MMEX Resources Corp (MMEX)

[jmjjw]

One must wonder what new game Mad J. has layered on the clown-show known as MMEX…

As of the COB today, it seems Mad J. has failed to file with either FINRA or OTCM the required notice of corporate action, that would enable timely notice to shareholders of the Oct. 19 reverse-split that Mad J. has filed with SEC, in both pre-14C, and definitive 14C form.

MMEX has closed below a penny for 205 consecutive trading days, and the PPS is steadily trending down, as should be the case for an insolvent OTC shell corporation, with no assets, employees, or value, and nearly $40-million in cumulative losses and debt.

Every day Mad J. is late with the required corporate action filing pushes the reverse-split effective date out - a move Mad J. can ill-afford. As the PPS falls below 0.001, the reverse split will be impaired - at 1 for 100, that only moves the MMEX toxic trash back to a penny…

What a scam - MMEX can’t even get that right.