(Total Views: 416)
Posted On: 01/15/2019 9:50:54 AM
Post# of 4466
The current state of MMEX is not a matter of "interpretation" - it is a matter of facts vs. lies.
The dilutive effect, depending on PPS, of another $250K of toxic debt is about 3-million shares, minimum. That's on top of the nearly 20-million shares from the last round of toxic debt, and it isn't over yet.
Some choose to call it like it is - toxic debt results in dilution, cram-down, and loss of shareholder value.
Siphoning off funds in the form of "SG&A expense" is just poorly disguised embezzlement from MMEX, by 'ol Mad J.
Lies, like "the project moving forward" don't even make sense anymore:
The dilutive effect, depending on PPS, of another $250K of toxic debt is about 3-million shares, minimum. That's on top of the nearly 20-million shares from the last round of toxic debt, and it isn't over yet.
Some choose to call it like it is - toxic debt results in dilution, cram-down, and loss of shareholder value.
Siphoning off funds in the form of "SG&A expense" is just poorly disguised embezzlement from MMEX, by 'ol Mad J.
Lies, like "the project moving forward" don't even make sense anymore:
Quote:
U call it dilution , I call it monies needed to move the project forward .
Funny how our interpretation differs ...
P R O G R E $ $
MMEX L& S for the Good Guys !
Read More: https://investorshangout.com/post/view?id=531...z5cghkHaNP
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