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it was crazy last week. But after reading through the Q, I'm excited about the future of this stock.
This board may become GXXM version 2.0
Thank you,
Now that is something I can agree with. It doesn't seem reasonable that a merger will take place at all. Yet with your comments, having GXXM current again does open the door for many possibilities, they do have the opportunity to move quickly and better their company.
My biggest hesitation for GXXM is that their financials are terribly week. It will take some time before they are a viable company again. Last year they listed that they are a "going concern." I sincerely hope that this is not a merger opportunity for Quad M Solutions.
You are connecting all the right dots so I can see why you believe there is a connection. GXXM recently a 10Q. Still no mention of a relationship with Quad M solutions.
They are forthcoming and truthful of their situation and still no mention of a possible relationship between the two companies.
I find it doubtful.
MMMM has made regular and timely filings overall and has not hinted to this supposed acquisition at all.
After years of stagnating. The company is making changes. Replacing the CEO, installing a new board and gearing up to make changes that will undoubtedly increase shareholder value!
Felix Keller, a member of the Board since October 23, 2017, shall resign as a member of the Board, which resignation shall be executed and delivered to the Board on or prior to the Closing; (iii) Sheldon Karasik shall submit to the Board his resignation as CEO of the Company; (iv) the Board shall approve the appointment of Pat Dileo as new CEO of the Company!
and approve the appointment of Carl Dorvil, Pat Dileo and Derrick Chambers to the Board, joining Sheldon Karasik and Michael Miller, on the newly constituted Board of Directors!
On March 22, 2019, Mineral Mountain Mining & Milling Company the “Company”) entered into two Share Exchange Agreements (collectively the “SEA’s”) with: (i) PR345, Inc., a newly organized Texas corporation (“PR345”); and (ii) NuAxess 2, Inc., a newly organized Delaware corporation (NuAxess”). Pursuant to the SEA’s, which were filed as Exhibits 2.1 and 2.2 to the March 27, 2019 Form 8-K, the Company agreed to acquire all of the capital stock of P345 and NuAxess in exchange of the issuance of shares of Series C and D Preferred Stock, par value $0.10 per share, to the shareholders of PR345 and NuAxess as discussed more fully below.
The entry into the two SEA’s was authorized and approved by resolutions of the Company’s Board of Directors (the “Board”) on March 17, 2019 in furtherance of the Company’s plan to diversify its business beyond its historic mining operations (the “MMMM Mining Operations”), as disclosed in the Company registration statement on Form S-1 that was declared effective by the SEC on March 8, 2019, Registration No. 333-227839.
PR345 is a minority-owned business enterprise that was formed to provide staffing services to a variety of industries as well as back office services including accounting, payroll and a full complement of HR benefits in its role as a Professional Employer Organization (“PEO”). NuAxess serves as a full service financial, employee benefit and insurance consulting company providing health plans and comprehensive benefits to employees of small and medium size businesses.
Upon the closing of the SEA’s (the “Closing”), PR345 and NuAxess will become wholly-owned subsidiaries of the Company in exchange for the issuance of 400,000 shares of newly designated Series C Convertible Preferred Stock (the “Series C Shares”) as follows: (i) 200,000 Series C Shares issuable to Sunlight Financial, LLC (“Sunlight”), a Texas limited liability company and the control shareholder of PR345, owning 75% of its capital stock; and (ii) 200,000 Series C Shares issuable to IDH Holdings 2, Inc. (“IDH Holdings”), a Delaware corporation and the control shareholder of NuAxess, owning 75% of the capital stock its capital stock.
https://www.sec.gov/Archives/edgar/data/66600/000147793219001377/mmmm_8ka.htm
We may actually have a gold mine. Literally!
We need a perfect storm of news, new buyers and this stock will hold up as it really deserves.
A real company with a real story like CMGO will be successful overall as time moves forward but we are all hoping this gives out a huge near term opportunity to get some of what we have been waiting for a long time
Next to Oil and Base Metals, Gold is a great commodity! In today's market place we are overwhelmed with the next great thing and what technological advances are going to change the world. Meanwhile, I like MMMM because it is sticking to the basics. It's fundamental of Gold, they have introduced new revenue streams as to not become obsolete but I think the management is slowly addressing their flaws.
Of course. They are starting to put out more news. Exploring new revenue streams. This has the potential to be a big stock!
https://finance.yahoo.com/news/mineral-mountain-mining-milling-company-222759348.html
Lesson learned!
Thank you, will track better in the future.
Do you all know that they have diluted about 200 million shares since first of Jan.?
Nice move!
Today wasn't much of an opportunity. I'll be prepared to go in next time there's a similar opportunity.
Nice!!! SBES 9% v189,3M c.0023 f814,080,630
Thanks,
I will check these out!
It's accumulation time because when the revenues start coming in from the live deals and deals becoming live we will not see this PPS again. Also, we know that more news is coming...
Good Evening to all. VRUS Moving nicely from bottom left to top right and that looks good on the chart.
Agreed
VYST Stock price back on it's way up folks.
KRFG 20% v28M c.0047 f34,939,804 Nice EOD move yet could be a head fake.
Thanks for the info
Thanks for the Share
ICYMI
$FMCC News Article - Freddie Mac: Tax Incentives Set to Drive Multifamily Investments in Opportunity Zones https://marketwirenews.com/news-releases/fred...61974.html
The litigation may be perceived as a pot of gold. But indeterminate from an amount and timing.
The real pot is the product line. Those products will produce revenue and profits over an extended period of time. I assume that they will phase sequentially over the next few years.
Litigation dollars will be the icing on the cake.
The $30M seems like a minimum amount as they have $5M to PGNX upon approval and this only leaves ~$2.5M per month for 10 months. Fine’s $90-100M estimate seems more a best case and definitely more than the minimum to get to revenue. My thoughts are somewhere in-between would be ideal.....maybe $40-50M. If they can get a big upfront payment of $100M that is great but will likely be tied to lower royalty than say if they get $30-50M. I would prefer them not to walk on a thin line as they have a lot of trials to complete and I wouldn’t want financing to slow them down.
I’m sure they have a good idea of what the expected burn rate will be, but they have been a little too optimistic at times.
Great find! Certainly, like an opportunity to perform a deeper dive on a company.
I couldn't agree with you more.
Thank you for sharing.
The Small Asian Nation With Big LNG Plans
By Tim Daiss - Mar 13, 2019
https://oilprice.com/Energy/Natural-Gas/The-S...Plans.html
The Small Asian Nation With Big LNG Plans
By Tim Daiss - Mar 13, 2019
https://oilprice.com/Energy/Natural-Gas/The-S...Plans.html
The Small Asian Nation With Big LNG Plans
By Tim Daiss - Mar 13, 2019
https://oilprice.com/Energy/Natural-Gas/The-S...Plans.html