Here are the actual facts regarding MMEX - no bold typeface is required, as the facts are emphasis enough:
In fact, MMEX is not building a 10k bbl/d CDU, and/or a 100k bbl/day full-scale refinery. MMEX isn't building anything at all, because MMEX has failed (four times) to close on the necessary project financing, for any of its proposed projects. Thus far, MMEX has succeeded in erecting a flagpole, and over-paying for a caliche road, but there is no "building," or any material activity associate with either a rudimentary topping unit, or refinery.
MMEX's audit/accounting firm has been censured numerous times, by a variety of agencies, including the SEC. So-called "audited" financials are no factual evidence of "no scam." MMEX's auditors know this first hand, having been the defendant in several securities fraud cases, in which they colluded with company management to defraud investors.
Anyone with more than two functioning neurons to rub together can do two minutes of due diligence on BI, and find that they have about seven months of operational history in Texas, no track record of greenfield refinery construction, and no history in the Permian. We know for certain that the MMEX-BI "inked deal" is not material, because there is no 8-K filing.
This is nothing more than an aggregated list of MMEX's non-accomplishments, mostly dredged up from MMEX's self-referential PR, which has no substantive validation, no external, neutral, third-party substantiation, or truth. Typical of scammers...
All of that is absolutely hilarious, including the "subtle" threat of defamation or libel. Imagine Mad J., subject to courtroom discovery. That is so far beyond funny there is simply not enough laughter to spread over it. A definitive proof of an ongoing scam is associated with share pushers, pumpers, and promoters, who use misleading or outright false, extraordinary claims to push toxic trash like MMEX.