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Could it be possible it was shorties dumping on fear of pr killing them? As a result causing seller panic as well?
NEWS
MMEX Resources Announces Strategic Relationship with Trinity Consultants on Crude Oil Refinery in Permian Basin GlobeNewswire "Press Releases"
AUSTIN, TEXAS , April 19, 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 , today announced a strategic relationship with Trinity Consultants, Inc. , an international environmental consulting firm that specializes in industrial air quality issues.
Under the agreement, Trinity will assist MMEX with the necessary air quality environmental authorizations to initiate construction of the refinery including the New Source Review Prevention of Significant Deterioration (PSD) permit application required by the Texas Commission on Environmental Quality (TCEQ) and EPA Region 6 , and subsequent Title V Federal Operating Permit. Trinity will also provide broad environmental support comprising preliminary environmental site feasibility evaluation, permitting strategy development, regulatory applicability analysis, and permit preparation, negotiation, and public participation.
Jack W. Hanks , President & CEO of MMEX Resources Corp. , commented: Plans for the Pecos County refinery are continuing to move forward quickly. Our agreement with Trinity, a world class group of environmental consultants who will be vital to securing the necessary permitting for the project, is the next logical step in this endeavor and we are thrilled to have them onboard our growing team.
Brian Burdorf , Operations Director in Trinitys Gulf/South region noted, While the environmental permitting process for a new facility of this type is not inconsequential, our team is extremely experienced in understanding and meeting the requirements. We are pleased to be working with MMEX on this important new project and look forward to delivering exceptional results.
In early March MMEX announced its intention 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.
This announcement was followed by the formalizing of an agreement with KP Engineering , an energy industry leader in engineering, procurement and construction solutions which will engineer, design and construct the planned project, and an announcement that the two parties will subcontract with Interstate Treating, Inc. / RAMA Fabrication, Inc. of Odessa, Texas to engineer and fabricate vessels and process modules for the refinery. The latter announcement allows for the Pecos County refinery to be constructed using U.S. -sourced materials and equipment.
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.
Construction is slated to begin in early 2018, following the permitting process, and the facility is projected to begin operations in 2019.
About MMEX Resources 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 . For more information about MMEX, visit www.mmexresources.com.
About Trinity Consultants Founded in 1974 in Dallas, Texas , Trinity operates in locations across the U.S. and in Canada , the U.K. , China , and the Middle East . Trinity assists mostly industrial facilities with regulatory environmental compliance, specializing in air quality permitting and compliance management. In addition to environmental consulting, Trinitys divisions provide environmental modeling software (BREEZE), implement technology solutions for EHS information management (T3), provide professional EHS training, support EHS staffing needs, and assist the life sciences industries with occupational health science and toxicology (SafeBridge Consultants).
Media Inquiries
For MMEX Resources : Danielle Urban 512-448-4950 durban@piercom.com
For Trinity Consultants : Laura Redmon 972 661-8100 lredmon@trinityconsultants.com
MMEX Investor Inquiries
Please contact MMEX Resources Corp. directly at +1.855.880.0400 or
I will believe it when you tweet it :)
Thats 3 articles already. Why MMEX? I dont see them attacking any other pinky
I sent link to PR firm regarding that new news article. Everyone should do the same. They need to address that. First thing that comes up when you search news on MMEX is those 3 stupid articles.
Actually it was delivered very well since it was after opening and no gap to fill ;)
I spoke to CEO again and advised him of this. Here is his reply.
Will McCusker <will@mccuskerco.com>
|
Fri 4/14/2017 11:11 AM
Ron,
I forwarded this over to our SEC attorney he has the information available.
Ihub is not a good source of information.
Will
Nice video . Looks like Maple has a nice setup on Peru. Looks like they know what they are doing. MMEX!!!!!
You gonna share ? LOL
OTC Markets was also updated.
https://www.otcmarkets.com/stock/ORRV/profile
First off its a pleasure having you here. Thank you for the detailed information. What would be the first sign of progress?
Air permits as someone else stated or financing?
Hugs and kisses CJ. :)
I see that as well . The minute ARXS backs off we move.
Lol. Yet u think. Ceg% is the real thing. I see all u posted there. Thats a pump running off of MMEX. The real thing. BtW
Thats not a hint. U gave him the answer. LOL!!!!
Miami style. I like it. 305. Dale!!!
Thats a good point why selling to the bid when they can make more selling to ask. Trying to keep it down perhaps.
Gang is back ? Be nice now don't want to be sent back to the pokie..:)
RDP! Talks to us brother . We need your wise words..
Sorry brother but I am confused . You stated earlier that you should have bought back in today ? Yet now you are saying it will not go past .01? You sold already and dont have any shares anymore. Yet you are still here ? Whats the deal?
Did u tweet it out??
If that price is true would the ask not adjust to that ?
Yup and more buying... Thats how a market is made .. :)
You don't mess with texas. MMEX!!!
The Stock Market is a device for transferring money from the impatient to the patient.... Wanrren Buffett.
MMEX had as spoiled. Tomorrow you have to open with the nipple thing :)
What your twitter handle?
And the one he likes. Icn@ cant break 2 cents. Go figure. Lol
You forgot about the valuation :)
LOL!!! never though I wanted Mondays too come. But here we are :)
Ain't no sonshine when shes gone... :)
This is why MMEX need to leave OTC ASAP!!!
It can be trading in the $$$ and always someone will say its a scam.
Technically you can call all the pres releases promotions as well :)
No problem brother. I always check that first. They are the real deal.
I use this site to confirm any real pumps.
http://www.theotc.today/
$MMEX does not belong in OTC and it knows it!!!!
What happen ? LOL.. You told me to be nice .. Remember HUG and Kisses? LOL... In miami already .. Always nice here :)
RDP! We miss you brother!! You are our ambassador of quan....