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I wonder if the purchase of the land was contingent upon permit and or financing for the refinery approval and not just financing for the land?
Why only two, most of the flippers have gone onto something else.
Still, people getting in at a dollar will be thinking this is a great deal when it starts operating and heads to $5 a share or so. If Hanks was gonna Pump, the shareholder letter would have been a great time to do so.
Wow, talk about reading whatever you want into it!
I do believe that with Permits in Hand, Financing will be a Breeze......Everything hinges on that./quote]
If that's the only obstacle then this will be a breeze. This is Texas, with a Trump for President. Everyone involved with this project is pro oil and pro refinery. It's about time someone built a new one. It has been since one was built all the "big" dogs forgot about building one!
I will be buying more tomorrow based on the shareholder letter!
That's awesome and very good news. Why else would Hanks speak unless it was good/positive news concerning MMEX, he would have no other reason to speak.
I didn't think there was either. My point is, why else speak at an event like this unless he has something positive to say about mmex?
Looking forward to by passing this ops. Jack is speaking next Tuesday, hopefully releasing a good solid PR. This would be great time to plug MMEX but not without more concrete news such as permit approval and or financing. Does he have any other skin in the Permian basin other than MMEX?
Yep, I'm pretty happy with this weeks trading so far!
Yes, my fault, mis read the message!
You must reading the wrong chart. The lowest volume for the past 50 days has been 3.78 MILLION, YES MILLION. THAT IS ILLION WITH AN M, AS IN MILLION!!!!!!!!
Looks like a lot of obvious manipulation so as to be able to pick up cheap shares.
Looks like MMEX is holding up very well not having put out a PR and quite awhile. Imagine what will happen when they do.
I'm signed up for the emails from MMEX. Your post alludes to knowledge only a few people know. Do you have any more info then what is on the website?
No, why?
Once again, enlighten us!
By all means enlighten the rest of us!
You can still buy with those funds. The exception comes into play when you try to sell the new shares you just bought with the "unsettled" funds. You could go ahead and buy MMEX now if you wanted.
lol, awesome
Class action suit, for what?
Very possible we will be at this PPS before the end of summer!!!
MMEX .583 Valuation & $30 Million NOL Tax Shelter
Following the 8-K filed by MMEX below, I will show how the ”potential” valuation for MMEX is approximately .583 per share based on the info from the 8-K below:
Quote:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
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…
Based on the math from the 8-K info above, I have derived how it is fair to presume .583 per share as a fair valuation for MMEX:
50,000 Barrels Per Day x 365 Days Per Year = 18,250,000 Barrels Per Year
The link below confirms that the current retail price for a barrel of oil is $48.00+ per barrel. I will presume the price of oil to be $40.00 per barrel for the purpose of this post:
http://www.nasdaq.com/markets/crude-oil.aspx
18,250,000 Barrels Per Year x $40 Per Barrel Retail Price = $730,000,000 Revenues
The link below confirms a Price to Earnings (P/E) Ratio of 39.94 for 2017 for companies existing within the Oil/Gas (Production and Exploration) Industry:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html
The P/E Ratio is the variable that is multiplied by the Earnings Per Share (EPS) to get where a stock should fundamentally trade compared to the other stocks within its Industry or Sector. The links below should help to better understand the P/E Ratio logic:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp
Because of the $30,000,000 listed as an Accumulated Deficit, this means that it is going to be officially used as a Tax Shelter as a Net Operating Loss (NOL). This will greatly enhance the profitability of MMEX. I was going to presume a Net Profit Margin of 10%, but with adding this $30 Million NOL, this makes it very fair to presume at least a Net Profit Margin of 20% for the MMEX operations. I will explain more about the NOL as a Tax Shelter after I explain the share price valuation below.
$730,000,000 Revenues x .20 Net Profit Margin = $146,000,000 Net Income
I believe to air on the side of caution, let’s presume a worst case scenario for the Outstanding Shares (OS) being maxed out to be 10 Billion shares:
Net Income ÷ Outstanding Shares (OS) = EPS
$146,000,000 Net Income ÷ 10,000,000,000 (OS) = .0146 EPS
EPS x P/E Ratio = MMEX Share Price Valuation
.0146 EPS x 39.94 P/E Ratio = .583 per share
Please, anyone with an issue with any of the variables I used above to derive the MMEX valuation, simply use the ”Substitution Property” to replace that variable and I am still confident that… bottom line… it will still reflect that MMEX is worth quite a few pennies.
MMEX $30,000,000 NOL Tax Shelter
MMEX has stated to have $30,000,000 listed on their Balance Sheet as an Accumulated Deficit within their 8-K fled below which is also no confirmed within its recently filed 10-Q filing below:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
http://ih.advfn.com/p.php?pid=nmona&article=74079986&symbol=MMEX
This greatly justifies the company’s position as a huge merger candidate. The MMEX public entity is very attractive for a huge positive Net Income generating company wanting to merge into MMEX which is why this deal is being completed. This is because of the $30,000,000 being available to be used as a 2 year carry back and 20 year carry forward Tax Net Operating Loss (NOL) to reduce the taxable income for a merging company’s future tax years. That’s an average of roughly $1.5 Million in the reduction of its taxable income per year over a 20 year time frame or $3 Million in the reduction of its taxable income per year over a 10 year time frame. This is basically like adding $1.5 or $3 Million or so back into the MMEX amount of Net Income generated. Merging this project into MMEX would be better versus registering as a new entity or IPO-ing because you won’t have such huge ”tax shelter” otherwise as a huge tax benefit already existing.
Below are some good videos to listen and understand the logic regarding Net Operating Losses (NOL):
http://www.investopedia.com/video/play/net-operating-loss-nol/?ad=dirN&qo=serpSearchTopBox&qsrc=1&o=40186
http://www.investopedia.com/terms/l/losscarryforward.asp
http://www.investopedia.com/terms/n/netoperatingloss.asp
Net Operating Losses (NOLs) on the 3 Financial Statements
Hanks knows it will not be a problem to get financing, that is why it took the loans for start up capital. He has also kept everyone informed of each step taken in the process!
WOW, WOW, WOW. MMEX, MMEX way to go, closed GREEN. Golly, looks like MMEX closed GREEN, up 3.26%. NOT EVEN CLOSE TO THIS POST!
Golly, looks like MMEX closed GREEN, up 3.26%
My core sell order is in at $10 but I also have some flipping shares just to gain more core shares.
That's just not true! Look it for yourself!
https://www.sec.gov/Archives/edgar/data/886982/000119312512085822/d276319dex211.htm
THAT IS NOT TRUE AT ALL!!!!!!!
https://www.sec.gov/Archives/edgar/data/886982/000119312512085822/d276319dex211.htm
I'm so glad I bought more shares today and tomorrow I will purchase more.
Re: drog68 Post# 6645
MMEX .583 Valuation & $30 Million NOL Tax Shelter
Following the 8-K filed by MMEX below, I will show how the ”potential” valuation for MMEX is approximately .583 per share based on the info from the 8-K below:
Quote:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
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…
Based on the math from the 8-K info above, I have derived how it is fair to presume .583 per share as a fair valuation for MMEX:
50,000 Barrels Per Day x 365 Days Per Year = 18,250,000 Barrels Per Year
The link below confirms that the current retail price for a barrel of oil is $48.00+ per barrel. I will presume the price of oil to be $40.00 per barrel for the purpose of this post:
http://www.nasdaq.com/markets/crude-oil.aspx
18,250,000 Barrels Per Year x $40 Per Barrel Retail Price = $730,000,000 Revenues
The link below confirms a Price to Earnings (P/E) Ratio of 39.94 for 2017 for companies existing within the Oil/Gas (Production and Exploration) Industry:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html
The P/E Ratio is the variable that is multiplied by the Earnings Per Share (EPS) to get where a stock should fundamentally trade compared to the other stocks within its Industry or Sector. The links below should help to better understand the P/E Ratio logic:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp
Because of the $30,000,000 listed as an Accumulated Deficit, this means that it is going to be officially used as a Tax Shelter as a Net Operating Loss (NOL). This will greatly enhance the profitability of MMEX. I was going to presume a Net Profit Margin of 10%, but with adding this $30 Million NOL, this makes it very fair to presume at least a Net Profit Margin of 20% for the MMEX operations. I will explain more about the NOL as a Tax Shelter after I explain the share price valuation below.
$730,000,000 Revenues x .20 Net Profit Margin = $146,000,000 Net Income
I believe to air on the side of caution, let’s presume a worst case scenario for the Outstanding Shares (OS) being maxed out to be 10 Billion shares:
Net Income ÷ Outstanding Shares (OS) = EPS
$146,000,000 Net Income ÷ 10,000,000,000 (OS) = .0146 EPS
EPS x P/E Ratio = MMEX Share Price Valuation
.0146 EPS x 39.94 P/E Ratio = .583 per share
Please, anyone with an issue with any of the variables I used above to derive the MMEX valuation, simply use the ”Substitution Property” to replace that variable and I am still confident that… bottom line… it will still reflect that MMEX is worth quite a few pennies.
MMEX $30,000,000 NOL Tax Shelter
MMEX has stated to have $30,000,000 listed on their Balance Sheet as an Accumulated Deficit within their 8-K fled below which is also no confirmed within its recently filed 10-Q filing below:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
http://ih.advfn.com/p.php?pid=nmona&article=74079986&symbol=MMEX
This greatly justifies the company’s position as a huge merger candidate. The MMEX public entity is very attractive for a huge positive Net Income generating company wanting to merge into MMEX which is why this deal is being completed. This is because of the $30,000,000 being available to be used as a 2 year carry back and 20 year carry forward Tax Net Operating Loss (NOL) to reduce the taxable income for a merging company’s future tax years. That’s an average of roughly $1.5 Million in the reduction of its taxable income per year over a 20 year time frame or $3 Million in the reduction of its taxable income per year over a 10 year time frame. This is basically like adding $1.5 or $3 Million or so back into the MMEX amount of Net Income generated. Merging this project into MMEX would be better versus registering as a new entity or IPO-ing because you won’t have such huge ”tax shelter” otherwise as a huge tax benefit already existing.
Below are some good videos to listen and understand the logic regarding Net Operating Losses (NOL):
http://www.investopedia.com/video/play/net-operating-loss-nol/?ad=dirN&qo=serpSearchTopBox&qsrc=1&o=40186
http://www.investopedia.com/terms/l/losscarryforward.asp
http://www.investopedia.com/terms/n/netoperatingloss.asp
Net Operating Losses (NOLs) on the 3 Financial Statements
Like I said MMEX is making me feel better and better with the forward momentum they are executing. I feel even better about my decision to purchase more shares today thanks to the scathing private messages i received.
Looks like more positive news will be forthcoming. Money will be used to pay for plans, permits, surveys, Office space rent, PR firm, office staff, supervisors, consultants, attorney fees, DD on the land, title fees, appraisals, transportation, hotels & living expenses, office equipment, printing of the many many plans needed to give to all the people involved in the site prep, building and inspects and permits etc.This is just the tip of things needed to get started. Start up is neither cheap or quick. Takes money to make money. I for one purchased another 100k today!
REALLY! Out of the last 34 days counting today it has dropped below .01 only 6 of those days. REALLY,
May 17, 2017: MMEX & Fort Stockton Chamber of Commerce Ambassadors Ribbon Cutting Ceremony, Opening of MMEX Office in Fort Stockton, Texas
May 4, 2017: MMEX Executes Letter of Intent with Supplier of Refinery 50,000 BPD Crude Oil Volumes
Apr 27, 2017: Technical Conference Status Meeting with Consultants, EPC/Environmental/Strategic Planning
Apr 25-26, 2017: Pecos County Land site survey completed
Apr. 18, 2017: Meetings with Investment Banks NYC, Engagement Letter pending
Apr. 13, 2017: Environmental Firm retained to prepare and process necessary State/Federal Permits
Apr. 12-13, 2017: Crude oil supply follow-up meetings; Draft of LOI submitted
Mar. 25, 2017: Engineering, Procurement and Construction (EPC) Company retained
Feb. 27, 2017: Strategic Consultant and Industry Advisor retained
Feb. 20, 2017: Pecos County Land Purchase and Sale Agreement Executed (500 acres)
Feb. 15, 2017: Public Relations Firm retained
Feb. 14, 2017: Pre-permit meeting held with Texas Commission on Environmental Quality (TCEQ)
MMEX .583 Valuation & $30 Million NOL Tax Shelter
Following the 8-K filed by MMEX below, I will show how the ”potential” valuation for MMEX is approximately .583 per share based on the info from the 8-K below:
Quote:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
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…
Based on the math from the 8-K info above, I have derived how it is fair to presume .583 per share as a fair valuation for MMEX:
50,000 Barrels Per Day x 365 Days Per Year = 18,250,000 Barrels Per Year
The link below confirms that the current retail price for a barrel of oil is $48.00+ per barrel. I will presume the price of oil to be $40.00 per barrel for the purpose of this post:
http://www.nasdaq.com/markets/crude-oil.aspx
18,250,000 Barrels Per Year x $40 Per Barrel Retail Price = $730,000,000 Revenues
The link below confirms a Price to Earnings (P/E) Ratio of 39.94 for 2017 for companies existing within the Oil/Gas (Production and Exploration) Industry:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html
The P/E Ratio is the variable that is multiplied by the Earnings Per Share (EPS) to get where a stock should fundamentally trade compared to the other stocks within its Industry or Sector. The links below should help to better understand the P/E Ratio logic:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp
Because of the $30,000,000 listed as an Accumulated Deficit, this means that it is going to be officially used as a Tax Shelter as a Net Operating Loss (NOL). This will greatly enhance the profitability of MMEX. I was going to presume a Net Profit Margin of 10%, but with adding this $30 Million NOL, this makes it very fair to presume at least a Net Profit Margin of 20% for the MMEX operations. I will explain more about the NOL as a Tax Shelter after I explain the share price valuation below.
$730,000,000 Revenues x .20 Net Profit Margin = $146,000,000 Net Income
I believe to air on the side of caution, let’s presume a worst case scenario for the Outstanding Shares (OS) being maxed out to be 10 Billion shares:
Net Income ÷ Outstanding Shares (OS) = EPS
$146,000,000 Net Income ÷ 10,000,000,000 (OS) = .0146 EPS
EPS x P/E Ratio = MMEX Share Price Valuation
.0146 EPS x 39.94 P/E Ratio = .583 per share
Please, anyone with an issue with any of the variables I used above to derive the MMEX valuation, simply use the ”Substitution Property” to replace that variable and I am still confident that… bottom line… it will still reflect that MMEX is worth quite a few pennies.
MMEX $30,000,000 NOL Tax Shelter
MMEX has stated to have $30,000,000 listed on their Balance Sheet as an Accumulated Deficit within their 8-K fled below which is also no confirmed within its recently filed 10-Q filing below:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
http://ih.advfn.com/p.php?pid=nmona&article=74079986&symbol=MMEX
This greatly justifies the company’s position as a huge merger candidate. The MMEX public entity is very attractive for a huge positive Net Income generating company wanting to merge into MMEX which is why this deal is being completed. This is because of the $30,000,000 being available to be used as a 2 year carry back and 20 year carry forward Tax Net Operating Loss (NOL) to reduce the taxable income for a merging company’s future tax years. That’s an average of roughly $1.5 Million in the reduction of its taxable income per year over a 20 year time frame or $3 Million in the reduction of its taxable income per year over a 10 year time frame. This is basically like adding $1.5 or $3 Million or so back into the MMEX amount of Net Income generated. Merging this project into MMEX would be better versus registering as a new entity or IPO-ing because you won’t have such huge ”tax shelter” otherwise as a huge tax benefit already existing.
Below are some good videos to listen and understand the logic regarding Net Operating Losses (NOL):
http://www.investopedia.com/video/play/net-operating-loss-nol/?ad=dirN&qo=serpSearchTopBox&qsrc=1&o=40186
http://www.investopedia.com/terms/l/losscarryforward.asp
http://www.investopedia.com/terms/n/netoperatingloss.asp
Net Operating Losses (NOLs) on the 3 Financial Statements
May 17, 2017: MMEX & Fort Stockton Chamber of Commerce Ambassadors Ribbon Cutting Ceremony, Opening of MMEX Office in Fort Stockton, Texas
May 4, 2017: MMEX Executes Letter of Intent with Supplier of Refinery 50,000 BPD Crude Oil Volumes
Apr 27, 2017: Technical Conference Status Meeting with Consultants, EPC/Environmental/Strategic Planning
Apr 25-26, 2017: Pecos County Land site survey completed
Apr. 18, 2017: Meetings with Investment Banks NYC, Engagement Letter pending
Apr. 13, 2017: Environmental Firm retained to prepare and process necessary State/Federal Permits
Apr. 12-13, 2017: Crude oil supply follow-up meetings; Draft of LOI submitted
Mar. 25, 2017: Engineering, Procurement and Construction (EPC) Company retained
Feb. 27, 2017: Strategic Consultant and Industry Advisor retained
Feb. 20, 2017: Pecos County Land Purchase and Sale Agreement Executed (500 acres)
Feb. 15, 2017: Public Relations Firm retained
Feb. 14, 2017: Pre-permit meeting held with Texas Commission on Environmental Quality (TCEQ)
MMEX .583 Valuation & $30 Million NOL Tax Shelter
Following the 8-K filed by MMEX below, I will show how the ”potential” valuation for MMEX is approximately .583 per share based on the info from the 8-K below:
Quote:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
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…
Based on the math from the 8-K info above, I have derived how it is fair to presume .583 per share as a fair valuation for MMEX:
50,000 Barrels Per Day x 365 Days Per Year = 18,250,000 Barrels Per Year
The link below confirms that the current retail price for a barrel of oil is $48.00+ per barrel. I will presume the price of oil to be $40.00 per barrel for the purpose of this post:
http://www.nasdaq.com/markets/crude-oil.aspx
18,250,000 Barrels Per Year x $40 Per Barrel Retail Price = $730,000,000 Revenues
The link below confirms a Price to Earnings (P/E) Ratio of 39.94 for 2017 for companies existing within the Oil/Gas (Production and Exploration) Industry:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html
The P/E Ratio is the variable that is multiplied by the Earnings Per Share (EPS) to get where a stock should fundamentally trade compared to the other stocks within its Industry or Sector. The links below should help to better understand the P/E Ratio logic:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp
Because of the $30,000,000 listed as an Accumulated Deficit, this means that it is going to be officially used as a Tax Shelter as a Net Operating Loss (NOL). This will greatly enhance the profitability of MMEX. I was going to presume a Net Profit Margin of 10%, but with adding this $30 Million NOL, this makes it very fair to presume at least a Net Profit Margin of 20% for the MMEX operations. I will explain more about the NOL as a Tax Shelter after I explain the share price valuation below.
$730,000,000 Revenues x .20 Net Profit Margin = $146,000,000 Net Income
I believe to air on the side of caution, let’s presume a worst case scenario for the Outstanding Shares (OS) being maxed out to be 10 Billion shares:
Net Income ÷ Outstanding Shares (OS) = EPS
$146,000,000 Net Income ÷ 10,000,000,000 (OS) = .0146 EPS
EPS x P/E Ratio = MMEX Share Price Valuation
.0146 EPS x 39.94 P/E Ratio = .583 per share
Please, anyone with an issue with any of the variables I used above to derive the MMEX valuation, simply use the ”Substitution Property” to replace that variable and I am still confident that… bottom line… it will still reflect that MMEX is worth quite a few pennies.
MMEX $30,000,000 NOL Tax Shelter
MMEX has stated to have $30,000,000 listed on their Balance Sheet as an Accumulated Deficit within their 8-K fled below which is also no confirmed within its recently filed 10-Q filing below:
http://ih.advfn.com/p.php?pid=nmona&article=74066594
http://ih.advfn.com/p.php?pid=nmona&article=74079986&symbol=MMEX
This greatly justifies the company’s position as a huge merger candidate. The MMEX public entity is very attractive for a huge positive Net Income generating company wanting to merge into MMEX which is why this deal is being completed. This is because of the $30,000,000 being available to be used as a 2 year carry back and 20 year carry forward Tax Net Operating Loss (NOL) to reduce the taxable income for a merging company’s future tax years. That’s an average of roughly $1.5 Million in the reduction of its taxable income per year over a 20 year time frame or $3 Million in the reduction of its taxable income per year over a 10 year time frame. This is basically like adding $1.5 or $3 Million or so back into the MMEX amount of Net Income generated. Merging this project into MMEX would be better versus registering as a new entity or IPO-ing because you won’t have such huge ”tax shelter” otherwise as a huge tax benefit already existing.
Below are some good videos to listen and understand the logic regarding Net Operating Losses (NOL):
http://www.investopedia.com/video/play/net-operating-loss-nol/?ad=dirN&qo=serpSearchTopBox&qsrc=1&o=40186
http://www.investopedia.com/terms/l/losscarryforward.asp
http://www.investopedia.com/terms/n/netoperatingloss.asp
Net Operating Losses (NOLs) on the 3 Financial Statements
Maybe she is busy putting together an actual PR campaign, but as for what she has done up until now it is absolutely zero. Any can update a webpage, it takes about 5 minutes.
Excellent post!!
Lots of excellent website updates. Jack Hanks being very transparent with all his actions so far. Not much else he could do at the moment to convince people. But when they buy in at a much higher price (which is not a bad way of doing things) they will all know they were wrong.
5% is a completely made up fantasy number with not a shred of logical bases. You would have to look at multifarious variables to even gain a starting point for a theoretical formulation that would still be a rational speculation. For instance you take the number of permits applied for over the past 10 years to get a number that could be used as a bases for permit approval. You could do that for each fragment of this deal to coalesce a theorem. Then you would a starting point to function with.