Monday, August 19, 2019 8:01:40 PM
Floor-less convertible toxic loans are in no way even remotely equivalent to bridge loans. That claim is beyond utter B.S.
Bridge loans used in legitimate venture finance scenarios have a life-span measured in weeks, and they are covered by issuance of warrants on legitimate stock.
Mad J.’s toxic lending loan shark pals are not “investing” in MMEX-scam, as claimed - they are converting “debt” into shares, and dumping it onto the market - converting to cash. No toxic lending loan shark would ever become a bag-holder!
The evidence is clear - the definitive 14c issued this morning at 7:51am - confirming 452,861,096 shares outstanding - all of that dumped since July by Mad J.’s toxic lending pals.
Take this MMEX-scam share-pushing B.S. somewhere else - anyone with more than two neurons to rub together knows that MMEX-scam is a share-issuance scheme, and there’s no legitimate business.
Valuing MMEX-scam is easy, and does not require a financing event - simply take MMEX-scam’s market cap, and subtract MMEX-scam’s cumulative loss and current debt - some $40-million. This is why MMEX-scam is identified as insolvent in its SEC filings - its value is negative.
MMEX - You’ve Been Scammed!
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 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 05:21:55 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/06/2024 01:41:32 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/30/2024 02:08:15 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/29/2024 04:55:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:51:51 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
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