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He just bought shares to his own "scam" company. That hardly ever happens with scams. This scam is so good, Even the CEO believed it. lol. Hey, what's that coming down the track. That looks like Santa in a big ol' Cadillac.
Well we sure have been good, so he should.
MMEX
That was back when mining operations were popular. they've since moved on to block chain(when that was popular), and now mj(because that's popular now). IMO. No real business here with RMRK, but you might make money along with RMRK if the stock price goes up. That's RMRK's business plan.
Its not going up. Not that hard to deduce.
So, if they could split, they would?? That's not encouraging. If at first you don't succeed, try try again I guess. Not to mention the questions around why the first attempt at a split was denied... . I've been watching this stock for over a year now. I had a position a year ago but got out when it was at around .0011 I think. I don't think this is a real company. A couple of attempts to "reverse merge" with a Block Chain Co (which was popular at the time... now mj (which is popular now). That seems fishy to me.
Oh, the video. Right. I'm sorry, but I don't give any creditability to that video. If some do, that's their prerogative. It just didn't seem legit to me.
Looks ready for a RS. 2 Billion shares and nothing to show.
So 20 mil more shares equal roughly 50 mil in total. How much will the refinery be worth??? I fail to see the problem here.
Stay calm.
MMEX
Its been a long and winding road longs, but I think we've arrived at the big reveal. Its going to be awesome. IMO
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I've got a few million just in case it does move, but real information is scarce for ELTZ other than what they tweet. On the other hand, RS is a verifiable real company. I'm optimistic.
Well he does have 2 subscribers on his tube channel. That's more than 1 and can be classified as multiple subscribers, or several.
"Tangentially related?" Come on man... keep it clean. You're on a respected public forum. SMH.
Everything you said before you said "none of that really matters", really matters. IMO
MMEX
Hey PC, is that near the MMEX refinery site?
k. My bad. That explains the buying frenzy.
Where's the warehouse located? I must have missed the warehouse location part in the presentation. Hey, best of luck. I really hope there is a warehouse somewhere.
I hope you're correct. But nothing is verified. This was just my take on it. All the best.
Just watched the video. This is as scamy as scamy can be. First block chain... now marajuana? come on folks. They're not even trying to make this look legit. The last few sentences puts the emphasis on encouraging share purchase, not the company's product. Buyer beware. IMO
I have no idea where all the mobey went, but what would MMEX possibly be sued for?... building an oil refinery a little later than anticipated? The current PPS not withstanding, this is still a going concern. Why build roads to an empty field? Wait for it, or sell. IMO
Shut what down? The oil refinery project? Hurd won't do that because he understands how important it is for the economic vitality of his district. Its needed. This is proven by the fact that MMEX has an off-take agreement. And, as production increases over the next few years the MMEX refinery will be needed even more. Have you heard about the green technology that will be used to power the refinery? Apparently this information is quite "out there." Award winningly "out there."
MMEX
Did they actually buy Pirate after? Are they currently partners with Carter County Resources? I may be missing something, but I can find no real evidence of either. Now they're going to buy some oil fields?? Financials should be great if all true, but... .
Happy Thanksgiving my American friends. Enjoy.
What do they have a permit for?
MMEX
Its got real land, real road, real permits, real people, a real EPC contractor, real train tracks that run through its property, registered as a real company, not a shell risk (verified), etc... . Its real.
MMEX
Here's an analogy to help you understand how the article applies to MMEX. If New Zealand farmed most of the sheep and therefore produced most of the available wool for decades. But then sheep farmers in the US began to grow more sheep, and consequently produce more wool, to rival New Zealand. The new wool industry in the US (lets say Texas) would need more services, shepherds, rustlers etc. to maintain the growing industry. Same with oil. Get it? The abundant sheep population, and all this new wool, would need feed and land and factories etc. Every aspect of the sheeping industry benefits.
MMEX
Folks get all in a huff about "deadlines" not being met. Its all in the terminology. What folks are referring to a deadlines are more aptly called targets. Large construction projects NEVER go as first projected, or second or third projected for that matter. There are always adjustments to be made. Targets are not always met... surprise!!! HOWEVER, eventually the job gets done. Ive witnessed this with much larger projects and for much larger companies. So folks, my advise is to do your OWN homework, buy some shares (if you wish to), and wait for it to get done. It will get done. The refinery will be built IMO. Jack is not a scammer IMO. He's working it through to fruition IMO. Stay calm. As my HS phys. ed. teacher always said, "a cool head always prevails."
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Ya'll got it right on there CJ.
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I'm flabbergasted myself. lol
MMEX
Big risk/big reward stocks like MMEX are not for the weak minded or faint of heart. They best stay on the sidelines so as not to get hurt during the run-up; that's about to happen!
MMEX
And rightfully so. these are ridiculous prices for a company that has land to build a refinery on, a permit to build it, a supply (its right next door to an oil field), an off-take agreement, a contractor etc. etc. etc.. All this at less than a quarter of a cent currently... that's ridiculous and will not last long. Financing pending and now that EPC is straightened away, its soon. IMO.
MMEX
Nice post!
People are crazy. lol. Well, I wish I could say its me, but I'm tapped out with the millions that I have. Just sittin' and waitin'. Bigger news to come me thinks.
MMEX
"inked"
MMEX
They look like the "get 'er done" type. I think we've finally arrived at the pivotal point. Fun and games from here.
MMEX
I've had a few million here for a few months now. Its nice to see some news from the company. Hopefully they're telling us the truth. Some updated financials would tell the tale. Since they're considering another big purchase, financials should be good. It would be pointless to announce a LOI to purchase, and shortly after show proof that they cannot purchase.
I'm guessing Jack doesn't have internet. Has no idea what folks are saying. Just keeps doing what he does oblivious to the idea that everyone is else panicking . lol
Simple. Because its not garbage.
All these issues with MMEX that the 600,000 lender didn't notice? Suure.
MMEX
Long over due financials must be good to be considering such a purchase. IMO