Replies to post #107549 on MMEX Resources Corp (MMEX)

[jmjjw]

MMEX failed to meet all the 2018 milestones, as published and defined in its Feb. 2, 2018 S-1A filing.

MMEX failed to meet three additional project financing deadlines (aka. milestones), with the next deadline to pass, and fail on Sept. 15.

If there ever was a "terms sheet" from an unnamed "international debt fund," it was non-binding, as no 8-K was filed, and in the most recent 10-K filing, MMEX noted it has only held preliminary discussions regarding financing.

PR is of no value, and immaterial, especially MMEX's PR, all of which is company-generated, self-referential, with no external validation or corroboration.

MMEX claims to have a "terms sheet," which is in direct contradiction with its legally binding 10-K filing, so it is unlikely that any "terms sheet" exists.

Insolvent, OTC shell corporations like MMEX, with no assets, significant liabilities and cumulative losses approaching $40-million, no employees, and no value generally do not qualify as candidates for financing, so that claim is also equally unlikely.

Well it doesn't take a genius to state the obvious. However, here's a couple of points that didn't jump right out a grab ya. 1- MMEX is seriously under valued considering all the milestones, articles etc. 2- "can't get financing" is not the same as doesn't have financing yet. MMEX does have a term sheet, and the rest will follow IMO. To say it can't get financing is a tad premature. I hope this helps.

MMEX

[mikoli007]

Sorry, it does not help mmex or it's shareholders one bit. Supply and demand 101. Something is only worth what someone else is willing to pay for it. mmex has been dropping ever since flag raising. It is less then ONE THIRD OF ONE PENNY LITTLE ITTY BITTY TINY COPPER PENNY. IT CANNOT HOLD OVER EVEN ONE THIRD OF ONE PENNY. If it could get financing it would have had financing. Soooo, as of right now it cannot get financing. The market has valued mmex currently at PRACTICALLY ALMOST NOTHING.