MMEX Resources Corp (MMEX)

[mikoli007]

So, you should be expecting another shareholder update letter for a term sheet for the 20%, correct, then an 8k? They have to have a the 20% down payment before financing can occur and it will do absolutely no good for more TOXIC loans. If they really have a term sheet for financing then there is NO NEED for another TOXIC loan.

This 20% term sheet should be out rather quick for all this to take place by May 31st.