Replies to post #89722 on MMEX Resources Corp (MMEX)

[jmjjw]

MMEX bears no surprises for anyone.

MMEX, like all toxic PIPE-based share-selling schemes has a completely predictable cycle, and eventual outcome.

Schemes like MMEX are a "lather, rinse, repeat" process of attracting unsophisticated retail investors, posturing with inexpensive, immaterial events, all part of a charade, to create volatility and volume.

The real business is partnering with toxic lenders, to create debt in $100K-ish chunks, from thin air. The company insiders take the debt, up front, and the toxic lenders eventually convert, turning "debt" into "equity" on the public market, which they liquidate to cash.

The market-based ratchet that is built into the notes, along with usurious interest turns into compression of the shell, MMEX's PPS, continual decline, and massive dilution, in a predictable cycle, as the debt conversion steps out.

At a point, the PPS declines to a point where a reverse split is necessary, wiping out many of the common holders in the process - as will be the case for MMEX in the next 23 trading days.

The cycle repeats, until the share-selling scheme can no longer be maintained. MMEX won't surprise anyone, except those who choose to ignore the facts.

Somehow I don't think that even you believe that... MMEX is going to surprise a lot of people hear in the new future!!