Saturday, October 21, 2017 9:41:35 PM
They intend to start by building a CDU with designs from vfuels in order to get the ball rolling and generate three types of products which other refiners and fracking operations may be able to use. One who is an expert in the area and a competent person in refining can easily see they if mmex has a customer, those three products can easily be used to help generate cash flow and allow for further development of the 100,000 bbl facility.
If you read the S-1 you can easily see that this is only phase 1 of the plan. I invite you to read further and see how the plan is to eventually ship the products to the Mexican and South American markets.
As many investors know, this is not for the American market as the US has plenty of solid refineries. But in the interim, I'm sure they will find a customer to help proceed to phase 2.
If you have any more questions, please do not hesitate to ask.
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