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Correct me if I'm wrong but doesn't every stock have ups & downs?
Also - permitting may not be such a big deal. The way I understand it, due to the cap of 50k barrels permitting is only required at the state level.
I'm confident that permitting and financing have already been worked out.
I don't anticipate seeing $1 next month, but this time next year is a realistic possibility.
And, if everything does fall through this stock still has a lot of room to run before that happens.
I'll take my chances.
They're just saying that MMEX will have the first refinery built in the US in 40yrs unless the other one is built before it - then they'll have the 2nd...
It's not saying that it's one or the other.
They really don't need mineral rights anyway. The key to the project is the location and it's ease to move refined oil out compared to current refineries.
Do you know what you've invested in? It's a refinery! MMEX doesn't need oil rich land because they aren't drilling for oil.
Why would they need oil rich land?
There were a few posts as soon as it came out.
What shares are going to be dumped onto the market??
Don't sweat the day to day. Flipping for small profits when we have potential blockbuster news coming is silly.
Yessir!
I wouldn't be surprised if they already have approval and they release that PR after market today or pre market tomorrow.
On the move!
Ugh. Not the 10B shares argument again. Hasn't this been hashed out enough. A/S is not the same as O/S.
You might have a chance if you met any of the requirements to be CEO.
USRM meets the FDA requirements so I'll take my chances.
Oil down where?? And why would it matter?
That soft gap was just filled.
Once who starts drilling? MMEX is building a refinery.
The one that's created when we get FDA approval.
Don't get me wrong I think anywhere is a good place for GIGL!
I also misread your first post and thought you meant the southern part of CA. On the expansion map it looks like NC was furthest south for now but depending on the franchising plan, that could change real quick.
Nothing but upside with this company.
Why do you say that? That's not what it sounded like in the last interview with the CEO. He stated that they were looking at regions with poor weather since inclement weather drives business.
That's a soft gap and shouldn't need to be filled since there's no gap in the wicks, right?
Simple. Still in same business. Influx of cash & ability to deduct lease payments.
That info is in the stickies. Low float & debt converted.
I don't think the buildout has started since it was just an LOI. in addition, I think the company needs financing to open another location.
I'm 99% sure the portion of the buildout is for physical structure and layout. The mall won't pay for equipment, etc...
This is why I think we'll hear Franchising news first.
Solid work. Thanks!
Love it! I thought I was done averaging up after .05 but it's just too much fun to add to the position.
Is it Monday yet??
$GIGL
Just consider current levels a dip from $1 and slap that ask. Haha!
I guess Nike was a P&D because they paid Tiger Woods money and put logos all over him & his equipment and had him appear at corporate events.
One thing is for sure, your posts make me GIGL.
That's right. Jillian and her camp allowed her to get involved in a P&D POS company.
Your claims are comical.
Jillian is massive news.
Nobody knows if they're going to dilute, it's always a possibility with literally any stock.
If they have to dilute to expand, I'm okay with that but I believe they have other plans/options.
Honestly, if you haven't found what you're looking for at this point, I don't think you'll find it here. Plenty of other options out there. GLTY
900k Ttrade @ .0351
That knucklehead caused a $10k swing in my account. Haha! Still won't ruin my weekend.
$GIGL
Added no shares to the OS. And as a CPA you should know financials don't matter in the OTC or that virtually every company starts in debt.
Either way - thanks for the cheapies!
Bid whackers are unreal.
What about the gap around .02? Just curious.
.25 in 8-10 weeks. Possibly higher depending on any Franchising news
How did you interpret it?
I appreciate everyone's concern for our financial well being. But know this: if we drop to no bid, I'm good. If FDA news hits and we run hard, I'm better.
They are cheap! Just slap the ask. Haha!
Gap closed. Could move up nicely from here
Won't be long! I can't believe people would sell when we're so close to an absolute explosion.
*Acquisitions
*F50 deal
*NASDAQ
*More patents...