Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
WOW, MMEX on The TXOGA Website News&Facebook Pages!>
Texas Oil & Gas Association (TXOGA) is a statewide organization of over 5,000 members representing all facets of the Texas Oil & Gas industry
Great publicity. Its buzzing in Texas!
https://www.facebook.com/TexasOilandGasAssociation/?hc_ref=SEARCH&fref=nf
https://www.txoga.org/?s=mmex
Jack Hanks CEO of>MMEX>>commented>“the>refinery>is>progressing> *****smoothly>and>rapidly>*****and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
MMEX Resources Partners with KP Engineering to Design, Build Crude Oil Refinery in Permian Basin
AUSTIN, TEXAS, March 29, 2017 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering (“KPE”), an energy industry leader in engineering, procurement and construction (EPC) solutions, announced today a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
On March 7, MMEX announced plans to build a crude oil refinery in the Permian Basin near Fort Stockton, Texas, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational.
“We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin,” said Brandon T. Steele, Chairman and CEO of KP Engineering. “KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately.”
MMEX and KPE also announced today that KPE plans to subcontract with Interstate Treating, Inc./RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.
Hanks concluded: “MMEX Resources is committed to delivering an American-made, state-of-the-art refinery that brings significant economic and job opportunities to the Permian. We’re proud to work alongside KP Engineering, Interstate Treating/RAMA and the Pecos County community to bring the Pecos County refinery to life.”
EXPECT VALUATION SOON, Tic Toc...>Don't Be Out!
***** 9 HUGE Catalysts will Drive MMEX>Towards>Dollars!>
1-Permits,,,,
2-Valuation,,,
3-Financing(Revelation of Financer),,,
4-Construction,,,,
5-Coverage of the Construction by Local Media,,,,
6-National Media attention,,,,,
7-Response/Endorsement from Federal Gov.
8-Ribbon Cutting ceremony,,and Commencing of Operation
9-Revenues
PERMITTING STARTED!>On April 13, 2017, MMEX Resources Corporation (the “Company”) entered into a Master Services Agreement with Trinity Consultants, Inc. (“ Trinity”) engaging Trinity to file and process the necessary Texas Commission of Environmental Quality (TCEQ) and EPA Region 6 Prevention of Significant Deterioration (PSD) /New Source Review (NSR) Construction Permit and Title V Federal Operating Permit which, if successful, would give MMEX the governmental permissions to build its proposed $450 million, 50,000 barrels per day capacity crude oil refinery in Pecos County, Texas (the “ Refinery Transaction” or the “Project”).
MMEXCELLENT!
(4) On April 13, 2017 the Company entered into the agreement with Trinity described above.
The Company has received several requests from its stockholders for additional information regarding the status of the Pecos County Refinery Project development and accordingly discloses the following information:
(1) On February 20, 2017 the Company entered into a purchase and sale agreement (the “PSA”) for the Project location which consists of 500 contiguous acres located on the Texas Pacific Railroad, about 20 miles northeast of Ft. Stockton, Pecos County Texas in the southern part of the Permian Basin. The Company plans to commence the week of April 17, 2017, the survey on the land and other due diligence. The closing date on the land is on or before 180 days from the date of the PSA which was February 20, 2017.
(2) On March 25, 2017 the Company entered into an EPC Contract with KP Engineering, LP (“KPE”). KPE will perform a scoping study, to design and engineer the Refinery. The scoping study, once approved by the Company, will lead to a more detailed FEED study, which is a front- end engineering and design study. This will give the Company more detailed cost numbers and product slate output. The FEED Study is estimated to take another 90 days from the date the scoping study is approved. The EPC Contract provides that KPE will be the EPC contractor to construct the Project.
(3) On February 27, 2017 the Company entered into a confidential engagement letter with a consulting firm to assist the Company in designing the marketing and refined product distribution plan.
(4) On April 13, 2017 the Company entered into the agreement with Trinity described above.
(5) The Company has entered into confidential discussions with a Permian Basin mid-stream crude oil and pipeline supplier to supply the 50,000 BPD of crude oil to the refinery and to build a gathering pipeline to the Refinery plant inlet.
(6) The Company has entered into confidential discussions with investment banks to become the financial advisor for raising the debt and equity for the Project.
Jack Hanks CEO of>MMEX>>commented>“the>refinery>is>progressing> *****smoothly>and>rapidly>*****and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
MMEX Resources Partners with KP Engineering to Design, Build Crude Oil Refinery in Permian Basin
AUSTIN, TEXAS, March 29, 2017 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering (“KPE”), an energy industry leader in engineering, procurement and construction (EPC) solutions, announced today a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
On March 7, MMEX announced plans to build a crude oil refinery in the Permian Basin near Fort Stockton, Texas, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational.
“We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin,” said Brandon T. Steele, Chairman and CEO of KP Engineering. “KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately.”
MMEX and KPE also announced today that KPE plans to subcontract with Interstate Treating, Inc./RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.
Hanks concluded: “MMEX Resources is committed to delivering an American-made, state-of-the-art refinery that brings significant economic and job opportunities to the Permian. We’re proud to work alongside KP Engineering, Interstate Treating/RAMA and the Pecos County community to bring the Pecos County refinery to life.”
MMEX management team has more than 30>years>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 has a contract on a>250-acre>property>next>to the Sulfur Junction Spur of the Texas Pacifico Railroad, about 20 miles northeast of Fort Stockton. The rail line starts in San Angelo and runs to the border town of Presidio and then into Ojinaga, Chihuahua.
http://www.bizjournals.com/austin/news/2017/03/09/austin-company-plans-to-build-450-million-refinery.html
MMEX on The TXOGA Website News&Facebook Pages>HUGE!>
Texas Oil & Gas Association (TXOGA) is a statewide organization of over 5,000 members representing all facets of the Texas Oil & Gas industry
Great publicity. Its buzzing in Texas!
https://www.facebook.com/TexasOilandGasAssociation/?hc_ref=SEARCH&fref=nf
https://www.txoga.org/?s=mmex
"MMEX purchased the rights to the project>from>Maple>Resources>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. "
MLGT: News release on China social media merger pending>
Expecting a news release for US investors at any time.
Great op for MLGT current investors to load up on whatever is left of the tiny 24M float.
NOTE: SnapChat gearing up to make their Spectacles product available for China SnapChat like services?
http://www.businessinsider.com/snapchat-china-office-spectacles-2016-12
***** 9 HUGE Catalysts will Drive MMEX>Towards>Dollars!>
1-Valuation,,,
2-Financing(Revelation of Financer),,,
3-Permits,,,,
4-Construction,,,,
5-Coverage of the Construction by Local Media,,,,
6-National Media attention,,,,,
7-Response/Endorsement from Federal Gov.
8-Ribbon Cutting ceremony,,and Commencing of Operation
9-Revenues
OUTSTANDING DD POST!> Iluvbbs Member Level Saturday, 04/01/17 08:11:37 PM
Re: Volcano post# 23557
Post # of 24699
Newly minted MMEX MULTI MILLIONAIRES are going to come of this. To hell with U $RM and O $CP......that's child's play compared to what you have all bought into here.
The float is TINY. Easily under 500 Milly (more like 250 milly) shares. The demand is off the charts with the attention this company is getting this weekend and has been for a month. If you wanna make money, just buy and hold. Flipping is becoming hard even with L2 and the MMS do not have the shares to fill your orders even if you were to wait for 10% to say 25% more than you just had. Don't be THAT guy.
Do you all know the regrets those folks are now feeling from Friday who thought they were getting a good price selling MMEX at .02
Just sell enough till at least a price of $1.00/sh to cover your quarterly "estimated" TAX bill and thank me later.
This has basically been my only stock for close to a month now and I have DD'ed the hell outta MMEX.
Do not listen to the noise about dilution, or 10 BILLY shares, or any of the nonsense that is being bandied about by posters with 10 followers or less and just born on dates of loke the past couple of months. Have any of you ever heard the term "shill"?? Nuff said.
I have been hoping to find a stock like this for many months now .0001 to the moon, baby.
Mr. Hanks to begin with, is a MILTI MILLIONAIRE already in his own right, and he is a DEAL maker. What is going here is only a piece/part of the OVERALL plan.
Mr Hanks not only OWNS Maple Resources OUTRIGHT, he already OWNED MMEX (which basically was an inactive SHELL with a few of its own resources and very thinly traded daily before all this AND if that was not only enough for you all, he already OWNS the 250 acres of land the refinery is to be built upon, but he also already OWNS an additional 250 acre "BUFFER Zone" around the refinery. And now a 165 MILLION dollar annual revenue producing company has joined forces with Mr Hanks to design and build the refinery.
This is also the FIRST refinery to be built in the US in 40 YEARS that this country desperately needs but Mr Hanks intends to build the refinery as "GREEN" as possible with the latest advancements and technologies.
This project has already been reported on Local TV stations. That's YUGE all by itself.
NOW The mayor of the closest town is endorsing the project.
The local citizens are endorsing the project.
It is estimated that 400 new construction jobs will be created almost immediately.
It will take 100 employees just to run the plant but everyone fails to think about or even mention the HUNDREDS of other jobs that will be created by SUB contractors as "support" staff for the refinery operations.
Ted Cruz was co-mentioned with MMEX in a recent interview.
And I could go on and on but I type with 2 fingers and this post is already long enough.......LOL
There is so much more information coming out about this project it is simply mind blowing and honestly, I can not even keep up with my own family and friends accounts and we are going to try to buy 2 milly more shares between us all Monday on any good dips offered.
So all this was just my opinion of known facts so far.
GLTA....Monday is going to be nits just trying to buy shares.
GO MMEX !!!!!!!!!!!!!!!!!!!
Peace
MMEX on The TXOGA Website News&Facebook Pages>HUGE!>
Texas Oil & Gas Association (TXOGA) is a statewide organization of over 5,000 members representing all facets of the Texas Oil & Gas industry
Great publicity. Its buzzing in Texas!
https://www.facebook.com/TexasOilandGasAssociation/?hc_ref=SEARCH&fref=nf
https://www.txoga.org/?s=mmex
***** 9 HUGE Catalysts will Drive MMEX>Towards>Dollars!>
1-Valuation,,,
2-Financing(Revelation of Financer),,,
3-Permits,,,,
4-Construction,,,,
5-Coverage of the Construction by Local Media,,,,
6-National Media attention,,,,,
7-Response/Endorsement from Federal Gov.
8-Ribbon Cutting ceremony,,and Commencing of Operation
9-Revenues
OUTSTANDING DD POST!> Iluvbbs Member Level Saturday, 04/01/17 08:11:37 PM
Re: Volcano post# 23557
Post # of 24699
Newly minted MMEX MULTI MILLIONAIRES are going to come of this. To hell with U $RM and O $CP......that's child's play compared to what you have all bought into here.
The float is TINY. Easily under 500 Milly (more like 250 milly) shares. The demand is off the charts with the attention this company is getting this weekend and has been for a month. If you wanna make money, just buy and hold. Flipping is becoming hard even with L2 and the MMS do not have the shares to fill your orders even if you were to wait for 10% to say 25% more than you just had. Don't be THAT guy.
Do you all know the regrets those folks are now feeling from Friday who thought they were getting a good price selling MMEX at .02
Just sell enough till at least a price of $1.00/sh to cover your quarterly "estimated" TAX bill and thank me later.
This has basically been my only stock for close to a month now and I have DD'ed the hell outta MMEX.
Do not listen to the noise about dilution, or 10 BILLY shares, or any of the nonsense that is being bandied about by posters with 10 followers or less and just born on dates of loke the past couple of months. Have any of you ever heard the term "shill"?? Nuff said.
I have been hoping to find a stock like this for many months now .0001 to the moon, baby.
Mr. Hanks to begin with, is a MILTI MILLIONAIRE already in his own right, and he is a DEAL maker. What is going here is only a piece/part of the OVERALL plan.
Mr Hanks not only OWNS Maple Resources OUTRIGHT, he already OWNED MMEX (which basically was an inactive SHELL with a few of its own resources and very thinly traded daily before all this AND if that was not only enough for you all, he already OWNS the 250 acres of land the refinery is to be built upon, but he also already OWNS an additional 250 acre "BUFFER Zone" around the refinery. And now a 165 MILLION dollar annual revenue producing company has joined forces with Mr Hanks to design and build the refinery.
This is also the FIRST refinery to be built in the US in 40 YEARS that this country desperately needs but Mr Hanks intends to build the refinery as "GREEN" as possible with the latest advancements and technologies.
This project has already been reported on Local TV stations. That's YUGE all by itself.
NOW The mayor of the closest town is endorsing the project.
The local citizens are endorsing the project.
It is estimated that 400 new construction jobs will be created almost immediately.
It will take 100 employees just to run the plant but everyone fails to think about or even mention the HUNDREDS of other jobs that will be created by SUB contractors as "support" staff for the refinery operations.
Ted Cruz was co-mentioned with MMEX in a recent interview.
And I could go on and on but I type with 2 fingers and this post is already long enough.......LOL
There is so much more information coming out about this project it is simply mind blowing and honestly, I can not even keep up with my own family and friends accounts and we are going to try to buy 2 milly more shares between us all Monday on any good dips offered.
So all this was just my opinion of known facts so far.
GLTA....Monday is going to be nits just trying to buy shares.
GO MMEX !!!!!!!!!!!!!!!!!!!
Peace
Link Jennifer Zimmons Rang The NYSE>Opening>Bell>Jan>17th!>
OCMillionaire Member Level Friday, 04/07/17 03:12:31 PM
Re: Diggnun21 post# 35025
Post # of 35661
Rang the bell....https://www.linkedin.com/pulse/wib-rings-new-york-stock-exchange-jennifer-k-zimmons-ph-d-
MMEX!
Jack Hanks CEO of>MMEX>>commented>“the>refinery>is>progressing> *****smoothly>and>rapidly>*****and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
MMEX Resources Partners with KP Engineering to Design, Build Crude Oil Refinery in Permian Basin
AUSTIN, TEXAS, March 29, 2017 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering (“KPE”), an energy industry leader in engineering, procurement and construction (EPC) solutions, announced today a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
On March 7, MMEX announced plans to build a crude oil refinery in the Permian Basin near Fort Stockton, Texas, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational.
“We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin,” said Brandon T. Steele, Chairman and CEO of KP Engineering. “KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately.”
MMEX and KPE also announced today that KPE plans to subcontract with Interstate Treating, Inc./RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.
Hanks concluded: “MMEX Resources is committed to delivering an American-made, state-of-the-art refinery that brings significant economic and job opportunities to the Permian. We’re proud to work alongside KP Engineering, Interstate Treating/RAMA and the Pecos County community to bring the Pecos County refinery to life.”
MMEX CEO, "there’s plenty of financing available">
Quote:
When will you close on the land for the refinery?
We can close at any time up to 180 days. We built quite a bit of time in there in order to finish due diligence. We’ve got to finish up some easements and things like that, so we wanted to build in some time. Other than that, we can really close at any time. We just wanted to know where we’re going to be, and anything else spins off of that with the environmental studies and the permitting.
It’s basically project financing 101. You’ve got to have the location. You’ve got to have the feedstock. You’ve got to have the offtake agreements. You’ve got to have the permits. And with that, ************there’s plenty of financing available************
MMEX Resources has a contract on a 250-acre>property>next>to the Sulfur Junction Spur of the Texas Pacifico Railroad, about 20 miles northeast of Fort Stockton. The rail line starts in San Angelo and runs to the border town of Presidio and then into Ojinaga, Chihuahua.
http://www.bizjournals.com/austin/news/2017/03/09/austin-company-plans-to-build-450-million-refinery.html
"MMEX purchased the rights to the project>from>Maple>Resources>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 management team has more than 30>years>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.
Maple LLC. MOVING 10'$ of Million$>Asset$>into>its>shell>MMEX!
Too funny...20-40yrs is WHEN THE OIL>RUNS>DRY!>NOT>HOW LONG IT TAKES TO BUILD!
Refinery Competition is 2019! GEEEEEEZ
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 purchased the rights to the project>from>Maple>Resources>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 has a contract on a 250-acre property next to the Sulfur Junction Spur of the Texas Pacifico Railroad, about 20 miles northeast of Fort Stockton. The rail line starts in San Angelo and runs to the border town of Presidio and then into Ojinaga, Chihuahua.
http://www.bizjournals.com/austin/news/2017/03/09/austin-company-plans-to-build-450-million-refinery.html
BINGO! Great post> listing>highly>reputable>entities>that>MMEX>has>proven>connections.
Link Jennifer Zimmons Rang The NYSE>Opening>Bell>Jan>17th!>
OCMillionaire Member Level Friday, 04/07/17 03:12:31 PM
Re: Diggnun21 post# 35025
Post # of 35661
Rang the bell....https://www.linkedin.com/pulse/wib-rings-new-york-stock-exchange-jennifer-k-zimmons-ph-d-
MMEX!
Gotta keep reminding folks & newbs need factual info just how gooda speculation MMEX really is.
Jack Hanks CEO of>MMEX>>commented>“the>refinery>is>progressing> *****smoothly>and>rapidly>*****and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
MMEX Resources Partners with KP Engineering to Design, Build Crude Oil Refinery in Permian Basin
AUSTIN, TEXAS, March 29, 2017 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering (“KPE”), an energy industry leader in engineering, procurement and construction (EPC) solutions, announced today a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
On March 7, MMEX announced plans to build a crude oil refinery in the Permian Basin near Fort Stockton, Texas, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational.
“We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin,” said Brandon T. Steele, Chairman and CEO of KP Engineering. “KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately.”
MMEX and KPE also announced today that KPE plans to subcontract with Interstate Treating, Inc./RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.
Hanks concluded: “MMEX Resources is committed to delivering an American-made, state-of-the-art refinery that brings significant economic and job opportunities to the Permian. We’re proud to work alongside KP Engineering, Interstate Treating/RAMA and the Pecos County community to bring the Pecos County refinery to life.”
MMEX CEO, "there’s plenty of financing available">
Quote:
When will you close on the land for the refinery?
We can close at any time up to 180 days. We built quite a bit of time in there in order to finish due diligence. We’ve got to finish up some easements and things like that, so we wanted to build in some time. Other than that, we can really close at any time. We just wanted to know where we’re going to be, and anything else spins off of that with the environmental studies and the permitting.
It’s basically project financing 101. You’ve got to have the location. You’ve got to have the feedstock. You’ve got to have the offtake agreements. You’ve got to have the permits. And with that, ************there’s plenty of financing available************
Quote:We’ve got two major power lines that come right through the property. That’s another significant factor for us. Power is readily available.
OUTSTANDING DD POST!> Iluvbbs Member Level Saturday, 04/01/17 08:11:37 PM
Re: Volcano post# 23557
Post # of 24699
Newly minted MMEX MULTI MILLIONAIRES are going to come of this. To hell with U $RM and O $CP......that's child's play compared to what you have all bought into here.
The float is TINY. Easily under 500 Milly (more like 250 milly) shares. The demand is off the charts with the attention this company is getting this weekend and has been for a month. If you wanna make money, just buy and hold. Flipping is becoming hard even with L2 and the MMS do not have the shares to fill your orders even if you were to wait for 10% to say 25% more than you just had. Don't be THAT guy.
Do you all know the regrets those folks are now feeling from Friday who thought they were getting a good price selling MMEX at .02
Just sell enough till at least a price of $1.00/sh to cover your quarterly "estimated" TAX bill and thank me later.
This has basically been my only stock for close to a month now and I have DD'ed the hell outta MMEX.
Do not listen to the noise about dilution, or 10 BILLY shares, or any of the nonsense that is being bandied about by posters with 10 followers or less and just born on dates of loke the past couple of months. Have any of you ever heard the term "shill"?? Nuff said.
I have been hoping to find a stock like this for many months now .0001 to the moon, baby.
Mr. Hanks to begin with, is a MILTI MILLIONAIRE already in his own right, and he is a DEAL maker. What is going here is only a piece/part of the OVERALL plan.
Mr Hanks not only OWNS Maple Resources OUTRIGHT, he already OWNED MMEX (which basically was an inactive SHELL with a few of its own resources and very thinly traded daily before all this AND if that was not only enough for you all, he already OWNS the 250 acres of land the refinery is to be built upon, but he also already OWNS an additional 250 acre "BUFFER Zone" around the refinery. And now a 165 MILLION dollar annual revenue producing company has joined forces with Mr Hanks to design and build the refinery.
This is also the FIRST refinery to be built in the US in 40 YEARS that this country desperately needs but Mr Hanks intends to build the refinery as "GREEN" as possible with the latest advancements and technologies.
This project has already been reported on Local TV stations. That's YUGE all by itself.
NOW The mayor of the closest town is endorsing the project.
The local citizens are endorsing the project.
It is estimated that 400 new construction jobs will be created almost immediately.
It will take 100 employees just to run the plant but everyone fails to think about or even mention the HUNDREDS of other jobs that will be created by SUB contractors as "support" staff for the refinery operations.
Ted Cruz was co-mentioned with MMEX in a recent interview.
And I could go on and on but I type with 2 fingers and this post is already long enough.......LOL
There is so much more information coming out about this project it is simply mind blowing and honestly, I can not even keep up with my own family and friends accounts and we are going to try to buy 2 milly more shares between us all Monday on any good dips offered.
So all this was just my opinion of known facts so far.
GLTA....Monday is going to be nits just trying to buy shares.
GO MMEX !!!!!!!!!!!!!!!!!!!
Peace
LOL, I spoke to Jen Z.>Thur>A Spindletop Gusher>Of>Texas>Tea> News>on>the>way>up>the>drill>hole>to>blue>sky's>at>anytime>now.
MMEX gonna be a GUSHER!
WHY ENDV WILL BE BIGGER THAN $OWCP>AND>$USRM>ADDITIONAL>NOTES>
StockWhale Member Level Sunday, 03/12/17 12:54:43 PM
Re: None
Post # of 6796
WHY THIS WILL BE BIGGER THAN $OWCP AND $USRM ADDITIONAL NOTES
First and Foremost if you haven't yet ACTUALLY READ Prophetable's DD that he did, please do so. This thing is BEYOND undervalued. My own personal EPS Estimate puts this at $5.00 maybe more by EOY.
Here are some additional things not covered in Prophetable's DD:
Meanweimeraner:
Now look up the dates from when the company first announced these strategic investors, pre-clinicals, and uplist to a major exchange...
No coincidence that these "health care professionals" are quietly backing this company and its shareholders value just A FEW MONTHS before the 21st century cure act took effect (January 16th 2017) when for the first time stem cell therapies are eligible for FAST TRACK APPROVAL.
Hmm. Quite obvious that the company WOULD identify these "strategic investors" if the goal was to "bloat or pump up" $ENDV share value...
For all we know this group reps billions...just saying big fish kept anonymous on situations like this. Because if identified PPS would never have seen these lows. For all we know they are not only retiring all convertible debt but ALSO retiring current outstanding shares.
Strategic anonymous health care professionals retiring all convertible debt, coincidently announced within a month of 21st century cure act ;)
But why let PPS fall so low to retire conversions...? Because they're not just retiring debt... but reducing the float significantly... how else can one be so confident in uplisting to the Nasdaq?
Only needs a float of what like 1.5million to meet requirements? ;) with restricted o/s they will also still meet mkt cap requirement.
$4.00+ coming no other way to uplist. A R/S WOULD NOT change the mkt cap soooo... If some "accredited health care investor group" is putting up $15-20mil to prop this up to proper valuation then I AM IN. No other way to put it other than they said uplist to a "national exchange".
IMO they start throwing money at this now. Wedge broken reversal is here float is on lock down folks now scavenging for shares
We will see .06 and see .10 shortly after. Folks will regret passing up on this. More then they regretted $OWCP This is a whole different monster here. This is a rally with CATALYSTS. Not some forward looking b/s THE 21st CENTURY CURE ACT GONNA MAKE US RICH AS SOON AS $ENDV GETS ORPHAN DRUG STATUS.
$ENDV OWNS ALL RIGHTS TO ELECTRIC STEM CELL REGENERATION. Boom.
Prophetable Additional DD:
Looks like they will win their case against New Paradigm for a breach of contract...wonder how much that is for?!? ;)
3 Reasons: 1.) Keeps facts fresh in minds>2.)>Counteract naysayers>3.)>
FYI Newbies.
Jack Hanks CEO of>MMEX>>commented>“the>refinery>is>progressing> *****smoothly>and>rapidly>*****and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
MMEX Resources Partners with KP Engineering to Design, Build Crude Oil Refinery in Permian Basin
AUSTIN, TEXAS, March 29, 2017 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering (“KPE”), an energy industry leader in engineering, procurement and construction (EPC) solutions, announced today a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
On March 7, MMEX announced plans to build a crude oil refinery in the Permian Basin near Fort Stockton, Texas, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational.
“We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin,” said Brandon T. Steele, Chairman and CEO of KP Engineering. “KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately.”
MMEX and KPE also announced today that KPE plans to subcontract with Interstate Treating, Inc./RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.
Hanks concluded: “MMEX Resources is committed to delivering an American-made, state-of-the-art refinery that brings significant economic and job opportunities to the Permian. We’re proud to work alongside KP Engineering, Interstate Treating/RAMA and the Pecos County community to bring the Pecos County refinery to life.”
Jack Hanks CEO of>MMEX>>commented>“the>refinery>is>progressing> *****smoothly>and>rapidly>*****and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
MMEX Resources Partners with KP Engineering to Design, Build Crude Oil Refinery in Permian Basin
AUSTIN, TEXAS, March 29, 2017 (GLOBE NEWSWIRE) -- MMEX Resources Corp. (OTCPK: MMEX), a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering (“KPE”), an energy industry leader in engineering, procurement and construction (EPC) solutions, announced today a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
Jack W. Hanks, President & CEO of MMEX Resources Corp., commented: “Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project’s EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project.”
On March 7, MMEX announced plans to build a crude oil refinery in the Permian Basin near Fort Stockton, Texas, subject to the receipt of required governmental permits and completion of required debt and equity financing. The state-of-the-art refinery project, with plans to export crude oil, fuels and petroleum products to western Mexico and South America, would generate approximately 400 local jobs during peak construction and approximately 100 permanent jobs upon becoming fully operational.
“We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin,” said Brandon T. Steele, Chairman and CEO of KP Engineering. “KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately.”
MMEX and KPE also announced today that KPE plans to subcontract with Interstate Treating, Inc./RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery, allowing for the Pecos County refinery to be constructed using U.S.-sourced materials and equipment.
Hanks concluded: “MMEX Resources is committed to delivering an American-made, state-of-the-art refinery that brings significant economic and job opportunities to the Permian. We’re proud to work alongside KP Engineering, Interstate Treating/RAMA and the Pecos County community to bring the Pecos County refinery to life.”