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.
BLDV -- Niiiiiiice! Thanks!
http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=27981
The MMEX refineries are being built to meet the increased demand requirements of the Mexican market - Period
Hmmmm....I notice that some shares were conveniently omitted in assessing the share structure of BLDV - That Is: Held at DTC = 2,417,795,039....Which means the company is not as "awash in shares" as some may have been led to believe.
Indeed...Glad to see some relevant good sense being applied here...DD will let people come to appreciate exactly what they own and its potential for a great ROI.
According to the company 2000 - 4000 gallons of CBD is the quantity that will be ready for market soon.
AZFL looking good right now and will be looking even better once harvest numbers and purchase orders are revealed.
Long and Strong = Locked, loaded and ready!
http://www.marketwired.com/press-release/amazonas-florestal-ltd-today-announced-that-its-wholly-owned-subsidiary-amazon-hemp-otc-pink-azfl-2195845.htm
AZFL...The future looks extremely bright indeed...Millions to me made going forward in this new MJ Green Rush commodity...It is by design and not by accident AZFL is a new player and soon to be prominent player in this lucrative market place.
CBDs and hemp being grown and cultivated from a beginning 200 acres to a potential 500-1000 acres will be worth a lot of money to the company and shareholders will do very well...Amen to that...Go AZFL
MMEX....Sounds wonderful and I couldn't agree more about the inevitable spike in share price....I'm in to win and know that we will!
Thanks for all the insightful info.
Cheers
MMEX.....I love it.....How Swe-eet It Is....This project has been as much fun to learn and read about as it has been to see unfold and yet we know The Best Is Still To Come + $$$$$$.....Excellent!
OWCP has been and will be good for those in need of healing by MMJ and all LONG shareholders...THAT was a GREAT post btw and I think it's hilarious too - because it's TRUE.
AZFL -- The company has full control of its share structure and will use that control to grow IMMENSELY.....There is NO dilution.....Just keeping a close hand/eye on preserving that control of assets and shares....Harvest time is here NOW.....This is just the beginning of great and wonderful things for AZFL and its shareholders.....But it will soon be the end of unsubstantiated innuendo, conjecture and BS.
Indeed...Grab em while they're not so hot...lol....Go BLDV
Excellent!!! When the harvest is done and the weights are tallied be prepared for the MOA$$.....AZFL is getting ready for liftoff!!!
MMEX Resources Corp: An Overview
MMEX was founded in 2010 and is a publicly traded company in Texas, United States. It prides itself in being a player in the oil and gas industry, taking part in the acquisition, development and financing of oil, gas, refining and electricity projects in Texas, Peru and other Latin American countries.
Its management is similar to that of Maple Resources Corp with the founder: Jack W. Hanks having founded both companies. Maple Resources Corp is also a player in the oil and gas industry, though a much bigger player, with 1 gas processing plants and approximately 770 miles of natural gas gathering lines and transmission infrastructure.In 1992, Maple Resources sold substantially all of its U.S.-based assets and began to pursue energy projects in Latin America.
The management of MMEX corporation seem to be leveraging on their experience in the US market as well as the Latin America front to venture back into oil refinery in the US. This will be achieved through obtaining and retaining the contract in Texas and venturing further into the US economy. Their strategy seems well defined with significant upside potential for them.
The Texas Refinery Go-ahead
On September 1, 2017, MMEX received its first major breakthrough with a go-ahead from regulators to continue with its plans to distill 10,000barrels of crude oil per day at Fort Stockton, Texas. The company, having invested significantly in this project, with an investment of $333,111 in refinery start-upcosts (refinery rights, planning, designing and permitting) over the period till June 2017. The company expects to begin reaping the benefits through commercialization in the fourth quarter of 2018. The output from this refinery will, however, only be diesel.
This plan goes in line with the entity’s plans to build a large-scale refinery that can distill up to 100,000 barrels of oil per day. According to their SEC filings for the quarter ended July 2017, from this refinery, they can increase their product line to products other than diesel and well as boost their production capacity by over 90,000 barrels per day to the above stated 100,000 barrels per day.
The location of the oil refinery is also very strategic given the steady crude oil supply available in the Texas Permian Basin.
Growth financing: Is it possible?
The oil and gas industry is highly capital intensive as well as heavily regulated. For production to begin, an entity is required to have engaged with regulators to ensure they meet set prerequisites over which period all their equity is invested in projects. These projects generate no revenue till a go-ahead is given by regulators.
MMEX, being a player in this sector, has run the ropes described above. The value of their property, plant and equipment rose by over $75,000 in the refinery over a period where they made no revenues. This had negative implications on their cash flows as well as their profits respectively with the company making losses in the period till April 2016. However, the company made over $3.9 million in profits for the period till July 2017 courtesy of gains on derivative liabilities of over $4.5 million during the same period.
The company’s assets have grown by over $65,000 from $54,513 in April 2016 to $121,619 in July 2017. This is attributable to the capital investments that have taken place over this period in readiness for the commencement of oil distillation in the near term.
Despite the above, the construction of the 10,000 barrels per day distillation unit will cost the company about $5 million. Management in their filings to the SEC stated that they expect to harness their subsidiaries to raise this capital with 65% being raised through debt and 35% through equity. Moreover, the price of their dream of the 100,000 barrels per day distillation unit is about $450 million. The management, however, remains focused and hopeful in their objective of raising this money and growing the company.
Conclusion
MMEX is a great story by a company to venture back into a market it once was a player in. They exhibit grit and professionalism, both which are paying off quite well for them. While MMEX remains a speculative investment considering the amount of capital that needs to be raised, the reward far outweighs the risks in this author’s opinion.
REAL Facts Matter
https://insiderfinancial.com/mmex-resources-corp-otcmktsmmex-bets-are-starting-to-pay-off/172636/
AZFL...No one would be so foolish and shortsighted as to bother with such nonsense when they can grow at least '$30m' or more of MJ twice a year for a great many years to come...AZFL to da moon!!!
AZFL...Thanks for bringing that to Todd and everyone's attention Tony...AZFL is too legit to quit...In order to succeed in these markets, we have to learn to recognize the professionals and understand what they are doing...There's big money in the Green Rush' these days and that's all We LONGs need to know!
Cheers
MMEX...Perhaps because of Antitrust laws the 'big' oil refiners didn't get this project...Simple enough to understand really, without having to bloviate.
Wake up and smell tha green...Crypto is where it's at these days...Bitcoin has been on a tear and Etherium is right behind them for capital gains...NSAV will be leading the charge of the future with MJ coins and anyone not loading up here is cray-cray!
BLDV...I hear that...Ask them - What is happening with AMS? Thanks
AZFL....Excellent post.....Makes perfect sense too as it demonstrates and underlines increased shareholder and company value.
Thanks
NSAV...Greetings King...I am in - to win!
Prove it!
100% True...I am getting ready for the AZFL moonshot!
Well done...Me too...AZFL is primed and ready to 'jump the creek' soon!
I know it sounds cliche, but THANKS for the cheapies!
Keep up the good work Dollar...These prices are a great gift...Thanks for the excellent DD!
Agreed...Some are penny wise and pound foolish -- Pun intended...Go AZFL
That sounds WONDERFUL!!! Go AZFL!!!
Good stuff....Was there any mention of the grow house affiliation with AMS? That's primarily why I invested here and I think many others as well.
You know it!
Not at all....I do think however that she was alluding to the untapped potential of the numerous products AZFL will have available on offer to many industries in different fields.
The words "no cbd" were never stated...The words "We do know that the CBD oil can help effectively treat seizures, anxiety; it can help with pain from cancer treatments -- So in the future we are hoping we can merge with some of these medical facilities, to be their main distributor, for the oils they can trust -- Right now, we're just working with crude oil, but as we continue to grow we hope we can move into a better sector where we have a variant of better products that we can offer." were stated.
Oh yeah, I remember reading that post...Great DD...Thanks again.
Would you care to elaborate on the content of the emails? Thanks
From your lips to God's ears -- Thanks!
Thanks.
Luck plays a big part of it, but PATIENCE is most certainly a virtue needed to succeed in the OTC.
The problem with always focusing on and taking only small profits -- Is that one never gets to realize and take BIG profits.
Many ppl just focus on the dollar amount of the gains/losses in their portfolio and sell way too soon...BUT the focus should be on the share price and where the break-even point is and realizing that things are not always as bad as they may appear.
On a more personal note, I am currently down approximately 13% with BLDV (however 10 minutes ago I was down over 30%...lol) which was over $3k in the red...Now, to some that may be unacceptable, but I have over 4 million shares and knew my break-even point was just 7/100s of a cent and NOW it is just 3/100s of a cent from break-even -- No big deal really because after that PROFITS start coming in!
Well pointed out and stated Jah...I remain OWCP long and strong!
Great post...The USRM ship didn't 'spring' a leak tho - It was Torpedoed!
LOL...Without any proof to support what you claim, your post is to be regarded as no more than innuendo, conjecture and Bull***t.
Look at it this way. There are millions if not billions at stake. If the NASD and the SEC don’t go after it then it’s obvious they were involved so they have to start filing charges against those responsible.
If you want to determine if naked shorts are involved you need to determine exactly what the company has that would be so valuable to somebody else that they want them gone.