MMEX Resources Corp (MMEX)

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The SEC, and other organizations have a substantial body of work, analyzing the consequences of “investing” in sub-penny share-selling schemes like MMEX-scam.

It is interesting to note the cross-sectional characterization of “investors” in OTC stocks like MMEX-scam; degenerate gamblers, looking for lottery-like outcomes, older, retired, low-income, and less educated “ nvestors” who will experience significantly poorer outcomes in OTC stocks like MMEX-scam.

MMEX-scam is a classic sub-penny, toxic debt based share-selling scheme. MMEX-scam in a nutshell:

- an insolvent, debt-laden shell company, with no significant assets
- no employees, no business operations, no suppliers, no customers
- no viable business plan, no fit in the refining sub-sector
- no possibility of producing a single drop of marketable product
- a technically flawed, inoperable proposed rudimentary topping unit design
- no possibility of obtaining legitimate financing

Of course, all of this is documented in MMEX-scam’s SEC filings - were anyone to bother reading them.

Outcomes of Investing in OTC Stocks

MMEX - You’ve Been Scammed!