MMEX Resources Corp (MMEX)

[jmjjw]

FUD = Facts, Un-financible, and Dead

The Facts:

- MMEX, and its founders represent $40-million in shareholder losses and lability
- MMEX’s founders have a 30+ year history of failure, dubious business dealings, and share-selling scams
- MMEX owns no intellectual property
- MMEX holds about $1-million in toxic, convertible wrap-around debt
- MMEX is a super-dilutive, OTC issue, will billions of authorized shares
- MMEX is insolvent, and is not a going concern by any accounting standard
- MMEX has a highly flawed “business plan” for a sector in which it has no experience, both technically and from a market perspective fatally flawed
- MMEX on its current plan cannot succeed, because the Phase I component of its plan cannot produce any marketable products
- MMEX cut its own throat by OTC registration, drinking from the poison well in a cart-before-the-horse move, guaranteeing it could never be financed

That’s enough depressing facts for any potential investor or trader.

MMEX is Un-financible:

- Investors capable of generating $50-million or more in infrastructure capital are savvy - they are aware of all the aforementioned facts, and more.
- Investors of the class necessary do not invest in OTC traded issues - the mess is too big
- Investors of the class necessary do not invest in companies that have used toxic, convertible wrap-around debt
- Investors do not put money into deals with a history of failure/failed teams
- Investors do not put money into obviously flawed plans

That’s enough depressing support for why MMEX is Un-financible.

MMEX is Dead:

- Given that MMEX is an obvious share-selling scheme, it will never build a refinery. It will only build an illusion of that claim.
- Given the facts, MMEX collapses, by its own admission, structure, and nature, failed from the onset.
- Given that MMEX is Un-financible, it will never live up to its promises.

MMEX is simply dead.

FUD.

That's a important one.
Does anyone know the definition of FUD?

Go $MMEX$