Replies to post #117128 on MMEX Resources Corp (MMEX)

[jmjjw]

MMEX-scam is nothing more than a poorly executed share-selling scheme.

Of course the claim that MMEX-scam will build anything, other than shareholder loss is ridiculous.

Factually, MMEX-scam has a single permit - not “permits.” That single permit, a TCEQ Type O AQP will not allow MMEX-scam to operate a functional rudimentary crude unit - it is missing critical process components, including a desalter, pre-flash column, redundant heat exchange capability, critical pump-around capability, and other elements that would result in the inability to operate with any crude slate available in the region.

MMEX-scam’s rudimentary topping unit could not produce a single drop of anything marketable as “diesel” - if built, which will never happen, it could only produce ATB, AGO, and LGO, none of which have any direct market or use.

MMEX-scam’s “agreements” are references to self-generated, self-referential PR - they are not material (no 8-K), and there is no independent or otherwise verifiable record that any agreements with suppliers, or customers exist.

The risk of believing, and the even bigger mistake of “investing” on the basis of a penny-scam PR is hilarious.

MMEX-scam’s latest 90-day delay is just one more in the continuous series of disappointments that were not only predictable, but predicted.

MMEX - You’ve Been Scammed!

All that has changed here is the timeline folks. Nothing else. So we're a bit behind. Ok, a lot behind. But that doesn't mean its over. Not by a long shot. I'll be staying the course until a CDU is built on the land the MMEX still has, with the permits that MMEX still has, and will sell the diesel to folks that MMEX still has an agreement with etc. etc. etc. .

[I FAR I]

MMEX...Right said! All permits and agreements are in place and things look real good for MMEX and 'One of the first refineries to be built in over 40 years in the U.S.'
https://www.mmexresources.com/pdf/190415_MMEX_April_Shareholder.pdf

"This is a great project. It has robust economics in it," Jack Hanks

https://www.mrt.com/business/oil/article/MMEX-Resources-seeks-to-make-up-for-lost-time-13634613.php


“Texas is No. 1 … We are the No. 1 oil and gas producing state. If we were our own country, we would be the 10th-largest producer in the world. We have surpassed nations in the Middle East … and a lot of that has to do with what happens right here in the Permian Basin.”

Float of 27.1 M = Awesome ROI

https://www.mmexresources.com/

MMEX RESOURCES
Leveraging Global Demand
for Energy Assets Located in the Americas.

Take care of the pennies, nickles, dimes and the $$$$$$$$ will take care of themselves!