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.
Convenient MMEX PR's when more dilution needed to sell off those toxic notes. Hmmmm. But, it must just be coincidence that the PPS drops after every PR and millions of shares get put out for sale.
So, I'm curious. If Jack Hanks operated a "private" company in South America as is touted by the far extreme gifted ford truck crowd. He must have had private investors. Why didn't he use them instead of the "toxic loans? If he used his own money, which I highly doubt, why not use it now? I don't want to here from either the extreme right or left. Just a nice legit answer would be nice.
Looks like MMEX has stalled for awhile, I wonder what's up? Maybe can't find buyers for the dilution!
Well, if "news" was sooo imminent then it just would not matter what anyone on here does. Interest how they put out emails then the stock takes a big dip as usual!
Crown Bridge, a known toxic lender, is normally used only for pumping purposes.
/quote]
How has MMEX been pumping? How have they made any substantial amounts of money yet? OR, are you saying that they will start pumping it hard very soon? Because according to you, everyone involved from Trinity to KP engineering to the land owner. Don't forget everyone working closely with Jack Hanks and MMEX. You have to divide all that money up or make the shares go to at least a dollar. So, where is the pump or when is it coming?
Looks like all the rumors and facts are being factored into the PPS/quote]
Yes it does, that's why the pps is at .004 from .05 even with all the updates and wonderfully written shareholder letters. No one is gonna jump in here until solid news is out and verified with an 8k.
I just calls it as I see it. Btw, my loss here is 53%. Fact of the matter is we can all bash and pump but neither tactic is doing anything. We have an average of what 4 million a day in sub penny?
If and only financing news is released this will R/S in my opinion. Pretty obvious. GLTA /quote]
Absolutely correct! I don't think anyone can deny this fact any longer nor say that financing has already happened. All the milestones that MMEX has achieved has not moved the pps very well at all. I too am long but I would not like to see anyone else lose money by me touting this a a great play. The market obviously thinks it is a skunk! For now it is!
Absolutely correct. I guarantee if financing was only a week away then we would see it in the PPS already. Everything leaks before its time! Especially something in the magnitude of building the first refinery in 40 years and the stock pps is .005. Once leaked it would be all over the place.
When a company puts out a shareholder letter they should at least have the intelligence to use microsoft word so they could do a more professional job. Poor grammar and bad spelling does not induce confidence!
If financing comes and it only goes over a penny then it's a POS. It was already been over a penny, several times!
Sounds like another post that said they drive by the site every other week and can see the GB site from the highway. Then they went into town to the office and it was closed down and paper all over the windows. Pretty crazy to go all out to refute MMEX and not take pics.
Nice catch. Go MMEX
SCHEDULE 14C INFORMATION
https://ih.advfn.com/p.php?pid=nmona&article=76562464
We are proposing to increase the number of authorized shares of Class A common stock from 3 billion to 10 billion shares.
1. So, far we have not had mindless pumps by MMEX.
2. So far MMEX has accomplished everything they have stated.
3. So far MMEX has received several toxic loans.
4. So far the PPS has tanked from GB.
5. So far MMEX has hired/contracted with a few reputable firms.
6. So far no financing news is in sight.
7. So far there is a RS in the future if MMEX does move this up above .01
8. So far there was a useless GB. Useless, because MMEX has had ample time to put out a PR to explain several events that have taken place.
This leads me to believe that MMEX may build a refinery but it will not include the share structure currently. MMEX is not shareholder friendly!!
Antiquated equipment and the growing need for another modern refinery in Texas by MMEX.
https://www.yahoo.com/finance/m/acec6f87-04f0-304b-b962-79b4ca59538b/ss_largest-east-coast-oil.html
Wow, swearing to God Almighty on your pro stance insider information concerning MMEX is a pretty bold statement. Maybe this stock is headed to $5.13 after all. DRYS did it, why not MMEX?
Don't let the noise of the lies fool you. It is very common for a form 4 to be filled out incorrectly. It can be done by any number of people working for MMEX.
Yep, and it's like we are playing 7 card stud, there are no more cards left and Jack Hanks has four of a kind showing on the board and those other guys only have a small pair face down and their still trying to bluff. I have played poker many many times with people like that and they never seem to realize that you cannot bluff the obvious winner. No matter how much they are smug, confident, twist the information, yell, talk smack. MMEX is building a refinery!
Looking forward to a very green week, next week. Will love it when this hits a dollar on financing commitment.
Sooooo, you go all the way out to the gate and take several pictures claiming nothing is going on. Yet, people who have actually been to the Ground Breaking and saw the site and the flagpole and who actually drove on the road to the site are saying you are incorrect. You also claim to have gone to the office in town and said the windows were covered over in paper and that it was empty. Yet you conveniently provided NO pictures. Yet you take a lot of time to drive out to the gate. Hmmmmmm, who to believe? I think I will go with the people who have actually been to the Ground Breaking and onto the actual site.
Good call on the edwardscott52!!!
I'm buying more shares. MMEX is building a CDU. Great strides have been made by MMEX. MMEX is building a refinery is all over the various oil reporting news websites. MMEX is right on track. Just a few negative posters against 100's positive posters with excellent DD. Go MMEX, looking good!!
Thanks for the update. Fortunately there are people like you without an agenda who share mmex and other connecting information to help others better understand the situation. Unfortunately there are others with a complete agenda in mind, it's obvious and only makes the longs stick to their trading ideas. They have zero effect on people.
Thinks for your opinion but that is just what it is and we just don't care about it!
https://emprestiza.com/ You know the word is out now!!!!!
Ken Ross and Scott Bailey with MMEX, NW Corner Stake of Refinery at Site Visit on September 8, 2017
Scott Bailey hobnobbing with the big dogs at a golf tournament.
http://www.mmexresources.com/project_progress.php
Good call bears!!!!!
We know for a fact Vfuels is involved and a legit company.
1. So, either they are in on the scam. mmex could weasal their way through a scam but not a company outside mmex. Any company would be easily proved they knew it was a scam. Risking everything including severe jail time.
2. They have been scammed. Someone would need to put up a buttload of money for them to even get started.
Also look at the time frame of past events..and how they are connected. This only happens if is legit not by accident. Each one has to lead to the other, if it were are scam it would not be in perfect order.
I left took out some of things accomplished for illustration sake so it would not be so lengthy.
April 18, 2017: Meetings with Investment Banks in NYC.
a. THE BANKS TELLS THEM EXACTLY WHAT THEY ARE LOOKING FOR AND WHAT IS NEEDED. EACH ONE BELOW IS A RESULT OF WHAT THE BANK NEEDS AND WANTS TO SEE. EACH ONE LEADS TO THE NEXT.
May 4, 2017: Letter of Intent executed with Crude Supplier to supply 50,000 BPD to Pecos County Refinery Project.
THEY NOW HAVE A SUPPLY FOR THEIR BUSINESS.
April 27, 2017: Technical Conference Meeting with Strategic Consultants, EPC Company and Environmental Firm.
THEY NEED TO BREAK IT UP IN SMALLER CHUNKS TO SEE PROGRESS AND BRING IN CASH. THEY DECIDE HERE HOW TO DO IT.
June 13, 2017: MMEX announces plans to build a 10,000 BPD Crude Distillation Unit as Phase 1 of the Pecos County Refinery Project
THEY ANNOUNCE IT HERE.
June 13, 2017: MMEX announces $3M equity agreement with Crown Bridge Partners, LLC
THE BANK WANTS THEM TO HAVE OTHER FUNDS INVOLVED, THEY ALSO NEED OPERATING MONEY.
June 26, 2017: MMEX announces strategic relationship with VFuels, LLC on 10,000 BPD Crude Distillation Unit
THEY GET MONEY FROM CROWNBRIDGE AND IT LEAD TO THEM HIRING VFUELS
July 5-7, 2017: Meetings with Investment Banks in NYC
THEY MEET WITH THE SAME BANKS FOR A PROGRESS UPDATE AND TO SEE WHAT ELSE IS NEEDED AND TO MAKE SURE THEY ARE DOING EXACTLY WHAT THE BANK NEEDS AND WANTS.
July 28, 2017: Closed on Phase 1 Land Acquisition - Pecos County Refinery Project
THE BANKS SAYS IT'S GOOD SO FAR SO THEY CLOSE ON THE LAND
July 31, 2017: Filed Texas Commission on Environmental Quality Permit Application for 10,000 BPD Crude Distillation Unit
THEY GET PERMITS
August 23, 2017: Site survey completed and easements marked for Pecos County Refinery Project
THEY START PREPPING FOR THE IMMEDIATE NEEDS, STEP BY STEP.
October 26, 2017: Road development begins in preparation for the official groundbreaking ceremony on Nov. 17
November 17, 2017: Groundbreaking Ceremony
THEY ARE NOW VERY CONFIDENT OF THEIR FINANCING SO MUCH SO THAT THEY GO AHEAD WITH A GROUND BREAKING!!!!
Will be looking to fill a few more million today at 007s. Read S1. Tells you we’re the shares will be priced. Easiest 100% gain you’ll make. No brainer just buy the borrowed here. Squeeze them to .05
Really, comparing have a million dollar supposed scam to multi billion dollar Bernie and Enron. Wow, talk about a stretch.
Riiiiight so the whole team, everybody involved , many many people, lot's of kahunas, what maybe at least 10 people, at least. Because you have most of MMEX, at least 4 people, then you everyone at crownbridge and then the MM's and brokers ALL in cahoots to make what, 2 million, aka $200K a peice. A chance at jail time, a bad legacy, your family is hated, maybe even a bitter nut job goes psycho and threatens and or kills you and your family because they were scammed out of their family savings/investment.
Hmmm let's see, or I can go ahead with this multi billion dollar play on a fantastic idea that is extremely needed and most assuredly wanted. The type of idea the President is gunning for. An idea that every piece of the puzzle is fitting into perfectly. A goal that is being taken step by step and can easily achieved. In fact such a great idea that other companies want to do the same exact thing only picked a bad locations or may be in the works of doing the groundwork for a great location somewhere else.
Yep good call. $200K maybe even $300K heck I'll say $500K each OR A continuous cash cow until you retire, plus you leave behind a legacy plus you have family members working in the cash cow. No chance of jail time or threats by angry investors and law suits. America is happy. All ends well.
Riiiiight so the whole team, everybody involved , many many people, lot's of kahunas, what maybe at least 10 people, at least. Because you have most of MMEX, at least 4 people, then you everyone at crownbridge and then the MM's and brokers ALL in cahoots to make what, 2 million, aka $200K a peice. A chance at jail time, a bad legacy, your family is hated, maybe even a bitter nut job goes psycho and threatens and or kills you and your family because they were scammed out of their family savings/investment.
Hmmm let's see, or I can go ahead with this multi billion dollar play on a fantastic idea that is extremely needed and most assuredly wanted. The type of idea the President is gunning for. An idea that every piece of the puzzle is fitting into perfectly. A goal that is being taken step by step and can easily achieved. In fact such a great idea that other companies want to do the same exact thing only picked a bad locations or may be in the works of doing the groundwork for a great location somewhere else.
Yep good call. $200K maybe even $300K heck I'll say $500K each OR A continuous cash cow until you retire, plus you leave behind a legacy plus you have family members working in the cash cow. No chance of jail time or threats by angry investors and law suits. America is happy. All ends well.
Absolutely. What some people fail to consider is that someone has to be buying all these note conversions. Coupled with the fact that although millions of shares are being put into the market, the PPS has held up very very nicely! Simple economics 101. Supply and demand. Every time the supply tapers off and even though the demand has remained the same the PPS starts to rise. If their was no demand and to supply continued this should have tanked well below what it is today!
Jack has filed on time. He has also accomplished everything he said he would on time. So, no reason to doubt he will not have financing in place this quarter. Look at page 41 and the goal he has set. No reason not to believe it!
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12358706
We know you truly live in the area. Thanks for info and updates that actually have facts backing up your statements.
Thanks for verifying that MMEX will be built and for showing the pictures of where. Those pictures of the gate and well travelled road to the refinery site were a nice touch.
Pretty cool people providing pics that verify the refinery site!
Nice gate and the road looks extremely well used.
I think this needs to be removed. The " I moD who posted It cannOt verify iT.
Someone posted that they thought MMEX PPS would hit $.04 upon announcement. Seems extremely low imo. That is the final obstacle, why would it not go over a $1
Where do you think the shares go to? Hello, gotta be a buyer for every seller.
"There is absolutely zero, as in none, nada, zilch, of any OTC issue ever making it into the refining sector. "
1. It's not like refineries are built everyday by anyone, DUH.
2. Not one, zero, nada, zilch shred of evidence in this post, only opinions!!!!
"What is the point in having a long position, in MMEX, if it is clear on a factual basis that no financing will ever be secured? "
1. It definitely is not clear that they will not get financing. Thanks for pointing that out. Everyone on this board believes they will get the financing except you! Yep, your the only one, hahaha.
2. What's the point in investing in a long position. TO MAKE MONEY!!!!! DUH
I've yet to hear or see any plan that gets these utilities to the site. let alone any roadway improvement plans. /quote]
I'm soooo sorry Jack Hanks forgot to include you in his planning committee, maybe next time!!