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LOL,everyone should read it, it tells you the performance of the company and how the CEO is running the company. Not a stellar record to date with the CEO
Please see post 20619, there still have a loooong way to go to get out of the red
Its spelled out in the 8K
Will ATTD sell enough to pay the 3.4 million note or default again in 18 days
LOL, Increase of A/S equals to more shares of dilution for ATTD management. Lets be real here
We will see in 19 days if the company can come up with 3.4 MILLION won't we
Thats a lot of milk to sell to make up the 12 million owed
ATTD has still defaulted on Notes !!!!!!!!!!
Looks like Roy Warren is starting the process all over again, 3.4 million due in 19 days. Why would anyone buy this stock untill this gets paid, if it will get paid
TIC Toc Tic, Toc, 19 days till this company gets in big financial trouble. Someone please tell me how they are going to pay without dilution
Come on they have a new Banana flavor to bail ATTD out LOL
Why would they be defaulted if they had the money to pay LOL
This was posted by another member
Quote:
One cannot defend a public company when the company provides the ammunition for it’s own demise. The company has made a series of PRs that have added nothing to the share price here, the last 4 have resulted in further downward pressure and closing red on the each day a PR has been released. This has been supported by the fact that debt conversion has continued to sell into these PRs, to the tune of 600 million shares in the past few months and it is going to continue.
The DTCC has chilled this stock the company now has no means of capital raising through debt conversion. It has also failed to disclose this to it’s latest financing and in fact claims DWAC capability when it clearly does not have access to such service. Must be in CNS to use DWAC. The company also failed to disclose it’s non DTC eligibility to it’s newest investors, this will result in a breach of contract.
The company is currently on default with one note for $115,000, and is soon to be in default on 20 other notes in about 20 days for a total of $3.4 million. They have no cash on hand to pay this and profits after the last 9 months of operation resulted in $7800 from $131,00 in revenue - $123,000 in overhead costs. This has increased the deficit here substantially by nearly 130%, so $7800 of profit has resulted in $12 million more in deficit for a total of $22 million in deficit since inception.
The exact company wording of this current financial environment form the last Q:
Why would anyone stay in on ATTD when this POS will be a no bid very soon. Look at the notes coming up that need to get paid
I will take lithium over fruit juice any day Go MMTE
"Stay Tuned"
William is setting the foundation for this company, any other pinkie will not do this. Think about this and the many past PR's
We are hoping OK thats its huge,time will tell
Great post Gorlock, some peeps need to think out of the box!!
Rookie Joey11, once the big boys get a hold of this it wont matter. Think about want is going on behind the scenes, they are all fighting to get a part of this huge future $$$$$$$$$$$$$$
Are you kidding me, he just told you MMTE owns the the land, not like some fruit juice for sale. This is what the big boys are looking for, good times ahead
This POS is flatlined, they dont have the money to pay anyone to pick up the phone. Hell they can't even pay the phone bill
Best post of the month, well said stevejs
WOW Nice day for LI, picking up volume
I agree with you 100%, we will do just fine here
I'm sure the word is spreading as we speak, how can we confirm for sure
This is great news JKM1, this is definitely huge for MMTE.
How is the CEO getting paided???? Diluting shares maybe
What!!! Only 150k in sales in 4 years, dam Im outta here. Thanks for the warning
Wow someone wanted this to close down with the last minute sell, dumb move
Is vert really finally gone
Climbed to #16 on the most read board, lots of eyes on this. Should be interesting at the bell in the morning
Welcome nemo, might get interesting here
You need someone to buy this POS, its at no bid HELLO
I keep telling you there is nobody there, this POS cant afford to pay anyone to pick up the phone.
Huge news for lithium companies like MMTE
http://www.foxbusiness.com/news/2012/02/07/chile-government-plans-tender-to-attract-new-lithium-producers-paper/
Huge news for lithium companies like MMTE
http://www.foxbusiness.com/news/2012/02/07/chile-government-plans-tender-to-attract-new-lithium-producers-paper/
All of the flippers will be chasing this
This is what we have been waiting for, this is HUGE!!!!!!!!!
Come on really, please post facts on where and how you got this information