MMEX Resources Corp (MMEX)

[jmjjw]

MMEX's S-1 is indeed informative.

Investors who take time to read it will find that:

- MMEX is insolvent, not considered a going concern by any accounting standard
- MMEX has a cumulative shareholder loss and liability exceeding $40-million
- MMEX has no revenue, no near-to-midterm potential for any revenue
- MMEX has been unable to borrow on conventional lending terms
- MMEX has no suppliers
- MMEX has no customers
- MMEX has no significant assets
- MMEX has no employees
- MMEX has held only preliminary financing discussions
- MMEX plans to continue diluting its Class A common shareholders
- MMEX has significant risks, in all areas of the business plan it proffers
- MMEX has ho independent board of directors

The list goes on, but that's sufficient, fact-based (remember, its all in the S-1) groundwork that contraindicate that MMEX is worthy of any investment.

Thanks for reminding investors to conduct thorough due diligence, including reading and understanding the MMEX S-1.

$$$$MMEX

https://www.fool.com/investing/general/2015/06/22/sec-form-s-1-what-is-it-why-is-it-important.aspx