MMEX Resources Corp (MMEX)

[jmjjw]

More MMEX-scam misinformation/disinformation...

We're all awaiting your "clever" explanation for the 17-billion shares of dilution.

No legit business would try to raise capital from the OTCM for an industrial project. Never going to happen - pure fraud.

MMEX - You've Been Scammed!

Convertible debt is disclosed in 10-Qs and 10-Ks, all of which are on the company website and easy to access.

Many of the convertible notes have a floor of $0.03 per share. Some $0.08 per share. Some $3.00 per share. Affiliates of the directors also pledged their shares against a convertible note and for entering into the pledge agreement, the Company granted a ten-year option, effective as of December 11, 2018, to the Affiliates to purchase 2,000,000 shares of the Company’scommon stock at $0.08 per share.

It’s all in the filings, so everyone can read form themselves and assess the impact of the convertible debt without hype and unsupported scurrilous allegations aimed to erode at investor confidence. Yes, there will be some dilution. That's how start-ups raise cash to grow and build. But I’ll start "worrying" about dilution when we get to $0.05, which is hopefully sooner rather than later.

GLTAL