Tuesday, August 28, 2018 2:51:59 PM
Of course that was just some promoter throwing out his own Carrot to the very naive to chew on.
Why throwing out a future price target is completely ridiculous?
ANSWER : Very simple, you cannot pin a price target / expected market cap number on a stock that you have no idea what the OS share count is. And MMEX's dilution is ongoing, massive and won't be stopping. So claiming a $5.13 price target last year would have put MMEX's Market Cap at around an insanely silly 5,130,000,000, of course now with well over 100% dilution that Market Cap would be at an even more silly level of around $12,000,000,000.
And when MMEX max's out its OS shares of 12 billion dollars in the future, that Market Cap will be over 60,000,000,000.
The misinformation carrot is rotten to the core.
Recent MMEX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:51:51 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 01/08/2024 02:30:21 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
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 04:48:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/14/2023 06:42:49 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/11/2023 08:50:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 01:30:20 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/17/2023 08:55:16 PM
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