Replies to post #73728 on MMEX Resources Corp (MMEX)

[jmjjw]

Certainly - let's examine MMEX's "achievements this year alone:"

Using the conveniently provided enumerated list, items 2, 3, and 7 are announcements by MMEX, and are immaterial - they carry no contractual value, and amount to nothing more than lip-flapping, arm waving, and a little PR. I'm planning on announcing that I am Emperor of the Universe tomorrow, along with appropriate PR. That trumps MMEX!

Items 5 and 6 are marginal "achievements," MMEX acquired 126-acres of Pecos County desert for $10 and "other consideration," likely warrants on nearly worthless shares, and they obtained a must-issue administrative permit by rule from TCEQ, for $100, plus whatever they paid Trinity to complete the application (the company itself had no internal competence to do so.). Go MMEX!

Items 1, 4, 8, and the non-enumerated "9" all fold into one "achievement." Congratulations, making money is a good thing, and nobody, certainly not me diminish the 133X return on investment. However, like all share-selling schemes, this one will implode too. It is not a matter of if, it is only a matter of when. No one likes to be a chump, or sucker, left holding the bag when the dump takes place, which it inevitably will.

MMEX's "accomplishments," and "achievements" are thin at best. The company will almost certainly never obtain sufficient financing to build anything. A groundbreaking ceremony is devoid of meaning, absent committed, verified financing for the project. When that becomes evident to all who've invested, the dump is inevitable.

Maybe we could also take a look at what they have achieved this year alone.

1. Share price up .0001 to .0133 since March 7th for a whopping 13,300% return.
2. Announces plans to build first oil refinery in the U.S. in 40 years.
3. Partnership with KP Engineering to design and build the oil refinery in the Permian Basin.
4. Share price up .0001 to .0133 since March 7th for a whopping 13,300% return.
5. Announces land acquisition for the refinery project.
6. Secures permit approval from Texas Commission on Environmental Quality.
7. Announces it will break ground on Friday, November 17th.
8. Share price up .0001 to .0133 since March 7th for a whopping 13,300% return.

Did I mention 13,300% return? And that's just the beginning.

To date, they have done everything they have said they would do.

MMEX is going to make some share holders very happy!

[rising]

Also mention the fact the MAYOR is emailing us from Fort Stockton its a go and he is attending the ground brreaking. Im long and so strong!!! GO MMEX