MMEX Resources Corp (MMEX)

[technicolor turncoat]

Logical deduction. Why would a company loan MMEX over $100k, and accept an amount of shares in return at a .03 floor price (which is essentially the break even point), during a point in time when the stock price is trading at or around .02?

Because: The lender is confident MMEX will produce news that will push the pps up, and beyond the floor price, and into the profit zone. The lender isn't planning on losing any money. The are counting on receiving a profit.

I think news will come sooner than later because I doubt the lender wants to see the share price drop from this level, and the longer OTCs go without releasing news, well, we all know the possibility of the stock price declining increases. Again, lenders do not plan to lose money. The plan to profit.

It is also very rare to see a lender agree to a floor price which is well above the current market price.

Something big is cooking, and is almost ready to be served, all IMO