MMEX Resources Corp (MMEX)

[jmjjw]

On the one hand, I'm sad for anyone got caught up in this debacle. After litigating cases like this, seeing the destruction that scams like MMEX-scam and Hanks' wrought, including the suicide of a client, after losing his entire retirement, home, everything, I feel compassion and empathy.

On the other hand, this points to the fundamental flaws in investment scams, ineptitude, and human frailty - particularly on the OTCM. Most individuals lack the knowledge and expertise to make direct investment in any of the casinos - the OTCM being the worst. Anyone with more than two functioning neurons to rub together needed only to read MMEX-scam's SEC filings, do a modicum of rudimentary due-diligence, to find out MMEX-scam was a fraud. It's harder to feel sorry for those individuals. Anyone that can read a cereal box could figure out MMEX-scam is a fraud.

For those without sector knowledge, they were out of their league from the onset. For those who can't read and analyze consolidated financials in an SEC filing, they'd have been better off setting their money on fire.

The dumbing-down process that leads people to "invest" in scams like MMEX-scam is sad. The lack of protection from the SEC is sad. The fact that fraudsters, grifters, scum, like Hanks predate on people is the saddest.

Sorry for your loss.

FWIW, I now use MMEX-scam as an example in my 1L seminars. Even the poorest 1L's get that it's fraud in the first lecture.

JMJJW. I know exactly what MMEX has been the last 4 years, and I have no desire to have any dealings with it at this point. My only goal has been to get out and get back the cash that was originally put into it.

And as luck will have it, I am about completely out of this mess. No buying, just selling off everything that's been sitting dead in my account for years, along with all those false promises. Hopefully, others stuck here have taken advantage of this strange opportunity and reclaimed some of their losses.

So enjoy your evening, and don't waste your time with me. I've been done with this stock for a long time.


Best to all,
WW