Saturday, April 28, 2018 10:50:00 PM
The SEC is one definitive source of information regarding MMEX, and the market data, all factual, is another.
As was easily, and readily anticipated, you are unable to provide references to SEC filings, 8-K, or otherwise, specific to a “term sheet,” or any definitive material agreement for off-take, or other positive information that wold advance MMEX’s case. Anyone can look at the publicly accessible SEC database to view filings, and anyone who looks at the filing database will find that no SEC filings for MMEX exist, relative to the “term sheet,” or other material definitive agreements, with the sole exceptions of MMEX’s twelve floor-less, convertible notes.
On that basis, it is straightforward to conclude that any “term sheet,” if it even exists, is non-binding, and not material. Similarly, any off-take “agreement,” if one exists, is non-binding, non-contractual, and not material.
If, in fact a binding term sheet were in existence, or if in fact, a material definitive off-take agreement existed, MMEX would have been required to file it via Form 8-K with the SEC, and issue companion PR material.
These documents exist so far, only as claims in company-generated, self-referential PR. Due diligence, and confirmation, requires an evidentiary process - multiple, independent sources of information, which are substantive, and corroborate the company-generated claims.
MMEX has failed to provide this - as have the related entities, including the unnamed “international debt fund” party to the claimed “term sheet.”
There is no MMEX SEC filing on a “term sheet,” and there is no MMEX SEC filing on an off-take “agreement.” Facts matter.
Recent MMEX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 05:21:55 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/06/2024 01:41:32 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/30/2024 02:08:15 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/29/2024 04:55:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:51:51 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/03/2024 01:18:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/14/2023 03:11:12 PM
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM