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Love it! MMEX is apparently waisting a lot of money on this "scam". Or, Its not a scam. LOL.
MMEX long and very strong. I'm feeling more optimistic than ever.
Thanks sitruc
How come when it went to QB it was meaningless, and if it goes back to pink it has meaning? You're confusing me. In my opinion, it doesn't matter where it goes if a refinery is being built. Annnnd, a refinery is getting built. MMEX is the highest potential play on the OTC - pink, QB, blue, or green(my personal favourite).
MMEX
This is my first buy at .0001. Hopefully it goes well. I think with time and some news, this could fly. Whether its a scam or not, somewhat irrelevant util it reaches the end. Hopefully this is not the end, OR a scam.
Its been a while since anything has been communicated from the company. I'm expecting the next announcement to be a good one. I guess time will tell. I'm optimistic.
I don't really care where Jack is working from, and I highly doubt its from a basement. He's getting the job done that's all I care about. He can live and work from where ever he chooses.
PPS is no reflection on the work being done. Smart shoppers will buy here at these prices. IMO
MMEX
At ease my friend. That's not blood on the refinery, its just the colour paint Jack decided to go with. He wanted it to stand out amidst all the green that will be surrounding it. Red and green are nice Christmas colours too, since it will be operational around Christmas of this year. Jack thinks of everything.
Soon MMEX will fly quickly in the other direction. This was a good day to add IMO.
MMEX
Just one announcement and this will fly. Wonder when it will be... . I'm ready for it.
Tried to buy a few million at .0001 today and yesterday. No takers. I can understand. I was hoping to get some ridiculously cheap shares before the run. Oh well. Will keep trying
Take a look at this on the V-Fuels website. Key word is AchievED... past tense. Look down and you'll see the CDU in question.
WHAT WE'VE ACHIEVED
100% Licensing Track record with regulatory bodies (Nigeria DPR, Liberia DCI, Texas Department of Environmental Quality)
United States Trade and Development Association (USTDA) approval for DD&E for Nigerian Eko Petrochem Project
10,000 bpd Pecos County Refinery CDU project
5,000 bpd Nigeria CDU project
18 FEED & DD&E packages designed & delivered since 2013
5,000 bpd US renewable diesel project
US Export / Import Bank Qualified
http://www.vfuels.com/what-we-do
How ever many shares Vista has, they will be gone in jig time when financing is announced. IMO, financing is already assured on some level - hence the large road being built. This road has been verified by boots on the ground. Only an idiot would spend money on a road that they weren't going to need. Jack might be crazy, but he ain't dumb. Therefore, I conclude that a refinery is OTW. Distractors can believe what they want. Makes no difference to my bank account.
MMEX Loooong.
Correction coming. Pendulum swings back to .0011ish. IMO.
I think so. the little 8-k the other day drove it up to 0006 for a while with huge volume. Another acquisition announcement, or anything positive really, should do the same and better.
Will this thing rise from the ashes like the Phoenix? I think history will repeat itself. The Naked Papers acquisition was not huge, but it shows initiative. Maybe this company has more initiatives to add. I'm in at 0001 so we'll see what happens.
To say this huge road is just a prop for some sort of scam by Jack is laughable. Eventually it will be said the refinery on site is just part of an elaborate scheme to make people believe there's a refinery on site. This is too much. Come on.... do better than that. lol.
The undeniable truth is that this road has a purpose far more noble than to aid in a scam. Its the road to a new refinery. This new refinery will be right smack dab on the Permian Basin where all the oil is. Jack is the man with a plan. He will go down in history as the person who built the first refinery on the Permian Basin. Probably won't be the last cause its a good idea.
MMEX
IMO the PPS is way below what it should be when one considers the progress MMEX has made and is making, exhibit A - road. However, soon there will be a PPS reckoning. A financing announcement - properly communicated - should make everything, including the PPS, much higher. MMEX shares at the current price is a gift. Unfortunately though, some don't believe this, and will not reap a reward. They listen to false teachings, and ignore filings and letters from Jack. The truth is there in plain english. MMEX is building a refinery!
MMEX
Looks great to me. Refinery Road.
MMEX
I just saw some lovely new pictures of the road that leads to the pot of gold (refinery). It looks big and wide enough to accommodate a pre-fabricated CDU, and anything else that jack wants to move on it. This is very exciting folks. Its all coming together.
MMEX
I'm holding a big bag of shares. I'm very happy about that. You should get some too before all the cheap ones are gone. I'm holding on tightly to my bag of shares for a while yet. Didn't you hear that a refinery is being built... on the Permian Basin. LOL. This is too easy. I almost feel bad about how much money I'm going to make here when the refinery is built.
Longs here who have the foresight and the guts to take a risk will be rewarded.
Bag holder lol.
Yup, I'm one.
MMEX
220 words per minute is impressive. But I think most, if not all, MMEX longs here realize they should read filings, and that the PPS is down and that financing has not yet been attained. We get it. That's why it called a venture market. Its a risk... I get it. I understand. I'm willing to take the risk because I think its a very good chance it will work, and my investment will pay off hugely when it does.
Just because you can type 220 WPM, doesn't mean you should. You can read fast and type fast, now if you could find something different or interesting to say. Because we understand its a risk. We get it.
MMEX has land, permits, a road, a contractor, a buyer for product, etc. etc. etc., but its still a risk.
Got it - Thanks
MMEX
And lets not forget this important little tidbit of information directly from V-Fuels website:
PROJECT FINANCE
VFuels is a US company and is therefore eligible to assist its clients in obtaining financing and bank guarantees from the US Export-Import Bank (EX/IM). Qualified buyers can be financed for up to seven years on 85% of the US content of their projects and 30% of the local content at very attractive rates.
Cash down payments of 15% are required for EX/IM support, after which 100% of the project is guaranteed through EX/IM.
MMEX
The PPS has no bearing whether or not this CDU gets built. It will be built via financing from a lender. All the yappin' about the low PPS etc. is like water off a duck's back. I guess the noise makers have to make noise. But when the financing is announced - and from statements in filings and investor updates it won't be a problem to attain - the PPS will naturally and rightfully so go up...way up. So chillaxe., and wait for it. Patience will pay off here IMO.
Haters gonna hate. Noise makers gonna make noise. Its meaningless.
MMEX
So we have just a few more days to start closing above the .01 required for maintaining QB status, or we go back to the pinks. I fail to see the problem here. What's the problem again? I'm confused. There's no reverse split, land purchased, permits approved, road in place, contractor chosen, purchaser for product lined up... whats the problem again?
No problem here. Jack is building a refinery, I have my bag of shares... no problem... no worries.
MMEX
Nope. Not a scam. There are scams here and there, but MMEX is not one of them. MMEX is on to something big. What a great idea... a refinery away from the coast, with its issues, and right on top of what has been described as an infinite resource. As well as, with the latest technology and emissions controls employed. Genius.
PPS will rise with financing announcement.
MMEX
MMEX is not a share selling scam. If Jack's intention is to pump and dump shares, he's doing the worst job ever. Obviously this is not the case, and in fact, Jack is working on building a refinery.
Not sure why any bird would get their knickers in a knot over this. Jack is building a refinery... end of story. Nuff said. Drop the mic. That's all she wrote. Etc.
MMEX
MMEX is building a CDU and then an oil refinery. Oil refineries are very profitable. Even during a slump in oil prices, refineries make lots of money. A bit noisy around here, but easy to ignore. I don't even open the noise any more. Waste of time.
MMEX
Jack is smarter than your average refinery builder - since no body has been able to build one for 40 years. He's playing it smart. Get the CDU up and running as a profitable business before he goes looking for the huge dollars required to build the 100,000 bpd refinery (or at that point, sell the venture with permits in place). Win win here if we hold out. Forget the noise. I don't even read noisy posts anymore. Waste of time. Stick to the facts. Longs will be rewarded here. Too much going on for this not to happen. IMO.
MMEX
I agree. A huge mile stone, but not the hugest one... financing will be the most hugest. Coming soon!.
And I agree with your PM. Thanks.
MMEX
This is like MMEX survivor here today. MMEX alliance going all the way to the end. Gonna get the million too! Land, road, contractor etc., and now no reverse split. Underlined in Jack's letter for emphasis! So glad I held tightly to my stash of shares. This is getting so good.
MMEX
MMEX is building a CDU. Land, permit, road, contractor etc. for CDU already in place. Products will be for sale in early 2019. Supply and off take agreements in place. Permits for 100,000 bpd to be submitted in Q1 of 2018 (that's like soon).
bbcars, that was a beautiful exchange.
MMEX
MMEX is building a CDU and then a refinery. They've got the land, permit, road, contractor, and as Jack said, financing won't be a problem! Whether or not they have a reverse split, which I don't think they will, shares will still retain their value. I have my big bag of shares, and i'm holding them tight as I watch this thing play out. Its gonna be good.
MMEX
This is all very exciting. Its a beautiful day here in the middle of the North Atlantic, and I'm a part owner of a soon to be oil refinery that is thousands of miles away in Texas. Even 20 years ago, the ability for me to be part of such an exciting venture was practically impossible due to lack of technology and information.
What a wonderful world. And soon, thanks to MMEX, I'm going to be able to afford to see more of it. Because, against all odds, MMEX is building an oil refinery.
I'm holding all my shares tightly. They're going to be very valuable soon.
MMEX
The fact that VCI believes in MMEX to the point where they'll put money on it, makes me feel pretty good about my investment in MMEX.
MMEX
Behold the road to an oil refinery. 20 feet won't cut it for a 100,000 bpd refinery. Lots of traffic on a road like that. 20' lol. Come on now.
http://www.iftn.ie/archive/locationpics/whitegategall1.jpg
MMEX
Feb. 28, last day of the month, is an excellent day to clue up financing, sign the papers etc.. Don't you think? Maybe tomorrow we'll find out if the powers that be feel the same.
It could happen.
MMEX
If you've ever been whale watching (real whales), and I have been many times, you'll notice that sometimes whales disappear for what seems like forever. But that's when they're working - feeding - taking care of business shall we say. They're going deep and staying under water a long time. They don't care that you're waiting or that you can't keep track of them. But when they do finally surface, its an event. Its a big breath out and they make their presence known. Thats what today is like in the MMEX world. Stuff is getting done. And very soon folks, maybe today, MMEX is gonna surface in a big way. Everyone's going to know about it. I'm glad I got my shares and am happy to sit here and wait for the surfacing. Gonna be great. Might even come clear out of the water and make a huge splash.
Sorry for the dramatic tone, I'm a little bored today.
MMEX
Just purchased a starter position here yesterday at .0001. I'm feeling happy about my investment. No way to go but up as they say.
QBAN
Probably out for an afternoon drive. When they heard some loud speakers they thought they had happened on an old fashion camp meeting and decided to check it out. Turned out to be the ground breaking ceremony.
OR, they were there intentionally because the company he runs is interested in the MMEX project for some reason.
I'm thinking the latter.
MMEX
Excellent assessment Mr. bb. I agree 100%. This is a very exciting time for MMEX investors. We're on the verge of an OTC miracle.
MMEX
Could the new seismic testing etc. be part of discovery for full scale refinery permits? Permits for the 100,000 BPD would be more extensive than was for the CDU, and therefore require seismic testing as part of it? Just a thought. This would mean that the permitting process for the large refinery is indeed in progress.
MMEX
Thanks CEO. Hopefully that earth moving machine is not part of the elaborate scheme to make me buy more shares, as some here will suggest. If I had more money, more shares I would buy.
Thanks for the Pics,
MMEX