Replies to post #118835 on DD Support Board and Research Team

[samsamsamiam]

That Rockwell Capital deal looks suspect. Whether they got out of it now won't erase the transactions that already took place.
And reading nodummy's post about the other stocks they were involved with raises the possibility those types of transactions will be looked at - Not just here - but by the SEC.

Plus it doesn't seem like just a coincidence that the most heavily posted stocks here involves stocks that had that deal with ROCKWELL as nodummy pointed out. Question might be - did Rockwell pay promoters while they were dumping those free trading shares?

I originally posted those types of free trading shares received through the courts for settlement of old debt raise red flags and I believe this will be no different. I watched Ray Barton work his magic with same type of deals.
Ended badly for him finally and shareholders took a beating.

Spinning that they ended it with Rockwell probably means Rockwell doesn't want to pay anymore for the old debt in exchange for free trading shares. Perhaps they felt they milked it enough for the storyline? And now the new billions of shares are about to be added.

I believe a number of people on this board will digging into this storyline.
It only recently surfaced on radar here.

Might be worth watching the other stock involving Rockwell - FLASR/ FLSR
to see if they end their deal prematurely with them as well.

[nodummy]

MMEX - According to the court documents Rockwell Capital Partners Inc (Samuel Oshana) acquired $108,566.99 in debts

https://promotionstocksecrets.com/wp-content/uploads/2017/03/MMEXRockwellComplaint.pdf

According to that 8K filed today Rockwell Capital Partners Inc (Samuel Oshana) received 489,000,000 shares

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11922888

We have issued a cumulative aggregate of 489,000,000 common shares pursuant to the Settlement Agreement and, as of March 9, 2017

489,000,000 shares for $108,566.99 worth of debt comes out to and averaged price of $.0002/share

So it looks like MMEX paid off that debt. Unless Rockwell Capital Partners Inc (Samuel Oshana) works out another deal with MMEX to acquire more liabilities in exchange for discounted free trading stock then that's all the Rockwell dilution for now.


If Samuel Oshana was/is able to dump those 489,000,000 shares at an average price of $.0025/share he makes out with around $1,000,000 in profits off that $108,566.99 in debt.

It is easy to see why all the pumping for the stock.


As far as the Refinery deal goes. If anybody believes that somebody is going to give MMEX $450,000,000 to build a refinery then they need to have their head examined. As MMEX very clearly stated in the 8K today they are company with a history of losses. They have an accumulated deficit of approximately $30 million and they continue to add to that deficit each quarter because of the fact that MMEX has never made any revenues in its history.

As of the last 10Q filed on February 24, 2017, MMEX only owned $62 worth of equipment and property and only had $3,335 in cash.

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11882017

MMEX also has over $2,500,000 in other liabilities on its balance sheet that Rockwell Capital Partners didn't acquire.

The 8K today only mentions that they bought the right/title/interest for the plans to build the refinery from another entity controlled by the MMEX CEO called Maple Resources Corporation.

It doesn't say they actually own any property. Even if they do have the title to the land. Seriously, who is going to give a penny stock with MMEX's history $450m?

It is pretty easy to see what is going to happen with MMEX. No refinery will ever break ground. MMEX will just see lots of future dilution and eventually end up a $.0001/share ticker. The way they have struggled to keep their SEC filings current there is a pretty good chance MMEX won't even get to go through a reverse split to continue to dilute in the future.

It sure was a heck of a pump & dump though. Props to MMEX CEO Jack W. Hanks and Samuel Oshana for running a good pump & dump.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129371880

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129382969