MMEX Resources Corp (MMEX)

[jmjjw]

Unfortunately for MMEX, there is no evidentiary history of an OTC issue ever successfully entering the refining sector. For that matter, there is no evidentiary history of any OTC issue ever successfully entering any sector that requires significant investment in industrial infrastructure.

MMEX's corporate and financial structure guarantee that it will never attract project financing, in the $50-million or greater range, which would be required by MMEX's own documentation, to build even a rudimentary topping unit.

There is no investment syndicate in existence that would form around MMEX, an OTC "equity" with more than $1-million in toxic debt, $40-million in cumulative shareholder losses and liabilities, and so many more problems.

MMEX will not be able to obtain project financing.

But MMEX doesn't have a refinery "YET". But If given a chance they will have it all, I think.