MMEX Resources Corp (MMEX)

[mikoli007]

To make $5 the RS would have to be around 2000 for 1. wiping many many shareholders out, also leaving someone with one million shares only 500.
The pps would then tank extremely fast after that, wiping many, many more out. They will also be able to continue to get EXTREMELY TOXIC LOANS over and over and over again. At a 40% discount the lenders are making tons and tons of money, mmex is making tons and tons of money. Shareholders are losing tons and tons of money. The only thing being accomplished is dirt pushing. mmex changes companies in almost every time an announcement is made. They didn't finish the valuation because there absolutely nothing to base a valuation on!!

Question 17 - the truth finally comes out, a year later: “We did not complete the valuation, it was too speculative.” Wow. This will make interesting fodder for regulatory agencies.

Question 15 is an interesting disclosure - Interstate/RAMA is no longer an EPC contractor for MMEX! Where was that PR? Why wasn’t there an 8-K (probably for the same reason there was no 8-K disclosing the original relationship). “As soon as we firm up the contract with a new firm…” so, in reality, there is no EPC…

Could you tell me what really has been accomplished all this time by mmex? Anything really substantial?