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ouch...on the greys, if you give then a chance to screw you they will
happen to me once so i know how you feel....crooks
Limit orders and GTC
so the profit Math is spend $1 million to get shares at .0079 and then sell those shares for more money as the price falls
if that was possible you wouldn't be complaining because you could sell for a profit too...as the pps falls
WL did a huge trade at .0079 .....thats where he sees the value !
there are investment barriers EVERYWHERE......my Dad can't trade options or buy stocks below $1 with his broker
so I set him up with a small account elsewhere....where he can do both
I'm sure we all wish MMTE could trade freely Everywhere but apparently thats not going to happen
do not recall companies name being posted here and I started at the buyout rumors....then grill...then crosstoner / something they all have in common, making an announcement to early
I'm fine with waiting !
still have Xmas season...still have new products...still have release of MyPraize / not thrilled about R/S but there are still some positives
I'm new here but just makes sense that the world has some recession concerns...TYTN sells tractors...so some short term concern...longer term they'll be fine
just curious.....would you rather see MMTE owning and producing on 4,000 acres or have the opportunity to produce on 16,000 or more
thats the difference between the longs and the flippers.... WL is building a company....more land gives him more options and opportunities
Or they are all building companies for the future.... while mining lithium is RESTRICTED in Chile!
is the plaintiff counter proposal listed? do we know exactly what plaintiffs want, I've seen $40,000 to millions of shares
Once again the opinions are all over the place:
I see this as the plaintiff's were hoping they'd get a default judgement, and since they didn't they've already made another proposal. Doesn't sound like they have complete confidence in their claims.
Someone posted earlier that this is the judges way of saying...settle this yourselves. I'm leaning in that direction!
Will appears to be doing what he does best....using his skills and contacts to QUIETLY Acquire lots of valuable land !
Awesome post....thanks ! MMTE will be just fine !
Sorry to report , its the A/S being reduced to 20 million, our shares or O/S will be reduced to 5 million
At this year’s Annual Meeting, stockholders will be asked to (i) elect three directors; (ii) approve an amendment to our Certificate of Incorporation to affectuate a reverse split of our issued and outstanding shares of common stock at a ratio of 1-for-1,000, with any fractional shares that would otherwise be issuable as a result of the reverse stock split being rounded up to the nearest whole share; provided, that our Board of Directors may abandon or delay the reverse stock split in its sole discretion until the next annual meeting of stockholders to be held in 2012 and (B) reduce the authorized number of shares of Common Stock from five billion (5,000,000,000) to twenty million (20,000,000); and (iii) ratify the appointment of M&K CPAS, PLLC to serve as our independent registered public accounting firm for the year ending December 31, 2011.
That gives USOG 15 million shares to spend/invest ! Is that enough to clean up some debts and payoff TB and United ? MAYBE !
looks like its 250 to 1 on the R/S ...thats the change I THINK
5 billion / 20 million = 250
I recall somone suggesting a lower R/S ... like 500 to 1 ....now I see 250 to 1
yeah...really deep pockets....most days they need to scoop up 50,000 shares , so they need $87 .lol
this will not move till we have some news...good or bad
I still choose to believe in IHAI, Mills, his generator and the dream of providing cheaper,cleaner energy to the world! IHAI is a FEEL GOOD STORY !
no u don't...any positive comment would be your 1st
no one knows what will happen today but still you choose to assume its negative
I on the other hand choose to believe WL and see the plaintiffs as the crooks...we'll know soon enough
Or just maybe Overcash and his cronies used the lawsuit and selling between themselves to cause the pps to fall
Makes as much sense as other ideas beaten to death here !
This may still work out for MMTE and the longs !
Scottrade
Been away....is LFBG still on pace to release their retooled social media site ? Thought September was the release date.
your prediction was on the money like usual.....lol
and if it ever comes true you will brag....getting old
glad to see the 7's held
If my goal was to acquire as many concessions as possible, what I'd do is publish reports showing the higher concentrations and disclose how I've managed to secure so many concessions already.
I'd want to share my success with my competitors.
I choose to belive he has acquired the concessions and may have or is working on the rest of his plan. If others are correct, WL will surely land in jail.
Yeah right....the people that would call for results of the NI report are likely to become customers. I need a lawyer in Chile too.lol
Never thought it could have been Brian like most here. Its funny what posts we choose to believe or not believe.
Some here want a PR...others claim it will only lower the pps.
Hoping WL has a plan !
Removing the restriction is done by the TA and they are in contact with the company
A couple thoughts about dumping/diluting
Why is all the selling happening at such low pps ?
Ran some interesting numbers, if the company was some how dumping 25 million shares a day, it would take 40 weeks to burn through half of the 10 billion shares that we were told are not in play !
As for the Manifesto, certainly has some anger in it and I would have handled it differently but the message remains the same: we are acquiring concessions and building a business ! I think owning more land gives MMTE more options going forward. Hope some of those options payoff for the shareholders that remain!
What failed was getting either company paid so USOG had access to revenues or maybe even one paid so they could use those revenues to make required payment to the other.
Letting either company get away makes no sense for USOG. Does a R/S give them enough new cash to payoff United and use the revenue to pay down TB. Any other ideas ?
If the 10 Billion being used but not in play were to be cancelled....would MMTE be ok with 5 billion going forward ?
Exactly ! Welecome and keep your positive posts coming !
Said something similar yesterday, the LOI seemed to do more for MMTE than acquiring the actual concessions, and more concessions to come.
On this exciting day I decided to see how others faired on the SEC suspension list....most worse than USOG ...but CLYW was at .07 and hit .105 today and still on the Greys.
Finally a positive post !
WL is acquiring what the world needs !
I'm amazed that having LOI months ago caused more excitement than having all these concessions.
You will have info on the NI report when completed. As for being able to call/inquire about the report prior too...glad you can't.
Its not a companies job to field calls on a yet to be completed report. I can only imagine the number of calls to out Chilean Lawyer.
I think the risk IS MORE THAN PRICED IN . Many here with some legal knowledge think the lawsuit is a joke. The non executive board has generated little benefit to pps SO FAR. Plus having the land and looking for more has also done nothing to increase pps. LOI did more than the actual acquisitions...lol
So IMO the Risk has been priced in ..... huge gains coming !
Couple more thoughts :
Isn't TB Oil worth much more than whats owed ? If yes , then how do we get it paid ? Can ask the same about United too....
Will we ever know EXACTLY why we were suspended by SEC ?
If it were not for the SEC suspension, did Alex have a plan to raise funds to pay off TB and United? Would it have worked ?
I had no trouble buying 100k shares through Scottrade around 11am
When is the meeting ?
Any idea what JT is thinking ?
based on his response...we would need to post split price above .50 to match our pre-split pps of .0005
I guess thats possible, particularly if TB and United are paid
absolutely...and if R/s is last chance to save company and pay off the debt than do it
still hate the idea that SEC can halt trading to protect us investors but disclosing the violation rests with USOG....what a great systems....and then its up to a MM to relist them....that sounds fair
comments like yours caused me to panic....I sold some at the open
you and many others were expecting a big sell off.... I sold some just in case...it may still work out but for the momment I'm sorry I sold
I still think WL is sticking to his plan and I like it...wish I stuck with my plan
makes more sense than all there customers being losers/deadbeats