Replies to post #112225 on MMEX Resources Corp (MMEX)

[I-Glow]

This must be your first share selling scheme - GS gets the shares at a 40% discount - GS doesn't have any faith in MMEX - they have faith in gullible OTCM investors.

If there was financing available to Hanks he could have gotten a bridge loan (which is conventional financing) - but he resorted to the bottom feeders of the lending industry - the toxic lenders.

Hanks basically gave up control of MMEX and will maintain his lifestyle from the $550,000.

GS doesn't care about the business plan etc - just look at the Draconian terms of the financing.

IG