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Holding nicely and currently 23% above post R/S levels.
23 of them. 550 button stuck.
They sure put a lot of effort into this alleged "scam".
A quote from the recent shareholder letter...
The SEC will love this because it is official & totally believable. riiight
That's not LEGO and you're not showing a desalter. Where's the LEGO one?
Well assuming you're correct, all the companies signed up must be scamming too. Not very logical. But certainly a possibility. However highly doubtful. Anything is possible including the legitimacy of MMEX. So, I guess we're on even ground? I would give myself the benefit of the doubt. We have some pretty smart people following the calculated steps this company is taking. As a reminder, this project is HUGE. It's not a lego set.
Well unless you have proof that its totally for scam or waste, those are just assumptions. Are you suggesting he should post the actual agreements? I suppose we could get him to post at least a portion of them. Would be iffy though. The guy is probably super busy.
Given? You mean assumption of failure?
It could also be argued that folks against MMEX are illegally attempting to drive the price down for their own selfish advantage. It's quite possible people who believe in MMEX who just happen to closely follow facts are the ones that have the accurate information. It really makes me wonder whose behind all the negativity.
Serious question, how many trucks would be adequate? I actually think the smaller fleet would make economic sense, Penta wants to get in, they will probably give MMEX a great deal to transport crude and product. Not to mention if they receive a large contract they would be able to lease more trucks and 5000 gallon liquid bulk trailers. Even better because the equipment would be new. Man, That Hanks guys is one smart dude.
Excuse me for the spelling error, I was busy with other things, some people are a lot more attentive to the spelling aspect, guess I need new glasses.
Anyways, who did you talk to? I'm going to call them. Just want to verify your info. Better to verify than assume you're correct.
It takes a while for official documents to get posted to a government site. Pretty standard stuff. You'll have to wait. Patients is paramount.
The report is as of Oct 31. Oct 31 is the end of their quarter. Not sure how you can skew that. That's pretty good!
Who said Fort Stockton had anything to do with it? It was simply pointed out that there is now a newly approved easement.
Absolutely, so many reasons to get excited about MMEX. It's publicly available information that MMEX received an easement for a second access road, this one under the tracks from the NW side of the build site. We're either building an oil refinery or MMEX likes building improved access roads to carry heavy equipment, machinery, building supplies and personnel for fun.
Their quarterly end date is Oct 31. Wouldn't it be as of that date?
What do you think Form 4 is? The national enquirer? You are outright denying what's in front of you. I am disturbed by your lack of attention to detail. If you read the entire filing you will see that in fact he did BUY shares in the company he is developing.
Under column 5 it states shares were acquired.
There were only 400 shares sold at that price. People are holding.
It's much better than pathetic.
Actually, if you multiply it by 100 it's 1.3 million. So, not to shabby.
Nor does the FINRA site
http://otce.finra.org/DLDividendsDistributionsSplit
Maple Terminals is active according to:
https://www.corporationwiki.com/p/2yyvp4/maple-terminals-llc
and
https://copades.com/monec/?tag=carburantes-de-centroamerica
btw he's also building a refinery in Guatemala:
https://www.centralamericadata.com/en/article/home/Guatemala_Plans_to_Build_a_Refinery
CARBURANTES CENTROAMERICANOS S.A. is a subsidiary of Maple Terminals, here's the website:
http://www.carburantescentroamericanos.com/english-2/
That sounds about right.
Rated eXXon for money content.
What if the flagpole is the center of a new petroleum production and refining complex? and in 10 years MMEX Resources builds its own town office building, with cash, then Exxon leases space but only the small ones in the hallway cause Jack Hanks has the large corner office, facing the refinery.
He laid out the timeline. I do believe that's how it'll happen. Then only needs a 10:1 split or simply cancel shares. He up list to OTCQB and puts the company in a position to attract $800 Billion for phase 2 while constructing phase 1. He only needs to be above .01 to qualify, .05 to be safe, and .10 to be golden. Project moves ahead. MMEX
not sure but I've never seen that before, and the extreme buy pressure, 20 mil. Crazyness
20 times
Thanks for the update! The possibilities even greater!
I haven't seen any evidence that supports any of your claims of a scam or fraudulent representation, as far as I know, MMEX is building an oil refinery, so until I hear otherwise, in my opinion MMEX is a great investment.
MMEX is one heck of a company that has put out news that is no different than any other company constructing an oil refinery. Only thing is, they're paying for it themselves with the help of an eager lender. That's bold stuff. Hanks has some serious business skills. He's built an oil refinery in Peru! Lots of experience!
They're building a brand new oil refinery in West Texas. State of the art and environmentally friendly!
You should visit the build site so you can see for yourselves the progress they have made. They have a 3 mile access road that's been constructed & construction machinery has been moved in.
You're missing out!
That one time, in Fort Stockton, Mr. Hanks built an oil refinery that was successful in producing a quality product earning substantial revenue and making a healthy profit while creating wealth for its investors.
Yes, yes it was.
I'm gonna need a bigger bag to carry all the new shares I got today! Go MMEX!
The new graded and leveled access road is 60' wide and 3 miles long. Wider than a 4 lane highway. wow. Lots supplies and equipment can easily move down this roadway.
Apparently MMEX has been putting a lot of money into this. Using those facts, Mr. Hanks is prepping for a very large project on his companies property which happens to be located next to railroad tracks which can be used to transport crude from the Permian Basin to the CDU as well as the distilled and processed product for buyers who are already on board and ready to purchase it. smart.
It's important to have full and unimpeded access to the project site.
These facts were published on the private Facebook board.
The possibility is implied quite clearly.
Not sure why that's verifiable. I would love to see that information because we all know knowledge is power. Could you explain your source of information? You're cutting down Rick with now valid reason. Sure seems like you are insulting him. I am simply defending him. I do believe I know more about him than you. Please explain your source of information. Also, please explain how I insulted your feelings.
thank you!
This is the most ridiculous thing I have ever heard. Rick could not be more real, an MMEX stock holder from very early on. Mr. Hanks doesn't need anyone to promote his stock. Simple DD will show the strength of this project and the potential of this investment.
Of course they don't have those yet. This is the "construction" phase, when it's completed it will produce refined product of the highest quality. This is a brand spanking new facility using the latest technology. This new technology allows the refinery to have a low operational cost which will allow MMEX to extract the most profit. Plus, it will be environmentally friendly. win win
But in the meantime, here's more info that you may not know, Ferromex, Mexico's largest Railroad, owns Texas Pacifico, whose rail line runs through the property that MMEX now owns. They have plenty of money.
AND, the line can be upgraded completely from one end to the other, Presidio bridge to the MMEX oil refining facility, in about 80 days. It's often done on the approximately 140k miles of track in use around the country. Obviously they would need specialized equipment in order to do so but of course that rail maintenance and rebuild machinery has already been developed and in use in other areas of the continental US. They can get it done quickly. Another non-issue.
Seems like MMEX has all the bases covered. Mr. Hanks has thought this through pretty well.
Don't forget this little tidbit..."We're fortunate to have the railroad transverse our property," he said of the spur of the Texas Pacifico railroad situated near the refinery site that can move product into western Mexico or east to be offloaded onto a Burlington Northern train headed east to the Gulf Coast. It can be built rather quickly and could be in operation in the first quarter of 2019, he said. The storage tanks are already permitted. Projected crude volumes would be around 400,000 barrels per month.