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Been burned . I feel ya. No worries.. I still have faith there are good peeps in the world :)
Damn kid.. We are all in this together.. Sharing is caring brother!!!
Don't worry when they file the permit you will be the first to know .
:)
How do you know? You speak to him ?? Tell us??? :)
That some shady shizzle my nizzle :)
I think today we cleared all the bad weed out ? :)
Sharing is caring :)
Yeah thanks for that. I am truly sorry fellow board members. That's what happens when you Drink and post..:) I feel like a huge moron.
I hope you call can forgive me.
PS
Don't Drink and Post.. :)
IBRC !!!!
Yep you are right.. :)
GLTA
JET-PILOT is Michael Ogburn
The joke is on us. You are telling me there are more than 1 Michael-Scott-Ogburn in Atlanata that live near IBrands HQ? Oh and also is a pilot?
Read this article at then end it shows address of Ogburn.
http://aviation-business-gazette.com/A4/B63/Pilot-Michael-Scott-Ogburn-Atlanta-GA.html
I did a Google map from that address to IBrand HQ. 20 minutes.
This is crazy..
I sent him a tweet perhaps we all should ?
We cannot assume anything . We have no idea whats going on folks!
We need an 8k.. End of story..
Exactly my point. I want this to succeed like everyone else. I am just pissed off that we are finding out things from other companies PR.. That is wrong.. We should have known first. Now we are all left to guess ? Am I wrong here? No one else feels this way ? Come on.. Someone needs to get on the horn with him and make him send out something ASAP... Not that it matters hes not our CEO anymore . :) Perhaps our new CEO or maybe we will find that out from the other companies PR as well. ROFL!!!!
I got millions... Wont be pretty..
All I know is 8k better come pre-market ..
That much we know. LOL. And we did not even hear it from our own CEO. Thats bad in my book..
We know nothing!!! Not until we get an 8k.
I dont like it and no one should. This is the second time we find out about some news without it being told to us. We are all still in the dark assuming whats going to occur? Not good..
8k should have been released for both companies today!!! This is b.s.
Either way this has messed up my buzz and my weekend. Now I have to think about this until Monday? This should have been addressed..He can still tweet. Anyone get a hold of him?
I dont know but this should have been addressed today. Especially if an 8k was coming out for the other company.
This concerns everyone.
10q posted!!!
Agreed , either way first thing that comes up when you google news. They need to address it.
That is why I sent them that link to the news with the Simpsons. If you google news on MMEX first thing that pops up. They should address that in some way I would think?
Well I sent them an email and link to that article with Maggie Simpson.. Lets see if they respond.
Anyone try to contact the company at all ?
I hope one of them wasnt ddi1 ;(
You never sent me the other stocks :)
Monday, March 13 2017 12:57 PM, EST MMEX RESOURCES CORP - 10-Q - Management's Discussion and Analysis of Financial Condition and Results of Operations
Once that STOP sign is gone. It higway to heaven baby!!!
Sunday, March 12 2017 3:04 AM, EST MMEX RESOURCES CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits Edgar Online "Glimpses"
Item 1.01 Entry into a Material Definitive Agreement
On March 4, 2017 , MMEX Resources Corporation (the "Company") entered into an agreement with Maple Resources Corporation ("Maple"), a related party, to acquire all of Maple's right, title and interest (the "Rights") in plans to build a $450 million , 50,000 barrels per day capacity crude oil refinery in Pecos County, Texas (the " Refinery Transaction" or the "Project"). Pursuant to the Refinery Transaction, the Company agreed to acquire the Rights in exchange for the issuance of 7,000,000,000 new common shares (the "Purchased Shares").
Completion of the Project is subject to the receipt of required governmental permits and completion of required debt and equity financing. The Company has previously incurred continuous losses from operations, has an accumulated deficit of approximately $30 million , a total stockholders' deficit of approximately $2.9 million and has reported negative cash flows from operations since inception. In addition, the Company does not currently have the cash resources to meet its operating commitments for the next twelve months. The Company's ability to continue as a going concern and ability to meet the ongoing requirements for capital investment to implement its business plan must be considered in light of the problems, expenses and complications frequently encountered by entrance into established markets and the competitive environment in which the Company intends to operate. There can be no assurance that the Company will be successful in its efforts to raise additional debt or equity capital.
Item 3.02 Unregistered Sales of Equity Securities
The Refinery Transaction provides for the Company to issue the Purchased Shares in two tranches, of which the First Tranche of 1,500,000,000 shares was issued on March 4, 2017 . The Second Tranche of 5,500,000,000 shares are to be issued once the Company Articles of Incorporation are amended to increase the number of authorized shares of common stock, as more particularly described below. In addition, the Second Tranche amount of shares will be adjusted (up or down) subject to valuation of the Refinery Transaction by a third party outside consultant. The issuance of the shares pursuant to the Refinery Transaction is exempt from registration pursuant to the exemption provided by Section 4(2) of the Securities Act of 1933.
In order to issue the requisite number of shares contemplated by the Refinery Transaction and such other funding of the Company as may be required, the holders of a majority of the Company's common stock have approved an amendment and restatement of the Articles of Incorporation to provide for an increase in the authorized shares of common stock from 3,000,000,000 to 10,000,000,000 shares. In addition, the Articles of Incorporation will be amended to provide for two classes of common shares: (i) Class A Shares, having one vote per share, and (ii) Class B Shares , with 10 votes per share. All of the outstanding shares of Common Stock will be reclassified as Class A Shares, except that all of the Purchased Shares will be Class B Shares . Other than the provisions of the voting rights, the two classes of shares of common stock will have equal terms and conditions. We will file a subsequent report on Form 8-K when the amended and restated Articles of Incorporation have been filed with the Secretary of State of Nevada .
2
We previously reported that on October 28, 2016 , the Company had entered into a Settlement Agreement and Stipulation (the "Settlement Agreement") with Rockwell Capital Partners, Inc. ("RCP") and that, pursuant to the Settlement Agreement, RCP would exchange certain payables/claims for a settlement amount payable in common shares of the Company. We have issued a cumulative aggregate of 489,000,000 common shares pursuant to the Settlement Agreement and, as of March 9, 2017 , have terminated any further obligation to issue shares pursuant to the Settlement Agreement. The issuance of the shares under the Settlement Agreement was exempt from registration pursuant to exemption provided by Section 3(a) (10) of the Securities Act of 1933, by virtue of the October 2016 order of a circuit court in Florida confirming the fairness of the terms of the Settlement Agreement.
Item 5.07 Submission of Matters to a Vote of Security Holders
On March 7, 2017 , the holders of more than 50.1% of the outstanding shares of common stock of the Company executed their written consent in lieu of special meeting as to the proposed amendment and restatement of the Articles of Incorporation described above.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits 1.1 MMEX Resources Corporation and Maple Resources Corporation Stock Purchase Agreement. 99.1 Press Release dated March 7, 2017 " MMEX Resources announces plan to build $450 million refinery in Permian Basin 50,000 barrels per day capacity state-of-the-art facility intends to leverage existing infrastructure, bring economic benefits to Fort Stockton, Texas area" 3
Did anyone see this news that came out early this morning?
Edgar Online "Glimpses"
Sunday, March 12 2017 3:04 AM, EST MMEX RESOURCES CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits Edgar Online "Glimpses"
Item 1.01 Entry into a Material Definitive Agreement
Makes sense and I believe they cannot buy only sell with that STOP so could be why we also some so many sell orders?
I think the biggest issue was the STOP sign. I mentioned this yesterday. I know a bunch of people that could not trade it..
But wait if this is a merger with his other company which has millions should that not itself help this stock move ?
So when is the interview coming out ? I thought CEO was suppose to do an exclusive today? Was suppose to be out @ 3 ?
You never know. Look at OWC*. I dont think they even have revenues. LOL!!