InvestorsHub Logo
Followers 28
Posts 3998
Boards Moderated 0
Alias Born 10/18/2017

Re: CEOs post# 79453

Friday, 12/15/2017 2:19:02 PM

Friday, December 15, 2017 2:19:02 PM

Post# of 122536
MMEX is clearly, and demonstrably a share-selling scheme. MMEX itself documents this in its most recent 8-K and 10-Q filing.

MMEX is sitting on a series of nine toxic convertible debt deals, representing more than $1-million in convertible wrap-around debt, and more than 1-billion shares of dilution.

There is no opportunity related to MMEX, other than as a loss generation mechanism.

No project financing syndicate would touch MMEX, and there is no financing forthcoming.

As the company itself has documented, MMEX has no IP, no technology, no luminary team, no suppliers, no customers, and its liabilities exceed its assets - it is insolvent, and does not meet the criteria as a going concern. All of this is stated clearly by MMEX in its most recent 10-Q.

On the basis of its own statements, no project financing syndicate would consider MMEX.

MMEX will have project financing.

Which part of this MMEX opportunity needs more verification?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MMEX News