Replies to post #120853 on MMEX Resources Corp (MMEX)

[bildo]

I understand Jack will also be selling luxury condos on MMEX property. Each with a stunning ocean view. IMO

[jmjjw]

You can track MMEX-scam's OS using two methods. One is point-in-time, based on what MMEX-scam's transfer agent reports:

https://www.otcmarkets.com/stock/MMEX/security

You can track the increases in the OS over time by looking at MMEX-scam's SEC filings, or by periodic checks from data sources that report the transfer agent's data.

Since the most recent pump, MMEX-scam's toxic lenders washed in 2-billion wholly dilutive shares, the result of converting debt to free trading shares.

This is also known as death-spiral financing - OTCM / penny-scamming 101.

MMEX - You've Been Scammed.

[BRoberts1982]

Joshua, all the links you posted and the statements you made are not wrong. All except your conclusion here.....
"Not sure exactly what you are trying to prove but it looks to me that your "Dilution" is not what it appears to be."

That part, your understanding, is EXACTLY WRONG.

And I I am seriously not trying to be mean here but if you have owned MMEX since 2018, and that stock lost over 99.99% its value. Then it is doubtful you will ever understand what dilution is.

MMEX has been is one of the most dilutive penny stock over that time period.

So here is possibly as basic I can get in explanations.

1. Increasing OS shares IS DILUTION. Dilution is issuing new shares.
2. A company has a pile of shares (Authorized Shares) they can use to issue to dilute their stock.
3. Since the Last Reverse Split MMEX has diluted well over 18 BILLION shares. Basically ALL MMEX shares since the last Reverse Split were newly issued DILUTIVE shares. All through toxic lending. Every one of those over 18 BILLION shares is dilution.
4. Reverse Splits do not have any fundamental effect on a shareholders ownership value. The following dilution does.
Again, MMEX is one of the most dilutive penny stocks in the OTC since Jack Hanks took over the charade and started printing shares.

Again, not trying to be mean here but if you do not understand dilution, with MMEX being possibly one of the largest offenders in diluting it's shareholders steadily and ONGOING, then it is likely you won't ever grasp the concept.

And this statement
"Not sure exactly what you are trying to prove but it looks to me that your "Dilution" is not what it appears to be."
is completely wrong. Because THIS LIST IS DILUTION, MASSIVE AND ONGOING DILUTION. Shareholder value cratering dilution.


02/11/2021 Outstanding Shares 19,024,883,05
12/30/20 Outstanding Shares 15,580,541,158
02/11/20 Outstanding Shares 13,352,828,472
11/26/19 Outstanding Shares 11,359,000,000
11/01/19 Outstanding Shares 3,062,442,080
09/16/19 Outstanding Shares 1,472,895,881
07/25/19 Outstanding Shares 240,000,000

Every new share ISSUED dilutes the current stockholders.

If you own 100 shares of a company (let's cal it SCAMCO) that had 1,000 Outstanding shares you own 1/10th of that company.
If that company decided to issue 999,000 more shares, you now now own 1/10,000th of that company.

MMEX has done worse to its shareholders, MUCH, MUCH WORSE.