(Total Views: 481)
Posted On: 12/02/2018 9:49:06 PM
Post# of 4466
MMEX is a well-documented share-selling scheme - nothing more, nothing less.
Despite the clear evidence of the nature of MMEX, a share-selling scam based on the use of toxic debt (this is entirely documented in MMEX’s SEC filings), the clear evidence of MMEX’s performance in the market (total failure, with a decline >97%), and an abundance of evidence in terms of sector analysis, market-based evidence, and so on, MMEX advocates continue to gyrate and pirouette about, with silly chants, unsubstantiated claims, and utter nonsense.
MMEX isn’t even a very clever scam, and Mad J. is mediocre con-man, at best. At every step of the way, all of MMEX’s failures were predictable, and predicted - MMEX is now past its first lather-and-rinse phase, having washed out the MMEX retail "investors" with the reverse split - the repeat phase of all death-spiral financed scams like MMEX.
Even the least-educated real investor knows that MMEX is a scam, from its poorly contrived “business plan” (documented in the S1-A filing, which took at least three attempts for SEC acceptance…), in which every single milestone MMEX documented has been completely blown. After five promised attempts at closing project financing, draw-downs in September, October, and November (none took place), complete with a charade groundbreaking ceremony, gold spray-painted shovels, chotzkie logo hard-hats, and Cub Scouts (!), a failed pump using a congressman, etc., MMEX is still dead (actually more dead) in the water.
This is the only refinery Mad J. might ever be able to finance:
Despite the clear evidence of the nature of MMEX, a share-selling scam based on the use of toxic debt (this is entirely documented in MMEX’s SEC filings), the clear evidence of MMEX’s performance in the market (total failure, with a decline >97%), and an abundance of evidence in terms of sector analysis, market-based evidence, and so on, MMEX advocates continue to gyrate and pirouette about, with silly chants, unsubstantiated claims, and utter nonsense.
MMEX isn’t even a very clever scam, and Mad J. is mediocre con-man, at best. At every step of the way, all of MMEX’s failures were predictable, and predicted - MMEX is now past its first lather-and-rinse phase, having washed out the MMEX retail "investors" with the reverse split - the repeat phase of all death-spiral financed scams like MMEX.
Even the least-educated real investor knows that MMEX is a scam, from its poorly contrived “business plan” (documented in the S1-A filing, which took at least three attempts for SEC acceptance…), in which every single milestone MMEX documented has been completely blown. After five promised attempts at closing project financing, draw-downs in September, October, and November (none took place), complete with a charade groundbreaking ceremony, gold spray-painted shovels, chotzkie logo hard-hats, and Cub Scouts (!), a failed pump using a congressman, etc., MMEX is still dead (actually more dead) in the water.
This is the only refinery Mad J. might ever be able to finance:
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