Map updates Below you will find the Share Structure as reported in the last 5 reports. Notice that the last 3 reports the float has remained virtually unchanged at 3,431,629,891 shares. The OS has remained in check sitting at 6,559,333,224 shares. Many have wondered how the concessions are being paid for read the bottom paragraph. Compania Lithium Investments Limitada negotiated capital with a 3rd party without effect to MMTE or its shareholders.
The lithium map is updated, you will find Pan American's concessions pinpointed with the Posco plant locations noted. The Comment section has recent news and the top comment is share structure. This weekend I will focus on MMTE's neighbors. We are expecting the annual (2011) at month's end. I expect some great updated info to come from that.
As of 12/31/2010 5,000,000,000 Common shares authorized. 4,996,950,787 Common shares outstanding 2,447,902,132,Common shares in the float
As of March 31, 2011 15,000,000,000 authorized common shares 4,996,729,891 issued and outstanding common “CA” shares 3,431,629,891 common “CA” shares in the float
As of June 30, 2011 15,000,000,000 authorized common shares 6,446,812,558 issued and outstanding common “CA” shares 3,431,629,891 common “CA” shares in the float
On May 13, 2011, the Company completed an agreement to acquire a controlling interest in Compania Lithium Investments Limitada in a stock exchange. Under the agreement, the company acquired 99% of the capital stock of Compania Lithium Investments in exchange for one hundred twenty five million (125,000,000) shares of the Company’s common stock. The shares of stock acquired were owned by Mr. William Lieberman, the Company’s President and majority shareholder. Compania Lithium is intended to be an operating entity in the business of mining and wholesale distribution of lithium and other minerals.
As of September 30, 2011 15,000,000,000 authorized common shares 6,559,333,224 issued and outstanding common “CA” shares 3,431,629,891 common “CA” shares in the float
Compania Lithium Investments Limitada acquired these projects as a result of an Asset purchase agreement that was signed between a Canadian-Chilean based investment holding company unrelated to Mammoth Energy Group or its shareholders or management.
This is only my opinion, not an endorsement to buy or sell anything. Buying stocks is risky; you could lose all of your investment. Always do your DD.
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