MMEX Resources Corp (MMEX)

[jmjjw]

MMEX is only building up toxic, floor-less convertible debt, shareholder losses, and liabilities.

On Feb. 21, MMEX took on another $83K toxic note, with a 39% market-based ratchet, the tenth such note, now exceeding $1.6-million, less interest.

As soon as the Crown Bridge deal can be executed, MMEX will continue piling on toxic, floor-less debt, as much as $3-million more.

MMEX isn't building anything remotely like a CDU - the company has insufficient cash-flows, and assets, as it has documented in its SEC filings, including the recently effective S-1A - MMEX is insolvent, and not considered a going concern.

MMEX is building real, and considerable toxic debt, along with significant shareholder dilution, and approaching an inevitable reverse split - which must be announced just 23 trading days from now.

Go MMEX!

anyone can make fake adds on fakebook.. mmex is building a real cdu!