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Re: mspzoom post# 85421

Tuesday, 11/15/2011 7:02:17 PM

Tuesday, November 15, 2011 7:02:17 PM

Post# of 155603
Revenues could include sale of property, sale of mining rights, and any other way to bring in $$$ that arises from business transactions with third parties. So unless MMTE is planning on selling their purported land and mineral concessions, there will be no revenues for quite some time. Furthermore, a company cannot make profits without revenues, as profits are revenues minus costs/expenses.

NOW, will MMTE's PPS rise significantly without the generation or pending generation of revenues, thus allowing one to make a profit of one's investment? Who knows? That's a gamble inherent in all stock speculation. I would opine, however, that if anyone expects to sell their shares for a multi-penny PPS (sans an R/S), MMTE will have to produce regular and substantial revenues.


Whenever executives' greed or misfeasance supersede shareholders' investment interests, that corporation suffers a fatal illness.
-John A. White, 21st Century Economist

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