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I think the land projection is based on a case study done by the Chilean government during the late 1980's? Realistically the tonnes and numbers may possibly be higher due to time and new technologies.
The last two moves would have shown better appreciation if they came later in the chain of moves. Then again their plan hasn't unfolded. Financials with a forecast would probably create the kind of interest we all want to see, because the company would become more realized.
The way I see it:
The good thing for shareholders is, the stock is at its best buy point of the year (by a large margin). On the bad side, right now this stock isn't making money but losing. If you need money, MMTE isn't helping you. For investors the question becomes what to do while in the under .0001 price range?
I never thought we'd hit .0004 bids; but I am an optimist prime. Of course I believe people are manipulating this stock down for their own gain. Nevertheless, this stock is only stuck in its current region because: only so many people know about it. Plus shareholders have enemies. Some are currently in court according to public records. The company also has 6.5 billion outstanding shares with the right to expand to 15 billion? Apple has 929.41 million; yet how many more shareholders do they have in numbers?
What will MMTE price get to when it passes Apple in Shareholders on record? Will that ever happen? As lithium interest rise how will that impact MMTE interest?
If you are a Long in the company you have good reason to panic. If I was you I would be prepared to lose my investment. At the same time I would think about the future. I would think about 2020 and how I thought the world would be. I would think about IF lithium batteries would be used in cars frequently in 2020. Perhaps just moderately, or maybe not at all? I'd think about 2030, 2040, and so forth. About cell phones and computers, new technologies, unforeseen uses. I'd think about the amount of lithium needed to supply products in America alone. I then would think about future demand, and how it could influence an increase in price for lithium tonnes, which would also help MMTE.
I then would think about those last two prs and the land, I'd look at the pr's of those specific mines. I would look at what I knew I owned, or what the company claims, and on that alone I'd feel reassured and happy after my research.
I don't think they are diluting but I don't foresee Nat Son producing before 2014. Unless they acquire a producing mine I don't see any revenue coming in? Still, the future potential is bright at .012? I owned SMNG when it was still a pink. I made a lot of quick cash when I bought in at .07 and saw it shoot to .18; I sold and lost most of it before it fell and settled at .04 (on OTCBB I thought it would go up from pinks but did the opposite).
Personally I don't think it's bottomed but I still like it at the ask for a long play. I don't expect a positive year from SMNG but I expect it to turn into a 10 bagger within 5 years.
From my DD they seem legit, they have an agreement with the Vietnam government, but they're still in the developmental and exploration process. Many steps from producing.
Outside of us who has ever heard of MMTE? It's not like Apple. If you talk to your friends about it they'll have no clue about the company. My point is we could be on to something great here; but we're not going to get high upwards volume until new shareholders come along? This news to me is confirmation to us shareholders. It's a re-coating of the foundation and pr's before the bigger news. Thing is few investors know about MMTE now; and we're facing multiple adversities in the present. If the U.S. starts talking energy, and if more attention is paid to lithium in the 4 years ahead, MMTE can really began to move up. Right now we all have to stay focused and remain calm through the 4th quarter. If we keep to our own plans we should come out with the win!
Go MMTE longs
Well they are on trial?
Personally I'm still hoping this closes at .0009
I assume that's due to current law?
MMTE and Lithium: are they a major part of the energy equation?
Yeah when all us longs are millionaires.
Someone give it that last minute kick to .0008
Then tomorrow we can watch it rise into the weekend.
Have any of you consider the fact that the buyback is on? I know we have a lack of information; but let me try putting a positive spin on it?
If they were buying back at .0002 or planning to do a large buy-backs at even .0001 than this no volume could be good? Then they can pump it after and hope to see strides in the pps. To me, the focus is on growing the clients in China and with time pps will be realized. I think if the business model manifests we'll all be ok. Of course if we've been duped...
As for calling JB: There has to be a different number and better way to get in contact with the CEO? I left a message but I have been waiting to hear back before responding here. Truth is, that number hasn't even been updated by Redwood. I'm thinking of giving them a corporate visit but the office is 3 hrs north of me. I'm still hoping for a returned call from somebody, but I'm starting to doubt I will. I don't even think Jim is in contact with that line.
Look at the news releases on this site if you want reinforcement that MMTE is a good buy.
http://www.infomine.com/index/companies/Mammoth_Energy_Group_Inc..html
.0004 on a $25 trade today... These guys just won't stop their manipulation. I hope they pay.
Maybe .0001 is part of their buyback plan?
Oct 19, 2010 10:27:00 AM
2010 GlobeNewswire, Inc.
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DANVILLE, Calif., Oct. 19, 2010 (GLOBE NEWSWIRE) -- S3 Investment Company, Inc. (Pink Sheets:SIVC) today announced that the company has opened a brokerage account in order to initiate a share buyback plan that has been approved by S3's Board of Directors. The company is undertaking the buyback plan as a result of its belief that its common stock is undervalued at its current trading price, and as a result, the Board has authorized the repurchase of up to 500,000,000 shares of its common stock in the open market.
The share repurchase program is intended to be implemented through purchases made from time to time in the open market, and the amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. The purchases will be funded from the company's cash resources and may be suspended or discontinued at any time. The Board may also consider the authorization of the repurchase of additional shares of common stock as market conditions warrant.
"Given the strength of the company's current operations and the future revenue growth expected from the expansion of our Redwood subsidiaries, the Board feels that the time is right to implement the stock repurchase plan," said S3 Investment Company Chairman and CEO Jim Bickel. "Our primary focus will continue to be on the business of our Redwood subsidiaries operating in the greater China market, but we will also monitor S3's common stock trading market on an ongoing basis and evaluate opportunities to improve the company's stock value."
The Redwood subsidiary expansion has included the establishment of the Redwood Asia Fund LP, to facilitate faster capital response to the financing needs of Redwood Capital clients and greater participation in clients' future growth; the formation of Redwood's risk investigation and evaluation division; and the opening of new offices in Ulaanbataar, Mongolia and Hong Kong. Additional acquisitions and subsidiary expansion are being considered as new opportunities present themselves. The company also expects additional news on the progress of current Redwood Capital clients seeking public company listing and financing transactions.
Mr. Bickel added, "None of Redwood's new subsidiary operations require significant capital commitment or a drain on current resources, so we see only upside in each of these areas. The Redwood network in and around China is growing, and we look forward to reporting even more progress in the coming weeks."
What's the best way to get a hold of him? As a shareholder I'll try.
It's dumb to care about the volume so much. If you're willing to sell all your shares at .0005 I bet the volume goes up. Look at all the bids at .0005 and all the ask at .0006. I think we won't see this stock move from .0005-.0006 range until we get the news everyone is waiting on. If it's great I expect the price to up and never see this level again; if bad news or no news than maybe the dumpers are right.
What would be some reasons for the company not buying shares back? They could buy back a billion shares at these prices and help all of us out.
Personally I'd prefer them doing that now vs. after news updates on the subsidies. When a buy back was speculated I think the pps was at .0004-.0003; and they were talking about buying back 500,000,000 shares, right? Is now not a more opportune time? It would also probably get the ticker to start moving pass .0002
If I was JB I would buy back millions to billions of shares at these prices, IMMEDIATELY. I would then put out news concerning the buyback as well as a memo of a future news blitz. I would then watch my share holders value increase; and then in November I'd bust out a news update on Redwood Capital. I would focus on the progress with specific partners and clients, I would be thorough and show the extent of some of our work. I'd make sure to mention the Asian LP Fund, and acknowledge that a search is being conducted for new clients and partners. I'd promise a more thorough showing of planned revenue from all the subsidies in the 1st quarter of 2012. That alone would squash concerns of the companies legitimacy, and lead to a believed spike in the price.
Then within week(s), right when the spike begins to level out, I would drop a Redwood Medical update and attempt to cause this stock to soar near its true value. I'd focus on the progress in the development and expansion of Redwood Medical with it's clients. That alone would probably be enough good news to make everyone here happy. Clearly dumpers would be trying to steal shares; but at that point hopefully they'll be unsuccessful.
Between all of that I would expect new levels; and just when all the Longs get out of the red and into the Win, I'd release a December update and introduction to Redwood Technologies and the expected income from that subsidy. By showing another stream of income that (some) investors aren't accounting for, Redwood will turn itself from a questionable pink to a dream stock to own.
Obviously JB knows how to run this company better than me, but I feel like I just laid out some news ideas already at the companies disposal. They have the tools to grow the pps in the present if they choose, so I don't understand what they're waiting for if it isn't a buyback?
I hope you make bags load before Christmas :)
If you're theory is right then we should see a great run once we hit .001
How much more proof do we need? It's in the pr. Or are you worried about foreign land being leased?
Before online poker got shut down last April, I won a pokerstar Caribbean adventure package online. While in the Bahamas, staying at Atlantis, I befriended some locals who propositioned me about a real estate deal. Because I was a foreigner I couldn't buy land; but they were able to buy land at a cheaper than I would think price, and for a fee they would sign it over to me in a lease for up to 70 years. It seemed like a good deal, but realistically it wasn't the best investment for me. Buying land in Nassu sounded nice; but I live in California and don't want to build there.
Before August I had a million + holding in a jv gold miner; and imo they have a similar to MMTE land situation, and problem dealing with share holders concerns; but their land is in Sierra Leon mostly. Anyways. The key with them is they have the rights to a 140km of land around a known gold producing river. They have started dredging and finally have begun producing. But back to MMTE, Can anybody honestly argue that they think the land owned is worth less than the pps?
Correct me if I'm wrong but less than 7 billion shares are outstanding? Most of us agree MMTE controls 16,000 + acres? If share count appears to be going to 15,000,000,000 then let's imagine where the company will be when it's at 15,000,000,000 shares o/s? Will MMTE be in possession of 16,000 acres when that happens or will the number be higher and over 50,000?
I imagine the company getting to 15,000,000,000 shares by making deals that booster share holders value... Deals like 6 Salars in Chile for 125,000,000 shares. Later on I expect news that will cause dips and panic like, "Trucking group X agrees to supply Mammoth Energy Group with equipment needed an exchange for 150,000,000 shares at .0001."
If and when PRs like that happen, where will this stock be? Where will it go from current pps in a year? Will any of us still be around? What about when we're talking about shipping?
New posters at that time will be mixed. Some will think they're geniuses because they got in under a penny. Others will be freaking out and questioning everything. They'll even question the CEO's legitimacy and make him into a crook causing pps to dip.
These are just theories though.
What I do know is America is moving towards new technologies in energy; and lithium and MMTE have an opportunity to be a part of the answer. Being that Mammoth Energy has the goal to supply and answer the paradigm in America's energy need, I will say they have a chance at succeeding. Regardless I expect gains from this point.
Not much sense. It would be amazing if we could see .0003 today.
People act like MMTE isn't doing anything but they are. One thing we all know is they are acquiring land. We all know this to be true if we dare to believe the PR's? People say, "I don't see billing documentation for them paying for the land. Show me this, show me that." PEOPLE, we have a PR that shows them purchasing land concessions for 125,000,000 shares, just look it up yourself. Would someone really sell Mammoth their land for shares if it was purely a pump? From what I read WL is doing his best to move this company forward; but investors and bashers are hounding and blaming him, and I think that effects how he addresses things. Now I think he thinks its best to be quiet until the case settle's; and maybe it would be smart to let the future pr's do the talking.
Imo this stock should be trading over .005 but has been suppressed by fear. If you are long on this stock than I advise you to continually pay attention and watch for facts concerning this company. If ill news surfaces you'll be able to sell when needed, but really think about your investment and what you're trying to do with it. MMTE at .0007 now. What price would make you happy in 6 months? What about 1 year? 3 years? 5 years? 10 years? 20 years and so on?
By the time its 2025 will they be mining the lithium? Will they merge and sell the company before then for a dime; or long before will we all lose hard, and lose are hard earn money like so many pink and pennies before? Do your own DD and be the judge for yourself? I think this is the bottom (.0005) so load up or just hold and hope for the best.
Here's the miraculous premise that tells us all to buy: Many of us assume MMTE has more land than what’s accounted for, but let’s assume and agree that mammoth controls 16,000 acres. Each acre is estimated to be worth $10,000-30,000, so to stay conservative let’s only give Mammoth $10,000 in value for each acre.
16,000 acres x $10,000 = $160,000,000
Bashers will and can claim that MMTE is far from production; but the company’s land assets are valued at over $160,000,000, according to past prs and this premise. Problem with pps is that share holders are worried about dilution; and many have distrust for MMTE’s management, even though they seem to be moving things forward.
Currently MMTE o/s is 6,000,000,000; but just for the sake of argument let’s assume MMTE is going to be diluted to 15,000,000,000 share o/s. Well even under this dreaded dilution we are all looking to make a substantial gain.
$160,000,000 divided by 15,000,000,000 shares = .0106
That’s where we should get even without production. If we ever hit production we’ll be well over a dime don’t you think? Imo things aren’t all bad for MMTE... We just need some positive news to get the pps up trending.
Bet you have a nice count though... If news of what is actually happening takes place we should see a huge gain. Then maybe you can finally reap what you've sowed.
How long have you guys been in if you don't mind me asking? We have to get some of the news we're waiting for before the year ends? Until 2012 I'll remain optimistic. Hoping to see this thing well over .0005
There is no dilution. There is going to be 15,000,000,000 shares, get that through your head. They are going to use these extra shares to make acquisitions. They bought Campania Lithium for 125,000,000 shares. In the end if they decide to not exercise X amount than they should make a PR and then our much higher pps should get another bump up?
Do your best to get your count up on this dip. At least that's what I'm telling myself. =)
Not if they are intentionally suppressing it. From everything I've read it sounds like they know what they're doing overseas. That's why I can't understand how they don't know how to grow the pps.
I wish! I'm the back row but at least I'm on the train.
Did you own this stock before the split? Or when the company went by Kids Germ or whatever ridiculous name they had at that time? LOTS of people lost tons of money on this pick. Heck I think my position on the 1000 shares I have left is over .035. I expect TOPZ to fall under .001 but one day they might really turn profit. Still, since I've owned them I've seen nothing but suspect dealings so I inform you to be careful with your money.
Personally I think if you buy Topz your gambling a lot with your money in the hope of striking oil. If you're seriously looking for a long shot money bagger than I advise you to buy MMTE at .0005-.0008 or rdwd at .0002
But if you really are eager to get a shale play and don't have the money to invest in Chesapeake or one of the other big boys than look at efrdf. It's similar to topz and the stock that led me to Topz. I think its in position to be a success at .4 and finally drilling. It's also near or at its bottom and ahead of topz in all facets. Do some DD and look around. Personally I'd hold off on your bid and try to get in cheaper.
If you copy the link and switch it to English it's easy to get excited: http://www.redwoodcapinc.com/
You see the work they're doing with the Asia Fund and the construction of 4 offices in Mongolia, USA, China, and Tokoyo. I see that and think they're working hard; but like everyone else I'm wondering, where is the buy back and where is the promise to share holders? How has our value been built?
I know the fund isn't divided like that, but if that's the kind of kettle the company is using to invest and partner with Chinese companies than don't you think Redwood is worth more than it's current market value of 1 million? Management seems pissed that the price is so low so they should just buy-back and buy back.
Why would anyone expect a r/s? That's naive and cynical, Redwood has already moved to the next phase. People, share holders, and the board need to use their heads and expect and start growth. I would have already started the buyback. They should buy-back all they can at .0002 and really anything they can under .0005, heck, anything under .001. They have a 50 million dollar fund, subsidies like Redwood Medical and Capital that aren't being accounted for, and a market for their business plan. Personally I think it's a wise decision to accumulate with little doubt if you believe RDWD is a real company that cares about share holders interest. If they're scamming us we're screwed, but if they really are growing business in China then it's a success and a steal at .0003. Simply take their 25 million dollar fund which has been signed and matched with 25 million by a Chinese province. Take that 50 million alone and divide it by all the shares. It's easy to see where this stock has to go, so don't be afraid of the stock price if you believe the news reports and what we hear from management. If they're honest we'll see profits. Right?
$50,000,000 divided by 3,400,000,000 shares = ?
How many shares are outstanding? Forbes shows 6.45 billion others say 15 billion
I think the bottom is .0005 maybe .0004. .0008 and under are loading up points imo.
I don't know who or why anyone would sell at .0005; but I pre placed the order and happily bought the shares. If this stock is a scam we all will certainly lose; but if my own DD is worth a damn then I made a great pick up this morning.
I see .001 as a solid target for the end of the month, and .004 as a more realistic pps. I expect the market to figure the true value out in time which will exceed that. Best of luck to all of us longs!