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Re: pennyking130 post# 92909

Thursday, 03/22/2018 10:17:03 PM

Thursday, March 22, 2018 10:17:03 PM

Post# of 122538
The management of MMEX has until March 29, 2018, to elect a corporate action like a reverse split, to cure the QB defect.

Because MMEX is a Nevada corporation, which is a non-recourse state, MMEX's management/board (Mad J.and the Lemon) can make the choice to effect a reverse split, with no shareholder input, approval, or recourse.

Until March 29 passes, the decision to effect, or not, a reverse split is unknown, and uncertain. Until that point in time, the 8-K MMEX filed on Jan. 12 is in conflict with its March 5 shareholder statement, leaving doubt, and uncertainty.

A better question is why anyone still invests in MMEX, a share-selling scheme - investing money in such a scheme is generally considered nonsense.

No r/s happening why are people still talking about this nonsense!?

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