Replies to post #99996 on MMEX Resources Corp (MMEX)

[jmjjw]

These are MMEX's inexpensive props, designed to deceive unsophisticated retail investors.

The parcel of Pecos County land was acquired for $10.00 "and other consideration," and it came with access to execute the UTLands easement. The costs were not disclosed, however UTLands publishes the standard costs for access easements, which can be negotiated down.

The improved caliche road, and fencing were probably less than $70K. Similarly, the flagpole has no material value. MMEX's "agreements" are worth about as much as the paper they are printed on - factually, the agreements are not a matter of public record, and may, or may not exist - in any case, because MMEX has no ability to perform, and could not form a valid, legally binding contract, the "agreements" are of no material value - if they were material, they would have an associated 8-K filing.

So MMEX's inexpensive props, paid for off the backs of retail investors, in the form of dilution, are really quite expensive - but they were paid for with other people's money, and of no consequence to Mad J.

As an aside, none of these things were necessary - no legitimate source of project financing would have required them as milestones, or made financing contingent on them. None of them have any technical or execution risk.

Share selling schemes also don’t need land, easements, roads, fences, purchase agreements, or even a flagpole but MMEX has them.

[crowin]

Jack has invested in a few things to sell MMEX shares.

Bought the desert land real cheap.

Put up a flag pole.

Bought 6 shovels and painted gold for ground breaking last year before financing.

Bought 2 cans of Gold paint for shovels.

Rented office in Ft
Stockton for what???. Has been no reason so far to have one, the windows are covered in butcher paper for over a year now!

recently Bladed UT land easement before losing it!

When was the last time MMEX was a verifiable share selling SCAM?

All the time.

Follow the MMEX DD not the HYPE.

Follow MMEX for entertainment on how SCAMS operate