MMEX Resources Corp (MMEX)

[CBriX]

Even IF he did start negotiations and got a term sheet on 3/29 he won’t have access to that loan until June based on the timeline. There are operating expenses that need to be paid now and over the next couple months IF things are to move forward.

Like I said yesterday, it will take a couple months and we will know for sure. If the end of May rolls around and nothing happens then we know it was a pump and he screwed himself by giving a timeline. If the real loan agreement comes out then we know it was legit. Simple.

There will be nothing quick about getting financing for 49 million and honestly I don’t see how that would happen unless whoever is putting up the money is taking over majority interest in the refinery.