply WL did anything illegal.
If you hsave names drop them for all to see. Meanwhile I am re-reading MMTE's past 10K's and 10Q's.
Let us know OK?