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The way I read it is the very minimum they will get is the .03 regardless of the pps.
That's what I was thinking. Why do a deal with just talk. They had to see something very tangible. Valuation, land contracts etc....People don't loan money like that on a dream!! JSJ has been in business since 2004, I don't think they want to be involved in a P&D either whether intentional or not, I'm sure they did their DD as well!!!
Could be this is where the funding is coming from. First they do a transaction to pay for all the upfront studies needed then the land purchase (look at the time frame in the 8k) If all goes well the financing is already in place for the actual build. This seems like extremely good news to me.
Holy hollywood actors Batman. Someone who is honest and not pretending they're a know it all or whale wannabe. Thanks for the info, member mark for you.
That is hilarious!! Well after all the DD, what do you think?
You can't beat that, a profit is a good profit. You can always jump back in. BTW, how did you even hear about MMEX? I'm curious how everyone heard about it and when and why they jumped in? Because, at the time most of the really good news had not been out yet.
Maybe dilution maybe not but don't you think the volume has been pretty low since last Thursday for dilution?
This is how I would do it!!!
"IF" this was a scam and it still may be. Nobody else,IE, engineers, Mayor, permits, Doty Scott, etc etc would be in on it. They would just be pawns used by ME/Jack Hanks. I would have enough capital, say 100k to use (made up number). I would make all the PR announcements to all the proper news sources may even meet with the mayor, I would put down earnest money on the land subject to due diligence then I would hire the engineers, valuation company and anyone else needed to make it look legit using a retainer fee etc..Then dump billions of shares and wahla, a billionaire.
BUT, why go through all the fakery and just not really do it??????? It's a fricken money maker/no brainer. Financing would be the only reason to call to an end the scam. But I truly believe getting financing would be really easy!!
Do you really expect a PR every week. Even the people who are anti MMEX and think it's a scam said the a really good PR strategy takes a lot a time and not to expect it for awhile. Hmmmm
Sometimes, but volume gets really low right before a big run. Seen it many, many times. Take a look at March 24th right before the 6 day run, volume was only 14.5 mill. Look at the preceding days as well.
Supposedly we have some whales that post on here but they have been extremely quiet or they have left. everyone is waiting for news, hopefully a really well constructed PR or valuation. Very soon.
Like L2 is reliable!! Many times that is a trick to scare people into selling then they swoop in and buy up everything. MM can change their minds and take shares off and put them on whenever they want. That's how they manipulate traders.
When MMEX is up and running, what is the expected market capitalization?
Yes, we do need that stickied. I forgot about that. We need to get the post from carjicky down, this is way more important and fact filled!!!! How do we do it?
Wow, what an imagination you have that you can actually think you can make the price move at all. Good luck with the mystical moving of MMEX. We are almost at .03. Oh wait, not even close. What's the excuse this time?
Hmmmm, not saying it isn't you but think about this, I was asking a simple question, I was not criticizing you at all, I was actually curious why you would not do what you claimed. But your FIRST response was to call me a moron. What else would I think???? BTW, it's not at .03!!
It just seems so logical to build one. A refinery is definitely needed. Raising funds is easy for a project like this. Texas is pro oil and the list goes on and on. But I have said all along this very well could be an elaborate P&D. I guess I would never want to con someone by lying or pretending. I have to live with myself knowing I have integrity or not. I'm still long with free shares. BTW, I was way wrong with DRYS also. I could never think someone is a devious as George Economou let alone the SEC letting him get away with it for all these years!
I'm long this stock, but it looks like your correct so far.
Hmmmm, looks like the run to .03 didn't happen, how come?
Yep called out the fake MMEX, about being able to "make it run to .03" and "my friends have 30k to buy in when PR hits but they already bought "20k" worth of MMEX, post now I'm getting PM threatening me.
You said you could run it up to .03!!! DO IT!!!
Your post makes no sense!! Why would they wait for a PR and the price jumps, why not get in cheap?
And you never answered the question. If you can make it run to .03 and drop it to .01 why would you not?
Your friends with 30k could get in at .01 and you run it to .03, over and over again. DUH
I don't understand. You say your friends have 30k ready to go and they already have purchased 20k worth. You also said this...
Carjockey2 Member Level Thursday, 04/20/17 07:11:54 PM
Re: None Post # 46210 of 46503 Go
LMMFAO... Well aren't we just full of our self...
Truth be told I could bring MMEX back up to .03 myself or drop it down to .01
Fact...
SMH
/quote]
If you can do that why would you not? Popping this up to .03 sure would encourage a lot of people and give them a chance to buy more and more shares to hold longer, locking up the float.
Absolutely the SEC will halt this, when news comes out and it shoots to over a dollar or. Seen that many, many times!!!!
I agree. There are a few things holding this stock back.
1. People can't see a golden opportunity right before their eyes but I get it. Buy and own stock in a oil refinery at .02 cents. People think it's too good to be true!
2. Nothing is set in concrete yet, just a bunch of (not very good) PR's and an 8k
3. Using a shell co. scares most people, I get it and it's a great idea but the average person doesn't know.
4. We are on the OTC and I know JWH said he wanted off as soon as possible, but right now we're stuck with flighty traders. These same traders end up sabotaging themselves out of the market.
this is a great opportunity to make a lot of money and the DD/facts are excellent.
I have a buddy who failed at trading, has never read a trading book, never done any DD on this stock and he is trying to give me advice. LOL
We really need off this cesspool!!
Good job. Notice the dates, it was a few months later that all this MMEX business popped up
Actually your comment rates more illogical.. /quote] hmmm,I believe if you look at why MMEX is building a refinery you will find that it is to serve Mexico and other south of the border countries.
I also can't tell if you're contradicting yourself or not because the grammar is very unclear and not structured well.
NICHE companies can make good money filling a void big boyz don't want to tackle.
/quote]
You know the patch is a funny place,THE BIG BOYZ actually FOLLOW the little guys,THe little guys (WILDCATTERS ) find the plays for the most part and always have THEN IN MOVES DA BOYZZZZZZZZZZZZ/quote]
Wouldn't these two statement agree with what I stated in my post!!!
That is just an illogical statement. That's like saying if a doctor thought a hospital was needed he would build one himself or if this little town needed a restaurant don't you think a big chain would have built one. There are plenty of start up businesses that succeed very well because they saw the need first because all the bigger players were focused on what is currently making them money. They get comfortable and are no longer hungry. DUH
Oh how I look forward to the day we are no longer on the OTC cesspool with all the lying baggage laying around strangling MMEX.
Yep, a good scam is an undetectable scam. But don't you ask yourself why would they not go through with this and build a refinery. I have yet, nor anyone else, come with one good reason why not to build it!
So you're confirming a financing deal. If I was building a refinery and my buddies had the money, i would use them as well. DUH
Just a few more reasons there is a need for a refinery and MMEX is gonna fill it!!
http://www.bizjournals.com/sanantonio/news/2017/04/03/petro-waste-environmental-opens-permian-facility.html?ana=twt
http://www.bizjournals.com/sanantonio/news/2017/04/12/nustar-energy-enters-permian-basin-with-1-475.html?ana=twt
http://www.bizjournals.com/sanantonio/news/2017/04/03/lilis-energy-sells-off-assets-to-focus-on-permian.html?ana=twt
https://www.forbes.com/sites/jamesconca/2017/04/11/permania-100-years-in-the-permian-oil-fields-of-new-mexico-and-texas/#32c4bd756970
Funny, I mentally added the voice inflection before I read the rest of the post. MMEX looking good for the PR's this week, hopefully they come. Would like to stay above .05 from now on!
Looks like we settled in the .022-.024 range!
If it does it will send this upwards!!
Sorry for the confusion and thanks anyways, but that was not my point, I know that was an 8k. Fishy guy keeps touting how they blew the news "PR" by putting to much info in it and it ruined it's chances to run. I was reminding him sarcastically that there was no PR. The news "PR" has not caught up with us yet. When it does People will be all over this when actual PR's come out.
I haven't seen a PR yet concerning yesterdays news. When did they put that out?
Keeping it real is one thing. Making price predictions (guessing) is a fools errand.
Sure looks that way to me.
Yes sir indeed!!!!
This may have been a wait and see stock before today but I think that 8k shut a lot of people up and may have even made them change their mind into being a long now.
logically...
1. this refinery needs to be built
2. Trump is Pro oil and jobs
3. Texas is pro oil and jobs
4. This is not a lot of money to raise
5. Design and implementation is not a difficult task.
6. This is a guaranteed money maker.
7. The American people are ripe and ready for progress and this refinery is the first start.