- MMEX, and its founders represent $40-million in shareholder losses and lability - MMEX’s founders have a 30+ year history of failure, dubious business dealings, and share-selling scams - MMEX owns no intellectual property - MMEX holds about $1-million in toxic, convertible wrap-around debt - MMEX is a super-dilutive, OTC issue, will billions of authorized shares - MMEX is insolvent, and is not a going concern by any accounting standard - MMEX has a highly flawed “business plan” for a sector in which it has no experience, both technically and from a market perspective fatally flawed - MMEX on its current plan cannot succeed, because the Phase I component of its plan cannot produce any marketable products - MMEX cut its own throat by OTC registration, drinking from the poison well in a cart-before-the-horse move, guaranteeing it could never be financed
That’s enough depressing facts for any potential investor or trader.
MMEX is Un-financible:
- Investors capable of generating $50-million or more in infrastructure capital are savvy - they are aware of all the aforementioned facts, and more. - Investors of the class necessary do not invest in OTC traded issues - the mess is too big - Investors of the class necessary do not invest in companies that have used toxic, convertible wrap-around debt - Investors do not put money into deals with a history of failure/failed teams - Investors do not put money into obviously flawed plans
That’s enough depressing support for why MMEX is Un-financible.
MMEX is Dead:
- Given that MMEX is an obvious share-selling scheme, it will never build a refinery. It will only build an illusion of that claim. - Given the facts, MMEX collapses, by its own admission, structure, and nature, failed from the onset. - Given that MMEX is Un-financible, it will never live up to its promises.
MMEX is simply dead.
FUD.
That's a important one. Does anyone know the definition of FUD?
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