Replies to post #94174 on MMEX Resources Corp (MMEX)

[I-Glow]

I have heard boom time and tic toc for 9 months - and nothing but more losses for investors that believed the Hanks fantasyland nonsense.

How would that clown collateralize a $50 million loan - forget the $1 Billion refinery BS.

It seems most have never been involved in the energy sector.

Our company got $220 million but then we had partners we had to answer to - we had a quarterly interest payment and a 5 year Balloon.

The audit cost $200k.

But we had between $15 and $25 million in monthly revenue - millions in reserves - all equipment was attached to the financing.

MMEX doesn't have any assets - they don't have any revenue - it truly is a fantasy to believe Hanks can obtain financing.

Lenders are brutal - Hanks doesn't have any skin in the game.

All Hanks is bringing to the table is toxic debt.

IG