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I'm not the type that looks for the negatives in people.
I try to find the good but actions speak louder then words. WL has not been honest in dealing with investors for he keeps us all in the dark. Everyone has their hard earned money invested with this company. And not just WL and his gang that is looking like a bunch of Con Artist. I sent off all the information I could to a Connecticut state Senator about Mammonth Energy Group and WL. The thing is we have to wait for something negative or unlawful to take place before action can be taking against WL and his group. No one spends over a $1,000,000 to set up a project and bails out for $150,000!! That would be squandering our investment and WL can be held liable.
Buy this stock !!!
Would be like standing on the edge of the cliff.
And as for what we as investors can do at this time.
The focused has been put onto William Lieberman and his group.
I find it will be hard for Mr. Lieberman to explain to the SEC why he spent over a million dollars to set up this venture and he wants to sell for pennies on the dollar. The monies belong to the investors and he has a duty to protect and grown this business. His associates and the people he seems to be in bed with is on record. Everyone needs to just wait for William Lieberman to make a move. And if Mr. Lieberman decides to do something illegal and squander our investment then he will pay. The investors cannot act until William Lieberman makes a move. And if he makes the wrong move then legal action can begin.
The Bottom line is we all need to work together.
I started the process after chatting with several other Mammonth Energy investors who have been here for years. We do not have any other options folks so we must start a process to get the true value of the land when sold. William Lieberman has shown time and time again that he cannot be trusted and I'll work on this as long as I can to get my rightful share of the Chilean land sale. I do not know William Lieberman as others do on this site. I can only go by the facts that I have read and what he has not done. I feel if someone is honest they will tell everyone just what is going on with this company. And the investors have been in the dark for years. Lieberman gives out bits and pieces now and then. He thinks he can string us all along until he figure a way to grab the whole pie and leave us the crumbs. Folks this is never going to be looked at as a Honest way to treat share holders and the owners of the company by the United States Courts. Will solve this for we just have to stay focused and work together.
I'm not trying to offend anyone on here the truth is just that.
When a company withholds information and out right lies to investors you cannot trust them. And or any thing they put out about the company. And for those of us who have been here a long time we have seen the trail of lies and deceit giving to the investors by William Lieberman. Just look at the past news about never going to do a R/S = Reverse Split a few weeks later a massive reverse split took place. Everyone's share dwindled to Penney's on the dollar. William Lieberman has not earned the trust of the investors in Mammonth Energy Group due to his own actions and inactions.
Do some research for I have been here for over 4 years. Lieberman clearly states the $150,000 is for all the land. If you think that William Lieberman and his group is honest your fooling yourself.
Oh Yes I know about the rules and laws for I worked part time many years in the investment field.
And this is the very reason I say this is looking like Theft or investors monies. Lieberman is telling the share holders he is only making $150,000 while one or many of his group starts receiving small payments into a bank account over seas. And when the set up cost for MMTE to do business in Chileis around a million no one in their right mind would give the land away for $150,000. I find this man and his group are trying to ripe us investors off then they should all do time in jail.
Hello Everyone,
The package of information has been mailed to US Senator Richard Blumenthal. I know he will give us advice on how to deal with this situation. I'm also going to contact the media sometime in the future. I'll let them know about our flight with Mammonth Energy Group and how William Lieberman has dealt with share holders. I will not give this out yet but they have a investigation team to do the research to put these people in jail. William Lieberman and his group need to be exposed and that is just what I plan to do. Brining attention to them loud and clear so any judge in the country will put them were they all belong. We as investors have been toyed with way to long and now is the time to put a Stop to how William Lieberman has dealt with all of us. Lieberman may have laid in bed with the wrong people but his dealings will end up costing him more then just money. All of us want this land in Chile to be sold for the value it should be sold. A Auction should be held that is over seen by the US and Chile Government and removing all control of William Lieberman and Mammonth Energy Group.And the money needs to go to the share holders for this is our hard earned money.
Thanks everyone for your help.
I will be mailing a lot of information to Senator Richard Blumenthal from Connecticut on Monday 8, 4 ,2014.
And again we are not at this time looking to start a law suit but to get Mr. Blumenthal's help.
As a group of investors we have the right to receive a far value on the sale of the land in Chile.
The price of $150,000.00 to me says someone is going to get paid under the table while screwing the investors. I worked hard for my money and I'm sure most here have. I want to get Senator Richard Blumenthal to give this information to the people who can go after William Lieberman. I'm sure we can easily show a sales of the 31 k at $150 000.00 is Theft of investors money. And if Lieberman thinks he and his group is going to ripe us all off and not do time in jail they are fooling themselves. I will start with Senator Blumenthal who was also the State of Connecticut's state attorney for many years. And from there if need be will get the media involved with our issue of the small investor being ripped off. And folks this might take some time but I will keep you posted as I receive information. I might be asked to with hold some information to this blog due to pending litigation against William Lieberman. I am going to offer my time to do what ever it takes to get our fare share of the land sale in Chile.
from MJ
I Need to know if anyone has contacted the SEC ?
US Securities and Exchange Commission about Mammonth Energy Group?
And if not a on line form must be filled out before anything can be done about William Lieberman and how he plans to under mind our investment.
I plan to take all the information I have obtained and mail it to Senator Richard Blumenthal within the next 4 days. I did put something's together but receive info from only one investor on InvestorsHub !!
I took a quick look and printed out the June 30, 2014 Quarterly Interim Report. I do not know how it can be legal to do a massive reverse split and then put back a couple 100 million more shares on the books. I'm not sure if what he did is legal. The thing with Penny Stocks the SEC does not seem to give a dame about the small investor. They help the rich so we need to be doing something else to Stop this. Look on Page 10 for he even states it might not be true !!
Let me start by brining up a few facts about Mammoth Energy Group.
I have seen or should I say the lack of information put out by this company. William Lieberman Chief Executive Officer and President of Mammoth Energy Group has not been truthful or kept investors informed on his business dealings. He does not have the legal right to give away company property at a extreme discount without allowing the investors who are the legal owners of the company to vote on this issue first. And Mammoth Energy Groups has posted on their site the true value of this land located in Chile. Their post below:
1.NEW YORK, NY -- (MARKET WIRE) -- 09/01/10
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Property valued
31k acres x $10K = $310 000 000
31k acres x $20k = $620 000 000
31k acres x $30K = $930 000 000
For William Lieberman to state he will accept $150.000 does more then under mind the investor.
I feel any court in our nation will figure out something is not right. I feel Lieberman and his group of co man are trying to pull a fast one. And if this deal goes down you can be sure someone other then William Lieberman will be receiving a large sum under the table of our hard earned money.
The transaction of this size can easily be found and even if it is repeated lower amounts sent over time. Any and all transactions can be found. The thing is we as a group have to step forward and do something about this mess real fast. I have less then several people willing to take a stand at this point to fight this situation.
Please take this info and add on what you know or feel about William Lieberman and Mammoth Energy Group. Then as a group let's look at everything, put it together and get this case going.
Thanks Everyone.
MJ
Everyone Thanks for your input on were the $5 per acre was arrived from.
Let's do this over the next week those who want to add their name to send to Senator Richard Blumenthal in Connecticut. I'll give out my e-mail to those willing to get involved with the issues of what Williams has been doing to the share holders. No one person has all the facts here so let's get together to develop a statement. And let's all agree to this letter to Senator Blumenthal before sending it to him. I do know he is the type of man who would do what it takes to solve our issues with Mammoth Energy Group and Williams. And let's hold off at this time contacting a attorney and putting up money seeing now Senator Richard Blumenthal was the Connecticut States Attorney for many years. Let's all get together and solve this for many people are taking for their hard earned money. Remember that Numbers Speak Loudly the more we have involved the better our chances will succeed.
MJ
That would be the value of each acreage of land.
This is the posted value of land on the site. Everyone needs to make a copy before WL removes it and under sells the land. Most likely he or his co men will get paid under the table. I did not see were the land value for sale was at $5 ? I need that for I am going to see if I can get help from the X Connecticut Attorney General and now U.S. Senator Richard Blumenthal. I will tell him of our dealing's with WL and the lack of information this man has giving us over the years. WL has tired up our money and does not seem to car if he screws us all. Looking for that land value info so please send it to me.
Thanks MJ
Original full DD by Mr.Wowza: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60376058
1.NEW YORK, NY -- (MARKET WIRE) -- 09/01/10
Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that it has signed a Letter of Intent to acquire fifty-one (51%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama desert near Copiapo, Chile.The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels.
Property valued
31k acres x $10K = $310 000 000
31k acres x $20k = $620 000 000
31k acres x $30K = $930 000 000
It Died in a mighty breath and left us just depressed :) DOA
No need for another Reverse Split for there is less then 15 million shares out floating around. And the rest he just needs to retire. No value can now be gained by doing another R/S for it is Williams lack of leadership that has sunk this Penny Stock. Williams will have to pull one out of his hat real quick to keep this stock from dropping to .0001 No News, No Value and No Future here with Mammoth Energy Group.
The Dream continues to be a Nightmare.
William Lieberman still is keeping the investor and owners of the company in the dark!!
The value of this stock is just way to high for there is no basis to have any value over a penny and more like .0001 Just watch this stock is going to really take a big drop soon because of Mr. Lieberman. How on earth is people giving value to something the is running with no hard Facts to were the company is going?
I feel if any thing after being here so dame long is it is looking to be a Big Scam. The man throws out a bone now and then any many on here pounce on it !! Wake up folks for we only have a 50/50 chance here and things are not looking good. To late to get out for I'm already been burned from staying here so long.
Let's all Hope it is Hot for a change.
And or will Williams just take a Big Dump on all of us and we make nothing.
The thing is no one know's and we are all here waiting on time and news good or bad.
The way Williams has operated this company at this point anything is possible.
We might own the property or not and we might own the concessions or not. WL has not been truthful to anyone. The constant lack of information from this man leads one to believe he is a scam artiest. And I'm not saying he is for we do not know the true dealings with Mammoth Energy Group. No one knows if this man has really been working hard trying to deal with the Chile government down there. And or if he is just trying to take us all for a ride. All of the info and facts being presented on this site is a Illusion to me. I have been here over 4 years and I still cannot obtain hard evidence this business is Real or a Big Scam.
The land is own through the Chili mining company
that Mammoth has a controlling interest in. Along with the concession rights to mine the land.
We all have the one Positive thing here
and that is WL might get a good amount for the land !!!!
Now if he gives the investors a far share on our hard earned dollar is yet to be seen.
Everyone makes a valid point for no one knows how this will go.
My point of view is just that mine. I try to show another side for you to look at and research about.
I'm like everyone else just trying to figure this mess out after being here a long time.
Sell your shares now to me would be a fools game playing into the pump and dumpers hand.
They are on here building it up and knocking it down buying on the dip. And you know what I am too and if I loose I loose so goes life. I do not have a financial need were I have to sell my shares. And Yes I did work in Manhattan for a while at abrokerage firm on a part time basis. And I hold Profession licenses but I'm no longer active for I took a early retirement from my full time government position after 25 years of service over a year ago. And about Penny Stocks I'm No expert on them but do a real lot of research and know a lot more then most. I have several friends who do research and invest with me on different stocks. And I'm sure there are some on here that have more knowledge on the subject then I do. I spent my life working hard and long hours just to reach my retirement early in life. Playing the Stock Market and playing the Penny Stocks is just a game for win or loose. Stay Out if you cannot take the Heat for no one win's them all and especially with PennyStocks.
Any Thing is Possible with Penny Stocks.
Some how and some way I have to get one of the politicians in Connecticut involved in the issue surrounding Penny Stocks. And for the most part penny stock investors are average middle class and not the rich. The Small investor is repeatedly being taking by these scams. I will send out a few letters to see if I can get someone in Washington to start giving a dame about the middle class. I feel we have to join together for it will be the only way for the small investors to make money with Penny Stocks. I will start sending out letters but one voice alone will never get the job done.
And a New post from Lithium Investing News.
I could be wrong but that does not matter for MMTE is selling the land.
Chilean President Michelle Bachelet and Mining Minister Aurora Williams have signed a decree to establish a National Lithium Commission that will emphasize Chile’s commitment to opening up its abundant lithium resources for exploitation.
I had several responses to my post.
And everyone makes a valid point for no one knows how this will go.
My point of view is just that mine. I try to show another side for you to look at and research about.
I'm like everyone else just trying to figure this mess out after being here over 4 years.
William Lieberman has not been truthful and or kept the investors informed. Trust will never be there with this man. I too will run if I ever see his name involved with any other business.
Sell your shares now to me would be a fools game playing into the pump and dumpers hand.
They are on here building it up and knocking it down buying on the dip. And you know what I am too and if I loose I loose so goes life. I do not have a financial need were I have to sell my shares. And Yes I did work in Manhattan for a while at a brokerage firm on a part time basis. And I hold Profession licenses but am no longer active for I took a early retirement from my full time government position after 25 years of service over a year ago. And about Penny Stocks I'm No expert on them but do a real lot of research and know a lot more then most. I have several friends who do research and invest with me on different stocks. And I'm sure there are many on here that have more knowledge on the subject then I do. The part that Chile needs foreign investment is correct but they can go to public and private lenders for that. Chile does not need foreign mining or investment company's to buy up their land and mine the products from the ground. Country's like Chile have no problem throwing out foreign investors and taking over the land or business. I spent my life working hard and long hours just to reach my retirement early in life. Playing the Stock Market and playing the Penny Stocks is just a game for win or loose. Stay Out if you cannot take the Heat for no one win's them all and especially with Penny Stocks.
Look we are dealing with the government down there who does not like outsiders.
I believe this is the very reason why WL decided to sell the property and get out why the getting out was still profitable. The people want the jobs and they want their own country men to own the property not the rest of the world. I feel this committee is going to see if it can be profitable to kick everyone out of their country. I have to say this just might be the one time William Lieberman is doing the right thing for all of us.
That is not good news !!!
Let's hope we are not being taking for a ride !!
The retiring of 3 Billion shares still leaves 7.81 billion.
The share count needs to be down around 10 million. I think it is great that they are retiring a large amount. I have always said iBrands is really looking to become a great company. I cannot see a way to really get forward traction until the share count is at or around 10 million. I have been investing many years in Penny Stocks and they all seem to go the same way. Start out with a massive amount of shares. Then do a massive Reverse Split ( R/S) and from there they either make it or go bust. And I have seen many go bust after the R/S took place. Just like rolling the Dice you Win some and Loss some. I feel with iBrands will all win someday in the future.
iBrands seems to be a sound company
with a lot of future plans. The management team has been up front and honest with investors. And in the Penny world that is rare for most are reap off artist. The problem is iBrands has a massive amount of shares. The stock will never gain any forward traction with out a major Reverse Split. And would have to be in the range of 2000 to 1 or more. Meaning you will only have one share for ever 2000 after the R/S takes place. I would still be a buyer of this stock but realize you will have a long time hold before making a profit. I would say at lest 2 years or more but it looks like it will be worth the wait.
MJ
The price is were it should be due to excessive number of shares.
Moby Dick I see you are not knowledgeable about Penny Stocks.
And if you had any clue you would know a stock will never gains any real traction at the extreme levels it is currently at in the billions. And if you do your research besides using foul language you might learn something. All Penny stocks start out with a massive amount of shares so the company can start building their plan. Once they start getting things in place they have to down size the amount of shares. Once they down size = Reverse Split then can up list the stock and get the value per share to rise. iBrands looks to have a good future. The value will never be there until the shares outstanding is around 10 million share and not over 10 billion. The is just the name of the game for Penny Stocks. Do your research before you invest for if not your going to be shocked again as you will someday with iBrands. .
News is coming......
And that is the one about a massive Reverse Split 2000 to 1 or more.
At this point in Time....
I am better to take the loss if it goes that way then to sell.
No one can get back anything to speck of at this time.
I'm holding and not Folding and if I go down so be it.
I'll wright it off on my taxies and just move onto the next stock.
You just might be right !! :(
I'm still hoping we get something for all the time we have waited.
Rocky,
I see and all I can say is WOW !!!
Sure has put things into a different point of view for me.
And my value has also taking a big drop.
So, are we now at around 15,000 acres of land owned by Mammoth Energy Group in Chile?
MJ
Let's just hope that Time is on our side for we have been waiting a long, Long Time...
I feel in the end will all make out and will all stop being up set with William Lieberman.. Real hard thing to just wait around year after year with no real news. William's created the monster level of hate against him by not keeping us informed. The bottom line is it is our money he has been using to finance his business.
He should have showed us the respect by keeping us informed.
The only way this stock will move forward
is to remove 7,797,827,624 + shares bring it down to 10 million. The dream that investors are going to start buying and moving this forward is just that a Dream. The only one's talking it up are the Pumper's and Dumpers all at the expense of other investors. Don't be Fooled into thinking there will not be a Reverse Split of around 2000 to 1 with iBrands.
Yes ," iBrands " has a lot of growing pains
ahead of it to become a real valuable company.
I like the fact the company is transparent and keeps you informed on what they are doing to grow the business. I'm going to hold this one for the long haul.
Just a Illusion
until the Massive Reverse Split of between 1500 to 1 to 2000 to 1 or more this stock will never fly.
Lot of Pump and Dumpers on this stock site but it is not going to go any place soon. The
Day you wake up to a massive loss of shares is the day things change for this stock. iBrands board
has a good business plan but way to many shares of stocks on the books.
The Problem with Penny Stocks
are the laws are currently stacked against the small investor. No one seems to give a dame if we win or loose our hard earned money. And at this point in time brining on a law suit is not likely going to give us a thing. And other then paying out more of our hard earned money because we got involved with this man and Mammoth Energy Group. The thing we need to do is form a group and work on getting some laws changed so we are not at the mercy of people like William Lieberman. No way on Earth should anyone be able to take our hard earned monies and not keep us informed. Penny Stocks company's should have to post every 90 days as to what they are doing with the monies generated from the sale of their stock. The lack of transparency with Mammoth Energy Group has left a bad feeling for all of us.