Saturday, February 13, 2021 9:53:13 AM
HERE
02/11/2021 Outstanding Shares 19,024,883,051
And a little history lesson of MMEX and Hanks MASSIVE ONGOING DILUTION
02/11/2021 Outstanding Shares 19,024,883,05
12/30/20 Outstanding Shares 15,580,541,158
02/11/20 Outstanding Shares 13,352,828,472
11/26/19 Outstanding Shares 11,359,000,000
11/01/19 Outstanding Shares 3,062,442,080
09/16/19 Outstanding Shares 1,472,895,881
07/25/19 Outstanding Shares 240,000,000
(Can you spot a trend? A very rapidly progressing trend. )
THIS is what Jack Hanks does. Non stop MMEX share printing.
(well that and putting up flagpoles and getting paid HUGE MMEX executive compensation for said flag pole construction)
Every single thing MMEX has done is predictable (See post below)
Every single thing MMEX will do IS PREDICTABLE.
MMEX WILL continue to massively dilute shares.
MMEX will have to file for a Reverse Split or an increase in AS shares soon to allow MMEX to continue to PRINT BILLIONS MORE SHARES.
As was predicted last MMEX Reverse Split, when they do file MMEX's share price will crater and it will be too late. The filing will occur most typically on a Friday after hours and nothing will be mentioned by the company, someone on this board will post the filing link.
(ALL PREDICTABLE I have NEVER BEEN WRONG on any criticism of penny stocks that I have posted on. NEVER.
----- NOTE THE DATE OF THE POST.
Every bit of this happened.
BRoberts1982 07/25/19 12:09:16 PM
Post # of 120851
240,000,000 shares is nothing compared to what is about to happens to MMEX next. The AS is 12 BILLION for a good reason, and there are TOXIC NOTE HOLDERS LINED UP to add to this DEATH SPIRAL.
Every bit of this was perfectly predicted and obvious.
Every bit of the next wave of MASSIVE DILUTION is also OBVIOUS.
MMEX will require another reverse split as they cannot get the volumes anywhere close to the levels needed to handle the TOXIC NOTE CONVERSIONS.
And just like the last Reverse Split their will be promoters claiming that this is the time to be buying MMEX!!!
(That was an over 95% loss mistake)
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
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM