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It's right in the contract that maple HAS purchased his property, and it's not worthless when it's producing oil and gas products
Maple has assets, the 1.5. Billion shares were given to them, unregistered, so they can't be sold for 6-12 months, they were also sold to maple as an acredited investor, which means they have to have a certain amount of Capitol to be one.
I'm sure updates will come as they progress ,
As per the contract
4.1 Purchase and Sale Agreement for refinery location in Pecos County, Texas entered into between Maple Resources Corporation and Hayes Parker dated as of February 20, 2017.
4.2 Maps of possible locations
4.3 Ownership maps
4.4 Term Sheets, MOU’s Letters of Intent with potential landowners
4.5 Rights of way, easements
4.6 Land Use Permits
4.7
Legal review, Title Opinions
4.8
Royalty Agreements
4.9
Other
5.0
WATER
5.1
Water Use Permits
5.2
Studies relating to water use/availability of water
5.3
Consulting Studies
5.4
Other
6.0
AIR
6.1
Air monitoring tests
6.2
Air Permits
6.3
Studies related to Air Quality
6.4
Consulting Studies
6.5
Other
7.0
REGULATORY
7.1
Texas Commission on Environmental Quality documentation/pre-filing conferences.
Refinery isn't a drilling company not the same.
Maple bought property from Parker Hayes and that was transferred to MMEC
Please sticky my previous post
From the contract with maple "The Purchaser understands and acknowledges that the Shares must be held indefinitely and it cannot dispose of the Shares unless the offer and sale of the Shares is registered under the Securities Act or unless an exemption from registration is available."
3.5 Accredited Investor Status. The Purchaser is an “accredited investor” as such term is defined in Rule 501
So maple makes at minimum 2.5 million per year for the last two years.
4.0
LAND/REFINERY SITE LOCATION
4.1 Purchase and Sale Agreement for refinery location in Pecos County, Texas entered into between Maple Resources Corporation and Hayes Parker dated as of February 20, 2017.
And there is the land sale and transfer
And that $1200 is a 1/5 cut of mineral rights
Let's see a link for value in the property all I can find is that the mineral rights alone were $1200 per.
Lots sold enough to cover my initial investment a few times over, riding shares on the house now
Up 200% even with the haircut
Easy to make money here, flip them, frank has a ton of shares to sell buy up the 2's wait for some fluff and sell when it hits 3-4
In from .0062 I'm happy at any price
Anyone screen shot lvl2?
Ta is not gagged
Maple took over the debt
No could also be a partner, they seem to have their hands in lots of things these days
T trades ate reported on the same day, and are usually an average price, mm will report the higher t trade to keep the price down during the day
Anyone post lvl2?
My wife told me to back the truck up and load some more
Hard for him to sell hares in his private company lol, and he doesn't have many in mmex , 5 billion isn't many for a pinkie
The big boys don't build refineries, they will buy one. They will expand existing ones. And as oil production ramps up more storage and refining capacity is much needed.
Well I just got done building 300 750bbl tanks and 100, 1000bbl tanks, so oil is doin just fine
Still holding bags of cash
Can someone screeen shot the lvl2?
Lol, one project that didn't come to fruition doesn't make a scam lol. They have completed lots of multi million dollar projects
The 50% was lost because people were shocked mmex had no money, even tho the CEO stated the company had no money
Way to much money coming in to see a big retraction . It pauses , consolidates a bit but moved nirrh
Best of luck, not that much luck is needed here 600% gain for me
I work in the industry in Alberta, mmex can come here and build anytime, we need one!
If mmex and maple pull this off, it will be huge, 150-250 bbl in 10 years
Two, two exon refineries in texas
Yes maple is transfering assets to MMEX
For now I think it's maples transferred assets and the project
They will use those shares for the project but sell them at a higher PPS. They won't dilute and knock down PPS when doing. Aluations and trying to get financing. Adding shares isn't always bad, when it's used to fund mega projects
This Ian t dilution it's market makers
I must say, my only regret is not having more powder. Still holding all 500,000 from .0062
Mmex has us all a little spoiled I think, people complaining and it's a 10% gain or so , so far.
This would have to lose 500% for me to go red