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Re: livingston78 post# 3147

Tuesday, 06/30/2015 10:18:31 AM

Tuesday, June 30, 2015 10:18:31 AM

Post# of 6616
There is some truth to this. MMMW has very few resources. They also haven't announced any contracts although they have alluded to sales.

As far as debt goes, Ricker holds most of that debt and he'd be a fool to call it in and hurt the company that pays his salary so I don't think that'll be an issue at this point.

Money for production is whatever MMMW collects up front + whatever shares they still are authorized to release(IF any). They are still planning on asking for more common stock authorization if I'm not mistaken.

Showing a new design, announcing design completion and suggesting sales is a great way to pump before asking for more share dilution.

I would be a lot more comfortable with all of this if there were more details released regarding these supposed sales. As you can see the share price will not hold gains until sales and revenue are proven. That'll be the only way to know if MMMW is serious about making money.
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