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MMEX...There will be No RS - yet...But an

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I FAR I   Friday, 08/17/18 10:17:35 AM
Re: None
Post # of 119014 
MMEX...There will be No RS - yet...But an expected PR with updates on financing and progress with regards to the 10,000 bbl/day CDU construction will cause a spike in share price and volume.

Looking forward, after the completion of the 10,000 bbl/day CDU next year, we may then get a MAJOR news release concerning a JV with a BIG oil company that's willing to help finance the 100,000 bbl/day full-scale refinery.

MMEX and Jack Hanks will want to retain significant equity in the project however - And they can, by helping to foot the bills. That cash won’t come from the OTC however, but more likely from a JV with a big company which would lead to an explosion upwards in share price...THEN a possible RS so as to trade on a higher exchange and get access to millions of more dollars due to a successful JV.

That is the logical path forward for MMEX and any smart company with ties to the oil-fields...So don't snooze and lose, but instead buy more MMEX shares while they're not-so-hot!


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