Replies to post #56070 on MMEX Resources Corp (MMEX)

[goodfela58]

I don't recall him ever stating he was moving $338 million into Maple. I do recall him stating that he would be moving Maple assets into MMEX shell company but, to my knowledge, no one knows exactly how much that is worth because Maple was private. I think the amount should be revealed in the quarterly filing.

[iPace22]

Silence is GOLDEN.

[Howyadoing]

The 338mil was not made up by this board! Actually its $344,459,120

Straight from 8k:
(the “Purchased Shares” or the “Shares”) to acquire the Project Intellectual Property Rights at a nominal valuation of US$ 344,459,120 constituting a share ownership interest in the Company to be determined by a valuation and fairness opinion issued by a third party independent consultant retained by the Company (the “Assignment Valuation”); and