ETM 1.43% 3.5¢ energy transition minerals ltd

Hap007Who cares?The stock came at the companies capitalization...

  1. 608 Posts.
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    Hap007
    Who cares?
    The stock came at the companies capitalization at $2.00 a share. the company was capitalized at 100,000,000 shares.

    Where is it today:
    The shares are at .016 cents
    And the shares outstanding have been diluted to more than 1.5 billion outstanding at present.

    So to recap, our so called "great board doing a good job" started with100,000,000 $2.00 per share stock more than 12 years ago, they have since through doing their "Great Job" turns the finances of this company from where they started (as mentioned above) into where it is today, shares are at $.016 cents, a significant decline, and our shares have been diluted from 100,000,000 (100 million) to more than 1,500,000,000 (1.5 billion) outstanding.

    They have been working on getting an exploitation mining license since 2008. They failed 5 times over 10 years to get even the first step toward a mining license, an EIA approved. They continue to work on the mining license but continue to today to not have successfully completed and gotten approval for an exploitation mining license. We have no idea when of if they ever be granted a license.

    So in summary, we have a board supposedly doing a "great job", presiding over a mining company who has seen a decline in share price form $2. dollars to $.016 cents while also diluting those shares from 100,000,000. (one hundred million) to over 1,500,000,000. (1.5 billion) which was used to raise and spend more than 250,000,000. over more than the last decade. They continue to have failed to get a mining license, which means they continue to be a mining company that does not have any rights to mine anything. They are a mining company that can't mine anything, can't earn any money from mining, and haven't earned even one dollar from all the money they have raised and spent and all the dilution their doing so has caused we shareholders, we still haven't seen the board that is supposedly "doing a good job" find a way to earn even $1dollar from mining and I have no idea as to when or if they ever will, because ever deadline or goal the company has announced they have failed to meet.
    How much rope do we give these guys before we realize they are the problem, the results I have listed above clearly show they are not the solution at least in my humble opinion.

    Ciao
    Dull 1122







 
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3.5¢
Change
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Mkt cap ! $48.30M
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3.4¢ 3.5¢ 3.4¢ $3.465K 100.1K

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8 621353 3.4¢
 

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Price($) Vol. No.
3.5¢ 193363 3
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Last trade - 15.36pm 07/05/2024 (20 minute delay) ?
Last
3.4¢
  Change
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3.4¢ 3.4¢ 3.4¢ 133976
Last updated 15.36pm 07/05/2024 ?
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