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Yes, for sure a 'pump' as don't forget about the county recorder's office, KPE and trinity in on it too. Soon the railroad, President, Russia and China will be in on it too.
Good humor.
Go MMEX!!!$$$
PRICE Logic - UNDER .05 is CHEAP.
I get how people are saying "chasing", but the "will be too expensive" later line is exhausting itself. IF this is going to go as high as us longs know it is, even anything under a $1 is going to be mega cheap!
Us longs in well below .04 should feel very good right now. Should be a very good end to the year and a phenomenal 2018!!
Good luck!
Wow, yeah, we really "flew". PUMP!! This would be up like the other stock this is supposedly linked too is. That one has way more potential than this one. Glad I'm in both, but this one seems to need a little work done to it. Like maybe some real news and more than one employee working there?
LOVE the 'Matter of fact' tone from the longs here!
Usually on a penny up 40% you would see tons of CAPS, BOLD and major pumping.
It's cool, calm and another day in the office for the true longs here. They know it and have given me enough info and facts that now I know it!!
That's a GOOD feeling! Thanks to FLNY, Farmer, Choi, HAWK and many others. Awesome Work! Look forward to meeting up at the 1st annual Ex-DOLV party! Gonna be fun!
Hmm? Where are those .02's? LOL!
JNBY!!!!!!
Dollar talk is absurd at this point. We are not even at a PENNY!! Good ol OTC.
Anyone know the outstanding shares on this? Clearly there were 2 pot stocks that DID go into dollar land on SPECULATION ONLY in about 4-6 weeks.
I seriously doubt any of the original shareholders HELD to those levels. NO way!
Think about if bought in at .0004 or something and it went to a dime. About 80% of people would probably sell a lot of their position. The ones that had millions and sold only 1/2, then rode it further would have sold at well under a dollar not thinking in a million years it would go past a dollar.
Lots of talkers on these boards. If they had so much money, WHY would you be trading Stinky pinkies? LOL!!
Legal stuff is DUE this Friday per below:
Responses to complaint now due August 11, 2017
Some say this court deal doesn't pertain to anything. I disagree. If they want to start off CLEAN with whatever symbol, then cleaning this up would be a very good place to start.
Changing symbol, announcing quarterly's and hopefully contracts while having a pending lawsuit which you they initiated in the tune of 54 million shares is probably bigger than we think. Why?
As I've previously mentioned, if they know this baby is going to fly once all the ducks are in a row, that 54 million shares could equate to A LOT of money! I would think they would want this legally behind them before ANYTHING really takes off.
As people have been stating, this company is apparently already manufacturing and filling orders so revenue may be showing on the quarterly which would only catapult this thing further to get ready for dollars once symbol change and contracts are announced.
IMO of course, but Mark this on the legal assumption. I think I'm right on here!
Good luck
-OUT-
List of MMEX "SCAM" participators:
1) Pecos County Recorders office
2) Texas Grant program
3) Railroad company
4) KPE engineering
5) Trinity Consultants
6) City Mayor
7) Permit department
And of course, the one, the Oooooonnnnnly...........Jack Hanks himself.
LOL! Are you kidding me????? We're building a fricking Refinery in the hottest shale producing areas in the WORLD!!! Then we are going to transport less expensive Shale refined oil to country's in Poverty with a HUGE demand for oil via newly constructed railroad which just happens to be adjacent from the LAND MMEX just CLOSED on!!!
Pumped? LOL! Yes, acquiring a company Big Red which produces about $12 million in revenue, paying down debt, getting rid of toxic debt and getting real financing with a well-renowned bank People's, for SURE a PUMP!! LOL!
Do you realize how stupid that sounds? Apparently not.
Literally embarrassing.
Go BTGI!!!!
TO ALL:
Mav's post stickied, awesome! Anyone able to refute yet? Didn't think so. This post is so powerful and if you have ANY doubt on this investment at ANY time, just re-read this.
Looks at the volume today with still no news. Another huge sign this stock is for real. Yes, it's down, but by 1-2%? Big whoop. That will be made up per tick upwards when the news hits.
Diggun's post on the lack of PR's is spot on! They won't need any fluff. They are sticking to their plan on being the largest and best EV car manufacturer in the world. Will it be #1? Don't know, but again, a CAR company less than a nickel a share?? LOL! Are you kidding me?
The only thing I disagree on is the statement that there will be a few huge pullbacks once news gets released. I don't think they will be that huge as once the reality sets it, this will be like snagging a Marlin accidentally fishing in a canoe. Unstoppable!!
I bought more on the dip this week and feeling pretty good. This is the first stock I've actually felt really good on even when red 3-4 days in a row. That's big!!
Good luck to all and have good weekend.
Only post allowed - OUT!!
.25 won't happen anytime soon. Look at the outstanding shares and multiply that by .25. No way will it have that value prior to actually making any revenue from the refinery. Wish it would as I'm long, but it's going to take longer than that and they will have to do something about the dilution. IMO.
Richer - PHENOMENAL reasoning behind the .0025 complete out of the blue guess. Love the support and due diligence you provide. I'm selling now for sure! Thank you for saving us from losing. LOLOLOLOL!!!
BVTK!!!!!!!!!!$$$$$$$$$$$$$$$$$$$
FAKE Green again today? Hey I-Glow, have you heard? We're building a refinery!! LOL!!!!!
WHOLE State of TX in on the "SCAM" didn't you know? LOL!! Exactly, Like KPE and Trinity would even want their names associated with MMEX in a PR AND on KPE's website. Super funny stuff.
Ribbon cutting will be glorious!!
$$MMEX$$
MUCH competition per below:
http://www.made-in-china.com/products-search/find-china-products/0b0nolimit/Electric_Vehicle_Battery-3.html
https://www.cnbc.com/2017/06/16/chinese-tesla-rival-to-launch-7800-ultra-compact-electric-car-in-2018-with-changeable-batteries.html
Market is heating up and at lightening speed. I was trying to find any connection with the CHJ auto where they may use our Battery, but the other link shows SO many other kinds.
Let's put it this way, the next PR is going to be DO or DIE and it better be earth shattering with so much competition out there. IF there was some news on what CHJ has, you would think with the talked about "DOLV is 2-3 years AHEAD of the competition", you would think there would be SOMETHING leaked out there??
Bought more today on this dip and really hope for some news soon!!
Nope. I'm long. I get how it can take awhile to record things as I do real estate myself, but really would be nice to make sure additional testing and such was being done as stated by another poster today.
Just looks better if the proper due diligence was done prior to actually purchasing the land.
Meanwhile, the stock is moving upward nicely today.
The outstanding shares is a bit concerning as well, but this is "long" term for me and if this really does come to fruition, it will be a very nice return.
Good luck to all!!
MMEX!!
PECOS COUNTY RESPONSE VIA E-MAIL:
From: Sam Calderon III [mailto:scalderon@pecoscad.org]
Sent: Monday, July 31, 2017 2:59 PM
To: 'Santa Acosta' <santa.acosta@co.pecos.tx.us>; joe.shuster@co.pecos.tx.us
Subject: RE: Land Purchase MMEX Resources Corp - 126 acres
We have checked the take offs, and nothing has come through. I had Elma and Melba double check. They do the deed transfers. Unless they bought it under a different name?
Sam Calderon III, RPA
Chief Appraiser
Pecos County Appraisal District
P.O. Box 237 / 201 S. Main St.
Fort Stockton, TX 79735
432-336-7587 … Phone
432-336-2665 … Fax
From: Santa Acosta [mailto:santa.acosta@co.pecos.tx.us]
Sent: Monday, July 31, 2017 2:39 PM
To: joe.shuster@co.pecos.tx.us; 'Sam Calderon III' <scalderon@pecoscad.org>
Subject: FW: Land Purchase MMEX Resources Corp - 126 acres
Maybe you can help. Santa
Sent: Monday, July 31, 2017 12:28 PM
To: pcauditor@co.pecos.tx.us; liz.chapman@co.pecos.tx.us; sacosta_ptac@co.pecos.tx.us
Subject: Land Purchase MMEX Resources Corp - 126 acres
Good afternoon,
I understand there was a closing of some land in Pecos County announced for a company called MMEX to use for a new refinery? Wasn’t sure which department to contact.
Is this correct and I’m assuming this would be public information?
I do not know the exact address, but assuming the 126 acres along with the purchaser name would limit it down quite a bit for verification?
“20 miles NE of Fort Stockton” is the closest address I have which I know isn’t much.
Anyhow, if you could somehow confirm this has actually taken place, it would be of much help.
Thank you!
WHAT NAME would the LAND have been purchased under?
FAKE Green today? FAKE Volume? LOL! Everything's FAKE accept the fact that MMEX is BUILDING A FCKING REFINERY!!!!!!!!
LAND PURCHASE: PUBLIC INFORMATION - PECOS COUNTY
Land and/or real estate purchases are usually if not always public information which should easily be obtained via either website or phone call.
I've e-mailed 3 different departments at Pecos County trying to confirm there was a CLOSING of this land of 126 acres. Now clearly I did NOT have an address, but I gave them MMEX as company and gave them the vicinity of the land which is 20 miles NE of Fort Stockton.
Should NOT be that hard to figure out if a transaction of that size closed or not. As of now, I haven't heard back a thing.
This would truly be PROOF that the transaction closed. I checked on the county website and I have not been able to see anything. It of course could take a few days to even a few weeks to actually be recorded as we all know how fast government entities work.
I for one would like total confirmation that this land deal did in fact happen and it's going to be in MMEX or Hanks name. Until then, IMO, it's speculation PR or not!
Others must clearly feel the same way or this thing would be way past a penny right now. Only up 11% on Land purchase news? That does not excite me at all.
Can't keep hoping for the "next" big thing here, which now apparently are the permits. The closing of the land should definitely given this thing a bigger jolt than it did today. That's why I'm a bit skeptical here.
IF land is confirmed under MMEX/Hanks AND permits are granted, BAM!!! To DA MOON!
Until then, flipping, guesses and manipulation will continue.
C'mon Confirmation of Land closing and PERMITS!!
As far as "only" 10,000 barrels a day to start after initially stating 50,000 - WAY Smart IMO. Why undercut yourself starting out 5X higher when you can establish cash, jobs and notoriety in the industry with 10,000 which will clearly be able to pay off any toxic debt and secure way better financing for the growth and more land to expand. Very smart.
Go MMEX!!
Annarita - Absolute phenomenal insights on why this is a scam. You are a very good source for comical relief. Thank you!
LOL!!
NOTHING WILL HAPPEN UNTIL LAWSUIT IS SETTLED!!!!
New York Eastern District Court
Case Filed: Apr 28, 2017 (When was the last time you heard a district court case settled in 3 months??!!) lol!!
The court defers consideration of pre-motion letters already filed until August 11, 2017. This schedule may be altered only with permission from the court. Plaintiff is ordered to serve a copy of this order on all defendants who have not yet appeared by counsel. Ordered by Judge Allyne R. Ross on 7/12/2017. (Matsumura, Rebecca) I'm sure this judge wouldn't have done any due diligence on the legitimacy of this company since she's only been a judge for about 30 years or so. Another lol!!
Naysayers, please, again, refute how this can be a scam when it's actually filed in DISTRICT COURT!!! lol!
Super funny. Oh, also, you do know stocks go BOTH up and down right?
"Currently used in 4 million systems"??? HOW can the stock be trading this low then? WHEN are their next financials due?
If used in that many systems by large companies, I'm assuming they must get a fee for this right?
Sold 1/2 position yesterday, but still own a lot. IF this is the real deal and not billions upon billions of shares issued with mega dilution, this could make some money!
How many systems do they need to be in to be at a fricking penny? 1 billion?
Just seems a bit odd why trading so low.
LAWSUIT and Symbol change link:
This is MY theory and I'm sure it may have already been talked about prior however I think it may be worth mentioning again if that is the case.
There IS a lawsuit pending and DOLV are the plaintiff, NOT the defendants. However, it's STILL a lawsuit.
In my opinion, I think they would want EVERY loose end tied up PRIOR to launching possibly the most epic PR of all time in history of the OTC. Add in the fact that they want to push the old DOLV past away and start out new, I believe the old shares would still be DOLV?
It's 54 million shares. I'm not sure if those shares will be "given back" by the plaintiff or just eliminated completely?
They may KNOW what the value of these shares will be in a relatively short time frame and 54 million shares X $5-$10 a share is A LOT of money.
I think they want this completed prior to any symbol change occurs. The next date for this is August 11th I believe where the FEDERAL Judge has ordered defendants to come up with the information requested.
I'm thinking mid to late August and possibly even September is when we will see the symbol change and our financial world changed forever.
Rest in Peace DOLV and onto the real symbol.
"having been endorsed by IBM and Microsoft" UM, WHAT?????
ONLY copper??
How many shares are outstanding? That may be a problem, but IBM and MICROSOFT????
HELLLLLLLOOOOOOOOO!!!
MOONTIME!!
ABHI!!!
Earnings? Does anyone know what this company actually EARNS after the expenses?
To me, for ANY penny stock, $40 million in Revenue is nothing to sneeze at. SO, as some have been saying, you could make a Billion in revenue but if expenses and debt outweigh that, well you don't really even need a calculator to figure out the company isn't really netting any money.
If they have SO much Debt, how much debt to they have?
I just don't see how getting financing from a well-known bank can be looked at negatively especially when it's pretty evident the company is actually growing and increasing assets?
I'm also not a analyst guru either, so that's why I'm asking about how this stock can be 1/2 a penny when numbers on revenue seem so high and if that high, why on earth would you need to consider diluting even a little if your making that much cash?
I know the trucking industry must have quite a few expenses as the trucks and fuel costs alone must be very large.
I'm still feeling very good about this stock 1-2 years down the road. I'm holding.
BTGI!!!
In regards to the permits:
Wouldn't the land testing be performed PRIOR to wasting time applying for permits? I thought they had to get some kind of approval of the soil or something?
And WHY are we even talking about permits until actual CLOSING OF THE LAND is finalized?
That sounds a tad pumpy I do have to say.
Hope she flies, but let's not put the cart before the horse.
MMEX!!! Biatch!!!
Steady moves UP will start to help ridnthis board of most the scum. You'll get your typical one liners that post ludicrous price predictions like ".02 coming" or "scam" with absolutely zero due diligence whatsoever.
True longs know and that's exactly what's being seen today with this trading. Add no news to the low volume and still up just reiterates the strength of this sleeping monster!
Good luck to us all.
DOLV!
What would level 2 have to do with dilution? Does anyone think MM's could possibly manipulate level 2 to make it look like how they want? So 31 million more shares were issued last week?
If so, Big F'ing deal. You may not have heard the news, but the company just Closed on an acquisition that makes $12 million a year and the financing is through a BANK that's been around since the 1920's, so they may need some more funds to possibly acquire another company down the road. In other words, GROW the company. Constructive Dilution is a lot different then Pump and Dump dilution.
PULL IT OUT and get your facts straight before sounding idiotic! Ooops, too late!
Embarrassing.
Go BTGI!!!
I don't think many realize just how serious the Chinese Government is about becoming a world leader in the EV market.
http://www.mckinsey.com/global-themes/china/chinas-electric-vehicle-market-plugs-in
Per below, DOLV should ROCK very very soon!!!
Still, indications are strong that China will be in on EVs for the long term. In 2016, the country expanded its EV-charging infrastructure to a total of 107,000 public charging outlets—an increase of 118 percent over 2015. And additional McKinsey research shows that a majority of Chinese EV owners are eager to buy EVs again, and that the number of Chinese consumers who say they are interested in purchasing an EV has tripled since 2011.
Having the connections and support of the government will secure the success of this company. It's coming and it's coming hard!!
Also, to reiterate on the "scam" nonsense. Per below, Scams don't file federal complaints in US federal courts:
ORDER granting11 Motion for Extension of Time to Answer All Defendants. Responses to complaint now due August 11, 2017. On or before August 11, 2017, plaintiff shall also file proof of service of the complaint on all defendants who have not yet appeared by counsel as of that date. The court defers consideration of pre-motion letters already filed until August 11, 2017. This schedule may be altered only with permission from the court. Plaintiff is ordered to serve a copy of this order on all defendants who have not yet appeared by counsel. Ordered by Judge Allyne R. Ross on 7/12/2017. (Matsumura, Rebecca)
Yes, People's bank I heard is in on the "scam". LOL!!! Are you F'ing kidding me? Over $40 million in revenues, NON-toxic debt and these buffoons are crying dilution and scam. Name ONE penny stock that has ANY kind of financing through a reputable Bank that's been in business since the 1920's.
Funny stuff. Keep it up. Good, cheap entertainment like this stock is. What a deal at UNDER a penny. Unreal how blind people are.
Go BTGI!!!!!!!!!!!!!
Annarita, I can see why you only have one follower and it's probably your own alias. LOL!
Wow. Unreal. Pull it out.
Tapioca? Ludwig? Hmmmm? Wonder where they are? Yeah, their calculators must be broken and couldn't see that $40 million in revenues for a penny stock is crazy under a penny!!
China Acquisition article below shows IMO,
https://www.bloomberg.com/view/articles/2017-07-20/china-s-buying-spree-ends-badly
somewhat of a strength DOLV will have as it will be "home grown" and maybe China's government will have learned from past mistakes about acquiring other ailing countries businesses and not having them perform too well afterwards. Some examples are given in the article.
If their is ONE industry China MAY be able to actually OWN and dominate, the EV market would be it.
Will DOLV be a BIG part of that? IF so, then I can't even fathom what the stock price will be if any deals are really signed within China to start and worldwide soon afterwards.
I think they may actually need some help, and according to the article, IF the company stays within China's walls (which I doubt) it can limit the stock price in terms of how high it could go vs. open markets worldwide.
This is somewhat boring and not too sexy, but imo, it does play largely into how a company can succeed out of China which clearly affects us DOLVers!
Good luck and my post is spent.
Have good weekend.
P.S.
Anyone check out the Judge in charge of the lawsuit for the 54 million shares? Pretty tough to call this a "scam" based on that alone. However, we all must remember the dreaded name in investments "Madoff". He had very intelligent people lose tons of money. Doctor's, Lawyers, bankers. These kind of scams can be done, so any awesome news soon rather than later would be greatly welcomed!
Crowin - How many posts in a row will it take do you think until you're right? lol!!
Haven't you heard, permits are coming to BUILD A REFINERY!!??
Better get in while at such low levels.
MMEX!!!$$$
COURT FILING INFO: and Articles that May have been posted before, but very good indication on just where China wants to be in this sector.
They want to be NUMBER ONE. Period.
Court:
Wednesday, July 12, 2017
order Order on Motion for Extension of Time to Answer Wed 1:40 PM
ORDER granting11 Motion for Extension of Time to Answer All Defendants. Responses to complaint now due August 11, 2017. On or before August 11, 2017, plaintiff shall also file proof of service of the complaint on all defendants who have not yet appeared by counsel as of that date. The court defers consideration of pre-motion letters already filed until August 11, 2017. This schedule may be altered only with permission from the court. Plaintiff is ordered to serve a copy of this order on all defendants who have not yet appeared by counsel. Ordered by Judge Allyne R. Ross on 7/12/2017. (Matsumura, Rebecca)
NOTE in this link below, the GOVERNMENT INTEREST!!!! HUGE!!!
https://finance.yahoo.com/news/china-plans-over-car-industry-093000294.html
"Belt and Road" Project
http://www.srcic.com/news/detail/109/
I have one post a day to this board and cannot send PM's.
Good luck to us all, but IMO, this above along with Choi's post on the $200 Billion crazy amount of money that may be going into this it will be in $$'s EASILY by early to mid next year LATEST!
DOLV!!!!!!!!!!!!!!
Lol, 3 posts in a row=Desparate!! Going to be building a refinery, haven't you heard? Too busy with hypothetical fictitious story's I guess??
"Lucky"dog -
You may be interested to know that over 90% of trucking companies have less than 6 trailers, so "only" 10 would probably be considered a "fleet".
Pull it out!
BOLD = DESPARATE! Oh, look! Goin UP!! Yeah BABY!!
Kind of liking the ZERO fluff and lacking the childish back and forth basher vs. pumper/long jabber.
When this thing actually matures, which it will, longs will be prosperous. Too many dots connecting to think this will NOT be moving forward. WAY too many.
Good solid day today. We'll see how the rest of the week progresses.
Good luck All!!
I'm keeping an EYE on your pic! Man is she hot! MMEX that is.
DO understand risks, however, below is what I think from info I gathered as I'm certainly not an acquisition or merger expert. In my opinion, per below facts, Big Red is already a company making money and obviously a business that BTGI already knows and understands.
As you can see in bold, IMO, the trucking industry is probably one of the businesses that is GOOD to just focus in per very stable and will always be around. Acquisitions can help obtain better financing for this "toxic debt" you speak of. With $12 million more revenue into the books, I would think a lender would find that very attractive for possibly offering better terms on debt.
The risks in bold actually show mostly as strengths as it's already in a business this company knows very well. Other than the actual return on investment, I have no clue what it cost BTGI for this acquisition, but terms will be released very soon.
Reasons and Benefits
The main reason is diversification as to reduce risk. Exposure to risk increases when a company invests heavily in one industry or sector. Companies facing the prospect of bankruptcy often look for a business to acquire them. Corporations and large companies have liquid assets, access to sources of financing, and good cash flow management practices. Acquisition may also improve the chances of companies to gain access equity and debt financing. Tax benefits are another advantage for companies with net losses. Tax loss carry forward applies when losses are reported on the tax return and are used to reduce liabilities.
Risks Associated with Acquisition
The integration of new product lines, technologies, and marketing strategies may require different managerial practices, monitoring, and financial strategies. The target company has competitors, store customers, and business partners that are different from the acquirer’s customer base and competitors. Risks are also associated with unanticipated costs, delays, and other issues that arise with the integration of systems, staff, operations, and business practices. Other risks involve the sales volume, rates of return, and profits on the investment made. Some target companies require significant investment in new machinery and equipment. Business loans, money owed to suppliers, and other liabilities are another factor. Finally, risks and uncertainties also relate to the ability of the acquirer to develop new marketing strategies, launch new product lines, implement good practices, and maintain product licenses.
GO BTGI!!!!