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Excellent comments and questions!
In regards to verifiable information it would have to include proof of concessions held by CLIL. Previously statements were made that it was held by CLIL and not MMTE and they would not release any documentation...but they have no problem releasing proposed concessions!
I doubt many people are going to sell for such a significant loss until later in the year. My opinion is people will hold in hopes this will have one last bounce until the end of the year and then sell for a loss for tax purposes.
The significance of any items posted here is very minor compared to the overall trading of MMTE.
The problem that is being overlooked is CLIL is a separate entity and anything done by them will not influence MMTE at all. MMTE is no longer doing anything to benefit MMTE - it benefits CLIL. Yes CLIL is a subsidiary but it does not benefit MMTE. Has anyone noticed the PPS has dropped since this announcement?
This is a very easy statement to make if you believe in the PRs that have been issued. There is no proof beyond the PRs that has been found to date!
If Chile has record of these supposed concessions then it would benefit everyone to share this information. Unfortunately to date it is all smoke and mirrors...very similar to other Liebs controlled companies.
It is awfully funny that MMTE has no problem filing documents when they want to and they also have no problem announcing concessions obtained by CLIL; however, that is as far as it goes.
There has been no evidence of CLIL/MMTE owning the rights to any land (IE concessions).
Considering the amount of information that MMTE has refused to address it creates more concerns.
I believe that provides an excellent plan for the future of any Liebs controlled company. It is all just a matter of time.
Unfortunately this is becoming just like every other pinky! In fact Liebs has done something - he has refused to comment on the issues and has stated he is not concerned with the PPS. If the CEO is not concerned with the PPS it indicates he is not concerned with shareholders. If a public CEO is not concerned with shareholders there is only one reason for that - selling shares to fill pockets!
You are certainly correct - it is difficult to take a loss and walk.
I also agree that we were all taken - we all believed; however, many are now seeing the truth. At this point it is all about recovering losses.
But Liebs was trained by some really good con-men.
Why do a RS if the PPS is increasing? It wouldn't make sense; however, we have been on a downward spiral for over 6 months so it would make sense to have one now.
In terms of overall market confidence - that is when more people jump into the pinks. During stable times people tend to focus more on the mature markets.
The problem is if it hits 3 then it will certainly hit 1!
Liebs in no way is running a Lithium Company!
The MMTE Way is to ignore it and maybe it will go away. Deny it exists and maybe it will go away! Refuse to comment or address anything negative because it will go away. LOL
Ole Billy Boy will also ban people that bring up any topic that MMTE does not want to hear or read about. Anything that does not support their AGENDA is cause for Billy Boy to ban you. LOL...poor Brian got that catch word started...just had to use it!
I think he has his hands full with other companies. In due time the truth will be exposed but in the interim I hope enough activity comes this way to increase interest enough to begin flipping to recover losses.
It is most definitely a difficult thing to comprehend. I would venture to guess MMTE has enough confusion and has mislead so many that is why those 2 words are used so excessively on this board!
Isn't this still the "biggest scam in history" though? Just curious if anything has changed here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62510710
That certain website mentioned other Liebs controlled companies. Yes that information was very factual if you look at the pumping activity that occurred elsewhere.
For some reason he did not pump MMTE in the same manner.
Those who followed the smart strategy of taking profits along the way and riding the free shares are some of the only ones that made money. Considering this will take some time to rise and it will very likely not be an explosive rise nor a consistent rise I think there will be plenty of opportunity to buy in.
I am stating the very obvious comment of:
"flipping makes you money, holding does not"
Past history indicates MMTE is no exception although many would like to think it is.
This is an excellent play if volume returns and maybe at some point in the future it will in fact turn out to be something real. Until that time flipping will make you money while holding...well...unfortunately no money and back to zero.
Anyone just getting in at 3/4/5 can easily flip to very substantial profits. There was previous proof given where $100 could easily turn into $8-9-10k in the levels seen with MMTE over the past year!
...and unfortunately if this had been held since 3/4/5 this time last year the profit would be minimal compared to if one were to flip it.
You know as well as I do that an increasing PPS and some actual proof of certain aspects would make everyone happy. I hope you are correct.
That is absolutely hilarious - of course Lieberman does not care about the PPS - he and others have already made their money.
Again - the smart money knows to only hold a pink with free shares or until the next flipping point.
Unfortunately there are so many here that have held expecting so much more from Liebs & Co; however, now we are essentially stuck...or take 50-75% losses.
I have read and been told by many smart and experienced investors that averaging down is throwing away good money. Now I wish I would have followed their advice.
I will admit that I was a believer in MMTE and that is why I held to the point of such large losses. It was a very poor investment move but at the time I believed in the DD that I had done. Then there were several things that created questions and concerns and then the lawsuit and once all those were connected and further DD was done well...the rest is history down the drain.
In terms of the big boards - you are certainly correct. I had N**flix for quite some time and managed to get out before the huge drop. I also am in F*RD and will hold it since these are the lowest levels in a very long time!
As my grandfather used to say that is it in a nutshell!
8K Filing Announcing Thomas Neilon as a Director
http://ih.advfn.com/p.php?pid=nmona&article=49146035
There was nothing that stands out as to why it dropped from .04 to .01...other than a general loss of interest.
There were some website issues along the way but nothing major.
It is pretty decent for one on this market.
MMTE has reinforced this to me once again - holding a stinky pinky should only be done to the next flipping point or with free shares. Flipping is the easiest and best way to handle pinks.
Thank you for sharing this information with us. It is much appreciated.
It is yet another indication that Liebs either needs help or there is something far worse going on.
Wow so anyone that clears through Penson is not a real broker...interesting!
Next week we will have a PR revising this statement. Maybe we will even see a series of PRs that address the DTC issue...this will be done imminently!
Unfortunately there has been a lot of pure speculation that was accepted as truth.
The DTC issue is why MMTE cannot trade through Penson regardless of what MMTE convinces others of.
I am certain it is as long as it is not MY money you are spending!
If this were a year ago I could see where dreams are coming true - picking up 3 and 4 to turn around and sell at 30-40 within just a few months!
Considering he is young I can see that being somewhat of an explanation. I question all of the issues and negativity surrounding MMTE and really for that matter...all of the other companies.
All I can say is this is extremely unfortunate. When you compare all Liebs controlled companies there is an evolving pattern and none of it is very pretty. Considering the circumstances I don't know how one Liebs company can be legit while the others are a joke!
Just remember how it was stated that others were scams and did not apply to MMTE...even though Liebs was/is a common denominator! Hmmm....I think the next few months will be a very telling sign!
If this is another scam we will see the continued drop; however, if there is anything legitimate here we will see a stabilized PPS and then some form of increase.
If MMTE does an RS...well...Liebs has previously stated this will not happen...soooooo...
This is certainly not due to JUST ETMM as a retail trader. This cannot be blamed solely on the lawsuit since the drop began prior to the lawsuit!
Over time the facts and inconsistencies are forgotten. The very obvious fact is we have been dropping for more than 6 months now.
Brian served no purpose whatsoever other than to be rude and inconsiderate to investors and create problems.
In terms of the PRs - Liebs wrote them...at least according to Liebs.
The lawsuit came after MMTE was already on the decline so the lawsuit was not the cause of the drop - it may have assisted slightly but it was not the cause.
The anticipations of what Liebs stated as a timeline that failed had a large impact.
The decline was also observed around the same time that Brian came on board. Many realized Brian was a poison - fortunately MMTE finally realized it!
I think you are probably right on with that statement. Since there is money to be made there why wouldn't you spend more time on that rather than one that is fairly stale at the moment...and one where it is not flat lining.
On a side note - what is the possibility of us getting a PR stating MMTE/FXPT/CLIL are joining forces on a common goal in Chile or Argentina? What other of Liebs companies can we throw into the mix?