This is some of the most offensive, blatant MMEX-scam B.S. yet.
Floor-less convertible toxic loans are in no way even remotely equivalent to bridge loans. That claim is beyond utter B.S.
Bridge loans used in legitimate venture finance scenarios have a life-span measured in weeks, and they are covered by issuance of warrants on legitimate stock.
Mad J.’s toxic lending loan shark pals are not “investing” in MMEX-scam, as claimed - they are converting “debt” into shares, and dumping it onto the market - converting to cash. No toxic lending loan shark would ever become a bag-holder!
The evidence is clear - the definitive 14c issued this morning at 7:51am - confirming 452,861,096 shares outstanding - all of that dumped since July by Mad J.’s toxic lending pals.
Take this MMEX-scam share-pushing B.S. somewhere else - anyone with more than two neurons to rub together knows that MMEX-scam is a share-issuance scheme, and there’s no legitimate business.
Valuing MMEX-scam is easy, and does not require a financing event - simply take MMEX-scam’s market cap, and subtract MMEX-scam’s cumulative loss and current debt - some $40-million. This is why MMEX-scam is identified as insolvent in its SEC filings - its value is negative.
MMEX - You’ve Been Scammed!