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xdelivery21

07/24/11 4:41 PM

#74908 RE: #NeverPennyLand #74902

i disagree, i think that .001 is the bottom....surprised 2 million shares at .0009 sold friday. However think about it. the first private place a year ago was at .001. ask yourself, in the past year, has mmte become a better company. have they grown. have they expanded. is there more potential, today? than a year ago? if you said yes, to any of these question. .001 is a steal. in additon, i think the q is suppose to come out any day. which will talk about financing. land deals. and such. it is my opinion, that the lawsuit, is what brought mmte down to present levels. i mean, they just acquired concessions, in the worlds best lithium territory. and people were talking that once that occured the pps would move to pennies. and what happened after the announcement. its at .001. When you look at the lawsuit, you will see that w. liebs is supposedly talking about how mmte would go to a minimum of .05 cents. This was 1 to 2 years ago. Before the finalization of the land deals. One of the reasons that the plantiffs brought this suit, is because they see the potential future windfall of 400 million shares. Say they have inside knowledge of a potential j/v with mitsubishi, that would bring the pps to 1.00. They are looking at a payday of 400 million dollars. If mmte wasnt worth anything, they would be sueing. However, I would like the price to stay around this level, for couple of weeks, because, I want to pick up about 200,000 more shares.