He relies on those who either don’t read, or can’t understand an SEC filing containing consolidated financials.
Mad J. relies on marks who can’t do basic math, or analysis; how would MMEX-scam have created $5-million in equity, based on the income stream reported in its filings?
How would MMEX-scam have created $5-million in equity, given that most of its income has been expended on “SG&A expense” and related party transactions, having invested less than $1-million over the company’s life, into the refinery project?
Mad J. knows his marks aren’t bright enough to ask these questions, read a balance sheet, or use a crayon...
Well, that's what its worth to the lenders. 5 BIG ones. How ever you slice it, that's what it means.