It make perfect sense becasue it is what every single toxic loan penny stock share selling company does. You failed to understand that MMEX was heading into the territory of trips after a very long steady and clear downtrend. MMEX and more importantly MMEX's TOXIC NOTE holders know they can't make money when MMEX price hits .0001, which is where is would go to eventually. MMEX will now be able to get more toxic notes and they will surely throw out another crude filled CARROT as they have done over the past year and change to lure in the gullible.
MMEX price climb was simply a pop becasue the current gullible bit into the every last rotted carrot MMEX (FIFTH TIME THE CHARM FOR FINACING!!!) fed them just as every penny stock massive dilution machine does, MMEX unleashed more dilution into the market right in MMEX shareholders faces.
The real shame is MMEX is as obvious as they get.
Seriously a penny stock with boatloads of toxic note, ongoing dilution and a ridiculous and tired "refinery" story does a REVERSE SPLIT and their are posts making claims this is TERRIFIC NEWS, you can't get more cartoonist than that.