Replies to post #64735 on MMEX Resources Corp (MMEX)

[MMEX_MILLIONAIRE1]

You're correct, all depends on how it gets bought out. Hanks has it set up so a hostile take over is not possible. If it's a merger with another company then X amount of shares gets converted to the buyout companies shares, if it's an offering price for all public shares, then the bid would then sit at the agreed upon level and share holders can sell into the higher bid that does not move.