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1.3 million a year, when fully operational. Boy, that should get the share price going.
HaHa.
I speak weekly
I'm not sure when I ever said that. I hope I am right with that prediction. Let me know where I can read what I said...
All my shares are held through them. High fees though.
What else is new??
I agree......
Amazing, but second half of letter is up on the website....
I have 50. I am sure there are many holders like me
O/S 5,176,754,309
Hey!! I'm a CPA. Can't disagree with anything you said though.
I have my concerns as well. Every time I talk to Steve, there is another reason why Escala isn't cash flow positive at this point.
Getting frustrated like the rest of you...
Sorry Steve, no offense to you personally..
I don't know anymore..
I got ten years. and Boy do I deserve to make some money...
Yes. That is what I was trying to say. And I don't think it will be just one plant....
My understaning is that the first step is not building major plants, i.e. plants that take at least 36 months to build. Several posters here were correct in estimating this.
The company's goal is to build smaller plants that support a localized community for awhile (these take less than a year to build) and transition in to more fully operational plants as time progresses. The smaller plants are very profitable even though you are not selling the product outside the community.
Franklin will be getting a good piece from this. One again, this is only a side operation, that was developed from their good local reputation.
Thank you Mr. Petty.
Has this been posted before?
http://www.lalicuadoratdf.com.ar/index.php?s=
Should have bought FMJ.F
The posters comments on the Cierro Rico are a complete fabrication and any posts that are made in the future should be ignored.
The importance of the certification of the mineralization in the samples can not be over emphasized. SGS' credentials are extremely important.
According to management (check it out for yourself, I did) SGS is one of a few respected certifications (forgive me if I am using the wrong terminolgy)in the world.
Upon receipt of SGS' verification of mineral content, I believe (this is my opinion) they can leverage, factor, hedge (whatever term you want to use) the underground assets they have.
Understanding the FMNJ profit percentage, the risks of obtaining the product, financing and other factors are more important here than anything.
Gas and other revenue sources are just gravy, but I have my thoughts and comments on those as well.
I second that, and I have been here the longest.
So the authorized is now 5.5???
Ignore everyone else. Read my prior post. I gave the authorized and the outstanding.
Came directly from "Old Monmouth" this A.M.
The authorized hasn't changed. Still at 5,000,000,000
Thank God.
The O/S as of 7/22 10:35 A.M. E.S.T. = 4,875,011,301
Hopefully it means all of the short timers will be gone. We will be experiencing this all the way up through several cents. After that, there will be more stabilization.
The charters who play for $5,000 will always cause this problem, but that is all they will make, a couple thousand dollars.
In here for long-term gains.
Looking forward to the next couple of months.
Don't sell too soon.
July 16th o/s 4,755,011,301.
They are running out. I hope!!!
If you don't present value the cash flow, or figure in expenses, or know what piece Franklin is getting.
It was good news, but who knows what it means for our company??
But what does it mean in the terms of cash flow for the company?
Short-term?
Long-term?
Even more important, and what all the new hotshots on this board, including yourself don't understand is that this company is undervalued based upon Escala alone.
Yes Cierro Rico is a couple of years away, but it still adds value.
The drilling and gas news has only begun.
Yes. Me too, first time in a long time..
They haven't issued any new shares. That's why.. I called old monmouth today.
Hasn't started yet.
Sure did. 47,000,000 shares
I am down the same, but remember where I started. I will make a quick turn to positive once this goes past a little less than about .0022 though. Then I will retire shortly thereafter....
Called "Old Monmouth." Doesn't look like any new shares have been issued in the past couple of days, although the O/S is 4,453,094,635.
Let's hope it stays there.
Still waiting for an announcement that no more diluting will be going on. That will help....
Cut playing with my daughters short to listen to the three minute webcast. Should have stayed outside. Total waste.
I might remind a lot of you we have a long way to go. Only a 5.0 million company currently..
Trust me I won't. I will get my Money back and then play with house money......
I will only speak to a long time investor.
I am at work and could not get the wall street.net interview.
I was expecting just another pump, however, I will take it.
If it goes to $.03, my 47,202,200 shares will make me a lot of $$$.
I have added the last couple of days.
Spoke with the company yesterday or maybe Tues. Not much new to say.
Spoke with the transfer agent, shares O/S/ 4,373,094,635. Something like that.
It was 4,088,000,000 a couple of days ago, so they are still issuing for debt, equipment, services whatever.
I hope this is my hit, finally....
No additional shares O.S. since last time I posted...
Authorized,4,000,000,000
Outstanding 3,888,094,635
Don't think that was the real F.A.
Up to 38 mill in shares now. I made my last buy for 14,000,000 at .0007. Let's hope this works out...
Thank you..