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Strategic Asset Leasing In LEAS
Posted On: 11/30/2012 3:18:13 PM
Post# of 958
Posted By: Kgem

In my last conversation with William Lieberman, the CEO of Mammoth Energy, we talked about the continual drop in share prices.  William was very disappointed that those who purchased Mammoth's convertible debt were cashing in after the restrictions were lifted, and could sell as many shares as they needed to in order to recover their investment.  It did not matter what price they sold at, and this was the reason for the drop.  William blamed these investors for the bulk of MMTE's share price problems.


Interestingly, the current mods on Ijunk are all convertible debt investors, and they are still trying to pump this stock.  Do they still have more to sell, and need to drum up interest with talk of new beginnings if people just hang on and continue to buy?


Buyer be ware.


















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