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Posted On: 01/28/2019 10:54:03 PM
Post# of 4466
MMEX-scam retail “investors” just got stuffed by ‘ol Mad Jacki-boi again today.
Mad J.’s latest “deal” with JSJ, at a 42% discount (not counting interest or anti-dilution warrant coverage), if it were converted today, would result in 2,530,720 shares of dilution - cramming down MMEX-scam retail “investors.”
This 2.5-million shares of dilution is going to be worse by the time the notes convert - whether Mad J. gives his loan-shark pals a freebie S-3 piggyback, or make’s ‘em wait out Rule 144… as the PPS drops, the cram-down only gets worse. And remember - the toxic lender is incentivized to force the PPS to drop!
What a racket! MMEX - You’ve been scammed!
Mad J.’s latest “deal” with JSJ, at a 42% discount (not counting interest or anti-dilution warrant coverage), if it were converted today, would result in 2,530,720 shares of dilution - cramming down MMEX-scam retail “investors.”
This 2.5-million shares of dilution is going to be worse by the time the notes convert - whether Mad J. gives his loan-shark pals a freebie S-3 piggyback, or make’s ‘em wait out Rule 144… as the PPS drops, the cram-down only gets worse. And remember - the toxic lender is incentivized to force the PPS to drop!
What a racket! MMEX - You’ve been scammed!
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