News Focus
News Focus
icon url

junkHustler

12/21/13 3:40 PM

#18085 RE: Ecomike #18083

INCORRECT.

Nobody knows this to be true. Its all speculation. That's why its an OTC stock trading at .091 with a recent dip to .047 - a new 52 week low.

The only thing that's fact right now is that Mantra has very little capital as of their latest 10Q.

That's why everyone is looking forward to the next one.

If its not pretty I would imagine the PPS gets cut in half. Again.

JMO & GLTA

Everyone knows this to be true.

icon url

teron31

12/21/13 4:31 PM

#18086 RE: Ecomike #18083

PLENTY OF CASH??? Please explain.

The Company needs millions and they can't even get a credit card without posting cash security. They have over $1MM in short term liabilities and less than $100,000 in available short term assets as of the last 10-Q with an even smaller amount that is liquid.

If the company has raised additional funds it is certainly not public knowledge at this point. Nor are any other "partnerships/collaborations/clients" or whatever other name for a contractor that could be used.

The next quarterly report is going to be VERY DISAPPOINTING to all who are anticipating anything different than what they have seen for the past 5 years!