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Posted On: 01/04/2019 9:47:11 PM
Post# of 4466
MMEX is at best a mediocre share-selling scam.
In contrast, legitimate businesses have certain characteristics, all of which MMEX lacks.
The MMEX advocates fail to realize that no legitimate business uses floor-less, convertible, toxic debt. There are only two reasons why toxic debt is used:
- an incompetent CEO, lacking an independent board, gets suckered into the death-spiral out of sheer desperation
- a con-man, huckster CEO and insiders who deliberately use toxic debt as a platform to run a share-selling scheme
There is no grey area.
Legitimate businesses, unlike MMEX, are built on sound fundamentals.
Legitimate businesses, unlike MMEX, have sound business plans, and understanding of their markets.
Unlike MMEX, legitimate businesses have unique leverage in a market, often including intellectual property suites (patents), propriety technology portfolios, along with talented management and/or technical teams - MMEX lacks any of those attributes.
Legitimate businesses, unlike MMEX, are transparent, have independent boards, composed of outside directors, corporate governance, and meet all public company standards (Sarbanes-Oxley) and don’t leave investors, or the markets hanging, uninformed.
Legitimate businesses, unlike MMEX meet milestones - they understand this is critical in quarterly-result driven markets. MMEX on the other hand, has failed to meet every single committed milestone.
Legitimate businesses, unlike MMEX, don’t drive market performance on rumors, unsubstantiated B.S., or unverifiable PR. MMEX, in contrast is fly-by-night, using a cast of characters like penny-paint-huffers, used car sales-“persons,” powder-snorters, Twitter, and Facebook social media pumps, and a cast of clowns to promote it.
Legitimate businesses have share prices that respond on fundamentals - positive news, positive changes in company metrics, material accomplishments are rewarded in the market, negative news and performance is similarly reflected in share prices. MMEX, in contrast, moves on rumor, not on material progress. Price fluctuations in MMEX’s PPS are not underpinned by matching trading volumes. MMEX moves in price on rumor - all reflecting fraud, manipulation, and the marks of a scheme, vs. legitimate business.
In contrast, legitimate businesses have certain characteristics, all of which MMEX lacks.
The MMEX advocates fail to realize that no legitimate business uses floor-less, convertible, toxic debt. There are only two reasons why toxic debt is used:
- an incompetent CEO, lacking an independent board, gets suckered into the death-spiral out of sheer desperation
- a con-man, huckster CEO and insiders who deliberately use toxic debt as a platform to run a share-selling scheme
There is no grey area.
Legitimate businesses, unlike MMEX, are built on sound fundamentals.
Legitimate businesses, unlike MMEX, have sound business plans, and understanding of their markets.
Unlike MMEX, legitimate businesses have unique leverage in a market, often including intellectual property suites (patents), propriety technology portfolios, along with talented management and/or technical teams - MMEX lacks any of those attributes.
Legitimate businesses, unlike MMEX, are transparent, have independent boards, composed of outside directors, corporate governance, and meet all public company standards (Sarbanes-Oxley) and don’t leave investors, or the markets hanging, uninformed.
Legitimate businesses, unlike MMEX meet milestones - they understand this is critical in quarterly-result driven markets. MMEX on the other hand, has failed to meet every single committed milestone.
Legitimate businesses, unlike MMEX, don’t drive market performance on rumors, unsubstantiated B.S., or unverifiable PR. MMEX, in contrast is fly-by-night, using a cast of characters like penny-paint-huffers, used car sales-“persons,” powder-snorters, Twitter, and Facebook social media pumps, and a cast of clowns to promote it.
Legitimate businesses have share prices that respond on fundamentals - positive news, positive changes in company metrics, material accomplishments are rewarded in the market, negative news and performance is similarly reflected in share prices. MMEX, in contrast, moves on rumor, not on material progress. Price fluctuations in MMEX’s PPS are not underpinned by matching trading volumes. MMEX moves in price on rumor - all reflecting fraud, manipulation, and the marks of a scheme, vs. legitimate business.
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