Replies to post #49744 on MMEX Resources Corp (MMEX)

[mikar]

Why use his cash if he can do it this way? The lenders must be pretty confident the stock will be over .03 or they wouldn't have done it. This is not their first rodeo!

[CASH_FLOW]

Could be self dealing if they loaned money from Maple to MMEX. That and tax implications.

https://www.irs.gov/pub/irs-tege/eotopicq85.pdf

[Panchoranchos]

Because smart business men always use somebody else's money to start new business