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he would never be able to raise enough capital by selling those shares on the market , why would he do that to get paid for his Permian property , god he can just sell it private and get his asking price right away , he issued himself those shares as collateral knowing mmex doesn't have the funds to buy that property , now he still kind of owns it and can use those shares as collateral to get the refinery funded and up and running
man some guys are slow , they are issued directly to Jack himself , Maple ressources , and he will hold them as collateral to get funding for this deal , just watch and learn
you don't get it eh , the 7 billion is to issue as collateral , they are held tightly in Jacks hands , why would jack take 7 billion shares of stock worth 0.006 for his privately owned top notch Permian base property , duuuuuhhh
this thing is going forward arte people are not smart enough to see it
Sticky stick sticky this
Thats what i was saying
Nobody invests 280 million in 2014 in the jungle of peru without confidence
Jack is the man this is going forward 100%
There will be assets shortly
Jack hanks and a few others own that land its stated in an article
But its owned by maple ressources which is a major private company also owned by jack
He will move that asset in this shell
Then maybe a few more just to increase the value of the shell
Then he will get all his past financiers on board the ones who financed the 280 million with jack in peru now just an fyi investing and putting money into assets in a foreign country like that is risky so the people who funded that job had confidence in jack hank
Jack will fund a part of it prob not all cause his buddies will want a peice of the pie too cause they know jacks ability
Jacks shares will go threw the roof and he will still own a percentage of the assets
And bamm we are all sitting at a few dollars per share in a few years
Just watch the guy is smart
Oh well sorry
Regardless who found it first i think this info deserves a sticky
Like the guys has the backing financially obviously since he built a 273 million dollar refinery in peru and had multiple assets so honestly after reading all that financing is done deal
This is fckn amazing
Any body read this part
Maple ressources
ultimately acquired assets that included 10 gas processing plants and approximately 770 miles of natural gas gathering lines and transmission infrastructure. In
Read this from 2016 maple ressourcesbis fckn loaded
The MMEX Board of Directors have made the decision to focus the Company efforts into the oil, gas, refining and electric power business in the U.S. and in Latin America. The principal reasons are the following:
? MMEX principal shareholders and directors are also principals in a privately held U.S. oil and gas company, Maple Resources Corporation ('Maple") based in Austin, Texas.
? The MMEX management team has over 30 years of experience in natural resource project development and project financing in North and South America and the U.K.
? MMEX directors and principal shareholders with oil, gas, refining and electric power experience will bring this expertise into the Company.
Management Expertise in Oil, Gas , Refining and Electric Power Project Development and Project Finance Development
MMEX principals formed Maple Resources Corporation ("Maple Resources") in 1986. Maple Resources is a privately held corporation, registered in Delaware, with its principal operating offices in Austin, Texas. It is engaged in the evaluation, acquisition and development of oil & gas , refining, power generation, natural gas transmission and processing energy projects in the western United States and Latin America. Maple Resources was established in 1986 in Dallas, Texas USA. Maple Resources engaged in a number of oil and gas acquisitions and dispositions and ultimately acquired assets that included 10 gas processing plants and approximately 770 miles of natural gas gathering lines and transmission infrastructure. In 1992, Maple Resources Dallas sold substantially all of its existing US-based assets and began to pursue energy projects in Latin America. Maple Resources went to Peru in 1992 and managed its Peru business through The Maple Gas Corporation del Peru Ltd ("Maple Peru"). In 1993, Maple Peru began developing the Aguayt?a Project, an integrated natural gas and electric power generation and transmission project. This US$ 273 million project involved the first commercial development of a natural gas field in Peru, as well as the construction and operation of approximately 175 miles of hydrocarbon pipelines, a gas processing plant, a fractionation facility, a 153 MW power plant and the related 392 km of electricity transmission lines. The Aguayt?a Project began commercial operation in 1998. Maple Peru also acquired a 4,000 barrel per day refinery in Pucallpa along with 3 producing oil fields. In 2007, Maple Peru was registered on the London Stock Market AIM under the name of Maple Energy, plc .In October 2015, Maple Resources along with its partners took Maple Gas del Peru private with the acquisition of the company from Maple Energy, plc, the publically listed company.
Development Strategy
The new development strategy is to focus on the acquisition, development and financing of oil, gas, refining and electric power projects in Texas, Peru and other countries in Central and Latin America.
Read this guys
http://www.businesswire.com/news/home/20141022006690/en/Maple-Resources-Corporation-Dallas-Texas-Announces-Binding
That tells me jack has alot of money like hevsaid he could outright pay the 450 million
And if he moves his assets in this shell which he owns tons of shares in ( def has 46 million dollars if he can offer to buy somebody elses assets ) this ticker is a life changer
Look at this
Jack is owner of private maple ressources
In 2014 he offered to buy this other company maple energy plc listed on the london stock exchange
They said no
Then jack owns it and all sudden they delist
Jack offered to buy the assets for 46 million
So the guy has money
Plus he sold his stake in a peru refinery for 20 million so in my opinion the guy has a shit ton money
Read it
http://www.businesswire.com/news/home/20141022006690/en/Maple-Resources-Corporation-Dallas-Texas-Announces-Binding
were can I see this , id like to know also
well we are churning nicely in the high 6 to mid 7 , any type news would put us well over a penny
sorry what ? I seen 1 trade for 1 million at 78 , there are more your saying ?
that 10 million purchase just sold me
And there 20 million more buys today
somebody sold 1 shar at 11:18 is that some kind of mm code ?
man I hope we have a kick ass power hr
and why did he sent you thast , what did you ask him ?
No doesnt say that read it
Unless its another screen shot by all means share
Who said pr coming why do u think that
And pr for what
Is this pr coming this week in 3 months ?
Thanks
were does it says ? I don't see it the screenshot is the doc saying that people are spreading false info to drop the share price doesn't speak of a PR
is there one anticipated ?
So why would they paint it up just to drop it monday ?
All i know is its holding up well
The max volume when the first news hit has been creeping down from 50 million plus to 2 million
And ob
Verall trend still up i think we are in gd shape. Cant wait for news of a loi or something juicy
I think its been manipulated today hard money flowing in when sells volume is higher and price going down
I think mm loading the boat
This can hit high pennies given the right news dont sell yourself short just takes time and from the last month this aint over
Hey due little just looked at your chart man theres a lot of indicators more then im familiar with but im curious what does the long trade and short trade diampnds mean
And overall what are your comments on the chart
I wasent happy with todays action i was for sure thinking it was going to uptrend slowly and whats your take on todays fact that all i seen recorded were sells but the mfi went up almost all day ?
I looked at all the trades on ihub there all sells like 98% is sells but if you look at the money flow index its going up
Who is buying
Would that be market makers ? Since its not showing any buys ? Like barely any
i don't think the word is out enough , need to spread the word on all boards , and the thing is , that I think it will be slow until that announce something significant , im holding strong
Like i said lots before
Ceo is not stupid
His ticker is up to date
And hes well vested share wise
He retired 160 million shares to treasury in july/ august and has been strategacly shopping since then
He let the cat out of the bag with his pr and its clearly spelled out
One serious negotiation with 90% chance mjic media and several others this weekend / early week and he did state in all areas of the mj sector
The company is in active negotiations with operating businesses in the cannabis area focused on media, growing, distribution, and retail sectors.
Key word operating buisnesses he wont go give his shares to a company thats not making money
This guy wants to get paid for his work
I was just kidding , you seem like a very inteliggent individual , im a nerd too if that's what intelligent is ( civil engineer ) but I hear ya on your point , I just don't think the ceo would do that and if he does he will pay what its worth , im sure hes going to want to see some type of financial trail before giving all his shares/money away , you need to remember that those shares are his money
plus he stated that mjic media is not the only target , plus plus plus I mentioned many times mjic media hosts that conference 650$ a ticket vip , all sold out so there making money its not just a website that's for sure
oh stop you computer nerd , the ceo is not stupid
people are unreal they had all day to buy those cheepies instead they wait to get a better deal now they are fighting to get shares , man I cant wait to get 50 million in buying volume
I think since the last week , we attracted a new set of investors not willing to let go at these higher prices hence why we are basing at this new level , which is good because when news pops this will attract a new bunch that will push it even higher , if ceo releases a pr on Wednesday/ Thursday , I think Thursday would be best because the 2 last weeks it spikes on Wednesday and consolidates on Thursday/Friday , so a juicy pr after Wednesday spike , I think naturally Wednesday if the trend continues we will be sitting at 6 to 6.5 , if he releases a juicy pr Thursday then we hit a penny for sure and depending how juicy it might keep climbing into Friday , then this will hit all radars and amplify the run just my opinion
cool , and whats the ? volume listed
hey axe , I looked at the trades tab in hub for adhc and theres the buy volume and sell volume all listed with times and all , but theres a column for volume with a ? what does that mean , and the trade is 911 shares , whats that suppose to mean again a 911 trade ? and whats the ? volume
Thanks
I know last week same thingg block at 3
The chart is stair stepping up nicely
im ot worried just holding on until some news , this ceo will make this go up no doubt
Oh shit i forgot something last week i emailed the ceo he told me pretty much that he couldnt say anything but that he would file he quarterly
And so i emailed him again today around 2 and asked if things were still on track and what not and i asked him if he will issue a pr when a deal is struck and if hes still meeting up with those 3 companies
And his response was
Well i filed the quarterly like i promised and he did
And then he said yes
So deals are still lined up and pr will come
Thats all he could tell me he said
So its coming just a matter of time
Thats a good expression mon ami your fluent ? Im french canadian and il tell ya on vas rire les dernier
Sucks to be u look at the chart been bouncing off the 20 day moving average on the monthly chart like clock work and the last 2 weeks spikes on wednesday and consolidates on thursday friday
If news pops up wednesday a penny plus
If not will be at 7 just from anticipation
Dont miss the boat