Sunday, January 20, 2019 10:40:32 AM
MMEX-scam fell to nearly 51% of the ex-split price at Friday’s close, the result of a heavily pumped sugar-high, followed by the inevitable collapse of the share price.
Recall that no news came from MMEX-scam directly, save for the immaterial, and unsupported claim that it joined TSPA. Otherwise, nothing came from the company to directly feed the pump.
Instead, Mad J.’s army of third-party promotors, and related predatory hangers-on, who participate in pumping MMEX-scam across investor forums and social media, came up with claims like:
- MMEX would be acquired
- MMEX was touring NASDAQ
- Incredible progress had been made at the MMEX site - “photos soon”
- Unrelated “sector news” conflated to represent accomplishments by MMEX
- Another attempt to use Rep. Hurd to carry water for MMEX-scam
- MMEX was partnering with ExxonMobil on the magical solar farm
- MMEX was being featured on Mad Money
- MMEX’s float was locked, big breakout imminent
- and so on…
All of this of course was total B.S. It was finally capped by incredibly bad news in Mad J.’s January 2019 shareholder letter; a combination of infantile responses to Mad J.’s private IR channel audience, wrapping up another delay in obtaining imaginary project financing.
Unfortunately for MMEX-scam retail “investors,” there are still at least 17-million shares left for Mad J.’s loan shark pals to dump, and Mad J.’s taken on a new round of toxic debt, to add insult to injury. But Mad J. thanks you all for lining his pockets - “SG&A expenses…”
Meanwhile, we can all appreciate comedy gems from MMEX-scam:
When you are dead, you don't know that you are dead. It is difficult only for others. It is the same when you are stupid.
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
VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • VPRB • Apr 19, 2024 11:24 AM
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM