More false claims from an MMEX proponent, pushing a junk investment...
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All one needs to do is read MMEX's SEC filings, to obtain a clear understanding that it is a share-selling scheme. Coupled to all other evidence, including trading data, its chart, there is no other rational conclusion. Any experienced financial investor knows this.
MMEX's unverifiable, self-generated, self-referential PR is of zero value - 99% of it has no corroborating, independently verifiable back-up. MMEX is paying for props in its share-selling scheme off the backs of unsophisticated retail investors, who do not understand the impacts of toxic financing, and dilution. There is no "eager lender," other than the naive who continue to buy MMEX shares. Factually, the Peru operation was a lease - an operating lease from PetroPeru - Hanks/Maple built nothing - it was an existing facility, a crude topping unit in the Amazon Basin. Mad J.'s sole experience is defrauding investors in various schemes.
There is no refinery - there is a flagpole, and a caliche road, props in a share-selling scheme.
More hilarity - pushing dirt in the Pecos County desert is clearly not interesting to the market, and not material in constructing a refinery.
So many false claims in this post, I really don't know where to start.
I don't use opinions, I look for facts. The chart via the market reactions speaks for itself.
Wha, a total of 3-4 people a flagpole and a grated road do not make a "heck of a company!
Hmmm, talking of the possibility of a REVERSE SPLIT, NO FINANCING, MORE EXTREMELY TOXIC LOANS COMING, shareholder letters that contradict actual filed SEC statements, those are just a few. REAL OIL companies actually accomplish things,
This was the best one yet. Yes, they do have an "eager" lender. One who gets at least a 40% discount because it is AN EXTREMELY TOXIC LOAN! The lender can't lose!!!!hahahahahahahahaha, no wonder their "eager".