We know for a fact Vfuels is involved and a legit company.
1. So, either they are in on the scam. mmex could weasal their way through a scam but not a company outside mmex. Any company would be easily proved they knew it was a scam. Risking everything including severe jail time.
2. They have been scammed. Someone would need to put up a buttload of money for them to even get started.
Also look at the time frame of past events..and how they are connected. This only happens if is legit not by accident. Each one has to lead to the other, if it were are scam it would not be in perfect order.
I left took out some of things accomplished for illustration sake so it would not be so lengthy.
April 18, 2017: Meetings with Investment Banks in NYC.
a. THE BANKS TELLS THEM EXACTLY WHAT THEY ARE LOOKING FOR AND WHAT IS NEEDED. EACH ONE BELOW IS A RESULT OF WHAT THE BANK NEEDS AND WANTS TO SEE. EACH ONE LEADS TO THE NEXT.
May 4, 2017: Letter of Intent executed with Crude Supplier to supply 50,000 BPD to Pecos County Refinery Project.
THEY NOW HAVE A SUPPLY FOR THEIR BUSINESS.
April 27, 2017: Technical Conference Meeting with Strategic Consultants, EPC Company and Environmental Firm.
THEY NEED TO BREAK IT UP IN SMALLER CHUNKS TO SEE PROGRESS AND BRING IN CASH. THEY DECIDE HERE HOW TO DO IT.
June 13, 2017: MMEX announces plans to build a 10,000 BPD Crude Distillation Unit as Phase 1 of the Pecos County Refinery Project
THEY ANNOUNCE IT HERE.
June 13, 2017: MMEX announces $3M equity agreement with Crown Bridge Partners, LLC
THE BANK WANTS THEM TO HAVE OTHER FUNDS INVOLVED, THEY ALSO NEED OPERATING MONEY.
June 26, 2017: MMEX announces strategic relationship with VFuels, LLC on 10,000 BPD Crude Distillation Unit
THEY GET MONEY FROM CROWNBRIDGE AND IT LEAD TO THEM HIRING VFUELS
July 5-7, 2017: Meetings with Investment Banks in NYC
THEY MEET WITH THE SAME BANKS FOR A PROGRESS UPDATE AND TO SEE WHAT ELSE IS NEEDED AND TO MAKE SURE THEY ARE DOING EXACTLY WHAT THE BANK NEEDS AND WANTS.
July 28, 2017: Closed on Phase 1 Land Acquisition - Pecos County Refinery Project
THE BANKS SAYS IT'S GOOD SO FAR SO THEY CLOSE ON THE LAND
July 31, 2017: Filed Texas Commission on Environmental Quality Permit Application for 10,000 BPD Crude Distillation Unit
THEY GET PERMITS
August 23, 2017: Site survey completed and easements marked for Pecos County Refinery Project
THEY START PREPPING FOR THE IMMEDIATE NEEDS, STEP BY STEP.
October 26, 2017: Road development begins in preparation for the official groundbreaking ceremony on Nov. 17
November 17, 2017: Groundbreaking Ceremony
THEY ARE NOW VERY CONFIDENT OF THEIR FINANCING SO MUCH SO THAT THEY GO AHEAD WITH A GROUND BREAKING!!!!
