PEMEX probably has never even considered buying MVNT. Why in the world would a company with over $100B in revenues even consider buying a company with only about $1M in revenues. That is a totally ridiculous idea in my opinion. Some have even talked in the past about Chevron buying MVNT. Just another even more ridiculous idea.
I have to admit to sometimes posting ridiculous ideas myself on this board. If one is honest with oneself, then most would realize the prospects for MVNT's future are dim as they currently exist. One or more acquisitions by MVNT would at least have a legitimate chance of lifting them from the OTC malaise they are currently in.
No one should ever forget the original idea was for MVNT to be a collection of companies under one umbrella organization. Be it 3 acquisitions as originally proposed or 5 as later suggested or even 10 with $100M in revenues 5 years ago.
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