MMEX Resources Corp (MMEX)

[CEOs]

To answer the question about MMEX.

The S-1 shows that the land option to purchase isn't due until Oct 1, 2017. I've done some research and have noticed that other plays (hydro dams) have applied for permits with options to purchase, so it is reasonable to assume this could be the case here with MMEX, as it is the RIGHT to purchase the land for a specific amount. Since Mmex does not have the funds to make the purchase, it also makes sense that the S-1 would need to be effective prior to the purchase. You'll note that the S-1 mentions more than just $3 million. We should see some discussion between Mmex and the sec in a week or so. This represents movement in the S-1, which is KEY. I wouldn't get hung up on the land purchase as it is imo a byproduct of the permit application and success with the S-1