I stopped by the MMTE board on IFlub tonight, and what do you suppose I seen? Well, a post from Raving Raven again, and this time he speaks from his vast background of knowledge and really shows he is about as knowledgeable as a box of rocks. Read this for a few laughs:
I think with the CLIL assets there is a fee to keep them on records. I think they still exist but the fee wasn't paid on time. (Just a thought, and may not be a fact) . I further think that WL was going to merger with TTXP but that it fell through because he does not controlled that company completely (again just my thoughts) these are only possibilities not proven facts. What I do know is that the RS is fast coming. I think WL thought we would never have to resort to an RS before a merger. But more likely things didn't go his way. So now RS and recapitalization is a fact. Uck
Here is where we will know if we are truely being had. If the RS higher than 50-1 and it shouldn't need to be higher than 28-1 to favorably change the stock structure.
Here is where we will know if we are truely being had. If the RS higher than 50-1 and it shouldn't need to be higher than 28-1 to favorably change the stock structure.
Now please pay attention people. William controls both MMTE and TTXP --- there isn't anyone else, and there is no one he needs to check with or consult with. Raven claims the concessions disappeared because William didn't pay a fee? Really? What fee exactly is this Raving Raven talking about? Did he pull this out of his A$$? Doesn't MMTE have a subsidiary in Chile that handles the concessions? Did this disappear also? Does the subsidiary have something else to do that maybe caused a lapse of memory? Oh wait, the concessions are the only thing this subsidiary was formed for, and it has nothing else to do.
Raving Raven now thinks the merger with TTXP fell through because William just doesn't controll the company? Really? William is in complete controll of this shell which he started up again after he failed with diamond mining, gold mining, and now is into copper. Investors lost everything with these prior adventures, much like what happened with the lithium excursion. TTXP was still millions of dollars in debt when he restarted this company, and then he spent 2.5 million dollars on a pump campaign that so far has not produced the volume expected. This too will need to be paid for, and you guessed it, dilution is the only way.
Finally Raving Raven talks about the reverse split and how it shouldn't be more than 50 to 1. I guess he hasn't done a whole lot of research on William's past reverse splits. But hey, if he can get people to listen, maybe he can dump what shares he and his friends still own so you are left holding the bag while they sneak out the back door laughing all the way.
Don't listen to this pile of crap. William intended to reverse split. Why else did he increased the share structure to between 13 to maybe even 15 billion shares by now (who really knows). Oh, maybe he didn't have control of that either --- that is a good one. ha ha ha ha ha
And what is this about a need to "recapitalize" TTXP? Does anyone still remember the number of times he recapitalized MMTE? Folks should remember that MMTE has no money, and TTXP not only has no money, it is deep in debt and getting deeper because of the pumping.
The good news is, the dumping is soon to follow, and dump he certainly will. Remember, William only has a 20% claim to the production, and there is no production. As a matter of fact, a 43-101 has not even been started, and that will take many months and thousands upon thousands of dollars. No environmental impact statement either, and how much time and money will this cost? There is so much more in the way of time and expenditures I could list here, but by now you must get the picture.
WARNING WARNING WARNING
BUYER BEWARE!!!!!
