MMEX Resources Corp (MMEX)

[tdbowieknife]

There will never be "financing" by conventional methods or even with toxic lenders to build this refinery. No revenue, other than selling shares, no collateral, nothing of any real value. Not even any sort of expertise. All MMEX can do is print more shares. This refinery will NEVER be built. It can't be built. There is no money to build it.

Companies like MMEX resort to toxic lenders because they CANNOT get financing any other way. And now that ole Hanks has loaded up with many of these toxic loans, there is no chance in hell that any conventional lending will happen. And for MMEX to get 50 to 100 million from toxic lenders they would need like several 100 billion shares because of the perpetual dilution that would occur. It simply would not be sustainable as the more dilution the less the PPS.

A 50 million toxic loan??

LOL!