(Total Views: 258)
Posted On: 12/21/2018 9:19:00 AM
Post# of 4466
I find it amazing that anyone at all would fall for a clearly documented share-selling scheme, based on toxic debt, like MMEX, especially when its SEC filings detail all of it.
For the most part, Mad J.’s marks in the MMEX con have been retail “investors.”
There is no lender, or lenders, as no financing has been secured in more than a year, other than floor-less, convertible toxic debt.
There are no material definitive agreements (i.e. contracts) with any EPC company (evidence = no 8-K), no definitive material agreements with any suppliers or customers (evidence = no 8-K), so none of them have been directly scammed at this point. They have been used by Mad J. as a prop in the MMEX con.
Judges, politicians, etc. are also just along for the ride, and even a mediocre con man like Mad J. knows how to grease the skids of local politicos as part of his grift.
The market clearly understands MMEX is a scam, as do legitimate investors.
For the most part, Mad J.’s marks in the MMEX con have been retail “investors.”
There is no lender, or lenders, as no financing has been secured in more than a year, other than floor-less, convertible toxic debt.
There are no material definitive agreements (i.e. contracts) with any EPC company (evidence = no 8-K), no definitive material agreements with any suppliers or customers (evidence = no 8-K), so none of them have been directly scammed at this point. They have been used by Mad J. as a prop in the MMEX con.
Judges, politicians, etc. are also just along for the ride, and even a mediocre con man like Mad J. knows how to grease the skids of local politicos as part of his grift.
The market clearly understands MMEX is a scam, as do legitimate investors.
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