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Posted On: 02/14/2019 1:50:13 PM
Post# of 4466
Re: DieselBuzz #4413
Mad J. knows his MMEX-scam marks well.
He relies on those who either don’t read, or can’t understand an SEC filing containing consolidated financials.
Mad J. relies on marks who can’t do basic math, or analysis; how would MMEX-scam have created $5-million in equity, based on the income stream reported in its filings?
How would MMEX-scam have created $5-million in equity, given that most of its income has been expended on “SG&A expense” and related party transactions, having invested less than $1-million over the company’s life, into the refinery project?
Mad J. knows his marks aren’t bright enough to ask these questions, or read a balance sheet.
He relies on those who either don’t read, or can’t understand an SEC filing containing consolidated financials.
Mad J. relies on marks who can’t do basic math, or analysis; how would MMEX-scam have created $5-million in equity, based on the income stream reported in its filings?
How would MMEX-scam have created $5-million in equity, given that most of its income has been expended on “SG&A expense” and related party transactions, having invested less than $1-million over the company’s life, into the refinery project?
Mad J. knows his marks aren’t bright enough to ask these questions, or read a balance sheet.
Quote:
some highlights and new info:
They have an application in to upgrade to the OTC:QB tier.
•MMEX is a publicly traded company listed on the OTCK
with application pending to up-list to the OTC:QB
$5 million already contributed to the required $15-20 million in equity.
• 20% equity - requirement estimated at $15 to $20 million (MMEX has contributed $5 million to date)
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