Replies to post #14784 on MMEX Resources Corp (MMEX)

[HokieHead]

7 billion cannot be sold, incorrect post.

[HokieHead]

"Nominal" value already filed at $345 million, in other words, conservative.

Quote:
the Project Intellectual Property Rights at a nominal valuation of US$ 344,459,120 constituting a share ownership interest in the Company to be determined by a valuation and fairness opinion issued by a third party independent consultant retained by the Company


$345,000,000/2.5 billion = $0.14 PPS

$345,000,000/3.0 billion = $0.115 PPS

$345,000,000/10 billion = $0.035 PPS

MMEX trading at $0.0048.

Simple math..