MST metal storm limited

Metal Scam requires an additional 12M dollars to go into full...

  1. 247 Posts.
    Metal Scam requires an additional 12M dollars to go into full production. The only thing we're going to see this year is a small run of MAUL weapons to be sold to agencies for trial and for marketing purposes. We're likely to see a number of such bulletins relating to MAUL trial sales after August. The MPM date in July is just a request for proposals for the engineering phase, we're likely to not see the award this year (assuming we get it; I believe we will). Where does that leave us by the end of the year? We MIGHT be trading at 0.002 but we won't have any major production contracts (this is just my prediction of course). I don't see this company's share price recovering significantly within 6 months unless a miracle happens.

    I have options that are expiring next year with an excise price of 1.5 cents; I have zero expectations of ever excising these options. At the time, I recall the company telling us how the SPP at the time was such a great opportunity; buy a share, and get 3 options. HA! What a joke ... Metal Scam indeed.

    I see 2013 as a significant pivotal year for the company, as that's when I expect we'll see production orders for MAUL, perhaps the MPM award. We may even see the stock price hit 0.5 cents (with consideration for what Metal Scam claims is in their opportunity pipeline).
 
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Currently unlisted public company.

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