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Thursday, March 15, 2012 2:31:27 PM
Typical MMTE press releases are what MMTE – an inherently high risk pink sheet stock – believes to be sufficient updates for its benefactors, that is, us... its shareholders? What about providing us some meaty updates on what substantive activities MMTE is doing ON THE GROUND in Chile IN THE PRESENT OR RECENT PAST to ensure that the Mammoth Energy Group, Inc. can actually generate a revenue stream in the foreseeable future, not to mention a profit margin? Nope; not there. What about what specific activities MMTE executives are doing IN THE RECENT PAST OR PRESENT to bring value to the company's shareholders - a primary goal of any REAL publicly traded company? Again, nothing of substance in any of MMTE’s ersatz press release "updates."
Shareholders should actually expect MMTE to make REAL, VIABLE, SUBSTANTIVE, VERIFIABLE progress in the above areas; we should EXPECT and DESERVE to know what MMTE and its executive suite are doing with OUR money. (Without credible confirmation otherwise... we must assume that YES, MMTE continues to dilute the O/S and sell shares, which many continually buy to average down in a serious attempt to mitigate our massive and even further growing losses.) We LEND MMTE our money in order to get a reasonable return on our investment in the company within a relatively short time span. MMTE thus owes us at the very least comprehensive, credible, and detailed facts about its monthly, if not week to week, actions designed to ensure we receive that return on our investment. Yes… really!
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