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MMEX is going down the tubes. Can't even hold half of a penny. No 8k for financing. Each week it is always another week away.
Dang, looks like a signal MMEX bad news is coming and to dump MMEX shares, all because of the fake news and pics.
You mean the main MMEX office that is empty. The same main office that a PROponent of MMEX person verified and stated was empty. You mean to say that an entire market is wrong! You know, the market that currently has MMEX valued at .0043, yes that is less than HALF A PENNY!!!! Good DD!
OOOOPPPPs, PPS still continues to drop and will continue to drop regardless of how many shares are left to "dump" on the market. All this talk about there's only so many left is futile. This has been going on for A YEAR. Wow, only a hundred million or only 50 million, doesn't matter. Just millions and millions and millions more being continuously dumped and more TOXIC LOANS on the way with more people saying, only a hundred million left to DUMP on the market diluting it even further. 220 MILLION is 220 MILLION regardless of if they are almost done or not.
So your saying they pissed away a years worth of rent on an unused unstaffed office. Wow, good call MMEX. Way to spend those toxic funds. All so they can say they have a "presence" or an "office".
Yep, the current PPS is indicative of what the town and market think of their "EMPTY UNUSED OFFICE".
If financing was even close to being achieved, the PPS would not be at .0044. Yes that is correct not even A HALF OF A PENNY, holy smokes, that can't even hold a half of a penny on all those wonderful shareholder letters, with all those stupendous "mile" stones. MMEX, spending a nickel to keep you entertained and hooked for the hopeful dreams of a dollar.
You obviously are very diligent and good job but have you been by the office? Anything going on there?
I've been doing the same and NEVER has it took a year for financing. Based on my substantial experience this is way past do and with his very questionable history (seriously, INKIE entertainment, you gotta love the switchup). Too many thing don't add up. BTW, to the people who go check on the land in their quest for good DD, I applaud you and do not question your fact. But have any of you been by the office?
I' am definitely not with YOU at all. MMEX hasn't built anything, and with the PPS at .0047, holy cow not even a penny, financing doesn't look good either. Maybe after two or three more TOXIC LOANS people might start question good ole boy jackoff hanks. Just curious, how many millions of shares di that flagpole and cookie ceremony cost, or how many MILLIONS of share did that mulcher cost?
People keep posting it's starts with a CDU. That is incorrect, it starts with financing. But sense that has not occurred or even a verified letter of intent, MMEX had to get toxic funding, to grade a road, rent an empty office, build a cheap flagpole and still can't keep the PPS above A PENNY, A FRIGGIN PENNY.
Golly, that's the first time i have that MMEX financing is close, oh wait , no it's not, I've heard it for the past 6 MONTHS. OR was it " MMEX financing is imminent" or "MMEX financing is around the corner" OR "MMEX financing is next week" Dang it, after 6 months of next week or in two weeks or first of the year or mid january I just got confused. Hmmm what is the deadline time frame for you people? There was for me and it passed!
Absolutely, just don't say a CDU is being built or financing is complete, stick to the facts and facts is the pps is in the toilet, I forgot how many toxic loans there now, don't forget the raising of the authorized shares to how many BILLION and the need for more toxic loans as soon as this is delisted because groundbreaking couldn't keep this above a PENNY! a stinking PENNY, that's pretty sad when the market thinks so little of your ability that it can't stay above a PENNY. If actual financing news hits and this jumps past .50 then this whole conversation will not matter.
Absolutely correct, Jack is so smart. So smart that he has received multiple loans, ooops TOXIC loans, so smart he has dragged this out for over a year, so smart MMEX had a ground breaking ceremony and the price has continually tanked since then, so smart MMEX is about to be delisted, so smart MMEX will need to get more TOXIC loans, so smart he has a strung investors along for over a year with NO FINANCING IN SIGHT, so smart he has a group talk about gifted Ford trucks ALL weekend long. So smart, he spend nickels to smooth the dirt out to keep the game going. I agree, he is very smart at "Con Game 101"
Wow, the crazy dumping continues and will continue until the toxic 220 MILLION shares are sold from the egregious toxic loan the MMEX had to get just to put up a flagpole and hire a forestry mulcher and bulldozer for the day.
Dang it seems there are people who understand the MMEX conditions so much that the MMEX PPS is just wrong because supposedly the people know keep buying and buying and buying yet the pps keeps getting lower and lower and lower yet they keep buying and buying. You would think they bought up all the MMEX shares in the world. To say the probability of financing is 100% is like saying the probability of MMEX announcing it in one day is 100% until it isn't! The markets just do not believe in MMEX or the Fantasy of probabilities.
The shareholder letter also gets thrown around a lot, like it means anything at all. Zero facts are and nothing to be held accountable for.
Yep, MMEX sells equal MMEX buys but it's obvious in the PPS there are way more people wanting to exit then to enter hence the VERY VERY VERY VERY VERY, yes there are 5 VERY's, low PPS. Toxic dumping of 220 MILLION SHARES plus whatever else and whomever else they make TOXIC deals with! If this were not the case the MMEX pps would be much higher.
Doesn't take much to get a letter of intent based on conditions being met. Done every day!!
Last time I checked, MMEX financing wasn't even announced "UNOFFICIALLY" in fact just the opposite! Hence the PPS. AND the only reason the PPS is so low has NOTHING to do with manipulation as it does with toxic dumping buy loan sharks, good ole jack had to get! There is very clear to everyone and a complete fact. The market knows what and who to invest in!
No MMEX RS, maybe true but if there is none it is just another reason to get another toxic loan and dump more shares. I'm sure Jack truly has the best interest of shareholders in mind, that's why all the toxic notes. Because he cares so much!
You mean to say after a year and all the so called milestones it is still "UNCLEAR" at this time if we will be able to obtain such financing". WOW, you would think they would be more on the ball after a year! Hmmm, maybe more funding is needed. Maybe there are a few more toxic lenders MMEX hasn't dealt with. Why not, they increased the shares to how many BILLIONS now?
Dirt road for the MMEX refinery, flagpole, take off agreements, permits, shareholder updates (not binding of course) stating no RS, gosh the news just keeps pouring in and the market still doesn't believe a refinery is being built. But I guess the Toxic loan people don't care as they get such a hefty discount they make money regardless. All this is indicated in the current PPS which no one can argue with! etc. etc.
Yep and the same results. NO financing for MMEX and upward movement in the MMEX pps, in fact, just the opposite. Downward trend. But I'm sure we will here from others secret knowledge. Whomever purchased yesterday after hours at .057 must be happy. But we do have a cleared dirt road. MMEX motto, spend a nickel to fleece a dollar!
MMEX is definitely consistent. Everytime there is an update or "new" photos or videos, showing any progress (that is if you can call clearing a dirt path progress), the price drops. Perfect for dumping shares from toxic notes!
It needs to be because the pps keeps getting lower with sudden and dramatic dips even when all these so called progress updates are made. Shareholder letters are nice and good for them keeping their shareholders updated. But it means absolutely nothing to the market and investors who can actually move this stock. The so called whales here seem to have migrated to bluer waters.
Ummm, that's just not true. I own a mulcher. Mulchers do exactly what their names says, it mulches it up into smaller pieces. it is harder to move away or off to the side. A bull dozer works best as the bigger items is easy to push off and out of the way.
A dirt path cleared by a rentable forestry mulcher in the desert is not a " real" wide road". It is a dirt path! Selling millions upon millions of shares to rent a mulcher and to put up a flag pole for a cheesy ceremony that had excessive negative effects on the PPS is not progress, unless you are talking about his personal bank account. So far, it looks like Jack has created a highly lucrative administration "job" for himself.
Sure it is. You can tell by the massive meteoric rise in the MMEX PPS that it is just around the corner. I've been hearing this for almost A YEAR NOW!!!!!!
Sure, you can tell by the way the MMEX PPS is going through the roof. Maybe true, but the market doesn't seem to think so!
The only thing that is for sure so far, is Jack has paid himself a nice salary to keep the dream alive. If financing is ever announced, I would not put it past them to drag the actual "closing" of the financing for a very long time, if it ever happens. Hiring a forestry mulcher takes pennies. So far a lot of shares have been sold for a lot of money that has not produced much.
I would be very interested to see how much money MMEX has received from all the toxic notes etc and how much they have spent on the mulcher, flagpole, land etc without all the funky creative accounting. Just simple add and subtract.
It is blatantly obvious nothing is moving this stock except unequivocal secured verifiable financing! Everything else is just fodder for the toxic dumping!
Amazing how all this progress has been made towards MMEX building a refinery and the last straw is in place needed for financing and the PPS languishes. This does give me pause to wonder why? Is there a few things the Market is waiting on?
1. Financing announcement!
2. If no FA, then what will happen concerning the RS?
The Market knows that talk is cheap in the wild wild OTC world of snake oil companies.
That is correct, nothing MMEX has put out has moved the needle with any substance to keep it up for any substantial amount of time. This has gone on for sooo long no-one with any buying power is interested to here anything other than "Financing is secured" and a certain PPS has been surpassed.
Doubtful financing will not be announced. A better scam would be for it to be announced only to have it denied at a much later date to insure the maximum stock sales! IMO of course. That is how I would do it. It is very easy to get approved to only have it taken away later based on some insurmountable yet seemingly unreasonable need from the lender! Then it will be "But we did all that we could, sorry"
MMEX is the only stock I have ever seen that the pps goes down when supposedly good info hits.
People are fooling themselves, thinking an RS is good, just plain ridiculous.
Yep, you keep saying that and it keeps getting lower and lower. There're eating em so fast it's caused the price to drop. wow!
Can't argue with that post! I guess ED and I have a totally different view of "near future and very shortly"