It's obvious that people will sell for a small loss and others when they even get close to break even. The shares get scooped up like today and then like a tightly wound spring, WHAM, it pops. This is just weak selling and bigger players holding it down so as to scoop up more. Jack hanks has been true to his word so far concerning MMEX. Everything is right on schedule.
Why - these permits are for the Crude Distillation Unit - which creates feedstock for a oil refinery - but there isn't a oil refinery.
I didn't read anything in the 10-k about the Doty-Scott valuation - where the hell is that - just another Hanks carrot that was meaningless - so now the new carrot is air permits for a Crude Distillation Unit - not a oil refinery.
As Hanks stated in the S-1 - it would take another 18 months for the permits for a oil refinery.
Where is the capital coming from to build the CDU - then where are the funds to service the debt?
When will Hanks file the required 8-K about the land purchase - so we will know the details of the deal.
Why didn't Hanks include the land purchase in the 10-k under Subsequent Events?
Market Data 
Markets 
AI
