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I went back and read all the 10K's and 10Q's of those companies he became the CEO in. Allot of reading and law jargon but it is all there in black and white.
I have and WL did his job and corrected the problems other CEO's created.
Also doesn't like securities fraud at all!!!!!! Someone wasn't suppose to be playing down here. Overcash and his buddies looks like. I say Judge Rakoff looks at who is involved and slams it shut, case closed. And if he does someones going to jail for securities fraud.
Ok Thanks. I appreciate
Did you read my reply to tiny and the link to the fling. I think I'll trust the CEO, before I trust someone who the SEC has band.
Just a thought.
CHroma, Help me out here. Why do you post that? Thanks
No it's the plantiff. He is not suppose to even be playing in the penny stocks. Here read this.
http://www.sec.gov/litigation/complaints/2010/comp21416.pdf
Yeah me too...
Nice Job NOS
Oh I wonder who? Weak hands shook loose, and someone's loading their boat. I wonder who it is? They must be watching the L2's
The MM's dropped it to 13's and 14's and it is channeling again. But big blocks of buys going through along with smaller ones. Quite possibly the small ones are apart of the large ones just broken up.
Scared weak hands shook loose and longs goobling up today!
TBS04
Massive blocks of buys at the ask and at the bid.
There were 2 form T buys at 14 for a total of 1MM Someone wanted the 14s bad and ate them up.
I did and they must have had a GTC in for a while
The SIZE of the blocks at 14 is UNREAL!
Massive Buys going at 14
jack, I don't think it will be anything to be worried over. I'm sure the legal team is on it and it won't be anything to it. Just a barking dog! No offense DrozdDawg!
TBS04
I agree max. I'm not worried about a past CEO who on the surface appears to be a crook.
JMHO
DING DING DING DING DING. Charlie tell him what he's WONNNNNN! LOL
It's called The politics of business.
I use puzzle pieces because, you get pieces of the company as it is put together. It is a startup. That means it was born of and ideal. So it's not like ok lets start a company to mine, produce and sell lithium and you just put up a Wally World.
Sorry Flippers he's not playing your game.
Hope this helps
TBS04
Will have to wait and see.
Could happen, he's a BIG PLAYER down there?
Either you're not conneting the dots, or putting this piece of the puzzle together or you wanting to flip it.
Reread this is a strategic move by the company.
This is the part I focused on.
The board will be comprised of an INTERNATIONAL MIX OF ADVISORS focused on the STRATEGIC
DEVELOPMENT of the company AND POTENTIAL JOINT PARTNERS. (Mergers)
Can you say MERGERS?
This is spec on me; Now if they will follow up with names of the board after the land concessions are finished, this part of the company could be huge. I would venture to say there will be a couple of big names in there. Probably from the mining industry. We'll see.
Hope this helps
The term exploitation means:
The act of using something for any purpose. In this case, exploit is a synonym for use.
My business pays a sale and use tax.
If I mine lithium and I have exploitation rights, I can sell it or throw it at cars passing by?
Hope this helps
TBS04
Did you catch who it was? That would tell us allot.
When acquisitions of land are finished? But only if there is not a merger or acquisition by another company? Time and patience at this point.
If you find out let me know
TBS04
Trying to load more 16's, getting hard to come buy. I think reversal is coming.
Oh sh*& this is coiled up and wound up tight, gonna burst wide open eventually. Thanks Dolphin.
IMO
TBS04
Give me a link to the 504 Form D
Rule 504 of Regulation D
Rule 504 of Regulation D provides an exemption from the registration requirements of the federal securities laws for some companies when they offer and sell up to $1,000,000 of their securities in any 12-month period.
A company can use this exemption so long as it is not a blank check company and does not have to file reports under the Securities Exchange Act of 1934. Also, the exemption generally does not allow companies to solicit or advertise their securities to the public, and purchasers receive "restricted" securities, meaning that they may not sell the securities without registration or an applicable exemption.
Rule 504 does allow companies to sell securities that are not restricted, if one of the following circumstances is met:
The company registers the offering exclusively in one or more states that require a publicly filed registration statement and delivery of a substantive disclosure document to investors;
A company registers and sells the offering in a state that requires registration and disclosure delivery and also sells in a state without those requirements, so long as the company delivers the disclosure documents required by the state where the company registered the offering to all purchasers (including those in the state that has no such requirements); or
The company sells exclusively according to state law exemptions that permit general solicitation and advertising, so long as the company sells only to "accredited investors."
Even if a company makes a private sale where there are no specific disclosure delivery requirements, a company should take care to provide sufficient information to investors to avoid violating the antifraud provisions of the securities laws. This means that any information a company provides to investors must be free from false or misleading statements. Similarly, a company should not exclude any information if the omission makes what is provided to investors false or misleading.
While companies using the Rule 504 exemption do not have to register their securities and usually do not have to file reports with the SEC, they must file what is known as a "Form D" after they first sell their securities. Form D is a brief notice that includes the names and addresses of the company’s owners and stock promoters, but contains little other information about the company.
In February 2008, the SEC adopted amendments to Form D, requiring that electronic filing of Form D be phased in during the period September 15, 2008 to March 16, 2009. Although as amended, the electronic Form D requires much of the same information as the paper Form D, the amended Form D requires disclosure of the date of first sale in the offering. Previously, the first date of sale was not required. The Office of Small Business Policy has posted information on its web page about the filing requirements for the new Form D.
If you are thinking about investing in a Reg D company, you should access the EDGAR database to determine whether the company has filed Form D. If you need a copy of a Form D filed as a paper filing (which will include any Form D filed before September 15, 2008) that has not been scanned into IDEA, you can request a copy using our online form. If the company has not filed a Form D, this should alert you that the company might not be in compliance with the federal securities laws
You should always check with your state securities regulator to see if it has more information about the company and the people behind it. Be sure to ask whether your state regulator has cleared the offering for sale in your state. You can get the address and telephone number for your state securities regulator by calling the North American Securities Administrators Association at (202) 737-0900 or by visiting its website. You’ll also find this information in the state government section of your local phone book.
For more information about the SEC’s registration requirements and common exemptions, read our brochure, Q&A: Small Business & the SEC.
http://www.sec.gov/answers/rule504.htm
June 13th was the filing
No but its subsidiary does.
June 13 , 2011
Completion of Acquisition or Disposition of Assets, Including but not Limited to Mergers.
Mammoth Energy Group Inc. (PINK: MMTE) a lithium and alternative energy mining company
announced today that it acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining
assets in Chile on behalf of Mammoth Energy Group Inc. Compania Lithium Investments Limitada of
Chile has acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the
southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company
completed this acquisition on May 23, 2011.
Mammoth Energy Group, Inc. will operate this acquisition as majority owned subsidiary. This acquisition
is a related party transaction since Mammoth has acquired its majority stake in the acquisition from
William Lieberman, CEO of Mammoth. Mr. Lieberman exchanged all of his 99.9% ownership to the
Company.
Mammoth Energy Group Inc. acquired Compania Lithium Investments Limitada in an exchange of
125,000,000 shares of restricted common stock for 99.9% of Compania Lithium Investments Limitada.
s/William Lieberman
__________________
President, Director
Mammoth Energy Group Inc.
You are correct about using his own money and it was called a contribution.
Load, Load, Load your boat, with lots of MMTE...
LOL Nice day guys and Gals
TBS04
Thanks Chroma
I've known about it since it was first posted and it forced a PR.
Nice that it has been reposted for all to see though.
TBS04
That would actually be 1/10th of a percent. WL owns 99.9% while Salvatore owns .1%
Hope this helps
TBS04
Its happened to me too...
Buys at the BID going through as a sale. Don't be fooled.
You are correct. Having a MMTE stamp of approval (so to say) states this is definately a real company with real assets with actual valuation attached to the land concessions. It also balances out negative attachment of the money that was borrowed to acheive said concessions.
The Land Valuations and NI43-101 information needs to come out in the 10Q, and/or in a PR previous to the 10Q.
Hope this helps
TBS04