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Well, that list pretty much eliminates mmex unless they get real financing and actually build something.
All this time since mmex made the announcement, nothing substantial has occurred, still waiting on your response to that question. Second, the pps has TANKED to a measly poultry .0025. The pumpers have all but gone away having done their paid job. Interesting the market really tanked the pps after this last "shareholder letter" finding it very wanting in anything positive
Why is it not a 100%? By now, they should know this!
To make $5 the RS would have to be around 2000 for 1. wiping many many shareholders out, also leaving someone with one million shares only 500.
The pps would then tank extremely fast after that, wiping many, many more out. They will also be able to continue to get EXTREMELY TOXIC LOANS over and over and over again. At a 40% discount the lenders are making tons and tons of money, mmex is making tons and tons of money. Shareholders are losing tons and tons of money. The only thing being accomplished is dirt pushing. mmex changes companies in almost every time an announcement is made. They didn't finish the valuation because there absolutely nothing to base a valuation on!!
Question 17 - the truth finally comes out, a year later: “We did not complete the valuation, it was too speculative.” Wow. This will make interesting fodder for regulatory agencies.
Question 15 is an interesting disclosure - Interstate/RAMA is no longer an EPC contractor for MMEX! Where was that PR? Why wasn’t there an 8-K (probably for the same reason there was no 8-K disclosing the original relationship). “As soon as we firm up the contract with a new firm…” so, in reality, there is no EPC…
Could you tell me what really has been accomplished all this time by mmex? Anything really substantial?
mmex has NOTHING TO LOSE and everything to gain. Spend 100k to make 5MILLION. SPEAK a little honesty to fool the masses. The history of mmex speaks for itself in the CURRENT PPS OF LESS THAN 1/3 OF 100TH OF A DOLLAR. BARELY JUST BARELY ABOVE 1/4 OF ON PENNY .
It sucks that it is so hard to trust people in pennyland. Especially the scammers that are very very very very very good at the game. mmex may really be trying hard to build a refinery but between edwardscott and carjockey2 BS. It turned me off and since then the pps went from .007 in late february to .0027.
BTW, they pumped it from .0563 along with CEO's all the while knowing about the extremely toxic loans. CEO's admitted this to me, tried to convince me it was good. Maybe good for a start up company needing cash but it is NEVER GOOD FOR THE PPS. No matter what! Toxic lending is never good for the pps. Never.
So, somebody truly on your side would have suggested you sell and buy back several months later. But nope, they kept pumping and pumping and pumping. gaybears is just to stupid to know any better.
I will say one positive thing concerning this stock. At this point being the pps is so low, there is absolutely no reason to sell at this point, in fact, if I were to have held this long and rode it all the way down this much, I wouldn't sell till I either made a ton of money or it went to zero. What would you have to lose by holding currently? I truly hope all you longs make a ton of money here.
Good luck to ya because I do not see how a potential RS is good. The market is gonna view this badly, actually they already have by the current down trend. But, I will say this is holding vey well just for 5 minutes from a high of .0563 16 months ago to a current pps of .0029
Yep, with all those carrots put in place, here is the caveat...........
Thanks for the update and the knowledge that every time one comes out the pps falls, why do you think that is?
That's funny how it sure is getting closer and closer and closer to the trips then the other way. You do realize this is a DOWN DOWN trend, right?
Hot dang, this is on its way to a quarter. mmexers getting excited now that its gone up 1/10,000th of a penny. Does someone "know" something, are they pushing dirt around again.
Better get in quick.......Oh wait, never mind, back down to where it was. But boy oh boy that was a rush seeing it go up one ten thousandth of one penny.
This could very well go into and settle in the .001's today. Wow, I sure hope really good news comes out for you longs. It seems the only thing going to move this north is actual financing in place. All the other "milestones" have done nothing but bring the pps down further and further.
Yeah, ok. mmex is currently @ .0028. No financing was ever announced. Last OFFICIAL WORD FILED WITH THE SEC stated their was noooo financing.
pennyking130 Monday, 04/23/18 06:37:12 PM
Re: pepeoil post# 98385 0
Post #
98401
of 107745
Financing coming no later than 5/31/2018 not much time left to buy imo!
NOW THIS WAS A VERY VERY VERY VERY VERY LONG WAIT!!!!!
pennyking130 Thursday, 03/22/18 12:23:06 AM
Re: crowin post# 92742 0
Post #
92747
of 107745
Expecting positive updates shortly MMEX Kaboooooooooooom
Successful companies with a good business plans do not continue to drop in pps when each "milestone" is achieved. The market, on a real company would see each milestone as positive and the pps would rise.
Basically, anytime hanks opens his mouth, the pps drops further, this is very verifiable.
The thought and dream of a new refinery is one thing and being built by a reputable company is doable and needed. mmex is obviously not the right company.
How much longer do you hold a stock like this, before you think enough is enough, something should have happened by now!
Probably kinda maybe sorta....
You mean like this post...
Dang this was a year ago!!!!!!!
elks Member Level Wednesday, 08/23/17 03:35:40 PM
Re: Carjockey2 post# 67043 0
Post # 67047 of 107733
HUGE upside coming MMEX
Looks like mmex trading in the .002's have become the norm. Then the sudden drop to the .001's and a small pop back up to the .002's then the slow steady drip to the one's where it will trade for awhile and continue on down. Somewhere mmex will have to do a RS, I would think.
Oh, of course each time a new mmex carrot will be put out for the blind to smell. This time it's the shareholder letter and something supposed to happen on the 15th of September, which every milestone has been met with a further drop in pps.
This has really settled into the .002's rather well. Those who bragged 6 months ago about owning 21 million mmex shares or the 67 million mmex shares ( Yeah right ) sure have to be pissing themselves.
But hey the CEO guy with the imaginary very very very very very gifted mmex ford truck may offer them a ride.
I'm getting tired of updating these everyday as the red weeks - red days and pps keep getting worse. From .056 down to .0028 and a drop to .0015.
Yep and the current price per share? NOT EVEN ONE THIRD OF ONE PENNY!!!!! .0028
How do those "milestones" sound now!
Here are some more facts.....Ok, facts...
1. PPS .0030 and testing the .002's quite often now.
2. NO financing
3. Several missed deadlines ( to many to count)
4. Forgot a 20 MILLION DOLLAR component!
5. Continued down trend in the chart.
6. No letter of intent
7. Admitted that dilution of "Any equity financing into which a Subsidiary enters will dilute the Company’s ownership"
8. Too many to count extreme toxic loans
9. Future extreme toxic loans to come.
10. Lack of sector knowledge and forecast ( didn't know cost of business would rise) really?
Way more to it, but EVERYONE gets the idea...
Just the facts Ma'am
Wow, out of 26 weeks, 19 weeks have been RED, yep you read that right, RED.
Or out of 52 weeks ( one year ) 34 weeks have been RED, yep, RED R E D. Only 15 green, the rest even.
wowowowowowowowow
JUST THE FACT'S MA'AM
just post the facts, because the truth speaks for itself. Whether you like it or not good or bad. DD shows where the pps was and is and the very strong potential of where it is going.
DD will lead you to the 10K and the shareholder letter where they contradict each other. DD will lead you to see the several missed deadlines. The lack of financing, the forgot about $20 MILLION DOLLAR missed component. The DD will show you the multiple upon multiple EXTREMELY TOXIC LOANS.
Thoughts and talks about building a refinery are one thing. The DD on mmex show a completely different story. Sorry, I do not have PM on any site, nor do I need it. MMEX DD tells it all, and all by itself, they are it's own worse enemy.
Talk is cheap and actions speak louder than words. There is no forward positive action in mmex. Sorry!!
It is pretty dang obvious since, well, you know, umm the PPS is .0028. DUH, it can't even hold ONE THIRD OF ONE PENNY!!
Step 8 Sell shares to extremely toxic lenders
Step 9 Tank price
Step 10 Repeat steps 8 & 9
First rule, keep dangling carrots so shareholders keep extending the deadline further and further out.
Yep, that's about where we are at
PPS .0028 and falling after EVERY SINGLE MILESTONE. No one believes!
hahahahaha everyone else has abandoned this turd.Good for them, I hope they get their money back somehow. Everyone of you should email blast and call 24/7, scream at them for their poor performance. Call the SEC,
hope your enjoying the mmex at .0028 pps. Yep, not even ONE THIRD OF ONE PENNY. YEP, YOU READ THAT RIGHT.
MMEX CAN'T HOLD
ONE THIRD OF ONE PENNY
. No need to bash, just gotta state the facts.
Anyone, everywhere can verify it on their own!!
From the hyped up announcement and stampede of greed coupled with the fear of missing out highs of .0563
TO THE
reality of a lost cause and meaningless milestones coupled with the truth of the copious amounts of stated facts have rendered the pps down to well below ONE THIRD OF A PENNY. So much so that it is now trading in the .002's
Where are all the " thanks for the cheapies" or " I bought a ton more" or " you won't see it this low ever again"?
Yep, the PPS goes from the hyped announcement of .0563 to the actual/factual reality of .003 with all those "milestones" built in. Thanks for bringing that to our attentions, hadn't looked at that way before. YIKES and YUK
Yep and the current price per share? NOT EVEN ONE THIRD OF ONE PENNY!!!!! .003
How do those "milestones" sound now!
Here are some more facts.....Ok, facts...
1. PPS .0030 and testing the .002's quite often now.
2. NO financing
3. Several missed deadlines ( to many to count)
4. Forgot a 20 MILLION DOLLAR component!
5. Continued down trend in the chart.
6. No letter of intent
7. Admitted that dilution of "Any equity financing into which a Subsidiary enters will dilute the Company’s ownership"
8. Too many to count extreme toxic loans
9. Future extreme toxic loans to come.
10. Lack of sector knowledge and forecast ( didn't know cost of business would rise) really?
Way more to it, but EVERYONE gets the idea...
Just the facts Ma'am
Wow, out of 26 weeks, 19 weeks have been RED, yep you read that right, RED.
Or out of 52 weeks ( one year ) 34 weeks have been RED, yep, RED R E D. Only 15 green, the rest even.
wowowowowowowowow
JUST THE FACT'S MA'AM
just post the facts, because the truth speaks for itself. Whether you like it or not good or bad. DD shows where the pps was and is and the very strong potential of where it is going.
DD will lead you to the 10K and the shareholder letter where they contradict each other. DD will lead you to see the several missed deadlines. The lack of financing, the forgot about $20 MILLION DOLLAR missed component. The DD will show you the multiple upon multiple EXTREMELY TOXIC LOANS.
Thoughts and talks about building a refinery are one thing. The DD on mmex show a completely different story. Sorry, I do not have PM on any site, nor do I need it. MMEX DD tells it all, and all by itself, they are it's own worse enemy.
Talk is cheap and actions speak louder than words. There is no forward positive action in mmex. Sorry!!
Come on jack, put out a shareholder letter so this can get back into the mid .003's
Yep, but the dips into the .002's are getting deeper and more frequent. How is that good?
Come on mmex get to .25 so all these longs can make some money and provide for their families. Come on jack, make millionaires out these people, you have waited way to long and not done enough for your loyal supporters. Start by telling the truth on why there is no financing, it's not like the pps can get much worse. Oh wait, you gotta keep silent so the pps won't tank further so they extremely toxic lenders can continue to sell and dilute
See, I'm on the side of the longs, unfortunately the market is not.
So the only next hopeful event for the longs is the shareholder letter? It seems it's always good for new carrots to dangle in front of shareholders all the while pps drops due too dilution and selling into the fantasy land.
mmex is the only place where people cheer a negative 4% and a dumpage/dilution of 40 million shares, knowing it will drop the pps further, it seems like any movement gets them excited regardless how negative it is ( pictures etc..). mmex is the only place where there is no hope in sight and people still want to believe. Yes on the mmex FB comment . I would be so embarrassed to be associated with that. Everyone in the world can see what .......
At what point do you start to think to yourself, hmmmmm, maybe this is a scam after all? Mine was the continuous very very very very very and the gifted ford trucks, just plain ole over the top!
Looks like the bottom has dropped from .0035 to .003 and still trying to break through to the .0025 range. This seems to cause glee and excitement from the rah rah crew for some odd reason. I guess when you have no more deadlines to look forward to, no lingering hope and gaybear style DD for a leader this is what you resort too.
Yep, it is so dang mmex obvious but the mmex rah rah crew can't see it.
Yep, they sure do and it doesn't look good for the holders of mmex. Good call and thank you!
oooooooohhhhhhh, this DD sure showed the world what mmex is capable of. Yeah mmex, go ahead and just build it then! If this were opposite universe the pps would not be struggling mightily to hold ONE THIRD OF ONE LITTLE ITTY BITTY PENNY!
Hmmmmm 8 months later and the your post is still VERY VERY VERY VERY VERY relevant!
josemaria Friday, 01/19/18 11:08:18 AM
Re: None 0
Post #
83605 of 107587
No love from mmex :(
hahahahahaha, wow, looks like mmex was sooo close. NOT! It's sooo entertaining to go back and read the post from may.
bbcars Member Level Wednesday, 05/09/18 05:06:55 PM
Re: mikoli007 post# 100128 0
Post #
100130
of 107586
That's why we're buying...it will go to .05 ,so 1600% is a good return in my book... but maybe that's just me.....Anybody else alright with a 1600% gain? And remember, .05 was on rumors... .05 will be passed in the first few days of finance announcement...I'm thinking more like 4600%...or about .14 cents by end of summer ! Who's in ?