MMEX Resources Corp (MMEX)

[papeleo]

Ok everyone I'm taking a minute to share what I have found out about MMEX, one of the hottest penny stocks this year. If you got in on this one around .005 good for you you made money, but unless your looking to loss money stay away, I did the homework on this one and reading over jacks (the only owner.director,cfo and any other title this guy came up with) last Q10 that he personal wrote shows that he gave 5,000,000,000 (yes billion shares) to Maple creek to build his so called refinery but after doing the math, even if they sold all the shares at the high of .05 cents they would only have 45 million to build the 450,000,000 refinery, looks a little short to me. Also this is the same company he took over just a couple of years earlier, meaning the whole thin looks fishy! But ok maybe just maybe this guy is being honest, so I called the Permian basin near fort Stockton Texas and spoke with Mr. Gomez that handles all permits for the basin and he has no idea about any new refinery being planned and has not heard from anyone with MMEX or Maples or KP Engineering about permitting any work in or around the Permian basin (also he said that first they would have to do a water treatment plan and that would take around two years!) Bottom line...This is another guy ripping off people with the use of penny stock market, i just don't get it why the SEC does not put this guy in jail! Stay away in good hunting for that dream stock .....