Replies to post #82780 on MMEX Resources Corp (MMEX)

[tothe]

What are you talking about?

While the MMEX buy-out is an interesting theory, what exactly is there to buy out?


Quote:
* The 3:01PM release of the 8-K shows pre RS traders gaining position. These traders troll the markets for this type of setup and trade to accumulate 100s of millions "free shares". Volatility increases and the down trend of the PPS is always there if there is dilution. If there is low or no dilution the up trend starts and gains momentum as volume increases. If Jack gets a commitment for Traditional Financing the backers may force and early RS to bring the share structure from penny to the dollars size needed for the convertible preferred stocks. The Trump tax cut means some companies will be flush with cash for JVs, M&A or hostile buy-outs.


As a reminder, MMEX owns nothing of value. Anyone who saw a legitimate business opportunity to build a regional inland refinery does not need MMEX.

MMEX owns no IP, no licensable or proprietary technology, no assets with any significant value, MMEX has no unique customer relationships (in fact no customer relationships at all), and has no customers. There is nothing to buy, or to finance, except MMEX's bad idea, 126-acres of land with a flag pole, and a highly flawed topping unit schematic, with a $100 administrative permit.

There's no need for anyone to spend a penny to acquire anything MMEX has, or to finance it - the idea is not unique, there's absolutely, positively nothing there.

Starting from scratch would be cheaper, cleaner, less risky, and free of any of MMEX's baggage.