Replies to post #106765 on MMEX Resources Corp (MMEX)

[jmjjw]

As with MMEX’s previous 10-K, the current period horror-novella will be filled with convoluted, contradictory statements, obfuscated consolidated financials, boilerplate lifted from sources like Wikipedia, excuses about the three failed project financing attempts, and misleading statements designed to confuse and distract retail investors.

Oh, and let’s not forget the Blue Sky and Forward-looking Statements “ejection seat” clauses.

The 10-K will reflect that MMEX is more deeply in debt, still insolvent, not a going concern, has no independent board, no business operations, and its sole source of income the proceeds of toxic lending. It will reflect the increase in shares outstanding, from liquidation of toxic shares of MMEX into the market. There won’t be any embedded surprises.

As for “media reports all over the place,” all but one article is just parroted, rehashed, self-referential material that MMEX provided, dumped, like nearly worthless MMEX shares, into the press, without any investigation. One “journalist” even got it so wrong as to claim that MMEX is already operating a 1MW solar plant, and upon being pressed about the inaccuracy, suggested that he was mislead by Mad J. and the company’s press release. Imagine that.

The only quasi-independent press was coverage by a Morningstar analyst, who rightly suggested MMEX would be a niche player at best, in a piece in which once again, Mad J. lied, providing misleading, false information, like claims of being able to reach Topolobampo, Mexico by rail, and provide “much needed high sulphur diesel” to Mexico. What a joke!

Yipper. Last year the 10-K came out on Friday the 28th. Could drop any time this week. I wonder what will be in it. Lots of good stuff happening. Media reports all over the place for the last couple of weeks. Should be a good. IMO

MMEX