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Kgem

04/10/13 11:10 AM

#117193 RE: daytona45 #117188

Daytona45, I suspect William Lieberman has a minimal footprint in the United States. The MMTE office is a virtual office, so there is nothing really there, and even though MMTE is supposed to have two employees, I am not aware of anyone who has ever seen or heard from this other guy. William has recently purchased property in Florida next to Izzy, so that might be something MMTE shareholders could get. However, we don't know how he structured that purchase. As for concessions, the only ones still listed are those in the Maricunga, but how many times have these concessions changed hands? They were first in William Lieberman's name, then listed under the subsidiary, and on MMTE's financials they are now listed under MMTE. Let me state this again, the Maricunga concessions are the only concessions listed for MMTE in the financials. So what happened to the others? Did we ever really have them? If so, what were the arrangements? William once told me that the concessions were paid for in installments, and full payment would not be made till Chile changed its laws and allowed lithium mining. So this tells me that payment and mining concessions were contingent on mining law changes in Chile, and we know that never happened.