Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I like your ambition. YES!
This will only get more attention as we go.
We could still get an After Hours PR. I said early this morning we would drop a little, then close around .024.
Always better to be wrong in the +plus side...If they are holding off a bit, it's only for a good reason and will most likely help us more. IMO
$MMEX$
Ok. Power Hour is almost upon us?
If the DS Enterprises MMEX valuation is not released to the public within the next hour, look for After Hours, or Monday....We are past the 2 weeks that Jack said a typical valuation takes. Who knows, maybe they waited for pps to rise and EOD to add more value to it for Monday? Who knows, but one thing is for sure: It's coming!
.04? Are you talking chit?
You could of saved 100k just in case; you would have covered all the bases.
When news hits, it's gooldbye to these prices, which seem high right now.
I think because the float was locked up...which makes a pps soar quicker; so they want us to let go our shares.
Looks like another bump coming on the chart...
My favorite part after the Texas Tea line is when he nonchalantly says,
"Next thing ya know ol'Jed's a millionaire."....like it's that easy...lol
Never thought that when I was watching
The Beverly Hill Billies that I would have ever made any $money from oil; but I did dream about it. Get this, it changed their zip code to Beverly Hills 90210. LOL see here for a good laugh: "Oil that is, black gold Texas tea."
I am making up some "KICK ME!" signs for those of you selling off too many of your shares before the valuation comes out. I will be distributing them upon the news.
MMEX is located in the Permian Basin, one of the richest oil fields in the world. They will refine and supply to the U.S. and Mexico via existing railways.....at 50,000 plus barrels of oil a day, millions upon millions (in revenue) are made.
I'm thinking .024 EOD if no news...peeps will still want in at EOD, if news, then Woohoo! who cares! imo
Nice! Another milly block...let's push through those .022's!
Bye bye CDEL
Observation: yesterday VNDM had (.02) on it and we passed it this morning; today they have (.15).
It's getting ready to bust a move again.
Come on Jack! Release the News! (please -lol)
Here is a condensed version of what Doty Scott Enterprises could be using to appraise, or provide a valuation for $MMEX$:
How To Value A Young Company
https://www.forbes.com/2009/09/23/small-business-valuation-entrepreneurs-finance-zwilling.html
Technique No. 1: Asset Valuation (This is the one I hope they use in addition to the tangible assets like the land they own)
Of all valuation approaches, the asset approach–placing dollar values on all the assets on a company’s balance sheet and adding them up–is the most concrete.[.....] continued.
Technique No. 2: The Market Approach
Another way to look at valuation is by estimating a company’s earning potential based on theoretical demand in the market.
Start by estimating the size and growth of your addressable market. The bigger the market, and the higher the growth projections (ginned up by independent analysts), the more your start-up is potentially worth. For a young, asset-light company looking to attract deep-pocketed investors, the target market should be at least $500 million in potential sales; if your business requires plenty of property, plants and equipment, the addressable market should be at least $1 billion [.....] continued.
Technique No. 3: Income Valuation
The method, used extensively by financial analysts, involves projecting a company’s future cash flows and discounting them, at some rate, to arrive at their value in present dollars. The discount rate applied to start-ups is typically steep–from 30% to 60%. [.....] continued.
$MMEX$ Brace Yourselves
Disclaimer: This is my DD, my opinion; please verify all Due Diligence and take responsibility for your own trades. Good Luck everyone!
Actually a dime is what I was hoping to get in the interim, so it wouldn't matter if it turned after that. lol
Quote:
"Easy there. Setting yourself up for a loss. Main thing is to take profits along the way. Can turn on a dime
Agreed...cheers to you! See you all in the morning.
There was a Clay video for today. I saw it.
It looks like the CEO has had plenty of time to think this over and was waiting for the right time. We are witnessing genius moves here. MMEX will become more and more attractive as time goes by.
This is more than one run combined. Thats why it seems to be longer than usual, but its really not...we had pullbacks already too but it stayed green! Crazy! It looks continuous because news keeps coming out and verifying the legitimacy of the project. If valuation news hits tomorrow and the valuation is over .10, we immediately sail toward silver. It will be a one in a million play. Peeps may pull out if news is withheld at first, but being Friday I would imagine would rush back in toward EOD close for Monday. IMO
My estimate is a gap up to start with right away, then when it gets .02 (gap may be right at .02 right off the bat) and over - PT could start taking place at anytime. If valuation news comes out and the valuation is at least a nickel or a dime, then most likely multiple pennies for pps to catch up to newly assigned MMEX value (valuation); the higher the valuation, the more value the MMEX pps (immediately) becomes. IMO
He said, "We own the land." Since Jack owns Maple Resources and MMEX is the shell, I believe that MMEX will obtain the rights to the land, which is owned by Maple Resources, in the DS Enterprises valuation. MMEX most likely has the valuation in their posession now, but are waiting to release it in a PR hopefully tomorrow.
We expect a HUGE increase in PPS and everyone on this board that has "calculated" what the valuation will be, all valuations were over a dime.
Disclaimer: Always verify all DD.
Short version: MMEX Land Ownership
https://www.google.com/amp/s/www.bizjournals.com/austin/news/2017/03/09/austin-company-plans-to-build-450-million-refinery.amp.html
"This is a 20, 30, 40-year project," Hanks said. "We own the land. This is not a concession, this is not a lease. It's a long-term project, assuming the Permian Basin supply holds up, which we all think it does."
I know,their sever went down during power hour for MMEX.
Welcome to the $MMEX$ board.
A company valuation from Doty Scott. Maple Resources is rolling assets into MMEX shell (assets like rights to 250 acres of land in the oil rich Permian Basin, etc.); both companies are owned by same CEO Jack Hanks...that's what my take is on this. (Make sure to verify all DD); there's a lot of great links, keep a watch for them as they are posted). PS: the valuation was in process on March 14th and CEO says it takes about two weeks to complete..so I believe it will be this week some time. IMO
Moving to .017 soon then .02 imo
I think they will try and push this to .02 today.
YES Sir Captn! lol The FDA is all over this oil refinery project - looking to clear it once and for all. lol
Not telling people what to do here, but if valuation news prepared by Doty Scott comes out this afternoon, you may be wanting to kick yourselves in the (as you Brits say - arse), if you sell now that is...
Looking stellar here
The penny stock market is about to get crazier by the day...I have been saying there is going to be a boom in our economy - it will be like the roaring 20's again!
And away we go again...
$MMEX$
Anyone else see that 0.011577 trade?