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MMEX Resources Corp. (MMEX)

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Last Post: 3/23/2018 1:34:05 AM - Followers: 717 - Board type: Free - Posts Today: 3


November 20, 2017
First Refinery To Open In 40 Years In U.S. Breaks Ground In West Texas

November 7, 2017
  MMEX Resources Corp. now listed on OTCQB Venture Market Exchange 

October 16, 2017
                                     MMEX Resources Corp. to Break Ground on 10,000 Barrel-Per-Day Pecos County, Texas Crude Oil Refinery Unit on November 17 

August 30, 2017
                                                               MMEX Resources Corp. Secures Permit Approval for 10,000 Barrel-per Day Pecos County                                                                                                                            

04 August 2017 
TxDOT Receives U.S. DOT Grant for Rail Bridge Construction 
Texas Department of Transportation 

01 August 2017 
MMEX files permit application for first phase of proposed refinery 
San Antonio Business Journal 

31 July 2017 
MMEX Resources Corp. purchases 100+ acres for Pecos County project 

31 July 2017 
MMEX closes on acreage for new Texas refinery, first in decades 
Midland Reporter Telegram 

31 July 2017 
MMEX closes on acreage for new Texas refinery, first in decades 
Houston Chronicle 

31 July 2017 
MMEX Resources Corp. purchases 100+ acres for Pecos County project 
San Antonio Express-News 

31 July 2017 
MMEX Resources Corp. Announces Land Acquisition for Pecos County Refinery Project 

26 June 2017 
MMEX Resources Corp. Announces Strategic Relationship with VFuels on Construction of 10,000 Barrel-Per-Day Crude Distillation Unit in Permian Basin 

19 June 2017 
MMEX Resources Corp. Secures Equity Agreement for Pecos Refinery 
Midland Reporter-Telegram 

14 June 2017 
MMEX Resources to Build Crude Distillation Unit (Quotes Jack Hanks) 
Hydrocarbon Engineering 

13 June 2017 
MMEX Resources Corp. Reaches Agreement as part of Plan for $450 Million Refinery (Quotes Jack Hanks) 

13 June 2017 
MMEX CEO Jack Hanks presents at Southwest Energy Summit in Roscoe, Texas 

13 June 2017 
MMEX Resources Corp. Secures $3M Equity Agreement, Announces Plans to Start Large-Scale Permian Basin Refinery with 10,000 Barrel-Per-Day Initial Unit 

08 Jun 2017 
MMEX Resources Corporation to present at 9th Annual Southwest Energy Summit 


Authorized Shares a/o September 21, 2017-3,000,000,000
Outstanding Shares a/o September 21
, 2017 there were 1,464,263,078
400M Shares restricted held by insiders... IN LATEST Q +
Key Balance Sheet Info
 Q1/17 Filing

Notes payable, currently in default








Convertible notes payable, currently in default, net of discount of $2,594  at January 31, 2017 








Convertible preferred stock, currently in default



Total current liabilities



Total assets


Between 4/27/17 and 5/24/17, an additional $465,000 in toxic loans were issued      

MMEX Management

Jack Hanks

CEO & Director MMEX / CEO Maple Resources Corp / Director Maple Gas Corporation del Peru

Founder and Former Executive Chairman of Maple Energy plc Board

Jack founded Maple Resources Corporation with its principal location in Dallas, Texas in 1986 to invest in O&G related assets in the US. In 1992, Jack sold substantially all of its existing US-based assets and began to pursue energy projects on an international basis, including O&G opportunities and electric power projects in Peru. Jack serves as CEO and Chairman of Maple Resources Corporation, the privately owned company located in Austin and Dallas, Texas USA. He also serves as Director of Maple Gas Corporation del Peru. Jack graduated with a Juris Doctor degree from the University of Texas (1971) and a degree in Petroleum Land Management from the University of Texas( 1968). Jack is a U.S. Citizen, and resides in Austin and Dallas, Texas.


Omar Hernandez

MMEX Project Manager

Mr. Hernandez is responsible for project management for Maple. He supervised the design and construction of Maple’s Peru Aguaytia gas & power related facilities including gas gathering, processing, fractionation, NGL pipeline and gas transmission and the 175 megawatt gas turbine power plant. His previous experience includes a Project Manager for Freese and Nichols, a Senior Facilities Engineer for Crosstex Energy and a Senior Engineer for South Cross Energy. Mr. Hernandez graduated with a BSCE degree from New Mexico State University and a Master Degree in Engineering from Texas A&M University.


Edgardo Castro Ojeda

Chief Geologist

Former Chief Geologist Maple Energy

Mr. Castro joined Maple Energy in 1992 to head up the oil and gas exploration and development efforts of Maple in Peru. Mr. Castro is a Petroleum geologist with a career in international petroleum. He has five decades of experience, evaluating and drilling gas prospects, in the U.S., Africa, Middle East and Latin America, mainly in Peru. Mr. Castro graduated as a Geologist and Geological engineer from the University of San Agustin in Arequipa Peru and with a master in Geology from the University of Laramie, Wyoming, U.S.A. Mr Castro was the chief geologist for International Petroleum Co. in Talara, Peru, and prior to that was head of the Geology Dept of Perupetro. Edgardo is a Peruvian and U.S. citizen and resides in Houston, Texas.

Juan Jose Munar

General Manager and Director Project Development

Currently, Partner Munar & Munar

Mr. Munar has over 17 years of experience working on the energy and oil and gas industry. He started working for Maple in 1995 and resigned on 1998 when he went to work for Honolulu Cofee Company in Hawaii, USA, where he served as a General Manager until 2001, when he returned to Peru and joined Maple again holding various positions. He was appointed Legal Manager for Maple Etanol S.R.l. from 2007 to 2014. Mr. Munar holds a Law Degree from Universidad San Martin (Lima, Peru) and a Master in Business Administration (MBA) from INCAE Business School (Costa Rica) and from Universidad Adolfo Ibañez (Chile). Juan Jose is a Peruvian citizen residing in Lima, Peru.

Dennis Gauger

Consultant-Accounting and Finance

Mr. Gauger’s professional experience includes over twenty-five years in executive financial management and consultant positions and experience in three offices of Deloitte & Touche, including nine years as an accounting and auditing partner. Mr. Gauger is experienced in a variety of industries, including mining, high technology, and internet. His specialties include: SEC accounting and reporting, internal accounting controls, compliance, mergers and acquisitions, and general business consulting. Mr. Gauger graduated with honors from Brigham Young University with a degree in accounting. He is a licensed Certified Public Accountant in Utah and Nevada and a member of the American Institute of Certified Public Accountants and Utah Association of Certified Public Accountants.

Alexis Hanks

Manager Administration

Miss Hanks joined MMEX Resources in 2016 and is responsible for managing the process of moving new projects forward. Miss Hanks holds an International Business and Economics degree from the University of Denver.



MMEX Resources Announces Plan to Build $450 Million Refinery in Permian Basin

50,000 barrels per day capacity state-of-the-art facility intends to leverage existing infrastructure, bring economic benefits to Fort Stockton, Texas area

MMEX Resources Corp. (OTCPK: MMEX), a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced today that it plans to build a $450 million, 50,000 barrels per day capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.

Located 20 miles northeast of Fort Stockton, Texas, near the Sulfur Junction spur of the Texas Pacifico Railroad, the 250-acre facility intends to utilize its connection to existing railways to export diesel, gasoline, and jet fuels; liquefied petroleum gas; and crude oil to western Mexico and South America. Once completed, the Pecos County refinery will be one of the first oil refineries built in the United States in more than 40 years.

Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “The Permian Basin is the largest continuous oil discovery in America and has experienced exponential gains in daily production volume recently. The existing facilities and pipeline networks are largely unequipped to handle this growth and are limiting where products can be transported. By building a state-of-the-art refinery along the region’s existing railway infrastructure, we hope to bring a local and export market for crude oil and refined products which will add substantial job and economic growth to West Texas.”

MMEX plans to surround the Pecos County refinery with an additional 250 acres of buffer property and leverage state-of-the-art emissions technologies to yield minimal environmental impact. It also expects to feature closed-in water and air-cooling systems, which will require very little local water resources. Construction is slated to begin in early 2018, following the permitting process, and the facility is projected to begin operations in 2019.

The company anticipates the 18-month construction process will create approximately 400 jobs in the area during peak construction, as well as foster a significant number of indirect jobs and revenue for companies in catering, workforce housing, construction, equipment and other industries. Once operational, the facility is expected to provide an estimated 100 permanent jobs and generate substantial tax revenue for Pecos County.

The MMEX management team has more than 30 years of experience building and managing multi-million dollar gas processing, pipelines, power plants, refinery and oil and gas operations in Peru and the United States. MMEX purchased the rights to the project from Maple Resources Corporation. As with each of its previous projects, the management team will establish local offices and representatives to keep the surrounding communities informed throughout the construction phase and once the refinery is fully operational.

“MMEX Resources is eager to work alongside the Pecos County community to produce a state-of-the-art facility that opens up economic and job opportunities for the region. The safety of our employees, the neighboring community and the environment are our top priorities,” concluded Hanks.

About MMEX Resources Corp.

MMEX Resources Corporation (MMEX) is a development stage company formed to engage in the exploration, extraction, refining and distribution of oil, gas, petroleum products and electric power. MMEX focuses on the acquisition, development and financing of oil, gas, refining and electric power projects in Texas, Peru, and other countries in Latin America.

The following constitutes a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, which could cause our actual results to differ materially from those described in the forward looking statements. These risks include but are not limited to general business conditions, the requirement to obtain financing to pursue our business plan, our history of operating losses and other risks detailed from time to time in the Company's SEC reports. MMEX undertakes no obligation to update forward-looking statements.

Media Inquiries

Danielle Urban
Pierpont Communications

Community Inquiries

Travis Lawson
Pierpont Communications
Source: MMEX Resources Corp.

News Stories 
Assorted News outlets thru out Texas all over this.... ;
Fox News broadcast stating Judge Shuster stating 400-450 new HIGH paying jobs and also 

" FAST TRACKING" permits. 

Their were 4-5 NEWS stories broadcast Thur out the region !!! A SCAM ?? Lmfao... ;

Senator Ted Cruz weighing in last Friday !!! ;

Exxon/Mobil Involvement... ;

Pres. Trump weighing in last week in the Region ;
Here's just a small SUBSET of Jack Hanks' scams, investor swindles,
and shell games over the past 3 decades:

Mmex mining 
Maple resources 
Latam services 
Infrastructure fund of texas 
Maple management 
Maple project finance 
Collet oil ventures 
The maple gas corp 
Maple water company 
Jre holdings 
Jre finance 
Maple gulf coast properties 
Condor oilfield service 
Maple power resources 
Sting sports group 
Maple carpenter creek 
Montana royalty 
Maple structure holding 
Maple coal services 
Maple werks 
Notre capitol centures 

There are even more. In each case, Hanks has left a trail of busted, broke, and dazed investors he swindled behind. 

Jack Hanks has been a professional conman - swindling investors as his means of generating his income - for over 30 years. 

It's what he does. It's who he is. It's ALL he is and ALL he does. 

So far in this boolsheet story, he's taken three floorless CONvertible debt financings and one $3million (+$80,000 upfront floorless CONvertible note) synthetic floorless CONvertible debt financing styled as a stock offering by pre-registering the shares with an S-1 so that there is no Rule 144 holding period of 6 months required - the debt is floorlessly (with huge discount to market) CONverted directly into registered, free-trading shares and DUMPED into the market immediately - a floorless CONvertible debt deal on steroids! 

Hanks is a crook - has been for over 30 years. It's nott even debatable. 

he's already set up new shells he controls in this scam - so he can shuffle all the peas under the shells into his pocket. It's how he works - and how he swindles since that 1986 crooked scam he pulled with Salt Lake and the Feds.

=========================================================================================================MMEX Site Location 

MMEX Looking South at main entry gate from Gulf Plant Road 

MMEX Looking East toward Titan-Lansing Transloading 

MMEX Looking West toward Flag Pole/Groundbreaking Site 

MMEX Looking Southwest over main site 

Texas-Pacifico Consist backing into Titan-Lansing Transloading, viewed from MMEX Gate (train is backing east-northeast)


Maps of dual pipeline to the MMEX Refinery

Pipeline Projects Move Ahead To Tackle Rising Texas Shale Output Friday, January 05, 2018

This is a map, extracted from the Railroad Commission of Texas GIS site (RCT permits pipelines in Texas) The green lines are natural gas pipelines, the light blue lines are crude oil lines. The red polygon is MMEX’s location


7 BILLION Authorized Share Increase to satisfy Toxic Funding


Current Price
Bid Ask Day's Range
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MMEX News: Current Report Filing (8-k) 03/22/2018 05:16:22 PM
MMEX News: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 03/14/2018 06:08:57 AM
MMEX News: Quarterly Report (10-q) 03/09/2018 08:17:35 AM
MMEX News: Registration of Additional Securities (up to 20%) (s-1mef) 03/01/2018 10:34:53 AM
MMEX News: Current Report Filing (8-k) 02/23/2018 10:08:35 AM
News News Alert: Current Report Filing (8-k) 03/22/2018 05:16:22 PM
PlusOneCoin Top Posts
#92206   MMEX is now in the home-stretch for de-listing jmjjw 03/16/18 04:09:42 PM
#92100   MMEX is a classic pyramid-style investment share-selling scheme, jmjjw 03/15/18 10:13:44 PM
#92780  Sticky Note MMEX BREAKING NEWS...22 March 2018...BREAKING NEWS...BREAKING NEWS... U.S. PTL 03/22/18 11:43:01 AM
#92336  Sticky Note MMEX weekly chart(s).&.Syndication News~~~Down –8.00% for the week tothe 03/18/18 12:48:31 PM
#90868  Sticky Note NO R/S ! big green tractor 03/05/18 01:56:18 PM
#86169  Sticky Note Regarding MMEX's rudimentary Phase I topping unit, as jmjjw 02/09/18 11:46:19 PM
#85497  Sticky Note MMEX is share-selling scheme based on conversion of jmjjw 02/02/18 12:11:21 PM
#36997  Sticky Note Final Warning - Please Read: IH Admin [Shelly] 04/10/17 10:44:00 AM
#92935   That’s. Great. MMEX elks 03/23/18 01:34:04 AM
#92934   Good thing is that if Hanks does not fireballka7 03/23/18 01:01:14 AM
#92933   Radar image of Fort Stockton & Pecos County tothe 03/23/18 12:05:48 AM
#92932   Dang, that really is Monday. Hmmm, tomorrow will mikoli007 03/22/18 11:46:59 PM
#92931   MMEX - absolutely, positively hilarious! jmjjw 03/22/18 11:35:38 PM
#92930   With the refinery being built in Congressman Hurd’s skyzone08831 03/22/18 11:32:24 PM
#92929   Congressman Hurd has a Chief of Staff and DirtyDawg 03/22/18 11:25:50 PM
#92928   I see some here are stating congressman Will Txinvestor1 03/22/18 11:19:37 PM
#92927   Today was a “banner” day for MMEX, wasn’t it? jmjjw 03/22/18 11:13:44 PM
#92926   Will Hurd has done enough DD to the pennyking130 03/22/18 11:11:24 PM
#92925   Lots of people want in like I have pennyking130 03/22/18 11:09:02 PM
#92924   Financing closure imminent notes won’t matter too much pennyking130 03/22/18 11:06:59 PM
#92923   Hurd knows just like us mmex is building pennyking130 03/22/18 11:06:23 PM
#92922   LOLOL! Hanks obtained another $345,000 in toxic financing I-Glow 03/22/18 11:02:50 PM
#92921   Most of the volume was from the toxic I-Glow 03/22/18 10:55:18 PM
#92920   Does Hurd know that Hanks is a serial I-Glow 03/22/18 10:54:03 PM
#92919   Seems as if U.S. Rep. Will Hurd has crowin 03/22/18 10:52:07 PM
#92916   The management of MMEX has until March 29, jmjjw 03/22/18 10:17:03 PM
#92913   That’s pretty cool. Mmex elks 03/22/18 09:06:57 PM
#92912   U.S. Rep. Will Hurd (TX-23) to Visit MMEX’s moniemkr 03/22/18 08:34:39 PM
#92911   No RS / would rather get delisted and STOCKS42812 03/22/18 07:41:08 PM
#92910   He’s definitely smart. Hes has the art of rogerman 03/22/18 07:21:57 PM
#92909   No r/s happening why are people still talking pennyking130 03/22/18 07:05:19 PM
#92908   Nothing of the sort was said, but thanks. CEOs 03/22/18 07:02:35 PM
#92907   Hank thanks you for all your support and Hazerk 03/22/18 06:58:47 PM
#92906   Makes complete sense. Just like they stated in rogerman 03/22/18 06:57:45 PM
#92905   That actually makes no sense whatsoever. Mmex CEOs 03/22/18 06:55:03 PM
#92904   Clearly there is no PR, but did you CEOs 03/22/18 06:54:36 PM
#92903   Only way to get it to .03 so rogerman 03/22/18 06:54:13 PM
#92901   Please show the PR stating that CEOs 03/22/18 06:51:59 PM
#92900   RS starts tomorrow rogerman 03/22/18 06:50:45 PM
#92899   Why not say vista has a kazillion? CEOs 03/22/18 06:10:59 PM
#92898   That’s nice. MMEX. !!!!!!!!!!!!!!!! elks 03/22/18 06:07:04 PM
#92897   Yep, so huge it caused the PPS of mikoli007 03/22/18 06:06:30 PM
#92896   Huge volume today Mmex Kaboooooooooooooooooom $$$$$$$$$$$$$ pennyking130 03/22/18 06:03:26 PM
#92895   Who cares we are building a cdu it pennyking130 03/22/18 06:02:25 PM
#92894   Wow huge news$$$$ pennyking130 03/22/18 06:01:57 PM
#92893   Ok so say vista has 130 mill conservative STOCKS42812 03/22/18 05:58:04 PM
#92892   It’s because it doesn’t matter. Some have CEOs 03/22/18 05:37:46 PM
#92891   Dang, what a sad sad day for the mikoli007 03/22/18 05:35:57 PM
#92890   With equipment coming in for the site build, CEOs 03/22/18 05:29:42 PM
#92889   Looks like the only event this "congressman" visit mikoli007 03/22/18 05:28:53 PM
#92888   Looking forward to paving the access road. You jb55 03/22/18 05:28:29 PM
#92887   WOW...Hanks really screwing investors...Again. Homebrew 03/22/18 05:27:50 PM
#92886   The problem for MMEX (investors) is: jmjjw 03/22/18 05:27:48 PM
#92885   With financing, EPC and progress of the CDU CEOs 03/22/18 05:23:43 PM
#92884   Breaking news - MMEX takes out two more jmjjw 03/22/18 05:21:53 PM
#92883   T Trades Shmee Trades. All will be forgotten jb55 03/22/18 05:14:18 PM
#92882   Volume was in T trades. Thats not a rogerman 03/22/18 05:11:17 PM
#92881   22.6 Million T-Trades...40% of volume..Diluters cashing in. Homebrew 03/22/18 05:10:04 PM