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Re: Eli-316 post# 74647

Friday, 11/10/2017 2:41:23 PM

Friday, November 10, 2017 2:41:23 PM

Post# of 122545
At this point, no refinery is being built. What one might believe is irrelevant.

Until there is a means of financing $50-million (or more), factually no refinery is being built.

Factually, at present, MMEX owns a piece of land, valued at $10.00, and holds an administrative permit air quality permit for a small, low-throughput rudimentary topping unit - that permit has a face value of $100.

The remainder of what MMEX holds is represented in an OTC traded issue, varying in value, mostly illiquid, and offset by corporate losses and shareholder liability of almost $40-million. The market cap at any one time is approximately half that total liability.

So, irrespective of what anyone likes, or believes, no refinery is being built. That is factual, regarding MMEX.

The anti-MMEXers are in "panic" mode as they scream "it's a scam." Panic because a refinery is being built and will commence in one week at the groundbreaking. All the hard work in stopping this project and the refinery is still being built. WOW

Remember, the truth is truth no matter how many times or how loud one desperately cries, "it's a scam."

A refinery is being built whether one like it or not and whether one believe it or not.

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